W. R. Berkley reported net income for the second quarter of 2014 of $180 million, or $1.35 per share. -Net investment gains were $109 million. Commenting on the Company’s performance, William R. Berkley, chairman and chief executive officer, said: “We were very pleased with our second quarter results.
Newswires
AssureStart has appointed Sheryl Medeiros as general counsel. Medeiros previously was executive vice president at United Guaranty Corp., where she played a key role in the turnaround of the company’s mortgage insurance business from 2009-2013. During that time, Medeiros served as general counsel, with responsibility for UGC’s global legal, regulatory,…
Laurus Corp. reported that it has acquired the Marriott Warner Center hotel in Woodland Hills, Calif.. “The acquisition of Marriott Warner Center is another step forward executing Laurus’ focused investment strategy- seeking prime value-add opportunities requiring complex structuring, active management, repositioning and significant renovation…
Fitch Ratings plans to withdraw the ratings on Hartford Financial Services Group, Inc. and its subsidiaries on or about Aug. 28, for commercial reasons. Fitch currently rates Hartford Financial Services Group, Inc. and its subsidiaries as follows:. Hartford Financial Services Group, Inc..
Pharmacyclics, Inc. reported that the U.S. Food and Drug Administration has granted Imbruvica regular approval for the treatment of patients with chronic lymphocytic leukemia who have received at least one prior therapy, and for the treatment of CLL patients with deletion of the short arm of chromosome 17, including treatment naive and previously treated…
ECRI Institute Patient Safety Organization has been selected to provide patient safety collection, analysis, and reporting services to MCIC Vermont. “MCIC views this partnership as a great opportunity for shared learning to improve patient safety for our subscribers under the protective umbrella of the PSO,” said Christine McMullan, vice president for loss…
Fitch Ratings plans to withdraw the ratings on Hartford Financial Services Group, Inc. and its subsidiaries on or about Aug. 28, for commercial reasons. Fitch currently rates Hartford Financial Services Group, Inc. and its subsidiaries as follows:. Hartford Financial Services Group, Inc..
In addition, StoneCastle’s proprietary cash management vehicle, the Federally Insured Cash Account, was again recognized by the Association for Financial Professionals in its 2014 Liquidity Survey. FICA is a widely used structured bank deposit product used by Treasurers when investing short-term balances, as highlighted in the 2014 AFP Liquidity Survey. “
Opus Capital Markets Consultants has launched OpusPanorama, a new client web application. Our clients can view their data at the office or on-the-go to ensure they have timely information, “said Jennifer LaBud, Principal, Opus CMC, in a release. Opus Capital Markets Consultants is a risk management and quality control service provider.
Energi and HDI-Gerling America have entered into a multi-year agreement to extend their partnership offering risk management and insurance programs to certain segments of the United States downstream, midstream and upstream energy markets. “The collaboration between Energi and HDI-Gerling America embodies the true essence of a strategic partnership,”…
Agiliance reported that it will host a webinar in collaboration with BankInfoSecurity.com on vendor risk management best practices, Thursday, July 31, at 11:30 AM Eastern Time. Entitled, “How to Tackle Vendor Risk Management: Operationalizing Third-Party Risk Management in Today’s Regulated Environment”, the webinar will offer advice from Nate Bedrossian,…
Associated Banc-Corp reported that William M. Bohn has been promoted to the position of executive vice president, head of Private Client and Institutional Services. According to a release from the Company, Bohn had previously served as chief executive officer of Associated Financial Group, the company’s insurance and employee benefits business.
Data gathered by Enterprise Rent-A-Car indicates that insurance companies are significantly improving turn-around times- by more than 25 percent- when they refer policyholders to collision repair centers using the Enterprise Rent-A-Car Automated Rental Management System. It’s helped us shave more than two days off our cycle time, “said Chris Pohanka,…
MidCountry Financial Corp. has selected MetricStream to enhance its risk management and strengthen regulatory compliance and audit management across the enterprise. According to a media release, MetricStream’s integrated GRC solution will help MidCountry Financial streamline the full range of their risk management processes, establish a risk…
Spearheading the business deal were Scott McDonald, an IntimateRider executive, and Larry Beck, founder and president of VidaCura. Headquartered in Connecticut, VidaCura opened two new retail stores in Palm Beach County, Florida and Connecticut. Pilot Vida Cura stores, extending across 2,500 square feet, first opened their doors in 2012. Currently, the…
The U.S. Army Corps of Engineers Galveston District issued the following news release:. The U.S. Army Corps of Engineers Galveston District is seeking representatives from federal, state and local governments and agencies, Indian tribes, non-governmental organizations, academia, business and industry and individuals interested in participating in public…
The Government Accountability Office released the following report highlight:. The Centers for Medicare& Medicaid Services undertook the development of Healthcare.gov and its related systems without effective planning or oversight practices, despite facing a number of challenges that increased both the level of risk and the need for effective…
July 31– Two new medical offices in northern Colorado Springs are joining the ranks of others that charge patients fees in exchange for same-day appointments and longer visits with doctors– a niche type of practice known as concierge medicine now offered by a handful of local doctors and clinics. Flying Horse Medical Center opened May 31 at 1615 Silversmith…
July 31– Eric Ziedrich, who has “retired” twice from the Healdsburg City Council, just can’t seem to stay away. Ziedrich said even though it’s been four years since he last served, he’s been paying attention to the issues facing Healdsburg and the county. He is one of three other declared candidates running for the seats being vacated by incumbents Susan Jones and Jim…
