Aviva USA has completed its relocation to the new headquarters in West Des Moines.
Sonoma Risk Insurance, which was launched in April 2010, has issued around $8m in policy coverage for its contract litigation insurance in first 19 weeks of operations.
Bancinsurance to be acquired for $8.50 per common share
Bancinsurance, a specialty property and casualty insurance holding company, has agreed to be acquired for $8.50 per common share in cash by some of its own shareholders.
Markel Reports Marginal Decrease In Q2 Revenues
Markel has reported total revenues of $515.4m for the second quarter of 2010, a decrease of 1.3% compared to $522.4m for the same quarter in 2009.
Crawford Q2 Revenues Declines
Crawford & Company has reported total revenues of $255.9m for the second quarter of 2010, a decrease of 6% compared to $271.6m for the same quarter in 2009.
Builders Insurance Appoints New CFO
Builders Insurance Group has appointed Owen Dwoskin as the new chief financial officer. He will assume his position immediately, replacing Renee Pinczes.
First American Revenues Slides In Q2
First American Financial, a provider of title insurance and settlement services for real estate transactions, has reported total revenues of $969.9m for the second quarter of 2010, a decrease of 5.3% compared to $1.02bn for same the quarter in 2009.
OneBeacon Q2 Revenues Down 33%
OneBeacon Insurance Group has reported total revenues of $436.6m for the second quarter of 2010, a decrease of 33.3% compared to $654.8m for the same quarter in 2009.
Argo Group US Forms New Management Liability Platform
Argo Group US, a subsidiary of Argo Group International Holdings, has expanded its management liability and professional lines capabilities by forming its Argo Management Liability Platform.
Lincoln Financial Swings To Q2 Profit
Lincoln Financial Group has posted a net income of $255m, or $0.33 per diluted share, for the second quarter ended June 30, 2010, compared to a net loss of $161m, or $0.62 per diluted share, for the same period last year.
Westcor Expands Business Into New England
Westcor Land Title Insurance Company, an independent provider of title insurance in US, has expanded its business by establishing new agency operations in New England.