Lancashire Holdings Ltd. reported a 10 percent fall in first-half profit amid “pricing pressure” in the Lloyd’s of London insurance market. The company said pretax profit decreased to $88.6 million in the six months through June, while gross written premiums fell …
The article Lancashire 1st Half Profit Drops 10% Amid ‘Pricing Pressures’ at Lloyd’s appeared first on Insurance Journal.
Two energy companies are shutting injection wells after three strong earthquakes struck near an Oklahoma town, in response to concerns about the practice of injecting wastewater from oil and gas operations deep underground, state regulators said on July 28. Three …
The article 2 Oklahoma Injection Wells Being Shut Down Following Quakes appeared first on Insurance Journal.
The Oklahoma Highway Patrol says a church van headed to Branson, Mo., crashed on the Will Rogers Turnpike in northeastern Oklahoma, injuring 10 children who were onboard. Trooper Dwight Durant says the van crashed just before 1 p.m. on July …
The article 10 Children Injured in Crash of Church Van on Oklahoma Highway appeared first on Insurance Journal.
Crawford & Company® UK has announced its first initiative since the acquisition of GAB Robins. Its “Customer First” initiative combines the “two organizations’ customer service delivery models under single leadership.” Crawford said the ‘Customer First’ initiative “will be led by …
The article Crawford & Co. UK Launches ‘Customer First’ Initiative appeared first on Insurance Journal.
Lancashire Holdings Ltd. Chief Executive Officer Alex Maloney dismissed suggestions the insurer would be better off combining with a larger competitor. “I don’t really buy the bigger is better thing,” Maloney said on a conference call with analysts Wednesday. “I see …
The article Lancashire’s CEO Maloney Dismisses Value of Merger with Larger Rival appeared first on Insurance Journal.
One minute he was working in the 8-foot trench below ground. The next, he was being buried in it. His co-workers came to his rescue, digging him out with their bare hands. Moments after they pulled the injured man to …
The article Texas Company Fined $424K for Trench Collapse appeared first on Insurance Journal.
More than a dozen businesses near central Ohio’s Buckeye Lake say they’ve lost significant revenue with the water kept low as plans are made to replace a deteriorated dam. The businesses detailed their losses on forms intended to help the …
The article Businesses Report Losses from Lowering of Ohio’s Buckeye Lake appeared first on Insurance Journal.
SCOR SE, France’s largest reinsurer, said second-quarter profit rose 26 percent as the stronger dollar pushed up premium growth. Net income climbed to 152 million euros ($168 million) from 121 million euros a year earlier, the Paris-based company said on …
The article SCOR 2nd Quarter Net Income Rises 26% to $168 Million appeared first on Insurance Journal.
Bermuda-based Ironshore International has named Rowan Bamford as its new Global Head of Mergers & Acquisitions and Tax, effective immediately. He will oversee the M&A business lines the company’s portfolio, as well as the Tax division, throughout Ironshore’s global platform …
The article Ironshore Int’l. Appoints Bamford to Head Global M&A, Tax; Ups M&A Capacity appeared first on Insurance Journal.
Talent recruiting organization Korn Ferry has hired Laurie O’Shea as co-head of its Global Insurance Practice. She will be based in the Chicago office. O’Shea has 25 years of experience in recruiting talent for the global insurance market. Prior to …
The article O’Shea Joins Korn Ferry as Leader in Global Insurance Practice appeared first on Insurance Journal.