49296 results returned for search: "" category ("Other" AND "Business")
The professional lines insurance operation of XL Insurance (Bermuda) Ltd.?s has added fiduciary liability coverage to its directors and officers insurance policy.
The expanded ?A PLUS D&O? policy replaces XLIBL?s IDOL policy. It also provides excess ...
DATE: Nov 04, 2004
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The Maryland Insurance Administration will consider reform that could clear the way for captive insurers in the state.
Maryland does not currently have any captives ? an insurance company whose sole business is to insure risk for its parent company ?...
DATE: Nov 04, 2004
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The Royal Gazette/Bermuda Stock Exchange Index lost 2.45 points yesterday to close at 3,171.95.
The share price for Masters Ltd. moved up $2 to close at $12 after investors traded 1000 shares. Investors of LOM (Holdings) Limited pushed up the price 5...
DATE: Nov 04, 2004
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ACE Ltd. today fired two employees and suspended three after an internal investigation prompted by charges of bid-rigging from New York Attorney General Eliot Spitzer.
Geoffrey Gregory, president of US-based Ace Casualty Risk, and Patricia Abrams, an...
DATE: Nov 04, 2004
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One of Bermuda?s newest insurers anticipates the current investigation into insurance practices by New York Attorney General Elliot Spitzer will create a level playing field for insurers as well their clients.
Tobey Russ, president and chief executiv...
DATE: Nov 04, 2004
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A Cayman island insurance company that is 25 percent owned by Butterfield Bank moved this week to counter a story that aired on CBSMarketwatch almost two months ago.
The September 16 report quoted an A.M. Best analyst who said that Hurricane Ivan?s c...
DATE: Nov 04, 2004
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(Bloomberg) ? Frontline Ltd., the world?s biggest oil- tanker company by capacity, won a contract to provide two supertankers to Titan Petrochemicals Group for at least $35,000 a day for each vessel until they are forced to end service in 2010.
Titan...
DATE: Nov 04, 2004
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WASHINGTON (Dow Jones Newswires) ? PXRE Group Ltd. (PXT) said on Tuesday that a court has dismissed a June 24, 2003 lawsuit the company filed against Lumbermens Mutual Casualty Co.
According to a filing on Tuesday with the Securities and Exchange Com...
DATE: Nov 04, 2004
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The insurance industry will see an increasing number of American clients involved in employment class action suits according to a legal expert from the global law firm Sedgwick, Detert, Moran & Arnold Llp who says that recent court decisions prove th...
DATE: Nov 04, 2004
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Third quarter income for Bermuda-based AXIS Capital Holdings Limited dropped sharply on hurricanes to $6.3 million, or 4 cents per share, compared to $147 million, or 90 cents per share, for the year ago third quarter.
In his earnings statement last ...
DATE: Nov 04, 2004
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