Standard & Poor’s Ratings Services reported that it revised its counterparty credit rating on Atlantic Mutual Insurance Co. to ‘R’ from ‘B+’ and its surplus note rating to ‘D’ from ‘CCC’ following the company’s nonpayment of interest on its $100 …
Research suggests that hormonal changes in pregnant women place them at increased risk of gum disease, which can lead to premature or low birth weight babies and increase the chance of toxemia in expectant mothers, according to a written statement …
The size of the Business Owners Package (BOP) market, long only guessed at by the property/casualty industry, has been quantified by MarketStance, a provider of business demographic and market data, as part of the inclusion of BOP premium estimates in …
The Nebraska Department of Insurance announced recently that it has approved the recommendation of the Nebraska Comprehensive Health Insurance Pool (CHIP) Board of Directors to increase the high-risk pool rates by 23.5 percent. The new rates take effect October 1. …
In past years, 25-year-old law school graduate Hiroyuki Ichikawa would have been facing an almost impossible task — a bar exam with a 97 percent failure rate. Now, his chances are closer to 50-50. In the most sweeping reform of …
Drunken drivers beware: Police say they are starting a crackdown this month and the government is promising arrests for those who drink and drive. The National Highway Traffic Safety Administration said it hoped new advertising would help lower alcohol-involved fatalities, …
One down, hundreds to go. That’s the tally for a federal judge in Mississippi who ruled last week in favor of Nationwide Mutual Insurance Co. in the first trial to challenge insurers for refusing to cover billions of dollars in …
U.S. Sen. Trent Lott says he’s disappointed with the slow pace that hundreds of insurance lawsuits are being handled nearly a year after Hurricane Katrina. Speaking in his hometown of Pascagoula last Thursday, Lott, R-Miss., said the tempo could be …
David and Sandra Farkas figured a $9,500 investment in storm shutters would pay off at least a little in reduced insurance costs. Last Thursday, they found out exactly how little: 3 percent, or $63 a year. “It didn’t amount to …
Drive Insurance from Progressive, the largest writer of auto insurance through independent agents and brokers in the U.S., has signed a joint marketing agreement with Homesite Insurance Group, a national provider of home insurance products. The agreement paves the way …