Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $198.8 million and $2.70 per diluted common share for the fourth quarter of 2006 versus a net loss of ($49.8) million and ($0.80) per diluted common share in the fourth quarter …
Standard & Poor’s Ratings Services has placed a CreditWatch with negative implications on its “BB” rating on the $150 million principal at-risk variable-rate notes issued by Eurus Ltd. “The CreditWatch placement follows Windstorm Kyrill hitting Europe on Jan. 17 and …
A Los Angeles jury has awarded $10.3 million to the family of a 6-year-old girl who was struck by a van and killed two years ago in an elementary school parking lot, determining the school district was largely responsible for …
Insurance Skills Center is offering a new Certified Construction Insurance Specialist (CCIS) designation designed to provide a professional development program for the construction industry specialist. The three-part course should provide the tools to work effectively and proactively with the construction …
Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to write surplus lines business in the state of Louisiana as of January 24, 2007. …
Washington Gov. Chris Gregoire has declared a state of emergency and has requested federal disaster aid for January windstorm damage in seven counties, her office said. The declaration covers Chelan, Douglas, Grant, Island, Jefferson, King and Snohomish counties, a news …
A judge ordered the Roman Catholic Church to release insurance records and confidential files related to a notorious priest who had been convicted of molestation before being transferred to California. Superior Court Judge Peter D. Lichtman ordered the Archdiocese of …
Three senior citizens who preyed on the elderly by selling them financial products that were unregistered and unqualified for sale in California have been sentenced, according to the California Department of Insurance. All three pleaded “no contest” following an investigation …
Seat belts are the most important factor in saving lives during a car accident, according to a study of fatal accidents in 2005 by the Farmers’ actuarial, pricing, and economic team. “The Farmers study used a binary logit econometric model …
Dallas-based America First Insurance, a member of Liberty Mutual Group, announced it has teamed with LoJack Corporation, which is making its LoJack for Construction Equipment police-operated vehicle recovery systems available to construction customers to combat what the National Insurance Crime …