Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
The Fiess decision: Mold is out and more
Sep 25 2006 // In early 2005, the Federal Fifth Circuit Court of Appeals “certified” a very controversial state law question to the Texas Supreme Court. Certifying a question simply means that the Federal Appellate Court asks...
When insuring international trade, expect the world
Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...
Understanding D&O risks, exposures and insurance options
Sep 25 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
The Fiess decision: Mold is out and more
Sep 25 2006 // In early 2005, the Federal Fifth Circuit Court of Appeals “certified” a very controversial state law question to the Texas Supreme Court. Certifying a question simply means that the Federal Appellate Court asks...
P/C insurers’ performance exceeding Fitch estimates for 2006
Sep 25 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on results and barring any unusual events going forward, the industry is...
When insuring international trade, expect the world
Sep 25 2006 // Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants...
Safeco to Host Webcast to Discuss Q3 Results
Sep 22 2006 // Seattle-based Safeco will be broadcasting its regularly scheduled conference call over the Internet to discuss third-quarter financial results. The broadcast will be held on Tuesday, Oct. 31 at 11a.m. EST. A live Webcast...
Alea Posts $10.7 Million 1H Loss; Continues Run-Off Operations
Sep 21 2006 // Bermuda-based Alea Group Holdings announced a net loss of $10.7 million for the first half of 2006, compared to a $19.5 million net profit in the same period last year. Other first half figures and comments included the...
PartnerRe to Publish ‘Loss Development Triangles’- Conference Call Details
Sep 20 2006 // Bermuda’s PartnerRe Ltd. will publish the Company’s Loss Development Triangles shortly after 4 p.m. EDT today, September 20, 2006. “A copy of these documents will be available on the Company’s...
Fla. Orders 5 Workers’ Comp Insurers to Refund ‘Excess Profits’
Sep 19 2006 // Florida Insurance Commissioner Kevin McCarty has ordered five workers’ compensation insurance carriers to return what his department has determined are excessive profits totaling $649,363.00. Workers’...
Arrowhead Offers Not for Profit Organization D&O Liability
Sep 12 2006 // Arrowhead General Insurance Agency Inc. is offering a new not-for-profit directors and officers program designed to insure small to medium IRS tax-exempt 501(c)3 and 501(c)4 organizations. The program is through RLI...
Hiscox 1H Premiums Up; Profits Down; Plans Bermuda Move
Sep 12 2006 // U.K.-based specialty and Lloyd’s insurer Hiscox plc posted a mixed first half performance. According to its recently published statement gross premiums written rose 43 percent to £625.1 million ($1.167 billion)...
GMI Continues to Profit & Grow With FormsPlus
Sep 6 2006 // Three years after making the decision to automate their business auto, the future of their company never looked brighter. Over the past two years through aggressive underwriting and state of-the-art automation provided by...
Revenue is King for P/C Insurers, But Bigger Isn’t Better, Study Reports
Sep 6 2006 // A comprehensive study of property and casualty insurance companies in North America, Western Europe and Australia has determined that the top line is more often the bottom line than previously thought. Bain finds that the...
Fitch: P/C Insurers’ Performance Exceeding Estimates for ’06
Sep 6 2006 // The U.S. property/casualty insurance industry showed continued favorable and improved operating performance in the first half of 2006 and, based on first-half results and barring any unusual events going forward, the...
Mass. Board Sets Lower Income Residents’ Health Insurance Fee
Sep 5 2006 // Lower income single adults will pay between $18 and $106 a month for health care under a plan approved by the board drafting regulations for the state’s new health care law. The Commonwealth Health Insurance...
Kentucky Workers Comp Loss Costs Down 9.3%
Sep 5 2006 // The latest industry loss cost filing approved for Kentucky workers compensation shows an average reduction of 9.3 percent for the 564 industrial classes. These classes include manufacturing, office and clerical,...
Navigating Washington’s business and occupation tax tangle
Sep 4 2006 // Washington State’s current business and occupation (B&O) tax laws operate under a unique structure that can confuse even the most astute insurance agent or company. Harbored within this structure is the question...
Putting the brakes on paratransit operator losses
Sep 4 2006 // Today, paratransit operators are having difficulty with their financial bottom line. Increases in fuels costs and insurance premiums are high on the list of causes. Reductions in rates paid by transportation management...
Navigating Washington’s business and occupation tax tangle
Sep 4 2006 // Washington State’s current business and occupation (B&O) tax laws operate under a unique structure that can confuse even the most astute insurance agent or company. Harbored within this structure is the question...
