Standard & Poor’s Ratings Services has affirmed its ‘BBB’ unsolicited counterparty credit rating on Markel Corp. However, S&P said the “outlook on Markel remains negative.” Credit analyst Taoufik Gharib explained: “The affirmation reflects Markel’s strong competitive position in the excess …
Firefighters investigating what they’ve described as the biggest blaze in Boston in decades say it was caused by some men setting off fireworks from the roof of a nearby building. Fire department Lt. Hank Sheridan said Tuesday the men caused …
An insurer has agreed to settle a sexual harassment claim against the embattled director of the Philadelphia Housing Authority. The settlement stems from a complaint filed by an ex-employee who says executive director Carl Greene groped her and made unwanted …
About 380,000 pounds of possibly tainted deli meat products sold in sandwiches at Walmart stores have been recalled by a New York food company. The Department of Agriculture’s Food Safety and Inspection Service said Tuesday that roast beef and ham …
Eastern Insurance Holdings said founder and CEO Bruce M. Eckert will step down at the end of the year and President and Chief Operating Officer Michael L. Boguski will assume the top executive for the role of president and chief …
Eight percent of all drivers, as many as 17 million people, have driven drunk at least once during the past year. The National Highway Traffic Safety Administration (NHTSA) released that data as the U.S. Department of Transportation kicked off the …
A bulletin from Aon UK, notes that Britain’s Insurance Fraud Bureau “has claimed that “crash for cash” schemes, in which car accidents are staged in order to claim on another drivers’ insurance, are at an all time high.” As a …
Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you get the fish, …
A Pittsburgh woman is facing arson charges after police say she set fire to her home after apparently arguing with her husband. The unidentified woman was arrested Tuesday morning after police say she set fire to the family home in …
Travelers Insurance has won a $262 million judgment against a group of reinsurers that refused to pay a portion of a nearly $1 billion settlement in asbestos claims the insurer paid in 2002. The award by a New York Supreme …