The U.K.’s Royal & Sun Alliance exceeded analysts’ forecasts with a nine-month earnings report that included an operating result of £453 million ($835 million), compared to a restated operating result of just $27 million ($50 million) in the same period …
Massachusetts Attorney General Thomas F. Reilly said his office wants to know whether water accumulating on the underground roof of the Big Dig tunnels could damage the $14.6 billion roadway project, and who should be blamed for more than 400 …
Germany’s Hannover Re – ranked by Standard & Poor’s as the world’s fifth largest reinsurer – announced third quarter earnings that were heavily impacted by the Florida hurricanes and Japanese typhoons. Operating profit (EBIT) during the period fell 84.7 percent …
In a report adopted this week, the National Transportation Safety Board (NTSB) concluded that certain medical conditions can increase a driver’s accident risk and are incompatible with unrestricted operation of motor vehicles. In order to better evaluate the impact of …
Michigan Gov. Jennifer Granholm has issued an Executive Declaration in observance of Elevator Escalator Safety Awareness Week from Nov. 14-20, 2004 to educate parents, senior citizens and other consumers about safety tips to prevent avoidable incidents and accidents. The Elevator …
As temperatures fall, certain workplace injuries tend to rise. Utah’s Workers Compensation Fund is urging workers statewide to learn preventive tactics to remain safe on the job this fall and winter. Common cold-weather workplace injuries include vehicular accidents, slips and …
Florida-based 21st Century Holding Co. reported results for the quarter ended Sept. 30, 2004. For the quarter ended Sept. 30, 2004, the company reported net loss of $13,754,082, or $2.32 per share on 5,925,952 undiluted shares, versus net income of …
Sometime in 1985, Brian Calen claimed he was blinded in his right eye by an accident on a cruise ship. Based on his insurance records, he was also blinded in shipboard accidents three times after that, New York prosecutors said. …
A.M. Best Co. has placed the financial strength rating of B (Fair) of the property/casualty affiliates of Alabama-based Vesta Insurance Group Inc. (Vesta) under review with negative implications. A.M. Best has also assigned an issuer credit rating of “b” to …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: • Gordon Reid Banks d.b.a. BTE Associates, a …