A Pittsburgh suburb’s former insurance carrier paid $100,000 to an ex-pizzeria owner who sued the municipality after being subdued by police with a stun gun in 2005. Mount Lebanon police used a 50,000-volt Taser on Frank Caruso, 67, of Castle …
Nearly 32 years after Vietnam’s communists chased U.S. forces from their soil, the southeast Asian nation joined the capitalist club as the World Trade Organization’s 150th member on Thursday, signaling its emergence as one of the world’s fastest-growing economies. “Welcome, …
A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit rating (ICR) of “bbb-” of Lebanon’s Arab Reinsurance Company S.A.L. Best also removed the ratings from under review with negative implications and assigned …
The Pennsylvania Department of Environmental Protection has issued notices of violation to the owners of 46 high-hazard dams that are operating without emergency action plans. Dams classified as high-hazard — meaning their failure could threaten homes and businesses — are …
A.M. Best Co. has placed the financial strength rating of “B+” (Very Good) and the issuer credit rating of “bbb-” of Lebanon’s Arab Reinsurance Company S.A.L. under review with negative implications. “The under review status of Arab Re follows the …
Black leaders said they would ask for a meeting with President Bush to address the needs of the Gulf Coast and solutions for speeding up recovery there as the one-year anniversary of Hurricane Katrina approaches. Speaking on a panel at …
Oregon’s Department of Consumer and Business Services (DCBS) has ordered a Connecticut company to stop selling insurance in Oregon without a license. Golf Marketing Worldwide LLC, on its Web site, offers “hole-in-one” insurance for golf tournaments and related events. An …
The National Alliance for Insurance Education & Research recently presented 13 scholarships to NAIW members at the 65th Annual Convention of the National Association of Insurance Women (NAIW) held in Orlando, Fla. The CIC and CISR scholarships were awarded at …
A health insurance proposal that Gov. Phil Bredesen has been labeled as fiscally reckless failed to advance out of a Senate committee in Nashville, Tenn. after four Democrats and one Republican declined to vote on the measure. The Senate Commerce, …
A.M. Best Co. announced that it has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit rating (ICR) of “bbb-” of Lebanon-based Arab Reinsurance Company S.A.L. with a stable outlook “The ratings reflect Arab Re’s strong …
