A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of Arab Misr Insurance Group S.A.E. (GIG-Egypt), both with negative outlooks. “The ratings of GIG-Egypt benefit from its …
A federal judge has thrown out Viacom Inc.’s lawsuit accusing Google Inc. of posting its programs on YouTube without permission, a year after a federal appeals court had revived the landmark copyright infringement case. For the second time in three …
Despite being located within a short walk of a nursing home, school and residential buildings, West Fertilizer Co. in central Texas had no blast walls and had filed no contingency plan to the Environmental Protection Agency for a major explosion …
Standard & Poor’s Ratings Services has updated its enterprise risk management (ERM) opinions for all of its rated North American and Bermudian insurance companies. S&P explained that an “insurer’s ERM program is a system of processes and practices that aims …
Standard & Poor’s Ratings Services in a report titled “The Recent Outlook Revision On Bermuda Does Not Affect Bermudian (Re)Insurers“, said that “despite the recent outlook revision on the sovereign credit rating on Bermuda to negative from stable, our counterparty …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of French reinsurer Caisse Centrale de Réassurance (CCR); however, both ratings continue to have a negative outlook. The …
Bermuda-based Endurance Specialty Holdings Ltd. announced that Daniel Wadley has joined the company as Executive Vice President and Head of its new Endurance Pro insurance unit. He will be responsible for growing the specialty business unit, which offers Errors & …
Warwick, RI, 4/19/13 – Astonish, a leading digital marketing solutions and sales training provider for insurance agencies, encourages local insurance agency principals, CEOs, and presidents in Michigan and surrounding areas to attend a free one-day sales and marketing training event …
A lawsuit filed by William Faulkner’s heirs over a quote in the Woody Allen film “Midnight in Paris” has been scheduled for trial April 7, 2014, in U.S. District Court in Oxford, Mississippi. The Faulkner estate sued Sony Pictures Classics …
The Texas Department of Insurance (TDI) reports it is working in conjunction with other public agencies in responding to the April 17 fire and explosion at a fertilizer facility in West, Texas, which resulted in fatalities, serious bodily injuries and …
