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28
07, 2015
Wright National Flood Insurance Co. Ratings Affirmed
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Wright National Flood Insurance Co. (WNFIC) in San Antonio, Texas. The outlook for both ratings is stable. The ratings of WNFIC, formerly known as …
The article Wright National Flood Insurance Co. Ratings Affirmed appeared first on Insurance Journal.
28
07, 2015
New Madrid Study Shows Need for Quake Coverage: Missouri Insurance Director
Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance. Missouri Insurance Director John Huff says, however, there is …
The article New Madrid Study Shows Need for Quake Coverage: Missouri Insurance Director appeared first on Insurance Journal.
28
07, 2015
New Mass. Police Policy Questioned by Transparency Advocates
Kelly Young was driving down Route 28 in Milton, Massachusetts, when a sedan traveling in the other direction rear ended another car and veered into Young’s lane, hitting his car head on, police say. Young, 56, a father of two …
The article New Mass. Police Policy Questioned by Transparency Advocates appeared first on Insurance Journal.
28
07, 2015
Indiana School to Build Tornado Safe Room with $1.6M Grant
Federal officials have awarded a southern Indiana school district $1.6 million to build a tornado safe room at an elementary school. The grant from the Federal Emergency Management Agency will allow Salem Community Schools to add the safe room at …
The article Indiana School to Build Tornado Safe Room with $1.6M Grant appeared first on Insurance Journal.
28
07, 2015
The Hartford’s Profit Up in Q2; CEO Addresses M&A Outlook
The Hartford reported core earnings of $389 million for the second quarter 2015, an increase of $245 million from $144 million in second quarter 2014. The increase was due in part to improved underwriting results with lower catastrophe costs in …
The article The Hartford’s Profit Up in Q2; CEO Addresses M&A Outlook appeared first on Insurance Journal.
28
07, 2015
AIG Hires Dachille as Investment Officer; Buys His Firm
American International Group (AIG) has named a new investment officer and is buying the new executive’s firm. Douglas A. Dachille, chief executive officer of New York City-based First Principles Capital Management, LLC, will become executive vice president and chief investment …
The article AIG Hires Dachille as Investment Officer; Buys His Firm appeared first on Insurance Journal.
28
07, 2015
Aspen Reports Q2 Net Income of $49M, Operating Income of $72.2M
Aspen Insurance Holdings Limited, headquartered in Bermuda, reported net income after tax of $49.0 million for the second quarter ended June 30, or $0.62 per diluted share, compared to net income after tax of $130.8 million reported during the same …
The article Aspen Reports Q2 Net Income of $49M, Operating Income of $72.2M appeared first on Insurance Journal.
28
07, 2015
Tech Firms Collaborating to Make Drone Air Traffic Safe
Google Inc., the company that brought order to the Internet, has set its sights on doing the same for the flocks of commercial drones expected to someday clog the skies. The search-engine pioneer is joining some of the biggest companies …
The article Tech Firms Collaborating to Make Drone Air Traffic Safe appeared first on Insurance Journal.
28
07, 2015
McClelland of Majority Leader’s Staff Joins AIA As VP for Federal Affairs
The American Insurance Association (AIA) announced that Wesley R. McClelland will assume the position of vice president for federal affairs effective Sept. 8. McClelland currently serves as senior policy advisor in the office of House Majority Leader Kevin McCarthy (R-Calif). Before …
The article McClelland of Majority Leader’s Staff Joins AIA As VP for Federal Affairs appeared first on Insurance Journal.
28
07, 2015
Everest Re Reports Q2 Net Income of $209.1M; Down from $290.2M in Q2 2014
Bermuda-based Everest Re Group Ltd. reported second quarter 2015 net income of $209.1 million, or $4.68 per diluted common share, compared to net income of $290.2 million, or $6.26 per diluted common share, for the second quarter of 2014. After-tax …
The article Everest Re Reports Q2 Net Income of $209.1M; Down from $290.2M in Q2 2014 appeared first on Insurance Journal.