Corinne R. Simon has joined McAuley Woods and Associates in its Charlottesville, Virginia office as legal counsel and producer for the firm. Most recently, Corinne worked as an attorney for Holland & Knight, where she specialized in civil litigation. Prior …
An advocacy group for Massachusetts doctors said it will offer a bill in the state legislature to eliminate the expanded liability of physicians which was created by two recent court decisions. The Massachusetts Medical Society said the legislation would eliminate …
A 31-year-old man has pleaded not guilty to arson charges arising from a September fire that destroyed several downtown businesses in Milo. Christopher Miliano appeared Monday in Piscatquis County Superior Court, where he also pleaded not guilty to burglary and …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and downgraded the issuer credit ratings (ICR) to “aa-” from “aa” of American Family Life Assurance Company of Columbus (Aflac) and American Family Life Assurance Company of …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “bbb” from “a-” of Bermuda-based New Castle Reinsurance Company Ltd. Best also downgraded the ICR to “bb-” from …
Bermuda’s Max Capital Group announced the appointment of Susan Spivak Bernstein as Senior Vice President for Investor Relations. She has “twenty years of experience covering property and casualty insurance and reinsurance companies working as a sell-side equity research analyst, most …
The Minnesota Senate has given preliminary approval to a bill that would keep records about the Interstate 35W bridge victim compensation fund under wraps. The bill would keep the records out of court proceedings and members of the compensation panel …
Florida Chief Financial Officer Alex Sink is urging State Farm Florida to “immediately” let its agents do business with other insurance companies for their more than one million policyholders now that State Farm is withdrawing from the state. But State …
Standard & Poor’s Ratings Services has indicated that its ‘BBB’ counterparty credit rating on Markel Corp (MKL) “is not affected by today’s announcement of fourth quarter 2008 earnings.” S&P noted that the Company “reported a $59 million net loss for …
Michigan Attorney General Mike Cox is not giving up in his battle and will appeal a judge’s ruling in support of Blue Cross Blue Shield of Michigan’s ownership of workers’ compensation insurance businesses. Cox maintains that the workers’ compensation carrier …
