The Roman Catholic Archdiocese of Boston claims in a $10 million lawsuit filed against Whirlpool Corp. that a faulty refrigerator caused a fire that destroyed a Weymouth, Mass., church. The complaint filed in Norfolk Superior Court alleges Sacred Heart Church …
The Bermuda-based OneBeacon Insurance Group announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). Standard & Poor’s announced that it “has assigned its preliminary ‘BBB’ senior debt, ‘BBB-‘ subordinated debt, …
Boston-based AIR Worldwide Corporation (AIR) announced that Barbican Insurance Group has licensed its catastrophe risk management systems. Barbican trades as Lloyd’s Syndicate 1955 and writes a broad range of Property Direct & Facultative, Casualty Treaty, Marine Treaty and UK regional …
July 3 2008 – Unitrin Specialty and Red Shield Insurance Company announced today that the two companies have formed a marketing relationship that will benefit both company’s appointed agents in Oregon and Washington. Unitrin Specialty offers commercial auto coverage and …
The deadline is fast approaching for northern Maine residents and business owners to apply for disaster assistance to help in the recovery from spring floods. Officials say those seeking aid have until July 8 to file applications with the Federal …
City and Red Sox officials say Fenway Park is safe despite what appear to be just cursory annual safety inspections of the 96-year-old stadium. According to a report in The Boston Globe, the safety inspection record on file at city …
Legislation to improve safety in Pennsylvania’s approximately 200 bituminous coal mines was poised to become law after a marathon negotiation yielded a compromise bill endorsed Monday by both the coal companies and mine workers union. The state Senate unanimously approved …
The U.S. Consumer Product Safety Commission, in cooperation with the firms named below, announced a voluntary recall of the following consumer products. Consumers should stop using recalled products immediately unless otherwise instructed. 1.Stanley Furniture Recalls Cribs Due to Entrapment Hazard …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Darwin Group and its members under review with positive implications. Best also said the FSR of ‘A- (Excellent) and …
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Markel Corp. to ‘BBB’ from ‘BBB-‘ and affirmed a stable. S&P said: “The upgrade is based on Markel’s strong competitive position in excess and surplus (E&S) and specialty …