A New Jersey judge has dismissed charges against two Rider University officials in a case involving the drinking death of a fraternity pledge. Superior Court Judge Maria Sypek approved a request by Mercer County Prosecutor Joseph Bocchini Jr. to dismiss …
According to a new report from Fitch Ratings, the U.S. property casualty insurance industry’s risk from various subprime mortgage exposures is “minimal.” Fitch said it based its conclusion on an analysis of statutory filings for the entire industry and GAAP …
Standard & Poor’s Ratings Services has recently completed a survey covering all the insurance and reinsurance companies it rates globally to determine their exposure to U.S. subprime mortgage-related instruments. In its report – “Survey Reveals That Rated Insurers’ Investments Globally …
Standard & Poor’s Ratings Services has revised its outlook on U.K.-based P/C insurer Congregational & General Insurance PLC to negative from stable, “due to a swift and significant deterioration in its capital adequacy as a result of heavy operating losses …
The UK’s Met Office has added a significant variable to the climate change equation. In a recently released study from the Hadley Center it published findings which “suggest that increasing carbon dioxide will cause plants to extract less water from …
Two years after Hurricane Katrina decimated the homes of thousands of Gulf Coast residents insurance companies are still systematically denying policyholders fair and just claims payments following this and other natural disasters, a report by the trial bar’s American Association …
Our Products Have Addressed the Needs of Carriers, MGA’s and Agents for Over 15 Years. QualCorp, Inc. scores a major victory in helping AMS AFW and AMS 360 customers by placing their QueryPlus Reporting Tool in the offices of 5 …
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during July. The actions include seven license revocations, a license denial and fines and restitution totaling $1,251,355. Copies of Geeslin’s orders may be obtained …
The California Supreme Court has ruled that a statute authorizing limited discovery of a defendant’s insurance coverage does not include authorization to look into reinsurance agreements as part of facilitating a pretrial settlement. In Catholic Mutual Relief Society et al. …
Consumer products giant Procter & Gamble Co. has sued Kraft Foods Inc., charging that a new plastic container for Kraft’s Maxwell House coffee brand infringes on patents for P&G’s Folgers coffee container. P&G introduced a plastic container for its Folgers …