In line with its announcement on ACE Ltd. (See above article), Standard & Poor’s Ratings Services announced that it has also revised its outlook to stable from negative on its “A” counterparty credit and financial strength ratings on ACE Insurance …
A.M. Best Co. announced that it has downgraded the financial strength rating to “A-” (Excellent) from “A+” (Superior) of Allianz Marine & Aviation (France) (AMAF) and has removed the rating from under review with negative implications. Best also assigned an …
For the 33rd year, Boston consumer advocates and trial attorneys, Edward M. Swartz and James A. Swartz, have unveiled their nominees for the “10 Worst Toys” on behalf of World Against Toys Causing Harm, Inc., or WATCH. According to WATCH, …
The former director of the Rhode Island Department of Health acknowledged Monday as she was cross-examined in the state’s lawsuit against former lead paint manufacturers that the department’s own Web site says routine maintenance and house cleaning can help prevent …
Verastar salvage auto auctions announced that the first auction at its new Savannah facility has been scheduled for 9:30 a.m. Friday, Dec. 9. The company’s customers have the options of attending the live onsite auction and of bidding online at …
Job safety training is the focus of a “SafetyFest of the Great Northwest” training conference, being held Nov. 29-Dec. 2 at the Washington Group International (WGI)’s Office Complex- 720 Park Blvd., Boise, Idaho. Some 300 employees and managers were expected …
More than 18,000 car crashes occur in Cincinnati annually, according to the Department of Public Safety. If you’ve ever had a crash, you know that if you’re lucky enough to emerge from the vehicle uninjured, your troubles are far from …
Along with managing more than 19,000 claims, GEICO associates in Macon, Georgia worked with the company to raise an additional $150,000 to aid relief efforts in two of the hardest hit areas affected by Hurricane Katrina. Randy Thompson, GEICO’s New …
Many victims of Hurricane Wilma have reportedly called the Federal Emergency Management Agency (FEMA) at 1-800-621-FEMA (3362) to register for disaster assistance and, afterwards, received a loan application from the U.S. Small Business Administration (SBA). Recovery officials are urging everyone …
Calif. Insurance Commissioner John Garamendi has announced that a former Los Angeles insurance broker has been arrested and charged with 63 felony counts related to the sale of thousands of fake insurance policies throughout the nation. San Antonio, Texas, resident …