The arrest of a prominent attorney on charges of destroying evidence in a Connecticut child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ …
National Guardsmen and emergency management officials in 13 western Kentucky counties spent last week responding to an earthquake that hadn’t actually occurred. The exercise simulated response to a magnitude 7.5 earthquake hitting at 3 a.m. CST last Tuesday along the …
To meet the specific insurance coverage needs of the specialized technology market, Travelers Select Accounts is now offering Technology Office Pac and Technology Manufacturers Pac Plus. The two new segments are a part of Master Pac, Travelers’ Business Owner’s Policy …
New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use occupation and education as rating factors, insurers warned lawmakers at a legislative hearing this week. Senate Bill 1714 would …
Agents with the Federal Bureau of Investigation’s Art Crime Team (ACT) have located an original Norman Rockwell painting, Russian Schoolroom, stolen during a late night burglary in Clayton, Missouri in 1973. It was found in the home of movie mogul …
A.M. Best Co. has affirmed the financial strength rating of “B++” (Good) and the issuer credit rating of “bbb” of Egypt’s Al Chark Insurance Company with a stable outlook. “The ratings reflect Al Chark’s good risk-adjusted capitalization, improving (although weak) …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating “a-” of Egypt’s Misr Insurance Company. However, Best also revised its ratings outlook to negative from stable. “The ratings reflect Misr’s excellent risk-adjusted …
Willis Group Holdings Limited has named Valerie Di Maria as its new Senior Vice President and Group Marketing and Communications Director. She will “lead worldwide marketing, brand and reputation management, executive communications, media relations, employee communications, government affairs, community relations, …
AutoMart-China, a 95 percent owned subsidiary of Florida-based Deep Field Technologies, has become the “largest independent auto aftermarket company in Beijing,” according to a Company bulletin. The Company has successfully negotiated contracts with seven Chinese insurance companies to offer damage …
Guy Carpenter & Co., the global risk and reinsurance specialist of the Marsh & McLennan Companies, and its affiliate MMC Securities Corp. have published their fifth annual Cat Bond survey: “Catastrophe Bond Market at Year-End 2006: Ripples Into Waves.” The …
