New Year’s Day Top Working Holiday for Car Thieves December 28, 2010 While Americans are enjoying the holidays and most have time off from work, holidays are just another day at the...
Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage December 28, 2010 A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz...
Allstate Sues Bank of America Over Countrywide Mortgage Losses December 28, 2010 By Jonathan Stempel Allstate Corp. has sued Bank of America Corp., its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the...
BP Oil Spill Fund Pays $43 Million in ‘Quick Pay’ Claims December 28, 2010 The administrator of BP Plc’s $20 billion compensation fund has paid $43 million to residents of the U.S Gulf Coast...
Inspections Reducing Mine Safety Violations: U.S. Official December 28, 2010 By Tim Huber Conducting special inspections to crack down on mines with poor safety records appears to be working, the federal Mine Safety...
Best Affirms Transatlantic Holdings and Subs ‘A’ Ratings of December 28, 2010 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a”...
Change the Holiday Slump to the New Year Jump December 23, 2010 By Dan King Is the holiday season the slowest time for your agency? Do the distractions of the season take the focus off...
New York Suit Against Ernst & Young Fills Regulatory Gap December 23, 2010 By Scot J. Paltrow In choosing Ernst & Young as his target in the aftermath of the Lehman Brothers collapse, New York Attorney General...
AIG to Pay States $146 Million In Workers Compensation Settlement December 23, 2010 American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators...
Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR December 23, 2010 A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating...