A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, …
Weather experts said it’s unusual for deadly tornadoes to develop a few weeks apart in the U.S. But what made the two storm systems that barreled through a Missouri city and the South within the last month so rare is …
An administrative law judge has ordered two major coal producers, Massey Energy Co. and Peabody Energy Corp., to turn over information about coal mine accidents, injuries and work-related illnesses, federal regulators said. The federal Mine Safety and Health Administration said …
Bayer AG has been hit with a wider U.S. lawsuit, accusing Germany’s largest drugmaker of discriminating against women in pay, promotions and pregnancy leave and fostering a hostile work environment. As it did when the case was first filed on …
Corporate whistleblowers could score multi-million-dollar payouts for reporting financial wrongdoing under a new program approved by U.S. securities regulators on Wednesday. A divided U.S. Securities and Exchange Commission voted 3-2 to finalize the measure that has grown into one of …
YourHomeStuff, a community connecting website designed specifically for homeowners has launched at www.yourhomestuff.com. YourHomeStuff simplifies the process of maintaining and protecting a home, and managing family and other community activities. It can also help homeowners save time and money on …
The number of independent agents using real-time upload increased 16 percentage points from 2009 to 2011, says a new industry study. In IVANS’ 2009 Insurance Agents, Carriers & Technology Survey, only 36 percent of agents reported using real-time upload, but …
Travelers has unveiled new property coverages through its IndustryEdge product for healthcare organizations. New coverages include: Ordinance or Law – Communicable Disease Contamination Coverage – This coverage pays the costs incurred to clean up and remove communicable disease contamination from …
of American International Group Inc. fell 3.6 percent Wednesday after the insurer and the U.S. Treasury sold $8.7 billion worth of AIG stock. The Treasury sold 200 million shares, reducing its stake in the company to 77 percent from 92 …
Hotels could arm employees with panic buttons but are unlikely to put security cameras in hotel rooms following the alleged sexual assault of a maid by former IMF Managing Director Dominique Strauss-Kahn, industry executives said Tuesday. Hotels usually have procedures …
