DeKalb, Ill.-based Northern Illinois University (NIU) officials say the school has added 16 full-time security officers. NIU Lieutenant Todd Henert says the Public Safety Department now has 59 full-time officers. NIU Police Chief Don Grady says security guards have also …
A judge has upheld the verdict in the case of a North Dakota couple who were awarded more than $2 million in a lawsuit against an insurance company. Timothy and Sylvia Moore of Mountain sued American Family Insurance after fire …
The Occupational Safety and Health Administration proposed $138, 500 in penalties for a Cullman, Alabama-based company for 31 safety and health violations. AAR Summa Technology has been singled out by the agency for 26 safety violations. OSHA said its inspectors …
A four-year battle between Charleston Area Medical Center and a surgeon over malpractice insurance is over. CAMC’s trustees agreed Aug. 27 to pay $11.5 million to Dr. R.E. Hamrick Jr. Hamrick agreed to end his legal case against the hospital. …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘B’ (Fair) and issuer credit rating (ICR) of “bb” of Ontario-based York Fire & Casualty Insurance Company under review with developing implications. “These rating actions are a result of …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B’ (Fair) and the issuer credit rating (ICR) to “a-” from “bb+” of Arkansas’ American Underwriters Insurance Company (AUIC) with stable outlooks. “These rating actions follow …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , QBE Insurance (International) Limited of Australia and QBE Reinsurance (Europe) Limited (QBE Re), which …
The Bermuda-based Max Capital Group has appointed Kevin C. Werle as Executive Vice President and Chief Risk Officer. He is an experienced insurance industry veteran, who most recently served as Vice President responsible for risk management, information technology, and quantitative …
“Gustav looks set to make landfall early next week as it continues to intensify along its path. Forecasts suggest that it will strike on the US Gulf coast on Tuesday morning, potentially as a category 2 or 3 hurricane,” according …
Allianz SE is set to sell control of Dresdner Bank to Commerzbank AG, a source with direct knowledge of the matter said on Friday. The deal would fuse Germany’s second and third largest banks. Taking over Dresdner, which analysts estimate …
