Argonaut Group, Inc. has completed the previously announced acquisition of Front Royal, Inc., an insurance holding company headquartered in Morrisville, N.C. for $165 million in cash. The acquisition of the Front Royal insurance companies will add to Argonaut Group’s growing …
INAMAR, the marine insurance products and services arm of the ACE Group of Companies, has announced the initial release of a new system, ORCA, Online Real-Time Communications Access. This Internet-based system will be available to appointed recreational marine specialist insurance …
Amerisure Insurance Company, one of the nation’s largest regional property and casualty insurance groups, has promoted Ralph V. Jones, Jr. to assistant vice president-Core Service Center, Indianapolis office. He previously held the position of Core Service Center Manager, Indianapolis office. …
Air France conducted a number of tests, including limited supersonic flight, of the refitted Concorde aircraft over the weekend in preparation for an application for the renewal of its airworthiness certificate, which could be made as soon as this week. …
The ongoing struggle between Finnish insurer Sampo PLC and the Norwegian government for control of Storebrand, Norway’s largest insurer, took a new turn on Friday when the country’s Banking, Insurance and Securities Commission (BISC) urged the government to block Sampo’s …
Bermuda’s rapidly developing offshore banking and insurance business is apparently causing problems for the island’s infrastructure which are serious enough to warrant a government study on how to limit future growth. According to a report by Reuters News Agency the …
Allstate New Jersey got one of its good hands slapped by an Administrative judge, who ruled that the company had unfairly forced Jennifer Bencivengo into an assigned risk plan following an accident which wasn’t her fault. According to a report …
Standard & Poor’s has assigned an ‘R’ rating (under regulatory supervision) to PHICO Insurance Co., following the granting of the Pennsylvania Insurance Department’s petition to place the insurer under its supervision. The PDI obtained the Order of Rehabilitation following a …
A Southern California woman was arrested in her home in Palmdale, Calif. and booked at the Lancaster Sheriff’s Station following an investigation by the California Department of Insurance (CDI) Fraud Division. Ruth Ekong, 61, had her bail set at $437,790, …
According to the Los Angeles Times, Mercury General Corporation has made filings with the California Department of Insurance requesting an additional 4.9 percent to 6.9 percent increase in auto rates, depending on the type of coverage. The request, which was …
