Automakers will be required to tell owners if their vehicle has an event data recorder, commonly called a “black box,” and collect uniform data from the devices, the federal government said. In the seconds before, during and after a crash, …
Former lead paint manufacturers found liable for creating a public nuisance in Rhode Island say lawyers for the state misrepresented to jurors the extent of the state’s childhood lead poisoning problem and are pushing for a new trial. In February, …
New Hampshire has set up a temporary salvage inspection center to deal with the large number of cars and trucks pounded by hail last month. State inspectors are working once a week out of the Department of Motors Vehicles headquarters …
A.M. Best Co. has assigned a debt rating of “bb+” to the Senior Secured Credit Facility of up to $375 million due February, 2012 of Concord Re Limited (the issuer), a newly created Bermuda exempted, limited-life special purpose Class 3 …
A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit rating of “bbb-” of Polskie Towarzystwo Reasekuracji S.A. (Polish Re) with a stable outlook. “The ratings reflect the improving risk-adjusted capitalization and business …
ABS Corporate Solutions, and its affiliate EQECAT, Inc. announced that the Inter-American Development Bank (IDB) has signed a contract for a catastrophic risk analysis project focusing on Bolivia, Guatemala, Peru and Jamaica. “The analysis will be used to develop risk …
A Russian passenger jet crashed during a thunderstorm just minutes after sending a distress signal on Tuesday, killing all 170 people on board, including dozens of children. Emergency officials said preliminary information led them to believe that weather — not …
Tropical Depression 4 has strengthened into Tropical Storm Debby, the fourth named storm of the current season. According to the most recent bulletin from Miami’s National Hurricane Center, “maximum sustained winds are near 40 mph./65 km/hr. with higher gusts. Some …
Two former employees of the Ford County Attorney’s Office in Kansas are splitting a $137,500 settlement after accusing a former county attorney of harassment and wrongful firing. Julie Funk, a former assistant county attorney, and former office manager Erin Cox …
It took jurors only three hours earlier this week before returning the guilty verdict against Michael B. Smith, 61, after hearing 10 days of testimony. Prosecutors maintained that Smith killed his 55-year-old wife, Linda, as their business was failing and …