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5
08, 2015
Greenlight Re Reports Q2 Net Loss of $39.6M on Investments, Legacy Business
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.
7
08, 2015
NYC Comptroller: Potholes Cost $138M in Settlements Over Last 6 Years
New York City should be quicker to repair potholes, which have cost taxpayers $138 million in settlements over the last six years, City Comptroller Scott Stringer said. Stringer released an analysis last week that showed that the Belt Parkway had …
The article NYC Comptroller: Potholes Cost $138M in Settlements Over Last 6 Years appeared first on Insurance Journal.
4
08, 2015
Main Street America to Offer Surety, Fidelity Bonds in Louisiana
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 …
The article Main Street America to Offer Surety, Fidelity Bonds in Louisiana appeared first on Insurance Journal.
5
08, 2015
FEMA Disaster Aid to Arkansas Tops $2M
Federal officials say the government has provided more than $2 million in aid to help Arkansas recover from storms that hit in May and June. Tornadoes, high winds and flooding ravaged the state between May 7 and June 15. The …
The article FEMA Disaster Aid to Arkansas Tops $2M appeared first on Insurance Journal.
5
08, 2015
Regions Insurance Acquires Georgia-Based The A.I. Group
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.
7
08, 2015
Court Decision May Impact Workers’ Comp Side Agreements in California
A recent court decision may have the potential to change the practice of side agreements in workers’ compensation policies California, a practice that some say often goes on under the regulatory radar. Zurich American Insurance Co. and American Zurich Insurance …
The article Court Decision May Impact Workers’ Comp Side Agreements in California appeared first on Insurance Journal.
4
08, 2015
Texas Professional Insurance Agents Partners with EFG Cos.
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 …
The article Texas Professional Insurance Agents Partners with EFG Cos. appeared first on Insurance Journal.
5
08, 2015
Lightning Blamed for Ohio Gas Station Fuel Tank Explosion
Investigators say lightning has sparked a fuel tank explosion that left a crater 40 feet wide at an Ohio gas station. The blast and fire in the evening on Aug. 3 prompted a temporary evacuation near the Gas Depot in …
The article Lightning Blamed for Ohio Gas Station Fuel Tank Explosion appeared first on Insurance Journal.
5
08, 2015
8,000 Customers Affected by Water Main Break in North Carolina City
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 …
The article 8,000 Customers Affected by Water Main Break in North Carolina City appeared first on Insurance Journal.
7
08, 2015
Hub International Announces 2 Appointments in Northeast
Hub International Limited announced that its subsidiary Hub New England hired Christopher Taylor as senior vice president and marketing executive for Specialty Lines. Taylor brings directors and officers liability (D&O) expertise to the territory where he will focus on specialty …
The article Hub International Announces 2 Appointments in Northeast appeared first on Insurance Journal.