The UK Climate Impacts Programme (UKCP) unveiled a crucial new report projecting that sea level rise will continue, and that severe rainfall is likely to increase in winter. In the South of the UK – taking a medium-impact scenario – …
Each year, the economic impact of alcohol-related crime, traffic crashes, health care and other costs attributable to underage drinking totals slightly more than $3 billion in Florida. Alcohol-attributable violent crime was responsible for the greatest costs to society, accounting for …
A.M. Best Co. has downgraded the financial strength rating to D (Poor) from C- (Weak) and issuer credit rating to “c” from “ccc-” of Argus Fire & Casualty Insurance Co. of North Miami Beach, Fla. A.M. Best’s outlook for both …
Dallas-based wholesale insurance broker, Van Wagoner Companies, a wholly owned subsidiary of Lloyd’s broker Chesterfield Group, has appointed Simon Bancroft as executive vice president. Bancroft has more than 30 years of experience in the United States and London property and …
More than 40 earthquake recording stations will be placed around the state and in Iowa as part of a federal initiative overseen by Missouri University of Science and Technology. The seismic monitors join another 400 stations already in place across …
A suburban Chicago, Ill., man accused of posing as a doctor to buy vials of deadly puffer fish toxin has been charged with planning to use the poison to kill his wife and collect $20 million in life insurance. Edward …
Indiana Gov. Mitch Daniels has appointed Department of Insurance (DOI) Commissioner Jim Atterholt to serve on the Indiana Utility Regulatory Commission (IURC). Atterholt will fill the vacancy left by the resignation of Greg Server. Bedford native and current DOI Chief …
Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re Ireland is stable. S&P noted that Everest Re Ireland is a …
The Independent Insurance Agents of Texas (IIAT) has elected new leadership for 2009-2010. Bryan Shofner, president of Shofner & Associates Insurance Agency Inc., a holding company that owns and operates Shofner Lynch and Shulse LLC in Texas and New Mexico, …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of ProAssurance Group and its group rated members. Best also upgraded the ICR to “bbb” …
