Two Northwest Airlines pilots who flew 150 miles past their destination because they were focused on laptop computers instead of cockpit displays may have opened a new avenue of concern for safety regulators — distracting personal electronic devices on the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), which is based in Farmington, Conn. The outlook for both ratings is stable. “These ratings reflect …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb+” from “a-” of Egypt’s Misr Insurance Company, and has revised its outlook on both of the ratings from …
A Hurricane Ike-damaged dike in Texas City, Texas, could reopen next fall after repairs are completed. Mayor Matt Doyle says none of the funds earmarked for the dike’s repair will go to rebuilding the shrimp boat docks or bait camps. …
St. Landry Parish, La., is in line to receive $12.7 million in federal hurricane mitigation funds, and the single largest project it hopes to fund will be a multi-agency training center. Opelousas Fire Chief Lee Cahanin said $1.5 million set …
A Connecticut judge has ruled that the insurance company for a former Fairfield lawyer who killed his neighbor in 2006 won’t be responsible for any damages that could be awarded in a lawsuit filed by the victim’s family. Jonathan Edington …
Aon’s London office has announced that companies can now insure themselves for costs incurred if their building or the vicinity is officially closed due to a pandemic. Aon launched the coverage as cases of the H1N1 flu virus are expected …
GUARD Insurance Group has begun offering Businessowner’s Policy coverage in New York. This new line complements the company’s traditional specialtym, workers’ compensation insurance for small- to medium-sized businesses. In addition, Commercial Excess Liability policies are available to BOP customers. Although …
A state economic development board is approving tax breaks for several projects aimed at bringing new jobs to Michigan. One of the companies approved for the tax breaks is Auto-Owners Insurance Group in Delta Township, near Lansing. Gov. Jennifer M. …
Texas Mutual Insurance Company is recognizing 164 Texas-based employers for their workplace safety efforts. The award is based largely on each policyholder’s safety record, as well as the types of hazards their employees face. Two award winners volunteered to share …
