Former Oklahoma state legislator Wayne Pettigrew and former University of Oklahoma football stars Steve and Tinker Owners are among the backers of a proposal to start a new life insurance company with funds raised through an initial public offering, The …
West Virginia Gov. Joe Manchin has formed several formal working groups to discuss insurance reforms and frivolous lawsuits. The groups are comprised mainly of lobbyists and lawmakers. During his State-of-the-State address Manchin said these topics will be at the top …
Six people whose homes were destroyed by a spectacular fire nearly five years ago have been awarded more than $1 million by a Bergen County, New Jersey jury, which found that a developer’s negligence contributed to the massive blaze. Nine …
Everyone probably has an opinion on what constitutes competence or incompetence when it comes to driving an automobile, but when Robin Cummins, the man in charge of overseeing the U.K. Driving Standards Agency, expresses it, it carries extra weigh, and …
A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of the Swiss affiliates of Germany’s Allianz – Allianz Suisse Versicherungs (ASV) and Allianz Suisse Lebensversicherungs (ASL) – with a stable outlook. “The ratings reflect …
If you’ve seen a big yellow advertisement on both insurancejournal.com and claimsguides.com lately and wondered just what the Yellow Pages are, wonder no more. Insurance Journal unveiled the Yellow Pages in the last year as an insurance industry directory allowing …
A total of $5,669,074 in grants has been approved for disaster assistance for nearly half the applicants in Indiana since the Presidential declaration on Jan. 21, according to figures released by the Federal Emergency Management Agency (FEMA) and the Indiana …
Philadelphia Consolidated Holding Corp. on Friday reported net income for the quarter ended Dec. 31, 2004 increased 58.0% to $32.4 million ($1.38 diluted and $1.45 basic earnings per share) from $20.5 million ($0.89 diluted and $0.93 basic earnings per share) …
Odyssey Re Holdings Corp. this week reported its fourth quarter and full year 2004 results. Net income amounted to $50.9 million, or $0.74 per common share for the quarter ended Dec. 31, 2004, compared to $47.6 million or $0.69 per …
Allen Loucks, United States Attorney for the District of Maryland, announced that a federal grand jury indicted the following five defendants, all of Baltimore, on charges of witness tampering, conspiracy to commit witness tampering, use of firearms in a crime …