Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and preliminary ‘BBB-‘ preferred stock ratings to Aspen Insurance Holdings Ltd.’s recently filed universal shelf registration program. The ratings …
Insurance and risk management students at four Texas universities were recently awarded $40,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend St. Mary’s University in San Antonio, Baylor University in Waco, the University …
Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. Jordan Barab of the Occupational Safety and Health Administration said South Carolina has the …
The Illinois attorney general filed a lawsuit against Enbridge Inc’s U.S. affiliate Enbridge Energy Partners Thursday, as the state seeks to have the company pay the costs incurred cleaning up an oil pipeline spill last month. Attorney-General Lisa Madigan and …
Workplace safety programs in North and South Carolina downplay serious safety problems and levy weak fines, according to an audit released by the U.S. Labor Department. The audit showed that both states impose weak penalties and have mishandled cases involving …
A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $350 million 6.25 percent senior unsecured notes due 2020 of Delaware-based Alterra Finance LLC. The senior notes are fully and unconditionally guaranteed by Alterra Capital Holdings …
Crews have removed a 12-foot section of pipe at the site of an oil spill outside Chicago that led to a spike in regional gasoline prices, but it could take weeks to clean up the contamination, federal officials said. It’s …
An Alabama woman is set for trial on a charges she conspired to defraud the federal government by preying on Hurricane Katrina victims who needed their properties rebuilt. The government seeks a judgment of $62,500 against Joyce E. Jordan, who …
The widower of a volunteer paramedic who died in a 2008 Maryland State Police helicopter crash has filed a wrongful-death lawsuit against the federal government. It’s the second wrongful-death lawsuit filed as a result of the crash. Relatives of flight …
A militant group linked to al Qaeda said on Wednesday that a suicide bomber was responsible for a mysterious explosion on a Japanese-owned oil tanker a week ago near the Strait of Hormuz. But analysts are sceptical about the belated …
