A.M. Best Co. has upgraded the financial strength rating to “B++” (Good) from B+ (Good) and the issuer credit ratings (ICR) to “bbb” from “bbb-“of Proformance Insurance Company. Best also upgraded the ICR to “bb” from “bb-” of Proformance’s holding …
A woman faces four years in prison after pleading guilty to stealing more than $250,000 from her son’s military life insurance meant for her granddaughter. Janine Lee Espinoza, a pastor from Portage, pleaded guilty earlier this month to felony counts …
A West Des Moines insurance agent is suing Wellmark Inc. for allegedly refusing to do business with him after two companies associated with the agent moved their health plans to a Wellmark competitor. Frank Berlin filed the lawsuit in Polk …
Weather conditions that helped spread a massive forest fire were being counted on Wednesday to help douse it as a strong storm was expected to roll through southern New Jersey later in the day. As of Wednesday morning, the fire …
Tyco International Ltd. has agreed to pay about $3 billion to settle shareholder claims from one of the largest corporate fraud cases ever, ending uncertainty over the outcome of the legal battle as it prepares to split into three companies. …
Irma Kelly is frustrated over the cost of her Citizens Property Insurance coverage, so she came to a policyholder’s forum to give the state-run insurer’s chairman an earful. Kelly, a resident of a Broward County mobile home park, said she …
Nine words could save lives this hurricane season: “Using a generator indoors can kill you in minutes.” That might seem obvious, but it’s not — each year dozens of Americans die because they don’t properly use portable electric generators. Stuck …
U.S. Sens. Lindsey Graham and Jim DeMint have joined Gov. Mark Sanford in asking for a disaster declaration after last month’s late freeze ruined much of South Carolina’s peach, wheat and other crops. Officials estimate the April freeze damaged at …
Flying debris smashed through a window and Hurricane Andrew’s screaming winds pushed inside the home, splintering walls and tearing off the roof. Parents and children huddled under a mattress in a bathtub or closet as jagged pieces of wood and …
A Harlem vagrant ravaged by a lifetime of hard drinking testified this week that he was clueless about a purported plot by an insurance agent to take out more than $500,000 in fraudulent policies on his life before trying to …