A.M. Best Europe – Rating Services Ltd has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 510, which is managed by R.J. Kiln & Co Ltd. Best also affirmed …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Macau Insurance Company Limited (MIC). Best also affirmed the FSR of ‘A-‘ (Excellent) …
Standard & Poor’s Ratings Services has revised its outlook on Selective Insurance Group Inc. (SIGI) and its operating subsidiaries (collectively, Selective) to stable from negative. S&P also affirmed its ‘BBB’ counterparty credit rating on SIGI and its ‘A’ counterparty credit …
Following detailed analysis of property damage from the Darfield, New Zealand, earthquake, Risk Management Solutions said it “estimates that total insured losses will fall between NZD 2.1 billion (US$ 1.5 billion) and NZD 3.5 billion (US$ 2.5 billion).” RMS said …
A federal judge has ordered Southern California’s Metrolink system and Connex Railroad to deposit $200 million to compensate victims of a 2008 commuter train disaster, but has yet to decide whether to approve the settlement. Judge George H. Wu ordered …
Kansas’ aging natural gas transmission pipelines have killed one person, injured five and caused more than $15 million in damage since 2002. Gas companies and their contractors suffered four of those injuries and all but $744,000 of damages. The lone …
Mike Unhjem, a longtime Blue Cross Blue Shield of North Dakota chief executive who was fired last year because of publicity about an employee trip to the Grand Cayman Islands, was found dead at his Fargo home, police said Sept. …
Cincinnati police are placing notes on cars parked around the city, cautioning owners not to leave laptop computers, GPS devices or other equipment in their vehicles where it can be seen by would-be thieves. Police say the “vehicle security report …
Caliber Collision Centers, an Irvine, Calif.-based operator of collision repair facilities in California and Texas, has announced the opening of Caliber Collision Centers El Paso – Montana, a new facility located in El Paso, Texas. The new Caliber El Paso …
Texas recorded a preliminary total of 480 work-related fatalities in 2009, a 4 percent increase compared to the revised 2008 total of 463 fatalities.the Texas Department of Insurance, Division of Workers’ Compensation has reported. Nationally, there were 4,340 fatal work …