QBE’s former CEO Frank O’Halloran’s retirement didn’t last long. Following discussions with the company he headed until last August, it’s been agreed that any anti-competition clause following his retirement will not prevent him from joining and becoming Chairman of the …
Markel has launched a revamped IT professional policy, with a complete overhaul of the existing form. In addition to basic professional liability, the policy now includes configurable first and third party data privacy and security coverage, general liability and media …
A jury has awarded a Charlotte, North Carolina couple $1.7 million in a lawsuit against a local restaurant in connection with a head-on collision that killed the couple’s unborn son. Attorneys for Matt and Meredith Eastridge said 25-year-old David Canter …
The incoming Florida House speaker is asking the chairman of the state-backed Citizens Property Insurance Corp. to postpone a key depopulation strategy to give lawmakers a chance to review it. Speaker-designate Will Weatherford, a Republican, wrote Citizens’ board chairman Carlos …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of new York-based Sirius America Insurance Company, both with stable outlooks. Sirius America’s ratings “reflect its enhanced risk management strategy, its strategic …
A.M. Best Europe – Rating Services Ltd. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B-‘ (Fair) and issuer credit rating of “bb-” of Nigeria’s Leadway Assurance Company Limited. Best explained that its …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of OneBeacon Insurance Company and its six pooled and four reinsured affiliates, collectively referred to as OneBeacon Insurance Group. Best …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Sweden’s Sirius International Insurance Corporation (publ). Best also affirmed the ICR of “bbb” and …
A federal appeals court has upheld the dismissal of Missouri Lt. Gov. Peter Kinder’s lawsuit challenging the federal health care law. The Kansas City Star reported that a three-judge panel of the 8th U.S. Circuit Court of Appeals concluded that …
St. Bernard and Lafayette parishes will be able to hire more firefighters under federal grants they’re getting. U.S. Sen. Mary Landrieu, D-La., said St. Bernard is getting $3.5 million and Lafayette $1.7 million under Federal Emergency Management Agency grants that …
