A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. The ratings of Continental Re reflect its “strong risk-adjusted …
Police have arrested a Central Oregon man accused of starting a wildfire that burned a Klamath County cabin and forced the temporary evacuation of about 120 homes. Kelly Parker, 30, of La Pine pleaded not guilty Tuesday afternoon to charges …
True-crime author Ann Rule is suing a weekly Seattle newspaper, saying she was defamed in 2011 when the fiance of a convicted killer wrote a lengthy article accusing her of “sloppy storytelling.” The lawsuit, filed in King County Superior Court …
Hearings in drunken driving cases are being postponed as the State Law Enforcement Division works to restore a computer server containing 22 years’ worth of evidence. SLED spokesman Thom Berry said the database of suspects’ Breathalyzer tests has been down …
The government should set performance standards for new safety technology that allows cars and trucks to talk to each other and then require the technology be installed in all new vehicles, a federal accident investigation board recommended this week. The …
Insurance costs for the renewable energy industry may more than triple to $2.8 billion by 2020 as projects become more complex and risky, a report commissioned by Swiss Re Ltd. found. The report by Bloomberg New Energy Finance examined markets …
A Tampa-area woman has sued US Airways, saying she was injured after a rough landing at Tampa International Airport. Nancy Linker, who is 48, said in the lawsuit that she was hospitalized after the front tires of US Airways Flight …
A former North Carolina legislator who was seriously injured in a 2011 car crash is suing the estate of the man killed in the accident as well as the bar which he says served the victim too much alcohol. The …
Ace Ltd. Chief Executive Officer Evan Greenberg said the influx of Wall Street capital into the reinsurance industry is pressuring rates and that he is prepared to cut sales of backstop coverage. Prices for catastrophe reinsurance have declined about 5 …
Carnival Corp., Royal Caribbean Ltd. and Norwegian Cruise Line Holdings Ltd., the target of proposed legislation after high profile mishaps at sea, will voluntarily publish more data about crimes on their cruises. Adam Goldstein, president and chief executive officer of …
