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Insurance Journal |
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North Carolina Mother, Daughter Charged with Insurance Fraud
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07/29/2010 08:21 AM
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A Winterville, North Carolina mother and daughter have been accused of conspiring with one another to alter medical bills and submit them to Farm Bureau Insurance Co. They received $1,264 as a ...
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Billl to Eliminate Oil Liability Limit Comes Under Fire
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07/29/2010 08:03 AM
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Republicans and some moderate Democrats in the U.S. Senate Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like ...
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Ten Key Indicators Show 'Global Warming is Undeniable'
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07/29/2010 06:50 AM
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Melting glaciers, more humid air and eight other key indicators, show that global warming is undeniable, scientists said Wednesday, citing a new comprehensive review of the last decade of climate ...
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Endurance Reports Q2 Net Income of $58.6 Million; $57.7 Million Operating
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07/29/2010 06:44 AM
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Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $58.6 million and $0.97 per diluted common share for the second quarter of 2010, compared to net income of $149.1 million and ...
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Everest Re Posts $156.7 Million Q2 Net Income; CEO Taranto to Step Down
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07/29/2010 06:39 AM
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The Bermuda-based Everest Re Group reported second quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $184.8 million, or $3.18 per diluted common ...
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Aspen Q2 Net Steady at $109 Million; Operating $105 Million
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07/29/2010 06:32 AM
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Bermuda-based Aspen Insurance Holdings Limited reported net income after tax for the second quarter of 2010 of $108.9 million, or $1.28 per diluted share. Operating earnings, which excludes ...
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SCOR's Q2 Net Income up 32% to $157 Million; $204 Million Half Year
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07/29/2010 06:28 AM
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French reinsurer SCOR had a very satisfactory second quarter with net income of €120 million ($156.75 million), compared to €91 million ($119 million) in the second quarter 2009, a 32 ...
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Torus Targets New Business in Europe with Executive Appointments
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07/29/2010 06:22 AM
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Torus Insurance is "continuing the rollout of its Continental European operation," notes a company bulletin. It announced the appointment of Esther Fittinghoff as Professional Lines Manager and ...
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Oakland Large-Scale Pot Farms Will Require $2M in Liability Insurance
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07/28/2010 10:10 PM
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The Oakland City Council has given final approval to a plan that makes Oakland the first city in the country to authorize large-scale industrial pot cultivation.
The city intends to license four ...
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Camelback Captive Services Appoints Mead Executive VP
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07/28/2010 10:06 PM
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Phoenix-based Camelback Captive Services Inc. has appointed Justin C. Mead executive vice president. He will be responsible for business development of the firm's captive management services.
Mead ...
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Williams Promoted to Assistant VP at Bolton & Co.
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07/28/2010 10:03 PM
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Bolton & Co. announced that Phillip D. Williams has been promoted to assistant vice president in the OneSource Division.
Williams began his insurance career in 1996 as an underwriting ...
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Murphy to Lead ProMutual's Entrance into Virginia Market
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07/28/2010 04:29 AM
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Boston-based medial professional liability insurer ProMutual Group will begin selling coverage in Virginia through its member company, ProSelect Insurance Co.
Tom Murphy has been hired to manage ...
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Fireman's Fund's LaRocco Elected to Juvenile Diabetes Research Foundation Board
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07/27/2010 04:09 PM
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The Juvenile Diabetes Research Foundation (JDRF) has elected Mike LaRocco, president and CEO of Novato, Calif.-based Fireman's Fund, to the Greater Bay Area Chapter's Executive Board. LaRocco will ...
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Piccinonno Re-joins Yates & Associates Insurance Services
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07/27/2010 04:00 PM
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Tustin, Calif.-based Yates & Associates announced that Pat Piccinonno has joined the firm as property/casualty underwriter. He will be responsible for new business production.
Piccinonno began ...
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Marsh: Offshore Energy Insurance Costs to Increase 'Modestly'
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07/28/2010 01:18 PM
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Major losses sustained in the Gulf of Mexico will not have the same market-changing impact on the upstream energy insurance market as other major events such as Hurricane Katrina, according to a ...
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