Travelers has launched a new mobile applications, Auto Accident Help for iPhone and Quick Connect for BlackBerry smartphones, to provide auto accident assistance for iPhone and BlackBerry smartphone users.
Law office of Brodsky & Smith said that it is investigating potential claims against the board of directors of Zenith National Insurance Corporation relating to the proposed acquisition by Fairfax Financial Holdings. Under the terms of the offer, Zenith shareholders would receive $38 for each share of Zenith stock they own.
CNA Financial has appointed five commercial underwriting officers to add local underwriting leadership and technical underwriting capabilities to the business insurer’s branch offices in order to provide a nimble response to requests from its agents.
SeaBright Insurance Holdings has reported revenue of $69.6m for the fourth quarter of 2009, a decrease of 8.4% compared to $75.9m for the same period last year.
Radian Group has appointed Robert Griffith as new executive vice president (EVP) and chief operating officer (COO) for Radian Guaranty, its principal mortgage insurance subsidiary, to lead the operations, loss management and information technology functions.
American International Group (AIG) has entered into a definitive agreement for the sale of the AIA Group, a pan-Asian life insurance companies, to Prudential for approximately $35.5bn, including $25bn in cash, $8.5bn in face value of equity and equity-linked securities, and $2bn in face value of preferred stock of Prudential.
DarrasLaw has launched new website with repository of information about insurance law, including articles, media coverage, videos and plenty of details to help real people deal with tough insurance problems.
HCC Insurance Holdings has reported total revenues of $590.3m for the fourth quarter of 2009, an increase of 7% compared to $551.9m for the same period last year.
Zurich said that it is underwriting Venture Insurance Programs' (Venture) offering designed for private and semiprivate golf and country clubs, golf resorts, daily-fee courses, communities and top golf management companies, The Preferred Club Program.
USI Holdings has entered into an agreement to acquire the retail employee benefit insurance brokerage offices in the states of Ohio, Kentucky, and Missouri of National City Insurance, from The PNC Financial Services.
Donegal Group has reported revenues of $101.53m for the fourth quarter of 2009, an increase of 5.9%, compared to $95.9m for the same period last year.
