A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Bermuda-based Platinum Underwriters Group and its members. Best also affirmed the ICR of “bbb” of Platinum Underwriters Holdings, …
Local governments in Iowa would have to prepare floodwater management standards in flood plain areas under legislation approved in the Senate. State Sen. Pam Jochum, the main backer of the measure, says the Legislature cannot afford not to establish the …
A private elementary school in West Virginia’s Jefferson County was forced to cancel classes because it doesn’t have fire alarms or sprinklers now has other issues to address. The State Fire Marshal’s Office is requiring Bolivar Christian Academy to remedy …
Standard & Poor’s Ratings Services announced that its insurer financial strength rating and outlook on Lloyd’s (Lloyd’s or the Market; A+/Stable/–) “are unaffected by full-year results reported by the Market for the financial year ended Dec. 31, 2008.” S&P reviewed …
Normally, a 2008 BMW M3 or 3 Series sedan in excellent condition would sell for between $35,000 and $42,000 in a private party transaction, depending on mileage and equipment. For some Jones County buyer who possibly thought they were getting …
Since 1993, The American Contractors Agency (ACA) has provided specialty services, products and resources to thousands of professional contractors. HUNDREDS of contractors each month request GENERAL LIABILITY INSURANCE QUOTES from The ACA. Effective March 30, 2009, we have new territories …
U.S. Equal Employment Opportunity Commission (EEOC) reports that workplace discrimination charge filings with the federal agency nationwide soared to an unprecedented level of 95,402 during Fiscal Year (FY) 2008, which ended Sept. 30. This level is a 15 percent increase …
University of Oklahoma football coach Bob Stoops and other homeowners have prevailed in a lawsuit against the developers of the exclusive northwest Norman subdivision in which they live. Cleveland County District Judge Tom Lucas ruled on March 13 that the …
The Texas Department of Insurance released the “Texas Homeowners Insurance Loss Data 1992-2008” report, which shows an estimated incurred loss ratio for 2008 at a record high of 127.0, and a combined loss and expense ratio at 165.0. Estimated losses …
Three northeast states have the lowest crime rate, while Nevada, Louisiana and South Carolina have the highest crime rate, according to a new study. New Hampshire (1) received the lowest crime rate ranking again this year, followed by Vermont (2) …