Standard & Poor’s Ratings Services announced that all of its ratings on Triad Guaranty Inc.(TGIC), currently ‘BB’, and its mortgage insurance subsidiary, Triad Guaranty Insurance Corp. (Triad), currently ‘BBB’, “will remain on CreditWatch with negative implications.” Credit analyst James Brender …
Government scientists believe a fleet of small unmanned airplanes sent to hurricanes’ cores could lead to revolutionary advances in storm forecasting and measurement. The drones are able to fly far lower than manned hurricane hunter planes and can beam back …
Police said a vengeful teenager who heard that her ex-boyfriend had taken another girl to the high school prom set his house on fire, leaving his family of 10 with no place to live. Shanta Dargbeh of Bristol Township, Pennsylvania, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Hartford Insurance Pool and its P/C members. Best also affirmed the ICR of “a”, for the debt ratings …
Railway officials do not publicize the types of dangerous chemicals that pass every day through communities like Lafayette, La., citing safety concerns in the post-Sept. 11, 2001, world. But even first responders often don’t know what they’re facing when racing …
Fire investigators say a blaze at a two-story building in Rehoboth Beach caused $180,000 in damage. The fire occurred Wednesday in the 4000 block of Coastal Highway at a building with a medical office on the first floor and an …
The alleged mastermind of a more than $1 million insurance fraud scheme in Philadelphia has been arrested, and investigators say they expect lawyers and doctors to also be charged. District Attorney Lynne Abraham says the ‘staged’ accidents were set up …
Coastal communities in Massachusetts should encourage property owners to elevate their buildings to avoid future flooding and storm surge damage, according to officials advising on storm mitigation efforts. In addition to protecting the structures, raising houses above floodwaters can save …
The nation’s annual forecast about how many hurricanes the Atlantic Ocean will churn up is now more like the daily weather report. Forecasters added probabilities to their 2008 report. It’s the same sort of caveat that television meteorologists use in …
The ACE Group of Companies announced that the ACE Foundation – International has made a $1 million contribution to the Red Cross Society of China to support emergency relief efforts following the earthquake that struck China’s Sichuan Province. ACE joins …