Monthly Archives: <span>February 2006</span>

Transatlantic 2005 Net Income Drops 85% to $37.9 Million; Q4 Off 86.3%

Transatlantic Holdings, Inc.(TRH) reported that its net income for the year ended December 31, 2005 amounted to $37.9 million, or $0.57 per common share (diluted), compared to $254.6 million, or $3.85 per common share (diluted), in 2004. Net income for …

ING Group 2005 Net Profits up 25.3% to $8.56 Billion

ING Group, the Netherlands-based international banking, financial services and insurance company, posted strong results for 2005 with net profits up 25.3 percent to €7.21 billion ($8.56 billion). Other earnings highlights reported by the company included the following: — Earnings per …

National Storm Management Grows Miss. Operation Into Metairie, La.

National Storm Management Inc. reported its Hattiesburg, Mississippi operation is opening a satellite office in Metairie, Louisiana. This location will operate under the Pinnacle Roofing Inc banner as the company continues to solidify its production capabilities. The company said this …

FEMA Awards Nearly $3M Grant to N.C. County Following Floods

The Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has approved a grant of $2,949,630 to North Carolina ‘s Hyde County whose residents suffered severe flood damage when Hurricane Isabel’s torrential rains drenched the area in September 2003. Thirty-seven …

FEMA Reports More Than $1M in Disaster Aid to Upstate South Carolina

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported that more than $1,082,000 in federal ice storm disaster aid has been approved for government entities including special purpose districts and certain private non-profit organizations. President George W. …

Pa. AG Charges Former Prison Guard and SEPTA Worker with Fraud

A former SCI Chester Corrections Officer and former SEPTA employee waived his preliminary hearing Monday on charges that he repeatedly forged the signatures of his doctor and a SEPTA Employer Records Clerk, to illegally collect thousands of dollars on bogus …

N.J. Probation Officer Convicted of Stealing from Health Care Program

Attorney General Zulima Farber reported that a suspended Camden County, New Jersey Probation Officer has been convicted in Gloucester County Superior Court on charges of swindling the New Jersey State Health Benefits Plan (SHBP) out of more than $23,000 by …

Neb. Man Found Guilty of Insurance Fraud, Sentenced to Prison

The Nebraska Department of Insurance recently released information about the conviction and sentence of Robert C. Fisher. Fisher, who was doing business as Fisher Auto Glass Inc., was found guilty and sentenced in the District Court of Lancaster County, Nebraska, …

Court Reporters, Roofing Contractors Noted in 2006 Best’s Guide

The first release of the 2006 Best’s Underwriting Guide includes updated and revised articles on underwriting financial planning firms, roofing contractors, seed processors and nine other classifications, plus a new article on particleboard manufacturing, A.M. Best Co. announced. This release …

FEMA Disaster Aid to Alabama Tops $566M; NFIP Dispurses $16M in Initial Flood Claims

Two hundred days after Hurricane Katrina battered the Gulf Coast, federal and state officials announced that disaster aid to Alabama has now topped $566.4 million in assistance, according to the U.S. Department of Homeland Security’s Federal Emergency Agency (FEMA) and …