Standard & Poor’s Ratings Services has assigned its ‘A-‘ counterparty credit and financial strength ratings on Max Capital Group Ltd.’s operating insurance and reinsurance companies. S&P also raised its counterparty credit rating on Max Capital Group Ltd. to ‘BBB’ from …
August 26, 2009 – Kinnelon, NJ – Synergy Professional Associates announces new broadened policy language to their Lawyers Professional Liability Program, which focuses on small hard-to-place law firms. The new policy provides the following coverage enhancements include Loss of Earnings; …
Florida property insurers are warning residents that a major hurricane is likely this season given the state’s history of storms. At the same time, the industry says the state-backed catastrophe reinsurance fund, the Florida Hurricane Catastrophe Fund, and the state’s …
Eli Lilly & Co. will pay $22.5 million to settle a federal lawsuit filed by the West Virginia Attorney General’s Office over the popular anti-psychotic drug Zyprexa. In the settlement, the Indianapolis-based company agreed to pay $15.75 million to West …
After nearly 70 days of testimony, a federal case involving thousands of acres of herbicide-damaged farmland neared an end last week as attorneys in Idaho gave closing arguments over who was to blame for the damage. More than 100 people …
A Baton Rouge, La., woman initially believed to be at fault in an Interstate 12 crash that killed three members of a Mississippi family last summer is suing Waste Management Inc. and the company truck driver later blamed for causing …
The Idaho Supreme Court is considering whether a judge was wrong to throw out a jury decision awarding $750,000 to a woman whose two-year-old son died after surgery to repair a dog bite wound. Attorneys for Melinda Coombs and Drs. …
Officials in the central Illinois community of Williamsville estimate about $10 million of damage after a tornado hit last week. Williamsville Village President Thomas Yokley says the community is in better shape after a clean-up program and another could be …
Louisiana Citizens Property Corporation will now pay a group of attorneys in a class action lawsuit $6 million in order to go forward with the appeal of a $95 million award against the state backed insurer of last resort for …
Firefighters have surrounded three wildfires that have been burning throughout California for weeks. The California Department of Forestry and Fire Protection says that a wildfire that consumed about 7,800 acres (3,157 hectares) in Santa Cruz County was 100 percent contained …