Standard & Poor’s Ratings Services has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.0 billion senior notes. The notes will have various maturity dates. At the same time, S&P placed the ‘AAA’ rating on these …
Standard & Poor’s Ratings Services has stated that its ratings on Bermuda-based RenaissanceRe Holdings Ltd. (currently ‘A’ with a stable outlook) and related entities are not affected by the announcement of several management changes at the organization. S&P referred to …
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Fireman’s Fund Insurance Companies, which includes Fireman’s Fund Insurance Company, based in Novato, Calif. and its intercompany pool participants and …
Missouri Attorney General Chris Koster reported that his office saw a dramatic increase in the amount of collections and convictions for workers’ compensation fraud and for noncompliance with mandatory workers’ compensation insurance coverage in 2009. According to Koster, his office …
The U.S. Geological Survey has recorded another small earthquake near Jones in central Oklahoma. No injuries or damage have been reported. The magnitude 2.8 quake was recorded at 11:16 p.m. Jan. 10 about 15 miles northeast of Oklahoma City. It’s …
Addressing the fact that workplace incidents can be prevented through design, such as during the designing and construction of a new manufacturing plant, the American Society of Safety Engineers’ (ASSE) recently launched an initiative to establish guidelines for better workplace …
A woman who contracted Legionnaires’ disease after staying at a Vermont hotel in 2008 has been awarded about $490,000 by a jury. The Rutland Herald Reports the lawyer for 57-year-old Gail Stevens of Bennington says she’s pleased with the amount. …
The New Hampshire House is holding hearings on two bills today that would prevent the state from requiring sprinklers in homes. The bills would stop the state from enforcing amendments to building codes that expand requirements for sprinkler systems. Last …
Southaven, Mississippi has been awarded a $2.1 million hazard mitigation grant to deal with flood conditions in the Autumn Woods subdivision. The grant from the Mississippi Emergency Management Agency and the Federal Emergency Management Agency will help mitigate flooding that …
Barred from using lead in children’s jewelry because of its toxicity, some Chinese manufacturers have been substituting the more dangerous heavy metal cadmium in sparkling charm bracelets and shiny pendants being sold throughout the United States, an Associated Press investigation …