Yearly Archives: <span>2006</span>

Virginia Schedules First ‘Distracted Driver Awareness Day’ for May 3

The Virginia Department of Transportation, Drive Smart Virginia and GEICO are partnering to take action to help “reduce the use” of cell phones and other driver distractions by creating the first annual “Distracted Driver Awareness Day,” May 3, in Virginia …

Navigators to Release Q1 Results Today; Webcast Details

The New York-based Navigators Group, Inc. will release its 2006 first quarter results after the close of regular stock market hours today Monday, May 1, 2006. The Company will hold a conference call for investors and analysts on Tuesday, May …

White Mountains Ups Book Value; Posts $117 million Q1 Net

Bermuda-based White Mountains Insurance Group, Ltd. announced that has “ended the first quarter with a fully converted tangible book value per share of $352, up 3 percent for the quarter and for the past twelve months, including dividends. “For the …

Odyssey Re Q1 Net $149.7 Million

Connecticut-based Odyssey Re Holdings Corp. (in which Canada’s Fairfax Financial has an 80 percent stake) reported net income available to common shareholders of $149.7 million, or $2.07 per diluted share, for the quarter ended March 31, 2006, compared to $33.7 …

Brazauskas Joins Catlin’s U.S. Sub as Chief Administrative Officer

International property and casualty insurer and reinsurer, Catlin Group Limited announced the appointment of Vincent Brazauskas as senior vice president and chief administrative officer of Catlin Inc., the Group’s US subsidiary. The bulletin, from Catlin’s Bermuda headquarters, said Brazauskas will …

Munich Re Helps UN Launch ‘Principles for Responsible Investment’

Munich Re was one of a number of large investment groups who became original signatories for the United Nations “Principles for Responsible Investment,” launched last week by UN Secretary General Kofi Annan. Groups from 16 countries officially signed the Principles …

GMI Insurance Services Names Scroggins Western Regional Manager

GMI Insurance Services, Valley Forge, Pa., has named Kerrie D. Scroggins western regional manager, to oversee a 13-state Western territory for the company’s rental fleet insurance division. Scroggins has been in the insurance industry since 1982 and was formerly account …

Sage Global Solutions Inc. Signs Letter of Intent to Acquire RJC Insurance Services

Sage Global Solutions Inc., Irvine, Calif., has signed a letter of intent to acquire RJC Insurance Services, a full service commercial lines insurance agency. The mission of Sage Global is to present a full spectrum of online financial and insurance …

Arizona Lawmakers Pass Security Breach Legislation

The Arizona legislature has passed security breach legislation late that would provide notice to consumers when there has been an unauthorized breach of their personal information. This bill was sponsored by Sen. Huppenthal, and drafted by a broad-based business coalition. …

Gallagher Begins Ground Game in GOP Gubernatorial Primary

Tom Gallagher approached Robb Mercado in Valrico, Fla. as he sat outside his house reading the newspaper Saturday and soon was involved in a long discussion about problems with the homeowners insurance market, education and other topics. Just the day …