A.M. Best Co. announced at the end of June that it has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Navigators Insurance Group, which is comprised of Navigators Insurance Company and its …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during June. Published by Impact Forecasting, the firm’s …
The La Nina weather anomaly, blamed for one of the worst droughts in the southern United States, could revive this autumn, the U.S. Climate Prediction Center forecast on Thursday. In its monthly report, the CPC said wind circulation consistent with …
European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody’s downgrade of Portugal’s debt to “junk” cast new doubt on EU efforts to rescue distressed euro zone states without debt restructuring. European Commission President Jose Manuel Barroso …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084. In addition Best affirmed the ICR of “bbb” of Chaucer Holdings PLC …
A number of media experts in the UK offered up their views following the decision by Rupert Murdoch’s News Corporation to close its tabloid News of the World after this Sunday’s edition, as a result of an escalating phone hacking …
Rupert Murdoch’s News Corporation will close its tabloid News of the World after this Sunday’s edition, as a result of an escalating phone hacking scandal, James Murdoch said on Thursday. “The News of the World is in the business of …
Kansas Gov. Sam Brownback is questioning whether flood control is a high enough priority for the U.S. Army Corps of Engineers as it oversees the Missouri River system. Brownback on July 6 called for the creation of a special commission …
An uptick in consumer protection lawsuits against California insurance companies is widely expected in the wake of a state appellate decision allowing a policyholder to sue The Progressive Group of Insurance Companies over alleged unfair claims practices, legal observers said …
Penn Millers Insurance Co. has launched ComPENNsation, a web-based workers’ compensation toolkit for agents and insureds. ComPENNsation provides a single point of access to a collection of workers’ compensation information, resources and tips to help employers manage workers’ compensation claims. …
