Puerto Rico News

Political, Financial Risk Levels Continue High in 2010, Says Aon

Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services, the global risk management and insurance brokerage business of Aon Corp. The company launched its 17th annual Political …

Ratings Recap: Berkshire H. (Notes), AXA US, Chartis PR, AGCS Marine

Standard & Poor’s Ratings Services has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.0 billion senior notes. The notes will have various maturity dates. At the same time, S&P placed the ‘AAA’ rating on these …

U.S. Mine Deaths At Record Low

The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …

Chinese Drywall Link to Home, Health Woes Remains Mystery

Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that the problems with the Chinese manufactured home product …

Chinese Drywall Link to Home, Health Woes Remains Mystery

Federal investigators have been unable to prove a definite link between imported Chinese drywall, and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that the problems with the Chinese manufactured home product …

People

Alan Ring joined National Contractors Insurance Co. Inc. (NCIC), a risk retention group, headquartered in Big Fork, Mont., as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online properties, …

It Figures

488% The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, …

Montana Commissioner Named to Federal Committee

Montana Commissioner of Securities and Insurance Monica J. Lindeen has been appointed to the North American Securities Administrators Association’s (NASAA) Federal Legislation Committee, a key committee as Congress continues the work of reforming the nation’s financial regulatory system. “Reinforcing consumer …

Research Can’t Yet Explain Link of Chinese Drywall to Home, Health Woes

Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that the problems with the Chinese manufactured home product …