A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating of “bbb-” of Inter-Industry Insurance Company Limited (III), which is based on the Isle of Man, and its wholly owned subsidiary, Insurco Ltd. …
A tornado that leveled half a town in northeast Iowa and killed seven people was the strongest to hit the state in 32 years, the National Weather Service said on May 27. The twister, three-quarters of a mile wide with …
Crews in Hugo, Minn. worked to restore electricity and natural gas and insurance agents went door-to-door as this small suburb got back on its feet after the devastating storm that killed a toddler and flattened homes. Mayor Fran Miron said …
Disaster victims might one day watch their homes and communities be rebuilt from the cool comfort of a front porch. The porches are a feature of prefabricated cottages designed for Hurricane Katrina’s victims as an alternative to travel trailers issued …
State officials say damage from the tornado that hit north metro Atlanta last week now totals more than $40 million. The tornado that touched down on May 20 caused extensive damage in Cherokee, Cobb, north Fulton and Forsyth counties. Georgia …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the domestic life and retirement services subsidiaries of American International Group, Inc. (AIG). Best also removed these ratings from …
Federal regulators have cited a Rhode Island construction company for 15 alleged safety violations and proposed nearly $240,000 in fines for a building collapse in Taunton that injured eight employees. The U.S. Department of Labor’s Occupational Safety and Health Administration …
Records obtained by a Charleston, South Carolina, newspaper show the city has spent or plans to spend more than $7.4 million after the fire that killed nine firefighters last year. The Post and Courier of Charleston reported that it obtained …
The Mississippi Supreme Court has agreed to hear the appeal of a Meridian doctor and clinic, who were sued by a woman who complained that postoperative care after her hip replacement was substandard. A Lauderdale County judge dismissed Harriet Cantrell’s …
Living on a canal in Treasure Island, Fla., just six blocks from the Gulf of Mexico, Dennis and Martie Fagan don’t mess around when it comes to preparing for hurricane season. Around this time of year, they take stock of …