At-home knitters who make children’s clothing for a North Chittenden company are employees, not independent contractors, the Vermont Supreme Court has ruled, upholding a decision by the state Labor Board. The decision, with one justice dissenting, means Fleece on Earth, …
Former President Bill Clinton said Friday that disasters such as worldwide famine and an obesity epidemic threaten the country’s stability unless politicians begin to look ahead and cooperate. Clinton, speaking at a forum sponsored by Harvard University’s John F. Kennedy …
A.M. Best Co. has released a report on the U.K. non-life market, the third largest in the world. It is more or less dominated by five companies — Aviva, Royal Bank of Scotland (RBS), Royal & Sun Alliance, AXA and …
A.M. Best Co. has affirmed the financial strength rating of “B+” (Good) and the issuer credit rating of “bbb-” of Century Insurance Company Limited (CIC), which operates in the Northern Mariana Islands. The outlook for both ratings is stable. The …
According to a newly issued special report from A.M. Best Co., European life insurers have experienced strong growth over the past few years, due to strong demand for unit-linked products, good investment conditions and the companies’ focus on selling capital …
Standard & Poor’s Ratings Services said Munich Re’s plans to return more than €8 billion ($10.88 billion) to shareholders through a combination of dividends and share buybacks “has no immediate impact on the ratings and outlook on Munich Re.” S&P …
A Kenya Airways jet that took off during a midnight storm crashed early Saturday with 114 on board after sending out a distress signal over remote southern Cameroon, officials said. Nearby villagers reported hearing an explosion and seeing a flash …
The Florida Legislature voted to extend a rate freeze for customers of Citizens Property Insurance. The May 4 measure was a top priority of Gov. Charlie Crist, but was among the last bills passed by the Legislature before it ended …
U.S. Rep. Ed Whitfield, a Republican from the 1st District of Kentucky, where the racing industry was focused on the Kentucky Derby, said the dangers of horse racing should not be ignored. Two congressmen introduced legislation that would provide injury …
Why is it that some insurance agents consistently earn six-figures a year while most insurance agents who put in the same hours, sell the same products and were trained by the same sales manager struggle each month financially to make …