Florida officials said a possible tornado that moved through northern Lee County damaged about 50 mobiles homes, but no one was seriously injured. North Fort Myers Fire Chief Terry Pye said at least eight homes were heavily damaged, and at …
Fire crews plan to continue building containment lines around a massive wildfire that is burning in a sparsely inhabited rural area of eastern North Carolina. Spokesman Bill Swartley of the North Carolina Forest Service said plans for firefighters also include …
Authorities in Woodstock, Ga. say several recent fires in Woodstock were set deliberately. One blaze started June 5 at a neighborhood playground causing about $25,000 in damage to the equipment. Police said a few hours later, another fire occurred outside …
Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., reports it has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O) insurance. Hooghuis has been underwriting D&O business for Hudson and …
Connecticut’s effort to inspect more trucks on its highways after the fatal Avon Mountain crash in 2005 has dropped off and crashes of large trucks have increased, state figures show. Roadside truck inspections decreased 20 percent to about 18,600 in …
The U.S. Supreme Court said Monday that it would hear a Philip Morris USA appeal seeking to overturn a $79.5 million punitive damages award won by the widow of a longtime Oregon smoker. The justices agreed to review a decision …
New York Attorney General Andrew Cuomo has tried to block a request by the former head of American International Group Incto delay a deposition on three-year-old allegations of financial misconduct. Former AIG CEO Maurice “Hank” Greenberg should be deposed “soon …
ACE Limited announced that it will terminate the ACE Limited shareholder rights plan in conjunction with the Company’s re-domestication to Switzerland. ACE said the termination would “be accomplished by an amendment accelerating the final expiration date of the plan to …
Chicago-based Hub International Limited has acquired the Managing General Agency assets of Falkenberg Agencies Ltd., a British Columbia-based agency specializing in life and investment products. Terms of the transaction were not disclosed. Hub’s bulletin said “the existing brokers at Falkenberg …
Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on Fairfax Financial Holdings Ltd.’s (FFH) operating insurance companies (collectively, Fairfax) to ‘BBB+’ from ‘BBB’, as well as its ratings on FFH and Crum & Forster …
