An Maryland man who set fire to his apartment building in a botched suicide attempt was given an eight-year sentence. Forty-three-year-old John Bushman Jr. was sentenced Tuesday in Frederick by Circuit Judge Theresa M. Adams who suspended the rest of …
A windstorm that hit Washington in Nov. 15 may have been nasty for those impacted, but early data from the PEMCO Storm Index shows that it was relatively minor when compared with Washington’s severe weather events of the past quarter-century. …
A moderate earthquake centered near Schuyler has rattled eastern Nebraska. The U.S. Geological Survey says the quake occurred at 7:02 a.m. CST on Nov. 18. The USGS set the preliminary magnitude at 3.3 and says the quake occurred about three …
Illinois is seeking public comment on the structure, governance and financing of an online insurance exchange. Individuals and small businesses would be able to shop for health coverage through the exchange. The nation’s new health overhaul law requires the exchanges …
The state of Louisiana has awarded $30 million in hurricane recovery money to 55 municipalities in parishes hit by Hurricanes Gustav and Ike. The Office of Community Development says the grants will improve infrastructure and disaster response capabilities. The state …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of the U.S. subsidiaries of Zurich Insurance Company Limited (ZIC), including the lead company of …
The city of Barberton, Ohio, has agreed to pay $5.25 million to settle a civil lawsuit filed by a man wrongfully imprisoned for rape and murder, its law director said. The Akron suburb reached the settlement on Nov. 15 in …
The Iowa Department of Natural Resources says projects to stabilize the Lake Delhi dam and the former lake bed are nearly complete. When the dam was breached last July draining the lake, silt that had built up was gradually released …
A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit rating (ICR) to “aa-” from “a+” of Zurich Insurance Company Limited (ZIC), the main operating company of …
A.M. Best Co. and Standard & Poor’s Ratings Services have both placed their credit and financial strength ratings on RenaissanceRe’s U.S. insurance companies under review with negative implications. The actions follow yesterday’s announcement that RenRe has entered into a definitive …