A Windsor County, Vermont man who was permanently injured in a car accident two years ago has been awarded $21 million, one of the largest lawsuit awards in the state’s history. It’s unclear yet how much of the money awarded …
A.M. Best Co. has downgraded the financial strength rating (FSR) to “A” (Excellent) from “A+” (Superior) and the issuer credit rating to “a” from “aa-“of American Live Stock Insurance Company (ALS) of Geneva, Ill. Best also removed the ratings from …
A.M. Best Co. has downgraded the its Syndicate Rating to “A” (Excellent) from “A+” (Superior) and the issuer credit rating (ICR) to “a+” from “aa-” of Lloyd’s Syndicate 1414, which is managed by Ascot Underwriting Limited (AUL). The outlook for …
Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to Compagnia Assicuratrice Unipol SpA (Unipol) and Aurora Assicurazioni SpA (Aurora), the main operating entities of Italy’s Unipol Gruppo Finanziario SpA (UGF – …
Felix has a little sister in the Pacific Ocean that has already caused the deaths of 8 people from landslides triggered by heavy rains near Acapulco. The storm first formed last Thursday, Aug. 30, and has been steadily moving northward …
Both AIR Worldwide and Risk Management Solutions have issued bulletins commenting on Hurricane Felix. Its sudden formation and rapid strengthening into a category 5 storm are virtually unprecedented. “Since 1900, only four years have recorded more than a single Category …
Hurricane Felix, which is poised to come ashore along the border of Nicaragua and Honduras later today, is a strange storm (See following article). It developed suddenly from a tropical depression on Friday, Aug. 31 into a full-blown category 5 …
Illinois residents who want to know about the safety of local bridges can’t get the information easily. Deciphering what they do get is even harder. The Illinois Department of Transportation won’t release inspection reports that provide detailed information about bridge …
The second strong hurricane of the season, Felix, is currently roiling the waters of the Southern Caribbean, as it passes over the Netherlands Antilles. The islands – Bonaire, Curaçao and Aruba are close to the South American mainland off the …