Aon Corp. reported third quarter 2002 earnings increased to $0.46 per share from $0.26 per share in third quarter 2001. Operating segment reported revenues for third quarter were up 17 percent year-over-year reflecting reported strong demand for Aon’s services and …
William Pollard, executive vice president and general manager of the North Carolina Farm Bureau Mutual Insurance Company was elected chairman of the Board of Governors of the National Association of Independent Insurers (NAII) at the association’s Annual Meeting this week …
Bermuda-based Trenwick Group Ltd. announced today that it will cease underwriting U.S. specialty program insurance business effective immediately. The news follows the announcement of an agreement to create an underwriting facility with Chubb Re, and a review of the company’s …
Strategic Insurance Software, Inc. (S.I.S.), based in Gahanna, Ohio, announced the official launch of their new release of SEMCI PARTNER(R), a system that will put agents “one mouse click away from policy holder rating, changes, claims and billing lookups as …
Ohio Casualty Corporation announced a net loss of $69.9 million, or $1.14 per share, for the third quarter ended September 30, 2002, compared to net income of $44.2 million, or $.73 per share, in the same period last year. After-tax …
Georgia Farm Bureau Mutual Insurance Company (GFB), based in Atlanta, will deploy Hughes Network Sytems’ (HNS) DIRECWAY(R) satellite solution for network services. Signal Mountain will be the service provider. With an array of associated applications and capabilities, DIRECWAY will enable …
San Antonio-based wholesale insurance broker, Vista Insurance Partners, announced the opening of an office in Dallas, Texas. Through the Dallas office, Vista will be able to extend its brokerage expertise, underwriting capabilities and specialized insurance programs to large independent insurance …
Ohio Department of Insurance Director Lee Covington announced that the Department’s website has been upgraded to meet international standards for accessibility by the disabled. “Every Ohioan needs to be able to benefit from the information available on the Department’s website,” …
Two weeks before its first birthday Bermuda-based Allied World Assurance Holdings, LTD reported net income of $40.9 million for the third quarter and $84.9 million for the nine months ended September 30, 2002. The company commenced business on November 13, …
Bermuda’s XL Capital Ltd’s third quarter results seem to have trumped rival ACE Limited with a reported net income available to ordinary shareholders for the quarter ended September 30 of $184 million, or $1.34 per share, compared with a net …
