Attorneys hoping to lead the legal fight against BP Plc will descend on the unlikely venue of Boise, Idaho, this week as a special judicial panel considers how to bring order to a wave of spill-related lawsuits. A group of …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited, collectively …
Marsh’s London office announced the appointment of Martin Clark as its global Energy Practice Claims Leader. He will be based in London and will have overall responsibility for managing the claims of Marsh’s energy clients worldwide. Clark previously had responsibility …
Federal consumer safety officials are investigating a complaint that a Connecticut boy nearly strangled himself with a bracelet-like toy offered in a Happy Meal from McDonald’s, officials said Monday. Four-year-old Michael Stephan put the toy, part of the “Katara” character …
A 20-year-old man is going to prison for 21/2 years for setting a fire that destroyed parts of an abandoned paper mill in central Maine. Jack Russell Downs, of Gardiner, was sentenced Monday in Kennebec County Superior Court. But a …
The Connecticut Insurance Department said it recovered $591,000 last quarter for insurance buyers who complained to the state about coverage and claims issues. Department staff received 1,761 new complaints or inquiries from consumers in the second quarter, a slight uptick …
Storm damage in South Dakota has created a setback for construction on the Lewis and Clark Regional Water System. Two 7-million-gallon reservoirs being built near Tea, S.D., were heavily damaged in a storm late last week. Executive director Troy Larson …
Granite Bay, Calif.-based Sams & Associates Inc. has named Chet Davis vice president to lead the expansion of SAMS into Oregon and Washington. Davis has held leadership positions at Progressive Corp., AIG, and Travelers Insurance Companies. He possesses strong leadership …
Damage from last week’s flooding in Milwaukee County, Wis., now exceeds more than $28.5 million, according to Sheriff David A. Clarke Jr. He reported that 6,368 residential homes in Milwaukee County sustained damage totaling $16.8 million; 92 businesses sustained damage …
United Fire & Casualty Co., headquartered in Cedar Rapids, Iowa, reported that net premiums written in its property/casualty sector declined in the three-month and six-month periods ended June 30, 2010, as compared with the same periods of the prior year. …