Whether the nation needs a federal or other governmental program to deal with insurance costs and availability for natural catastrophes in U.S. coastal states was the central question at a public hearing in Mobile, Ala., Monday. Dozens of citizens gathered …
Fitch Ratings has upgraded the Issuer Default Rating (IDR) and senior debt rating of PMA Capital Corp. to ‘BBB-‘ from ‘BB-‘ and to ‘BB+’ from ‘B+’ respectively. Fitch also upgraded the Insurer Financial Strength (IFS) ratings of the three active …
The Montana Department of Labor says that 45 people were killed in the workplace last year. The agency says that number is down a bit from the previous year. The natural resource and mining industry was the most deadly, accounting …
Overland Park, Kan.-based Brooke Corp. was recently named in a lawsuit that alleges the company participated in fraud, negligence and violated the federal RICO Act (Racketeer Influenced and Corrupt Organizations Act). Arthur C. Mann, president of IGWT Insurance Services in …
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “a-” and the existing debt ratings of the UK branch of Old Mutual plc (OM). Best also affirmed the financial strength ratings (FSR) and ICRs of OM’s key European …
California officials and a Los Angeles company were alerted last year that lunch boxes the firm imported from China contained high amounts of lead, an environmental group said. The state Department of Public Health warned consumers on Thursday not to …
A South San Francisco company has recalled multiple lots of its Soy Deli-brand tofu after a package tested positive for a bacteria that can cause serious infections in children and the elderly, California health officials said. Quong Hop and Co. …
A Florence, Mont., man serving a 10-year prison sentence for setting wildfires on federal lands last summer has pleaded guilty to two counts of arson for fires on state lands. Jonah Warr pleaded guilty Thursday in state District Court to …
Zurich has named Kevin Dunham senior vice president and global relationship leader for the western region of its Global Corporate in North America business unit. Dunham is based in Glendale, Calif., and will manage accounts primarily in the southwest and …
New data from Towers Perrin indicate that the average corporate health benefit expenditure in 2008 will be $9,312 per employee — an increase of 7 percent over 2007. According to Towers Perrin’s annual Health Care Cost Survey, the 7 percent …
