Posted by admin on January 28, 2010
The Chubb Corporation has reported that it made net profits of $695m in the fourth quarter of 2009, equating to $2.03 per share.
This marks an increase of over 50% compared to Q4 2008, when the firm made $407m net profits, or $1.13 per share.
It was also a significant improvement on the Q3 2009 figures, when Chubb saw net profits hit $596m, equating to $1.69 per share.
Operating income was $569m, the same level as recorded in Q4 2008, although operating income per share rose by 5%.
For 2009 as a whole Chubb made $2.2bn net profits, or $6.18 per share, an improvement on the $1.8bn made in 2008, ($4.92 per share).
Chairman, President and Chief Executive Officer John D.
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Posted by admin on January 28, 2010
With the school year for high school seniors slowly but surely approaching, it might be beneficial for them to start thinking about their college living situation for next year. After all, once the summer hits, thinking about school will be the last piece of business on their minds. Most universities require their first-year students to experience campus life by shacking in their cozy dorms. Many students and parents fail to realize, however, that just like with any other residence, dorms can become victims of fire, theft and other types of damages. But for as low as $10 per month, students can ensure their valuables are covered should anything happen.
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Posted by admin on January 27, 2010
Workers’ compensation costs per claim for injured workers in Minnesota are among the lowest of 15 states, according to a new study by the Workers Compensation Research Institute (WCRI).
The study by the Cambridge, Mass.-based WCRI found that total costs per all paid claims were 30 percent lower in Minnesota and, in claims with more than seven days of lost time, 14 percent lower than the typical or median study state.
Payments per claim for lost wages, known as indemnity benefits, in Minnesota were 27 percent lower than the median study state and a major factor in the lower costs per claim.
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WCRI reported that the lower indemnity benefits per claim in Minnesota were not the result of lower statutory benefits, but because Minnesota workers returned to work faster and fewer cases received permanent partial disability (PPD) benefits or lump-sum settlements.
Workers in Minnesota returned to work faster than in most other study states. F
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Posted by admin on January 26, 2010
Pet insurance costs mean some owners put their pet’s health before their own Photograph: Christopher Thomond
Britain’s 1.3 million horse owners face tough choices in the coming months, with rising costs forcing many to make personal sacrifices so they can continue to look after their horses and ponies. Yet despite the constant struggle, for the vast majority of the horse and pony owners the last area they choose to economise on is equine insurance.
Insurers and brokers say they have not seen any tailing-off in the number of policies sold.
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Posted by admin on January 25, 2010
When the winter cold arrives, many people start thinking about warmer places.
One popular destination is Mexico: it’s relatively close to most states, can be inexpensive and there’s warmth and sunshine to spare. Many travelers will fly there, but many others will drive south of the border in order to keep travel costs down and to have more freedom once they are in the country. If you’re thinking of driving in Mexico, you need to know all about Mexican auto insurance.
Mexican Auto Insurance Requirements
While Canada has auto insurance laws similar to those in the U.S., Mexico does not, so American car insurance won’t work there.
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