Bermuda-based Max Re Capital Ltd. has issued a preliminary statement indicating that, despite the natural catastrophes of the third quarter of 2005, it still foresees overall net income for the first nine months of the year between $10 and $20 …
Swiss Re announced that it has joined seven other companies, including Zurich Financial Services, as a founding member of the International Committee of the Red Cross (ICRC) Corporate Support Group, which will support the aid organization’s global humanitarian endeavors. “Swiss …
Authorities report that the death toll from the powerful earthquake that struck Northwestern Pakistan, India and parts of Afghanistan on Saturday, Oct. 8, has risen to more than 20,000, with many people unaccounted for as of early Monday. While Pakistan …
More than 3,000 people were reported killed Saturday as a major 7.6-magnitude earthquake hit the Pakistan-India border. The quake hit both those countries, along with Afghanistan. According to officials, some 1,000 people died in the Pakistani Kashmir region alone. The …
U.S. officials have retained three suspects in the terrorist threat to New York’s subway system, The New York Times reported. American intelligence and law enforcement officials are continuing to assess what New York officials interpreted as a serious threat and …
A tour boat that capsized, killing 20 elderly tourists, is being sent back out on Lake George for testing as federal investigators continue their probe into the cause. Mark Rosenker, acting chairman of the National Transportation Safety Board, returned to …
An estimated 740 people, a record, died in all-terrain vehicle accidents last year, the government said as it took a step toward oversight of the vehicles. The estimated toll, which includes 470 documented cases, compares with an estimated 617 deaths …
Alliance Bankshares Corp. announced the execution of a definitive agreement for its subsidiary, Alliance Bank Corporation, to acquire the Danaher Insurance Agency of Annandale, Virginia in an all cash transaction. Danaher Insurance has been in operation for 42 years and …
New Jersey Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Passaic County man with conspiracy and theft for his role in automobile “give up” …
W. R. Berkley Corp. reported its estimate of aggregate losses attributable to hurricanes in the third quarter of 2005 to be approximately $50 million pre-tax and $32 million (or 24 cents per share) after-tax. The company’s pre-tax estimates include losses …
