Cayman Islands-based Greenlight Re reported a net loss of $39.6 million for the second quarter of 2015, compared to net income of $109.6 million for the same period in 2014. The net loss per share for the second quarter of …
The article Greenlight Re Reports Q2 Net Loss of $39.6M on Investments, Legacy Business appeared first on Insurance Journal.
The Main Street America Group announced it has received regulatory approval from the Louisiana Department of Insurance to write commercial surety and fidelity bonds in the state. The business will be underwritten through the super-regional carrier’s NGM Insurance Co. This …
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Regions Insurance, Inc., a subsidiary of Regions Insurance Group, Inc. and an affiliate of Regions Bank, has acquired The A.I. Group, Inc., with offices in Greater Atlanta and Athens, Georgia. The A.I. Group provides employee benefits consulting and insurance brokerage …
The article Regions Insurance Acquires Georgia-Based The A.I. Group appeared first on Insurance Journal.
With the aim of helping member agents boost their revenues, Texas Professional Insurance Agents (PIA) is partnering with EFG Cos. to offer ancillary consumer protection products. Texas PIA selected the Simplicity Division of EFG Cos. to provide members with three …
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Officials in the City of Lexington, N.C., have declared a state of emergency after a break occurred in a 16-inch water main. The Dispatch of Lexington reports restaurants and other businesses closed on Monday. City offices closed at noon. Citizens …
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Everyone in Louisiana who buys property insurance will lose 28 percent of a tax credit they can get for covering the debt of the state’s property insurer of last resort. In addition, the reduction is retroactive, meaning those who failed …
The article Louisiana Citizens Insurance Rebate Being Lowered appeared first on Insurance Journal.
A summer deluge has flooded streets in the Tampa Bay area, forcing some road closings and evacuations, delaying airline flights and overtaxing parts of local wastewater treatment systems. Major intersections were closed Monday near downtown Tampa, snarling traffic throughout the …
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Hundreds of local governments and other public entities are seeking a share of Ohio’s $11.5 million settlement with two rock salt producers that were accused of conspiring to drive up prices. The state alleged that Morton Salt Inc. and Cargill …
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The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, hired Marcia Hartt as agency services administrator to enhance MEMIC’s relationship with insurance agencies. She is based in MEMIC’s Portland headquarters office. Hartt began her career in insurance in …
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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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