In a comment on its CreditWatch placement of Germany’s P/C insurer Allianz Marine & Aviation Versicherungs AG (AMA G) and France’s P/C insurer Allianz Marine & Aviation, Standard & Poor’s Ratings Services said that its long-term counterparty credit and insurer …
In a comment on the dispute over Dubai’s DP World taking over operations at several important U.S. ports, experts at Aon Trade Credit have observed that there “is increasing evidence of countries selectively imposing burdensome and arbitrary regulations on western …
Two former paper mill workers in Maine who were diagnosed with an asbestos-related disease have filed separate lawsuits against asbestos manufacturers and suppliers. James Crowley, who worked at the former Oxford Paper Mill in Rumford for three years in the …
Insurers for three former lead paint manufacturers are seeking to drop or limit insurance policies held by the paint companies, lawyers said. Underwriters at Lloyd’s of London filed the lawsuit in New York State Supreme Court last month after a …
With the House and Senate at a stalemate over transportation funding, the Virginia General Assembly adjourned its regular 60-day session on Saturday March 11 without finishing work on a budget. That prompted Governor Timothy M. Kaine to order a special …
Expands Client Offerings to Include e2Value Replacement Cost Valuation Salt Lake City, UT and Stamford, CT – Castle Inspection Service, one of the insurance industry’s premier residential inspection providers, and e2Value®, Inc., a leading provider of Insurance-to-Value Internet applications, announced …
Three physicians who looked at thousands of X-rays and saw an epidemic of silicosis that no one else noticed took the protections of the Fifth Amendment rather than tell Congress about their work or the money they made doing it. …
Safety Insurance Group, Inc. in Massachusetts reported net income for 2005 was $95.2 million, or $5.97 per diluted share, compared to $45.0 million, or $2.90 per diluted share, for 2004. Safety’s book value per share increased to $24.57 at December …
Eastern Insurance Group today has acquired Howland’s Insurance Agency in Rockland, Mass. For Eastern Insurance, the acquisition increases its customer base south of Boston, where it already has seven locations. In all, Natick-based Eastern Insurance has 18 locations in eastern …
Three employees were recently promoted at Winterthur U.S. Holdings Inc., parent company of regional property and casualty insurers General Casualty, Sun Prairie, Wis. and Unigard, Bellevue, Wash. Geoff Barker was named assistant vice president of reinsurance management. Barker recommends coverage …
