New Jersey motorists who have been able to escape points for traffic tickets by pleading guilty to the catch-all charge of “unsafe operation of a motor vehicle” are finding it’s now an expensive bargain, thanks to a $250 surcharge imposed …
F.N.B. Corporation (NYSE: FNB) announced in Hermitage, Pa., an agreement to purchase Morrell, Butz & Junker, Inc., an insurance agency based in Pittsburgh that offers property and casualty, life, and health insurance, and group benefits coverage to both commercial and …
Harleysville Group Inc. (Nasdaq: HGIC ) in Harleysville, Pa., reported net income of $0.32 per share in the second quarter of 2004, compared to $0.33 per share in the second quarter of 2003. For the six months ended June 30, …
Ambassador Paul Bremer, who headed up the provisional government in Iraq, and Mikhail Gorbachev, the former Soviet leader whose policies are credited with ending the Cold War, will be the keynote speakers at the 91st annual Insurance Leadership Forum at …
Arthur J. Gallagher & Co. has announced its second quarter financial results were strong despite falling prices in the insurance market. “This was another strong quarter for Gallagher despite softening rates in the insurance marketplace. Our Brokerage and Risk Management …
On July 28, 2004, the Workers’ Compensation Insurance Rating Bureau (WCIRB) submitted its annual regulatory filing to the California insurance commissioner. In its filing, the WCIRB proposed advisory premium rates applicable to new and renewal policies with anniversary rating dates …
Marsh & McLennan Companies Inc. (MMC) reported its second quarter consolidated revenues increased 6 percent to $3.0 billion. Net income rose 7 percent to $389 million, and earnings per share increased 11 percent to $.73 from $0.66 in last year’s …
Bank holding companies (BHCs) reported insurance or reinsurance income of $25.1 billion in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR) published by Michael White Associates LLC in Radnor, Pa. Compiled from data …
The International Association of Black Actuaries (IABA) has announced that its 12th annual conference will be held on Aug. 6- 8 at the New York LaGuardia Airport Marriott, and on Sunday at the Courtyard by Marriott LaGuardia. IABA’s mission is …
Bermuda-based XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended June 30, 2004, of $363.6 million, or $2.62 per ordinary share, compared with $347.7 million, or $2.51 per ordinary share, for the quarter ended June …
