Oxygen levels were dangerously low in a Tarrytown, New York manhole where a sewer worker collapsed and died and a firefighter died trying to save him, a fire department official said. Autopsies were planned in hopes of learning what killed …
Keystone Insurers Group, with more than 215 franchise partners in six states, today announced it will expand into Tennessee early next year. The privately held company is owned by its employees and partners in Pennsylvania, North Carolina, Virginia, Indiana, Ohio …
Ironshore Inc. has launched a Timberlands Insurance Program designed by Palmer & Cay, LLC for institutional timber tract owners and managers. Ironshore will underwrite a portfolio of policies created exclusively by Atlanta-based broker Palmer & Cay, LLC for the protection …
Full disclosure of medical errors including compensation for them can lower defense and overall liability costs for medical providers, according to a new study. While many medcial providers today acknowledge that patients should be informed of medical errors, there is …
BP Plc and its Gulf of Mexico oil well partners traded blame Wednesday after an internal BP investigation tried to downplay the company’s role in the world’s biggest offshore spill. The 193-page BP report offered a preview of how the …
A study published by Standard & Poor’s Ratings Services – entitled: “Reinsurers Foot The Bill For Chilean Earthquake Losses” – indicates that the global reinsurance industry has “shouldered a significant portion of the economic losses related to the powerful earthquake …
Risk Management Solutions has stated that, based on its analysis of the area exposed to the New Zealand earthquake, it “currently expects that approximately 60-70 percent of the insured loss will be residential, and 30-40 percent will be commercial and …
Global reinsurance companies are reconsidering their choices of corporate domicile, according to a new report from Standard & Poor’s Ratings Services, titled “Choosing A Domicile Remains A Hot Topic For Global Reinsurers.” S&P notes that the “choice of domicile–which can …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the operating company, Alterra Bermuda Limited (formerly Alterra Insurance Limited), which is an amalgamation of Alterra Capital Holdings Limited’s …
Willis Group Holdings announced today that it will appeal a decision by India’s Insurance Regulatory & Development Authority (IRDA) that it is “not inclined to accept” the license renewal application of the broker’s joint venture in India, Willis India Insurance …
