Insurance News from July 30, 2003

News

GAO Report Cites Losses as Primary Driver of Medical Liability Costs

A new report from the General Accounting Office (GAO) concluding that medical liability...

International News

Montpelier Reinsurance Receives ‘A-‘ Rating from Standard & Poor’s

Montpelier Re Holdings Ltd announced that its subsidiary, Montpelier Reinsurance Ltd.,...

East News

Markel Reports Strong Quarterly Earnings

Virginia-based Markel Corporation reported net income of $5.97 and $9.66 per diluted...

Southeast News

Infinity P/C Corp. Notes Improved Results

Alabama-based Infinity Property and Casualty Corporation reported net earnings for the...

Texas / South Central News

Operators of Illegal Health Plan Fined $12.5M

Texas Commissioner Jose Montemayor has levied fines totaling $12.5 million against the...

Midwest News

The St. Paul Cos. Sees Improved Q2 Numbers

The St. Paul Companies announced second-quarter 2003 net income of $214 million, or...