RLI Corp. announced that it has created a new Property Treaty Group within its RLI Re Division to expand its capabilities in the reinsurance marketplace. The new group will offer customized assumed property reinsurance solutions to a select group of regional and super regional insurance companies.
“We are pleased to expand the capabilities of our successful [...]
Baldwin & Lyons, Inc. today announced net income for the quarter of $10.3 million or $.69 per share. This compares to net income of $.74 per share for the prior year period. Operating income, defined as net income before investment gains and losses, was $6.4 million for the quarter, or $.43 per share, as compared [...]
State Auto Financial Corporation (NASDAQ:STFC – News) and State Automobile Mutual Insurance Company today announced that A.M. Best Co. has upgraded the rating of the insurance companies of the Rockhill Insurance Group to A+ (Superior) from A- (Excellent) following their addition to the intercompany pooling agreement of the State Auto Group.
The Rockhill Insurance Group, which [...]
American Financial Group, Inc. announced that John B. Berding has been named President of its American Money Management Corporation subsidiary . AMMC was formed in 1973 and provides investment management services to American Financial, its insurance subsidiaries and certain third party investment entities. Mr. Berding succeeds S. Craig Lindner, who has served in that [...]
Donegal Group Inc. (Nasdaq:DGICA – News) (Nasdaq:DGICB – News) announces that the Company will hold a live webcast on Friday, February 25, 2011, beginning at 11:00AM Eastern Time. At that time, the Company will discuss results for the fourth quarter and year ended December 31, 2010. The Company will release its quarterly results on this [...]
Allied World Assurance Company Holdings, Ltd announced through its U.S.-based Darwin subsidiary, a new program with Jardine Lloyd Thompson (JLT) Facilities, Inc. in conjunction with the rollout of Darwin’s nationwide standard market Lawyers Professional Liability (LPL) product. JLT will be underwriting on behalf of Darwin on an admitted basis in New York, New Jersey, Illinois, [...]
This month, The Co-operators is beginning a new chapter in its history as the first two Co-operators representatives in the province of Quebec will open their doors. One office will open for business in Aylmer on June 9, with the second opening in Gatineau one week later, on June 15.
“This is a milestone in our [...]
(TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (”Kingsway”) announces that the Pennsylvania Insurance Department (the “Department”) has completed its review of a proposed RBC plan (the “Plan”) filed by Lincoln General Insurance Company (”Lincoln General”). The Department has determined that Lincoln General’s Plan is satisfactory and may be implemented immediately.
As previously announced, Lincoln General submitted its [...]
Old Republic International Corporation announced that its Board of Directors approved the payment of the regular quarterly cash dividend of 17 cents per common share. The dividend is payable on March 13, 2009 to shareholders of record on March 4, 2009.
The latest cash dividend payment is set at the higher rate initially approved for the [...]
ING Canada announced that its Board of Directors has decided to increase the company’s quarterly dividend by 3.2%, or 1 cent to 32 cents per share on its outstanding common shares. The dividend will be payable on March 31 to shareholders of record on March 16.
According to ING Canada President and CEO, Charles Brindamour, “the [...]
