In a move to combat California’s out-of-control workers compensation system, the Small Business Action Committee (SBAC) announced that it has filed an initiative to reportedly reduce the cost of the system by as much as $10 billion. Titled “The Workers …
The elevated terrorist threat levels decreed by the Homeland Security Department and the U.S. Transportation Security Administration, coupled with repeated warnings from the FBI, combined to disrupt trans-Atlantic air traffic over the holidays. A pre-Christmas alert resulted in the cancellation …
Standard & Poor’s Ratings Services has lowered its counterparty credit and senior debt ratings on Harleysville Group Inc. to “BBB-” from ‘BBB’. It has also removed the ratings from CreditWatch, where they had been placed on Oct. 17, 2003, and …
U.S. District Judge Michael B. Mukasey has reportedly had enough of the internal and external sniping between Swiss Re and other insurers and Silverstein Properties in the dispute over the recovery for destruction of the Twin Towers. According to an …
Mississippi Insurance Commissioner George Dale announced that the Mississippi State Rating Bureau has upgraded the public fire protection facilities of the East Hancock Fire Protection District in Hancock County. The fire prevention and protection facilities of the East Hancock Fire …
Atlanta-based Ebix, an international supplier of software and e-commerce solutions to the insurance industry, has changed its name to Ebix, Inc. from ebix.com, Inc. effective immediately. To mark the event, the company also announced a new logo that can be …