Selected earnings highlights from Validus Holdings for the first quarter of 2012 are as follows:                                                               Q1 2012         Q1   2011           Gross premiums written ————       $837.299 mn   $849.89 mn Net premiums written  —————      $730.24 mn     $740.07 mn Net premiums earned  ————–        $451.2 … UK Terrorism Reinsurer Pool Re Has over $7 Billion for Olympic Games Coverage

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 CNA Financial Corporation announced that Hardy Underwriting Bermuda Limited shareholders have voted to approve CNA?s proposed acquisition of Hardy, announced in March. The acquisition is expected to close by the end of the second quarter, subject to regulatory approvals. CNA … Big ?I? Chairman Donohoe Extols Association?s Value in Fast-Changing Times

 Speaking at the Independent Insurance Agents and Brokers of America (IIABA) conference, IIABA Chairman Mike Donohoe said the association is an indispensable partner and guide for independent agents in a rapidly changing world. “The association has always been there for … ACE USA Enhances Hospice Insurance Products

 ACE USA?s ACE Medical Risk Division now offers an endorsement for hospice care eligibility requirements. This new enhanced hospice care eligibility recertification endorsement serves as an amendment to ACE?s hospice facilities products. It provides professional liability coverage to hospice physicians, … Iowa?s Fulwider Honored with Big ?I? Woodworth Memorial Award

 The Independent Insurance Agents & Brokers (the Big ?I?) has awarded an Iowa agency owner, Bob Fulwider, with the Woodworth Memorial Award, the highest honor the association bestows on one of its members The Woodworth Memorial Award, presented at the … Troubled Illinois Work Injury-Claim System Hit in Audit

 Illinois’ troubled system for compensating injured state workers hands out money too readily, sometimes without medical evidence to back up a claim and occasionally paying benefits the hurt employee didn’t even seek, according to an audit released on April 25. … Oklahoma House Defeats Alternative Workers? Comp Measure

 The Oklahoma House has defeated workers’ compensation legislation that would have allowed large employers to opt-out of the state’s workers’ compensation system. In a bipartisan vote on April 25, House members voted 50-42 against the bill. Its author, Rep. Fred …