Utah’s Workers Compensation Fund has declared a $20 million dividend that will be distributed to a majority of policyholders this August. Policyholders can expect to receive 9.25 percent of their earned premium attributable to the 2004 calendar year. “The dividend …
Increased online services to insurance carriers, agencies and producers that do business with the Mississippi Insurance Department have been announced by Insurance Commissioner George Dale. The improvement in services is due to the department’s conversion to the completely Web-based Sircon …
Houston-based international insurance holding company and specialty insurer, HCC Insurance Holdings Inc., announced it has completed its acquisition of the UK-based DeMontfort Group of companies. DeMontfort is an insurance company located near Leicester, England, that provides surety and credit insurance …
Research and Markets (http://www.researchandmarkets.com/reports/c21046) has announced the addition of Insurance Industry Market Review 2005 to their offering. This market review examines the UK insurance market and the industry that provides it with insurance products. The industry is experiencing a challenging …
Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time – until the end of the year – to consider …
The malpractice insurance market for doctors, hospitals and other medical professionals in New Hampshire is lacking competition such that a law allowing the insurance commissioner to approve any future rate hikes should be triggered, an actuary for the state said …
Hiscox plc has announced a number of appointments to expand its presence and distribution in the U.S. market. Ed Donnelly joins Hiscox with immediate effect in the newly-created position of president of Hiscox USA. He will report to the director …
Illinois-based RLI Corp. second quarter net earnings of $34.4 million ($1.31 per diluted share) were 87% higher than the $18.4 million ($0.71 per diluted share) the company reported in the same quarter last year. Through June 30, net earnings grew …
Two Orlando-area brothers, Clarence Keith LaMonda and Jess Lamonda, have been indicted on charges they allegedly conspired to commit mail and wire fraud and tax-related crimes in which they took more than $13 million from investors and insurance companies while …
Federal securities and justice department officials and lawyers from the office of New York Attorney General Eliot Spitzer, who are pursuing parallel investigations of the insurance industry, have made separate deals with witnesses that harm the other’s cases and have …
