Florida-based 21st Century Holding Co. reported record results for the quarter ended June 30, 2004. For the quarter ended June 30, 2004, the company reported record net income of $3,674,778, or $0.95 per share on 3,863,262 undiluted shares, versus net …
Safety Insurance Group, Inc. (NASDAQ:SAFT) of Boston, Mass. reported second quarter 2004 net income for the three months ended June 30, 2004 was $10.3 million, or $0.66 per diluted share, compared to $13.1 million, or $0.86 per diluted share, for …
The Hartford Financial Services Group, Inc. (NYSE: HIG) reported second quarter 2004 net income of $433 million or $1.46 per diluted share. Net income includes net realized capital gains of $31 million (after-tax) or $.11 per share and a $118 …
The Navigators Group Inc. reported net income of $9,037,000 for the 2004 second quarter compared to $6,157,000 for the 2003 second quarter, an increase of 47%. Net income per share was $0.71 for both the 2004 and 2003 second quarters …
The authorized bonding program of the Florida Hurricane Catastrophe Fund (FHCF) has been upgraded to ‘AA’ from ‘A+’. The FHCF provides reinsurance coverage of up to $15 billion per hurricane season, reimbursing insurers after hurricane-related residential property insurance losses have …
The minority leaders of the Oklahoma Senate and House of Representatives issued an announcement stating that legislative action during the state’s last legislative session could have staved off the higher workers’ compensation insurance rates that Oklahoma employers will soon be …
Insurers are routinely presented with complaints filed against their insureds where some of the complaint’s allegations do not fall within the coverage provided by an insured’s insurance policy. Nevertheless, insurers are often required to provide a full defense to their …
West Virginia Attorney General Darrell McGraw has filed suit against Bartolo Funeral Home Inc., and its owner, James F. Bartolo (“Bartolo”), in the Circuit Court of Harrison County. The lawsuit alleges that the funeral home has been accepting money from …
Utah Gov. Olene Walker has issued an Agricultural Drought Disaster Declaration for the state of Utah. The declaration follows six consecutive years of below average rain fall and a projected $133 million negative impact on Utah’s agricultural economy this year. …
On behalf of Gov. Edward Rendell, Pennsylvania Emergency Management Agency Director David Sanko said this week that Commonwealth agencies continue to support local response to the severe storms that ripped through the southeastern part of the state on Sunday, Aug. …