While the property/casualty industry still appears to have strong reserves, overall its position began to deteriorate in 2007, according to a new study by Conning Research and Consulting Inc. “The property-casualty industry’s reserve position began to deteriorate slightly in 2007, …
Bottling is resuming at a Utica, New York brewery damaged by a serious fire a month ago. F.X. Matt Brewing Co. President Nicholas Matt says those bottles will be shipped to stores Monday and on shelves in time for Independence …
A former Lafayette, La., insurance producer has been arrested, and issued a cease and desist order, a license revocation and a fine notice for alleged misappropriation of funds and felony theft, the Louisiana Department of Insurance announced. Jenifer Leigh Leger, …
The ability of customer service representatives to resolve customer issues is the most critical driver of customer satisfaction, loyalty, and word of mouth recommendations. Yet one in five customers report their experience with a customer service representative at a call …
A.M. Best Co. has commented that the ratings of Bermuda-based Allied World Assurance Company Holdings, Ltd. and its subsidiaries remain unchanged following the recent announcement that the company has entered into a definitive agreement to acquire Darwin Professional Underwriters, Inc. …
As fuel costs keep climbing, farmers and police say thieves are beginning to target off-road diesel tanks kept in fields throughout south Arkansas. In Desha County, about 3,000 gallons of off-road diesel have been reported stolen in six major thefts. …
Floodwaters receding into the Mississippi River and its tributaries will suck billions of dollars out of the Midwest’s economy, though experts have not agreed on whether the damage will be as devastating as the 1993 flooding. The impact on U.S. …
A former hockey player at Watertown High School in Connecticut who had filed suit accusing teammates of hazing him and using homosexual slurs is receiving a $30,000 settlement. The Waterbury Republican-American has obtained the settlement amount under a Freedom of …
Experts believe that many of Iowa’s flood-damaged homes could be repaired , if their owners can find the cash. Record flooding this month ravaged thousands of Iowa homes, leaving behind mud and debris. Most of the houses affected are decades …
Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …