Industry News Archives - Page 1408 of 1410

Kemper Names Sodaro as New CFO

Kemper Corporation announced today that Frank J. Sodaro, will become Senior Vice President and Chief Financial Officer, replacing Dennis Vigneau, who is resigning. In the press statement, the company ...

Hartford Restates Q3, Cites Material Control Weakness; Full-Year 2012 Bottom Line Reverses To A Loss

On Friday, The Hartford announced that it filed an amended Form 10-Q with the U.S. Securities and Exchange Commission to restate its third-quarter 2012 results—a change that turned a previously ...

Liberty Mutual’s 2012 Profit More Than Doubles To $829M Despite Q4 Net Loss

Liberty Mutual and its subsidiaries reported 2012 fourth-quarter net loss of $234 million, with the results including $576 million Superstorm Sandy losses. In comparison, the Boston-headquartered ...

Bipartisan Optimism Over Deficit, Sequestration As Sweet As Syrup At Insurance Confab

The political stalemate in Washington regarding the deficit and sequestration is not as dire or depressing as most people and pundits proclaim, and is in fact a positive sign that the country is ...

Insurers Split Over Proposed Changes to Florida Guaranty Fund

Florida lawmakers have kept alive a bill that would alter the method of funding the state fund that pays the claims of insolvent property insurers even though the change could increase costs and does ...

International Insurers, Reinsurers to Shoulder Half of Sandy Losses: ABIR

International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said Thursday. Estimated losses from Superstorm ...

Better Reports, More Mobile Homes, Not More Intense Tornadoes: Lloyd’s

While there is little evidence that tornadoes are increasing in either frequency or intensity, marked jumps in event-reporting and in the number of U.S. mobile home dwellers are among factors ...

Lawsuits Up, Regulatory Actions At Record Levels in 2012: Survey

International law firm Fulbright & Jaworski reports that companies in the United States and United Kingdom dealt with more litigation last year, while regulatory investigations reached a ...

A.M. Best Comments On Moody’s UK Downgrade

A.M. Best Europe-Rating Services Ltd. said it "does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade." Best was referring to ...

Markel, Alterra Shareholders Approve Acquisition

Markel Corporation and Alterra Capital Holdings Limited said that their respective shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel. The ...

Company	Symbol	Close	1 Day Chg
Orion180 Insurance Group Inc.	OIG	$9.58	+4.70%
The Allstate Corporation	ALL	$247.88	+3.46%
James River Group Holdings, Inc.	JRVR	$3.82	+2.96%
RLI Corp.	RLI	$61.07	+2.67%
Old Republic International Corporation	ORI	$39.66	+2.56%

Company	Symbol	Close	1 Day Chg
Lemonade, Inc.	LMND	$44.20	-3.62%
Presurance Holdings, Inc.	PRHI	$7.91	-2.83%
Heritage Insurance Holdings, Inc.	HRTG	$35.77	-2.29%
Kingsway Corporation	KWY	$9.59	-1.24%
American Integrity Insurance Group, Inc.	AII	$27.50	-0.72%

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