Virginia Commonwealth University has notified more than 17,000 current and former students that their names, Social Security numbers and test scores may have been exposed after someone stole a computer from the school library. The desktop computer was stolen in …
The Main Street America Group, a super regional property/casualty insurance carrier, is making its Main Line business owners’ policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system available to its independent agents in Massachusetts, …
A New Yorker says she was trapped between a safety gate and the tracks as a suburban commuter train barreled past her. Linda Misek-Falkoff says the 2004 incident in Bedford Hills left her badly shaken. A court has dismissed parts …
Illinois-based international insurance broker Arthur J. Gallagher & Co. has acquired Walker Taylor Agency of Wilmington, North Carolina. Terms of the transaction were not disclosed. Spanning five generations with insurance roots dating back to 1866, Walker Taylor Agency, Inc. is …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both ratings is stable. “The ratings reflect …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of “B++’ (Good) and issuer credit rating of “bbb” of Bermuda-based Elwood Insurance Limited. Best said: “Elwood’s ratings recognize its excellent capitalization level, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Bermuda-based Everest Re Group, Ltd.’s reinsurance and insurance subsidiaries. Best also affirmed the ICR of “a-” of Everest …
The Obama administration on Wednesday will name a pay czar with the power to reject compensation plans for top employees at companies receiving “exceptional” government aid, an administration official said Wednesday. The administration will also call for “say-on-pay” legislation that …
The U.S. Federal Reserve drew back the curtain on its emergency repairs to the financial system on Wednesday, showing $5.3 billion in losses on assets taken over from firms it bailed out in 2008. In a report on its $2.1 …
The United States Court of Appeals for the Third Circuit ruled that a district court should not have reversed a verdict concerning copyright infringement case William A. Graham Company v. Thomas P. Haughey and USI MidAtlantic Inc. The Graham Co., …
