April 25, 2006
OSHA 14,000 http://www.osha.gov/as/opa/foia/hot_12.html Approximately 14,000 employers have been notified that injury and illness rates at their worksites are higher than average and that assistance is available to help them fix safety and health hazards, the Occupational Safety and Health Administration …
April 25, 2006
Insurers are applauding a recent IRS/Treasury Department tax code ruling that settles the definition of “gross receipts” for property casualty insurers. The National Association of Mutual Insurance Companies said the ruling of last week provides “much-needed guidance” on the definition …
April 25, 2006
USG Insurance Services, Inc., a national insurance wholesaler based in Tampa, Fla., announced several personnel changes and office relocations. Amy Whiting has been promoted to brokerage manager and Jennifer Szalkay to underwriting manager in the Pittsburg office. James Welsh has …
April 25, 2006
Praetorian Financial Group, Hannover Re’s U.S. specialty insurance subsidiary, which has assumed most of the business formerly written by Clarendon, announced the appointment of Susan Rivera as President, reporting to CEO Rod Fox. “Susan Rivera is one of the most …
April 25, 2006
Global insurance broker Willis Group Holdings has released its reinsurance review of the marketplace for the April 1, 2006 renewals. The report, published by Willis Re, includes rate movements and commentary from territory and class line experts. “The Tale of …
April 25, 2006
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has issued a report on global security, which indicates that “threats to multinational businesses and organizations are on the rise, mirroring the scope and complexity of today’s …
April 25, 2006
Bermuda’s PartnerRe Ltd. reported net income of $193.2 million, or $3.21 per share on a fully diluted basis, for the first quarter of 2006, a 73.4 percent rise. Net income includes net after-tax realized gains on investments of $50.9 million …
April 25, 2006
The Bermuda-based Everest Re Group, Ltd. reported first quarter 2006 after-tax operating income, which excludes realized capital gains and losses, of $157.9 million, or $2.41 per diluted share, a 4.5 percent decrease compared to $165.2 million, or $2.90 per diluted …
April 25, 2006
Lloyd’s has announced that Ian Faragher has been appointed Chief Operating Officer of its new Chinese onshore reinsurance operation in Shanghai, Lloyd’s Reinsurance Company (China) Ltd., effective May 15. “Ian has over 25 years insurance experience and has worked for …
April 25, 2006
Washington’s Department of Labor and Industries (L&I) has changed the name of the division responsible for workplace safety and health from WISHA to the Division of Occupational Safety and Health – or DOSH, for short. “We think the new name …