The California Supreme Court has ruled that the term “suit” in a comprehensive general liability policy includes federal administrative adjudicative...
News
A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $300 million 5.5 percent senior unsecured...
As insurance brokers feared, the Obama Administration has not exempted broker commissions from the formula for the medical loss ratio...
Standard & Poor’s Ratings Services has affirmed its ‘A’ counterparty credit and financial strength ratings and stable outlook on Electric...
New U.S. health insurance spending rules aimed at ensuring more customer dollars go toward medical care were finalized on Monday,...
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings...
The Contractors Access Program of California (CAP), a self insured group, has been declared in default due to insufficient funding...
Pasadena, Calif.-based Western Asset Management, the fixed income affiliate of Legg Mason Inc., has appointed three senior professionals to both...
California Insurance Commissioner Steve Poizner has rejected – for the third consecutive time – a workers’ comp rate filing submitted...
Work-related deaths in West Virginia have fallen to their lowest level since 2002. Preliminary figures released this week by the...