Auto insurers Mercury General Corp., Infinity Property and Casualty Corp. and Safety Insurance Group Inc. each report drops in third-quarter income, with Los Angeles-based Mercury General posting a $3.8 million loss.
Auto insurers Mercury General Corp., Infinity Property and Casualty Corp. and Safety Insurance Group Inc. each report drops in third-quarter income, with Los Angeles-based Mercury General posting a $3.8 million loss.
In the second part of a series of articles examining program submissions, Meadowbrook's Phillip Gajewski takes a look at what to expect when bringing the submission to market.
Meadowbrook Insurance Group Inc. says its second-quarter results will include higher-than-average storm-related losses, net of reinsurance, of approximately $12.5 million pre-tax.
Toronto-based Fairfax Financial Holdings Limited has acquired specialty insurer First Mercury Financial Corp. in a transaction valued at approximately $294 million.
The environmental cleanup response to the Deepwater Horizon Oil Spill in the Gulf of Mexico is an unprecedented endeavor. It encompasses operations on land, along the vast shoreline and over open water--all of which present insurable exposures.