Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent, spurred by earnings from property and casualty. Net income increased to 2.02 billion euros ($2.2 billion) from 1.76 billion euros [$1.9 billion] a year earlier, the Munich-based company said …
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A mode of transportation that took hold in retirement communities is becoming increasingly acceptable in some small southern Illinois cities. The (Carbondale) Southern Illinoisan reports that the Benton City Council will consider a proposal to allow golf carts on city …
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A jury has awarded than $1.3 million in damages to a couple whose southern Ohio farmhouse was made inhabitable when a fuel deliverer mistakenly pumped 600 gallons of diesel into their basement. The Ross County jury awarded the money to …
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The Travelers Companies Inc. today announced that Alan D. Schnitzer will succeed Jay S. Fishman as chief executive officer, effective December 1, 2015. In a letter to employees, Fishman disclosed that his neuromuscular disease, which he disclosed last November, has …
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RSA Insurance Group Plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. Operating profit rose 84 percent to 259 million pounds [$395.2 million], London-based RSA …
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Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …
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The Oklahoma Corporation Commission is imposing new guidelines on oil and natural gas disposal well operations in response to a rise in earthquake activity in northern Oklahoma and southern Logan counties. The commission that regulates the oil and gas industry …
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Martin Senn, Zurich Insurance Group AG’s chief executive officer, is considering a bid for RSA Insurance Group plc, one of the U.K.’s biggest insurers, after a cost-cutting program failed to revive returns for shareholders. Investors including GAM Holding AG are cautious about …
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Gulfstream Property and Casualty Insurance Co., a regional property carrier providing homeowners, condominium, renters, dwelling fire and flood coverage with operations in five states, has announced the appointment of David N. Block as chief financial officer and treasurer. Block is …
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After launching a new ridesharing product in Georgia, Virginia, Maryland and Texas earlier this year, GEICO is now expanding its ridesharing offering to drivers in Pennsylvania. New and existing drivers that have been approved to drive for Uber (UberX and …
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