Police charged a 16-year-old with setting fire to an Anderson County, S.C. business. Anderson County sheriff’s spokeswoman Susann Griffin says the teen, whose name was not released because of his age, has been charged with arson, burglary and petit larceny …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective Insurance Group and its seven P/C pooling members. Best also affirmed the ICR of “a-” and the debt …
Florida residents could soon be faced with increased surcharges on their home, auto and other insurance policies because the state’s catastrophe fund needs more money to pay claims from past hurricanes. The Florida Hurricane Catastrophe Fund pays claims when insurers …
With the arrival of the warmer spring weather, families across the nation are opening their windows to let the fresh air in. This pleasant feeling can quickly turn tragic in households with small children. In recent weeks, several children have …
Responding to Maine’s spring flooding, President Bush has expanded his disaster declaration to include Penobscot County. That announcement frees up federal grants and low-interest loans to individuals and loans for businesses. The funds can be used for temporary housing, repairs …
Georgia Gov. Sonny Perdue asked President Bush for a major disaster declaration to assist residents and local governments in Bibb, Carroll, Crawford, Douglas, Emanuel, Glynn, Jefferson, Jenkins, Johnson, Laurens, McIntosh, Truetlen, Twiggs and Wilkinson counties. Perdue’s May 16 request will …
New Hampshire Attorney General Kelly A. Ayotte and Insurance Commissioner Roger A. Sevigny reported the conviction of Donald Rankin for one count of theft related to a deceptive a workers’ compensation insurance claim. Officials said that Rankin, 53, of Goshen, …
Insurance professionals took note recently when a Franklin County, Ohio judge awarded $3 million plus legal costs to a family whose central-Ohio home became overrun with toxic mold, presumably caused by the contractor’s defective construction techniques and means. Immediately insurance …
While 98 percent of Americans claim to be safe drivers, a vast majority also admit to driving while distracted (DWD). That’s according to a survey by Nationwide Insurance which found that more than four out of five cell-phone owners are …
American International Group announced a $1 million (approximately 7 million RMB) donation to support relief and rebuilding efforts following the recent 7.9-magnitude earthquake that struck China’s Sichuan Province (See IJ web site https://www.insurancejournal.com/news/international/2008/05/12/89907.htm and following articles). AIG also announced that …