Smaller Cars Improve Safety Performance May 27, 2011 As automakers are building more small cars, they are managing to make them safer than ever, new car safety tests...
S&P Lowers Ratings on Residential Re’s Notes to ‘B+’ May 27, 2011 Standard & Poor’s Ratings Services has lowered its rating on the Class 2009-1 notes issued by Residential Reinsurance 2009 Ltd....
Best Affirms Travelers and Subsidiaries Ratings May 27, 2011 A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa”...
Visitors Raise Irish Hopes for an End to Financial Crisis May 27, 2011 By Charles E. Boyle The people of Ireland cheered up a bit following the back to back visits of Great Britain’s Queen Elizabeth II,...
Thomas H. Lee Partners to Acquire Sword Insurance May 27, 2011 Thomas H. Lee Partners, L.P. (THL), a private equity firm, and the French-owned Sword Group announced that they have signed...
Eurocontrol: No Major Ash Impact on Air Traffic May 27, 2011 No significant disruptions of air traffic are expected in Europe in coming days as a result of volcanic activity, Eurocontrol...
Texas Mutual to Distribute $155M in Policyholder Dividends May 26, 2011 Texas Mutual Insurance Co. plans to distribute $155 million in workers’ compensation dividends in 2011. Dividends reward loyal policyholders who...
14 Killed as Tornadoes Carve Path Through Midwest May 26, 2011 By Kristi Eaton A violent storm system rumbled through the central U.S. on Wednesday, spawning tornadoes that turned homes into splintered wreckage, killing...
Illinois Agency Fighting Release of Workers’ Comp Settlement Details May 26, 2011 The Illinois agency that processes workers’ compensation claims is challenging the state attorney general’s order that it release details tied...
Iowa-based United Fire & Casualty Files Reorganization Plan May 26, 2011 Cedar Rapids, Iowa-based United Fire & Casualty Co. has signed an agreement and filed a reorganization plan with United Fire...