ReAdvisory, the analytical arm of specialty reinsurance intermediary Carvill, has released a white paper titled: “2006 Atlantic Hurricane Season in Review,” which examines recent weather patterns in the Atlantic. Carvill said that although the “report highlights the low level of …
Marsh announced from its London office the appointment of Man Cheung as Leader of its Modelling, Analysis and Design team in the UK. He will report to Eddie McLaughlin, the team’s Global Practice Leader, and will oversee the delivery of …
Bermuda’s Everest Re Group, Ltd. recovered strongly from 2005 losses, posting fourth quarter 2006 after-tax operating income (which excludes realized capital gains and losses) of $201.2 million, or $3.07 per diluted share, compared to an after-tax operating loss of $185.8 …
Bermuda-based ACE Limited reported strong fourth quarter and full year net earnings of $665 million – $1.99 per common share – and $2.305 billion respectively. Full year net operating income was $2.351 million; earnings per share reached $7.05. Earnings for …
The South Dakota House passed a bill this week that would close the driving records of firefighters, police, ambulance employees and other emergency personnel when they have accidents on duty. That would insulate those public servants from higher insurance rates. …
A couple who contended that a hormone-replacement drug caused the woman’s breast cancer was awarded $1.5 million (euro1.16 million) this week in a jury verdict in Philadelphia against drug maker Wyeth. The jury also found that Wyeth acted with malice …
Florida Gov. Charlie Crist proposed an emergency rule Monday to guarantee insurers do not raise property insurance rates or cancel policies before a law he signed last week to lower rates goes into effect on June 1. Crist will ask …
The Professional Insurance Agents of New York State Inc. announced that Amanda Bresin received its Bernard I. Kozel Memorial Scholarship award. Bresin is a marketing and customer service representative for Garber Atlas Fries in Oceanside, N.Y. PIANY presents the award, …
A state committee looking for ways to save lives on Alabama highways wants to get young drivers off cell phones and put new restrictions on how many passengers they can carry. The State Highway Safety Coordinating Committee is working on …
Workers’ compensation reform legislation has helped to reduce physical therapy and chiropracting manipulation in California, according to the California Workers’ Compensation Institute. CWCI recently completed a study analyzing changes in medical utilization and payments for outpatient services in California workers’ …