Standard & Poor’s Ratings Services has revised its outlook on XL Group Ltd. and its subsidiaries to stable from negative. S&P also affirmed its ‘A’ counterparty credit and financial strength ratings on XL Group’s core insurance subsidiaries and its ‘BBB+’ …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of National Guaranty Insurance Company of Vermont (NGIC), both with stable outlooks. The ratings reflect NGIC’s “excellent capital position, consistently profitable operating …
The U.S. Attorney’s Office announced the indictments of six controlling officials of National Prearranged Services Inc., in a 50-count indictment charging wire, bank, mail, and insurance fraud; money laundering; and multiple conspiracy charges involving the sale of pre-paid funeral services. …
All but one of the escalators are back in service following a mishap that left five Jets fans injured at New Jersey Transit’s Secaucus Junction train station. NJ Transit spokesman Dan Stessel says they were going up when the 25-foot …
The estate of an Ecuadorean immigrant killed in a 2008 confrontation with a mob of Long Island teens has filed a $40 million federal civil rights lawsuit. The suit filed Monday claims local police and elected officials allowed an atmosphere …
Paula Reid was cruising at the speed limit on U.S. 460 in Virginia, near Montvale, her big BMW sedan slicing through the dark highway’s miles. Then, thwack. “Out of nowhere she hit me,” Reid, 49, of Roanoke said of the …
DuPont will likely seek to sequester jurors in a 2011 trial that could determine whether it must pay hundreds of millions of dollars in damages to some 8,500 West Virginians who won a toxic-exposure case three years ago. At a …
Fishermen and business owners stung by a summer of lost revenue from the Gulf of Mexico oil spill have until Wednesday to file their compensation claims for short-term damages, but accepting a settlement check is a gamble. Many will eventually …
A Vermont rescue official says a telecommunications worker who fell 60-feet off a tower in Hartford was in better condition than someone should have been after falling so far. The name of the 35-year-old worker from Massachusetts was not released. …
The owner of a Vinton, Iowa, restaurant has pleaded guilty to federal immigration and Medicaid fraud charges. The U.S. attorney’s office in the Northern District of Iowa says 41-year-old Phung Ca Long, of Vinton, pleaded guilty to conspiring to harbor …