Owners of a Warwick, Rhode Island nightclub where 100 people died in a fire and the former manager of the band whose pyrotechnics sparked the blaze won’t stand trial on involuntary manslaughter charges for at least a year, according to …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A++” (Superior) of National Indemnity Group. The rating also applies to National Indemnity Company and its eight affiliated non-life and life insurance companies that support the group’s …
Standard & Poor’s Ratings Services announced that it has assigned its ‘B’ long-term counterparty credit and insurer financial strength ratings to Russia-based (re)insurer Moscow Reinsurance Co. (Moscow Re) with a stable outlook. S&P also assigned its ‘ruA-‘ Russia national scale …
The nation’s top insurance swindlers of 2004 were inducted into the Insurance Fraud Hall of Shame reported the Coalition Against Insurance Fraud. All of the new inductees were convicted or their cases closed out in the last year. The 2004 …
Oklahoma Gov. Brad Henry announced he has selected a long-time Tulsa insurance executive and public servant to serve as Oklahoma’s state insurance commissioner. Kim Holland succeeds Carroll Fisher who resigned under fire amid criminal charges and legislative impeachment proceedings. Gov. …
North Carolina Gov. Mike Easley announced that the Western Office of the N.C. Redevelopment Center in the Asheville Office Park will open on Monday, Jan. 24 at 8 a.m. The new office will assist local government officials in identifying resources …
The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced Friday that President Bush has ordered the release of federal disaster funds for Indiana to help families and businesses recover from the effects of recent …
Justice David Puryear with the 3rd District Court of Appeals in Austin, Texas, on Jan. 21 struck down a $117.5 million settlement Farmers Insurance Group reached with the state in 2002 over homeowners rates. Texas Attorney General filed suit against …
Alaska Gov. Frank Murkowski recently issued a state disaster declaration for the City of Kaktovik/North Slope Borough in response to a severe winter storm that knocked out power to the majority of the city earlier this month. “The citizens of …
In a recent letter to President George W. Bush, Kentucky Gov. Ernie Fletcher has requested a declaration for “a major disaster for the Commonwealth of Kentucky as a result of a winter storm that produced record and near record snowfall, …