A year after tornadoes tore up Olla, La., the auditorium at LaSalle High School still has no roof. Boards cover school windows; the gym door swings open with each gust of wind. The building has been gutted, but no other …
Most insurance agents in Texas have never faced the damage caused by a catastrophic storm. Thankfully, massive hailstorms, tornadoes and hurricanes have been few and far between in our state. But, Hurricane Rita changed all of that when it struck …
Standard & Poor’s Ratings Services has issued a statement indicating that its ratings on the Alea Group are unaffected by the announcement that is to sell the renewal rights of its U.S. primary program business written by Alea North America …
The Tokyo office of Standard & Poor’s Ratings Services has issued a bulletin which notes that it has raised its insurer financial strength and long-term counterparty credit ratings to “BBB+” from “BBB” on Korean Reinsurance Co. (Korean Re), LG Insurance …
Standard & Poor’s Ratings Services announced that it has affirmed its “A” long-term counterparty credit and insurer financial strength ratings on The Standard Steamship Owners’ P&I Association (Bermuda) Ltd. (SB or the club), and, “through guarantees and reinsurance arrangements, the …
Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on The Standard Steamship Owners’ P&I Association (London) Ltd. (SL or the club) with a stable outlook. “The ratings are …
A federal judge in Providence has dismissed the state of Rhode Island and the state fire marshal from a lawsuit stemming from a deadly 2003 nightclub fire. U.S. District Judge Ronald Lagueux ruled that Fire Marshal Irving J. Owens and …
California Insurance Commissioner John Garamendi on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 auto collisions over the past 18 months, bilking insurers and consumers out of $2 million …
Nassau County District Attorney Denis Dillon announced recently that the DA’s Criminal Frauds Bureau has arrested three individuals who collected workers’ compensation benefits totaling more than $76,939 that they were not entitled to receive. “Working with the New York State …
United States Attorney McGregor Scott announced recently that four doctors accused of performing unnecessary heart surgeries at Redding Medical Center in Redding, California, have agreed to a total settlement worth more than $32.5 million to the victims of the procedures …