The Louisiana Department of Labor reported that the preliminary September unemployment rate for Louisiana soared to 11.5 percent after Hurricane Katrina, marking the highest unemployment rate in the state since January of 1987. The revised August unemployment rate was 5.8 …
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during September. The actions include seven license revocations, two license denials and fines and restitution totaling $1,376,556. Copies of GeeslinÃ?¢??s orders may be obtained …
The St. Paul Travelers Companies, Inc. today reported net income for the current quarter of $162 million, or $0.24 per basic share and $0.23 per diluted share, compared to net income of $340 million, or $0.51 per basic and $0.50 …
Caliber Collision Centers, an Irvine, Calif.-based operator of collision repair facilities in California and Texas, announced the grand opening of a 14,000 square foot, collision repair center located in Plano, Texas. According to Dan Pettigrew, president and CEO of Caliber, …
The McIntyre Group in Cherry Hill, N.J. has formed a strategic partnership with Seattle-based, Robert Callard & Associates, LLC in order to enhance its international risk management skills in response to growth in the overseas exposure of its domestic clients. …
CNA Financial Corporation today announced third quarter of 2005 results: — Net income for the third quarter of 2005 of $3 million as compared with a net loss of $27 million in the third quarter of 2004 — Net operating …
XL Capital Ltd. will officially announce its third quarter results on Monday, Oct. 31, but it has already indicated in a preliminary announcement that it expects to report an impressive $1.47 billion in net losses for the period, and an …
Bermuda-based Endurance Specialty Holdings Ltd. reported a net loss of $377 million or $6.26 per diluted share for the third quarter of 2005 versus net income of $26.8 million or $0.40 per diluted share in the third quarter of 2004. …
It has been nearly two months since Hurricane Katrina ravaged Louisiana, Mississippi, Alabama and Florida. While the pictures on television showed the great destruction, Insurance Journal wanted to get to the heart of the matter. Are independent agents and claims …
In the wake of Hurricane Katrina, an online study of approximately 1,000 U.S. adults conducted by the research group Ipsos Public Affairs shows that while nearly all respondents approve of the job being done by charities and non-profits, only 18 …