A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bahamas First General Insurance Company Limited (BFG). Best has also removed …
C. V. Starr & Co., Inc. announced the appointment of Rainer Breeck in Germany as Head of Casualty for Starr Casualty, a division of Starr Underwriting Agents, Ltd., and a wholly owned subsidiary of C.V. Starr. The bulletin said he …
U.N. climate talks will struggle to agree new greenhouse gas targets next month unless they can solve a complex loophole where developed countries currently ignore emissions from logging plantation forests. Environment ministers from almost 200 countries will gather in Cancun, …
An explosion rocked a remote colliery in New Zealand on Friday, trapping 27 miners underground, the company and local authorities said. The new mine, which only began shipping coal this year, is dug into the side of a mountain range …
Saint Paul, MN – November 19, 2010. Christopher Gross Consulting, Inc. is pleased to announce that the Texas Department of Insurance is licensing the Cognalysis™ Reserving System, to assist with the Department’s analysis, as it pertains to financial solvency regulation …
The federal financial services reform act signed by President Barack Obama in July 2010 contained a provision reforming the way surplus lines insurance premiums are reported and taxed. The Nonadmitted and Reinsurance Reform Act, or NRRA, was supported by the …
A Florida jury has awarded the daughter of a deceased smoker $80 million in a lawsuit against R.J. Reynolds Tobacco Co. Dianne Webb claimed her father’s 1996 death was caused by a 60-year smoking addiction fed by company manipulation and …
At Orange Beach in Alabama, what’s typically a beautiful, quiet stretch of beach in the fall now resembles a construction site. Bulldozers and yellow dump trucks shake the ground; a giant sifting machine spits clean sand out one end, tar …
Work-related deaths in West Virginia have fallen to their lowest level since 2002. Preliminary figures released this week by the U.S. Bureau of Labor Statistics show 41 workers suffered fatal on-the-job injuries in 2009, down from 53 in 2008. Forty …
The Chubb Group of Insurance Companies has expanded the features available under its Customarq for Cultural Institutions package policy. The policy is available to not-for-profit cultural institutions, including botanical gardens, museums, aquariums and libraries. The enhanced package policy brings together …
