A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit rating (ICR) to “aa-” from “a” of Agri General Insurance Company (AGIC) of Johnston, Iowa, and has removed the ratings from …
A.M. Best Europe – Rating Services Limited has commented that the rating of Australia’s QBE Insurance Group Limited is “unchanged following the announcement that it has entered into a ten-year distribution agreement with Bank of America Corporation for lender-placed and …
The city of Los Angeles discriminates against disabled people because it lacks specific plans to meet their needs in the event of a natural disaster or other emergency, a federal court ruled. This is the first such decision in the …
Citigroup Inc. won a victory over actor Larry Hagman this week when a judge threw out an arbitration award against the bank for over $11 million in damages. Hagman, the actor who played the nefarious J.R. Ewing in the 1980s …
Because cyber crime has developed into a problem with potentially catastrophic consequences, cyber risk is arguably one of the single greatest threats facing companies today. The 2009 Computer Crime and Security Survey conducted by the Computer Security Institute found that …
A former official with BP’s drilling operations in the Gulf of Mexico resigned just months before last year’s oil spill because of disagreements with the oil giant over its commitment to safety, according to a class-action federal lawsuit related to …
The U.S. Geological Survey has recorded two small earthquakes near Greenbrier in central Arkansas. The U.S.G.S. reports a quake with a preliminary magnitude of 2.6 was recorded at 3:53 a.m. on Feb. 16 about three miles northeast of Greenbrier and …
The Washington County sheriff says 500 smoke alarms donated to the county will be distributed to homes that need them through volunteer fire departments. Sheriff Tim Helder said the Kidde brand alarms were given to the county by the National …
The Missouri Supreme Court has ruled that former Kansas City superintendent Bernard Taylor can’t be sued over a stabbing of a high school student. The court ruling reaffirmed a federal statute that says teachers and administrators who are faithfully performing …
Federal prosecutors say the supervisor of a renovation project at the Equitable Building in Des Moines, Iowa, has pleaded guilty to two asbestos-removal charges. The U.S. attorney’s office say Russell Coco pleaded guilty to conspiracy to violate the Clean Air …