The Connecticut Supreme Court reinstated a lawsuit Wednesday brought by the owners of a dump truck involved in a fiery crash in Avon in 2005 that killed four people and injured 11 others.In its decision, the high court overturned a …
A federal appeals court says a western Pennsylvania woman isn’t entitled to a new trial on her claim that an accounting error by Ernst & Young cost her $103 million. The Pennsylvania Superior Court two years ago threw out a …
The New England Seismic Network says a small earthquake shook parts of western Maine early Thursday morning. According to Weston Observatory at Boston College, the earthquake happened at 2 a.m. and had a magnitude of 2.5. It was centered about …
Tupelo aldermen have approved an ordinance that requires motorists to switch lanes or provide a 3- to 6-foot buffer zone when passing someone on foot, horseback, bicycle, motorcycle, scooter or farm equipment. Liria Frerer told aldermen this week that her …
A Gorham, Maine, teenagerhas been charged with arson for allegedly setting fire to a vacant building that serves as a popular hangout for skateboarders. According to the state fire marshal’s office, 19-year-old Brandon Davis was arrested Wednesday at his home, …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of “bbb” and debt ratings of Assurant. At the same …
A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $350 million 8.00 percent 30-year senior unsecured notes due 2039 of Transatlantic Holdings, Inc. (TRH) with a stable outlook. Standard & Poor’s Ratings Services assigned the …
A Florida jury Thursday ordered cigarette maker Philip Morris USA to pay $300 million in damages to a 61-year-old ex-smoker named Cindy Naugle who is wheelchair-bound by emphysema. The Broward Circuit Court jury assessed $56.6 million in past and future …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reinsurance Africa Limited, both with stable outlooks. The ratings reflect the company’s” strong risk-adjusted capitalization as well as …