Mood on Main Street: How Recession Changed Insurance Buying Habits February 15, 2011 By Andrew G. Simpson The recession has taken its toll on contractors, restaurants, retailers, small manufacturers and other Main Street business around the country...
Danish Warship Frees Ship Hijacked by Pirates February 14, 2011 NATO says that a Danish warship has freed a hijacked fishing vessel and arrested 16 suspected Somali pirates. Sunday’s press...
Lloyd’s CEO in China Talks on Expansion February 14, 2011 A bulletin on the Lloyd’s web site notes that CEO Richard Ward “met with representatives from the China Insurance Regulatory...
S&P Reports Outlook for Int’l. Marine P&I Clubs is Stable February 14, 2011 “The outlook for the international marine protection & indemnity (P&I) industry is looking stable, with all clubs in 2010 reporting...
Validus Group Posts $102.7 Million Q4 Net Income; $402.6 Million FY February 14, 2011 As has been the case with many of its peers, Bermuda-based Validus Holdings didn’t escape the loss events of 2010...
Endurance Reports $111.2 Million Q4 Net Income; $364.7 Full Year February 14, 2011 Bermuda-based Endurance Specialty Holdings reported net income of $111.2 million and $2.09 per diluted common share for the fourth quarter...
Alterra Capital Reports $79.7 Q4 Net Income; FY $302.3 Million February 14, 2011 Bermuda-based Alterra Capital Holdings reported net income of $79.7 million, or $0.69 per diluted share, for the fourth quarter of...
Montpelier Re Posts $42.2 Million Q4 Net Income; FY $212 Million February 14, 2011 Bermuda-based Montpelier Re joined a number of its compatriots in posting sharp declines in both fourth quarter 2010 net income...
The Hartford Launches Workers Comp Guide For Business Owners February 14, 2011 The Hartford Financial Services Group, Inc. has introduced an e-learning guide designed to clarify and simplify workers’ compensation insurance. The...
Arizona Increases Auto Property Damage Threshold February 14, 2011 The Arizona Department of Insurance has adjusted the threshold amount of property damages insurers may use to non-renew private passenger...