A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Bermuda-based PaCRe Ltd., both with stable outlooks. The ratings of PaCRe are based on its “excellent risk-adjusted capitalization as measured by …
Sympathetic statements by a doctor over a patient’s unexpected medical outcome can’t be admitted as evidence in medical malpractice cases filed after the date a law intended to outlaw their use went into effect in 2004, the Ohio Supreme Court …
The federal government is going after Lance Armstrong‘s money. As much as it can get. The Justice Department unveiled its formal complaint against Armstrong on April 23, saying the cyclist violated his contract with the U.S. Postal Service and was …
Los Angeles has the worst traffic in the nation, according to a new report. The Los Angeles Times reported LA beat out Honolulu for jam leader in the 2012 scorecard from traffic information firm INRIX. The scorecard says the average …
The University of Nevada’s world-renowned earthquake laboratory has launched a nearly $4 million research project aimed at making nonstructural parts of buildings more earthquake proof. Engineers at the school’s Large-Scale Structures Lab cranked up three 50-ton capacity shake tables on …
The Idaho Transportation Department this week agreed to new regulations allowing transgender drivers to change the sex designation on their driver’s licenses without a note from a surgeon, after two people complained that previous policy violated their civil rights. In …
The Connecticut State Bond Commission is expected to approve funding for repairs and improvements to Connecticut recreation and maintenance facilities damaged by Superstorm Sandy. Gov. Dannel P. Malloy announced Tuesday the commission, which he chairs, will vote Friday on $1.7 …
Georgia joined dozens of other states on Tuesday with a law aimed at educating parents and coaches about the risks of youth concussions and placing restrictions on when a young athlete can return after suffering a serious head injury. Gov. …
Having gotten only so far with “friendly persuasion,” the Jersey shore community that was hardest hit by Superstorm Sandy is ready to take out the stick. Mantoloking is preparing to use eminent domain to take control of small strips of …
The Hartford recently named John Kinney as the company’s chief claims officer and also as president of Heritage Holdings, a unit which oversees The Hartford’s domestic and international property/casualty run-off operations. He succeeds Andrew Pinkes, who recently joined XL Group’s …
