April 24, 2007
New Hampshire Gov. John Lynch said flooding and high tides caused more than $36 million in damage last week, and he has asked the federal government to declare the entire state a disaster area so it will qualify for federal …
April 24, 2007
The federal Mine Safety and Health Administration has decided to investigate a fatal 2005 West Virginia coal truck accident after all. MSHA and the state Office of Miners’ Health, Safety and Training did not investigate the Nov. 8, 2005 death …
April 24, 2007
Baltimore area residents, worried about speeding and other dangerous driving in their neighborhoods, have started to demand so-called “traffic calming” programs such as speed bumps and traffic circles. Steve McKew, president of the Catonsville Recreation and Parks Council, is one …
April 24, 2007
For large Florida-based insurance broker Brown & Brown, Inc., net income and net income per share for the first quarter of 2007 were the highest levels ever attained by the company in a first quarter. Net income per share for …
April 24, 2007
W. R. Berkley Corp. reported net income for the first quarter of 2007 of $188 million, or 93 cents per share, a 17% increase from $162 million, or 80 cents per share, for the first quarter of 2006. Net operating …
April 24, 2007
The Chubb Corp. reported that net income in the first quarter of 2007 was $710 million or $1.71 per share, compared to $672 million or $1.58 per share in the first quarter of 2006. Operating income, which the company defines …
April 24, 2007
Attorney General Alberto R. Gonzales and Federal Trade Commission Chairman Deborah Platt Majoras announced completion of the President’s Identity Theft Task Force strategic plan to combat identity theft. The plan focuses on ways to improve the effectiveness of criminal prosecutions …
April 24, 2007
Assurex Global, the independent insurance brokerage network, announced that it has added an Indonesian brokerage to its Partner list – PT. Mitra, Iswara & Rorimpandey (MIR) Insurance Brokers. The firm was selected “based on its outstanding commitment to client service,” …
April 24, 2007
Not so long ago it was beginning to look like “A” ratings were an endangered species. However, after a lot of belt tightening (and a benign year for nat cats in 2006), the rating agencies have been raising, rather than …
April 24, 2007
The Abu Dhabi and Omani insurance markets “offer significant development potential,” according to two reports -“Abu Dhabi’s Insurance Market: A Healthy Industry Facing Challenges?” and “Insurance In The Sultanate of Oman Benefits From Good Regulation And Steady Growth -” published …