Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance December 21, 2018 By Elizabeth Blosfield In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million...
A.M. Best: Negative Rating Implications from Wildfires for California Capital And Subsidiaries December 21, 2018 AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer...
U.S. Signs Agreement with UK Covering lnsurance Regulation Post-Brexit December 21, 2018 As they previously announced they would do, the U.S. Treasury and U.S. Trade Representative have officially signed an agreement with...
New Suit Alleges Clergy Sex Abuse by New Mexico Priest December 21, 2018 By Susan Montoya Bryan Another lawsuit has been filed against the Catholic Church, alleging sexual abuse of a child by a now-deceased priest who...
20 Indicted in Washington for Staging Crashes to Defraud Auto Insurers December 21, 2018 Twenty people have been indicted by a grand jury in Spokane, Wash., for allegedly staging vehicle crashes to defraud insurance...
Power Restored to Last of 10K Paradise Residents Hit by California Wildfire December 21, 2018 A Northern California utility says it has restored power interrupted by a wildfire six weeks ago to all customers able...
Judge Blocks New York from Enforcing Opioid Surcharge on Companies December 21, 2018 By Nate Raymond A Manhattan federal judge blocked New York state from enforcing a recently enacted law that aimed to collect $600 million...
Judge Again Rules Against $200M Raid on Pennsylvania Insurance Surplus December 21, 2018 A federal judge is again ruling against Pennsylvania legislation that would take at least $200 million from a state-chartered medical...
Officials Identify Worker Who Fell Down Elevator Shaft in Massachusetts December 21, 2018 Officials have identified the construction worker who died after falling down an elevator shaft in Massachusetts as 41-year-old Carlos Ortiz....
Murphy Says NJ Transit Meets Safety Equipment Deadline December 21, 2018 New Jersey Transit has made enough progress on installing a federally mandated emergency braking system to meet a year-end deadline,...