With Katrina memories still fresh, Alabama Gulf Coast residents have begun stockpiling ice, water, food and other supplies just in case this hurricane season turns ugly. FEMA also will have disaster relief supplies stored at Maxwell Air Force Base in …
South Carolina’s Clemson University researchers are looking for ways to reduce damage in hurricanes done to small structures – the ones that people live in. “There are lots of labs all over the country looking at the Cadillacs of buildings, …
Federal, state and local officials are urging Mississippi coastal residents to begin preparations now for the 2007 hurricane season, if they haven’t already. In Mississippi, experts all say the same thing: plan ahead, stock up. They say preparedness is the …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A-” (Excellent) and assigned issuer credit ratings (ICR) of “a-” to GUARD Insurance Group (GUARD) and its members, which consist of AmGUARD Insurance Company (AmGUARD), EastGUARD Insurance Company (EastGUARD), …
Standard & Poor’s Ratings Services has assigned the following bank loan ratings to Emerson Reinsurance Co. Ltd.’s proposed four bank loans totaling $550 million: — Loan A ($185 million, maximum modeled probability of attachment 0.7 of basis point; (bp) rated …
Gov. Matt Blunt signed legislation on June 1st that started out expanding health insurance options and ended up, unbeknownst to most lawmakers, legalizing midwifery. Under current Missouri law, midwifery is a felony crime, punishable by up to seven years in …
Adult children whose parents die can collect damages for pain and suffering in wrongful death lawsuits, a state appeals court ruled last week (May 31). Madison-based American Family Insurance had argued that only minor children could recover damages for loss …
Alliant Insurance Services Inc., one of the nation’s largest insurance brokerage firms, announced that The Blackstone Group, in partnership with Alliant’s management and employees, has reached an agreement to acquire the company from its current owners comprised of the investment …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of “A” (Excellent) of Markel North America Insurance Group and its members. Best also upgraded the ICR and debt …
New Hampshire officials said they have indicted two men in separate cases with falsifying insurance claims. According to Attorney General Kelly A. Ayotte and Insurance Commissioner Roger A. Sevigny, Scott Baldwin Hampton, N.H., was indicted on one count of insurance …
