Chicago-based CNA Financial Corp. announced second quarter of 2004 results. Net income for the second quarter of 2004 was $289 million as compared with net income of $70 million for the same quarter of 2003. The increase was primarily due …
The Workers’ Compensation Insurance Rating Bureau (WCIRB) has submitted its annual regulatory filing to the California insurance commissioner. In its filing, the WCIRB proposed advisory premium rates applicable to new and renewal policies with anniversary rating dates on or after …
New Jersey motorists who have been able to escape points for traffic tickets by pleading guilty to the catch-all charge of “unsafe operation of a motor vehicle” are finding it’s now an expensive bargain, thanks to a $250 surcharge imposed …
Arthur J. Gallagher & Co. has announced its second quarter financial results were strong despite falling prices in the insurance market. “This was another strong quarter for Gallagher despite softening rates in the insurance marketplace. Our Brokerage and Risk Management …
Marsh & McLennan Companies Inc. (MMC) reported its second quarter consolidated revenues increased 6 percent to $3.0 billion. Net income rose 7 percent to $389 million, and earnings per share increased 11 percent to $.73 from $0.66 in last year’s …
SAIF Corporation, Oregon’s not-for-profit workers’ compensation insurance company, has released a study that reports a 35 percent reduction in healthcare industry claims in the first year of its Safe Patient Handling Program. The study, conducted in partnership with 18 Oregon …
The International Association of Black Actuaries (IABA) has announced that its 12th annual conference will be held on Aug. 6- 8 at the New York LaGuardia Airport Marriott, and on Sunday at the Courtyard by Marriott LaGuardia. IABA’s mission is …
Bermuda-based XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended June 30, 2004, of $363.6 million, or $2.62 per ordinary share, compared with $347.7 million, or $2.51 per ordinary share, for the quarter ended June …
A Kansas City couple who own and operate a counseling service are facing 20 felony counts of stealing, Medicaid fraud and forgery for allegedly defrauding the Missouri Medicaid program and the Division of Family Services’ Children’s Treatment Services Program of …
Kentucky Gov. Ernie Fletcher has signed an Executive Order declaring a State of Emergency for the Commonwealth of Kentucky. Beginning on July 13, and continuing for several days, widespread severe weather occurred across Kentucky producing heavy rainfall, strong winds and …