Financial executives for mid-sized companies expect greater productivity savings by reducing workers’ compensation claim costs than by reducing claim costs for other lines, according to a new survey commissioned by Wausau Insurance. Two-thirds of survey respondents said they save at …
The Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced this week the award of 10 federal Public Assistance grants, totaling $23,510,855, to county and local governments and qualified non-profit agencies. These funds are earmarked to assist recipients in …
New Jersey Division of Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Burlington County couple with theft for making a false insurance claim resulting …
The daughter of Louisiana Department of Insurance employee Kathlee Hennigan has been found in Dallas, Texas. The child, Briana, who is 13 years old, was thought to have been lured away from her home in Zachary, La., between midnight and …
The Bermuda-based PXRE Group posted solid results in the fourth quarter with net income up 18 percent to $32.8 million, or $1.09 per diluted share, compared to $27.8 million, or $1.14 per diluted share, in the fourth quarter of 2003. …
Switzerland’s Zurich Financial Services Group announced that Centre Group, a subsidiary of Zurich, and Equitas have reached an agreement to commute policies purchased from Centre by Lloyd’s syndicates reinsured by Equitas. Equitas is the Lloyd’s vehicle set up in 1996 …
The Insurance Leadership Institute, a study group sponsored by GE Insurance Solutions, announced that the conference, to be held February 23, will analyze the effects of hurricanes and global warming on the Insurance Industry. “Symposium participants will examine the devastating …
The Credit Suisse Group announced that it has increased its reserve provisions recorded by its insurance subsidiary Winterthur in connection with the sale of Winterthur International to XL Insurance (Bermuda) Limited in 2001 in the amount of CHF 310 ($260 …
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced this week that federal disaster funds have been made available for West Virginia to help communities recover from the effects of severe storms that struck …
CDS Business Mapping LLC, a provider in online hazard mapping, is now offering manual flood determinations and flood certifications. As a result of these new services, users will be able to get flood determinations for virtually any address in the …