A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Greenlight Reinsurance, Ltd., as well as the ICR of “bbb-” of Greenlight Re’s holding company, Greenlight Capital Re, Ltd. “The …
A West Virginia asbestos fraud case filed by CSX Transportation against a Bridgeport radiologist and a Pittsburgh law firm has been dismissed. The trial was to begin this week, but U.S. District Judge Frederick Stamp dismissed claims of fraud and …
Florida Gov. Charlie Crist has appointed Neal P. Pitts of Orlando as judge of Compensation Claims, succeeding Ivy Cream Harris in the Jacksonville district. Pitts, 55, has been a sole practitioner since 1987 and from 1983 to 1985. He has …
Recently enacted legislation that seeks to criminalize present day ambulance chasing is under attack by a small group of health professionals and lawyers who want to continue the practice, says the Texas Committee on Insurance Fraud, an industry group of …
A. M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Mexico’s Grupo Nacional Provincial, S. A.(GNP). Best said the “ratings reflect GNP’s …
The Fray songwriting duo of Joseph King and Isaac Slade filed a lawsuit against their manager over the copyrights to their songs. King and Slade, who wrote the 2005 hits “Over My Head (Cable Car)” and “How to Save a …
Federal authorities say a southcentral Pennsylvania man is agreeing to plead guilty to conspiring to use personal information from drunken-driving defendants’ court records in an identity-fraud scheme. Federal prosecutors said Tuesday that 37-year-old Donald Stoner of Lancaster County used court …
Ohio University has agreed to pay $500,000 to a student who had an epileptic seizure and fell face-first into a fire during a wilderness trip. The family of Christopher Mance of South Easton, Mass., in suburban Boston, had sued the …
In a new survey by Deloitte Financial Advisory Services, only 31 percent of respondents indicated that their company had in place a “comprehensive FCPA (Foreign Corrupt Practices Act) compliance program.” Only 32 percent of respondents said their company addresses FCPA …
Government minimum flood elevation requirements for properties vulnerable to storm surge throughout the Gulf Coast region are “woefully inadequate,” according to a new study of property damage caused by Hurricane Ike, which struck the Bolivar Peninsula near Galveston, Texas one …