Fire safety could become a hot topic in communities across the country as officials debate whether to adopt newly proposed rules requiring fire sprinklers in all new construction of one- and two-family dwellings. The revised national building and fire safety …
AJP Construction Inc. was the concrete subcontractor for a high-rise construction project in Hoboken, N.J. In response to a call reporting fall-related accidents and other safety hazards on the project, the Occupational Safety and Health Administration began an investigation of …
Many people turn to the stars for direction in matters of money, love and happiness. Now, according to a survey conducted by Prudential Car Insurance in the United Kingdom, it appears that the zodiac may also play a role in …
Hollywood is playing with fire. When fire sprinklers are present in a house that catches fire, only the sprinkler closest to the flames will spray water. But Hollywood movies continue to show all sprinklers going off at once, thereby stoking …
A.M. Best Co. affirmed the financial strength rating of “A” (excellent) and assigned issuer credit ratings of “a” to Allianz Insurance Group of Burbank, Calif., which consists of Allianz Global Risks US Ins. Co. and its wholly-owned subsidiary, Allianz Underwriters …
Fitch Ratings assigned an “AA-” insurer financial strength rating to American Reinsurance Company. The rating outlook is stable. Fitch’s rating on AmRe reflects its view that the company is a core subsidiary of Munich Reinsurance Company, under which AmRe’s rating …
Standard & Poor’s ratings services revised its outlook on W.R. Berkley Corp. and BER’s operating companies (collectively referred to as Berkley) to stable from negative. S&P also said that it assigned its “BBB-” rating to BER’s proposed $200 million subordinated …
Prime Holdings Insurance Services Inc. announced that its property and casualty insurance subsidiary, The Prime Insurance Syndicate Inc., was notified that as of July 15, 2005, Prime received an increased A.M. Best’s rating of “B” with a stable outlook in …
Fitch Ratings affirmed the “A-” insurer financial strength ratings on the members of the Liberty Mutual inter-company pool and revised the rating outlook on pool members to stable from negative. Additionally, Fitch assigned Peerless Ins. Co. inter-company pool members “A-” …
As construction development in the United States reaches an all time peak, with overall spending up 7.5 percent in 2005 compared to 2004, agents and brokers writing contractor business are having a tough time locating markets to insure their clients. …
