December 27, 2011
This judge’s rulings, for better or worse, are poetic justice because they’re in verse. A state Supreme Court justice known for opinions written in rhyme has done it again, producing six pages of verse last Thursday in the case of …
December 27, 2011
An insurance company for a charity founded by Jerry Sandusky argued in a federal complaint last Friday that it should not have to pay legal expenses or claims for the former Penn State assistant football coach now accused of molesting …
December 27, 2011
The insurer of a trucking company whose tanker leaked sticky black goo onto the Pennsylvania Turnpike in November says in court filings that its $1 million policy likely won’t be enough to cover roughly 1,000 claims for damaged vehicles. The …
December 27, 2011
Some Oklahoma residents may have felt their homes shake on Christmas Day, but it wasn’t because reindeer had landed on the roof. The U.S. Geological Survey reports a 3.3-magnitude quake struck around 8:10 a.m. on Sunday 5 miles northwest of …
December 27, 2011
Anglers in the wetlands surrounding New Orleans never have to look very far to be reminded they are living the ultimate paradox: They are enjoying the nation’s most prolific coastal fishing in the midst of a terminal environmental disaster. This …
December 27, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based Evergreen Reinsurance Company, Ltd. (ERCL), both with stable outlooks. The ratings reflect ERCL’s “solid risk-adjusted capitalization, consistently profitable operating performance …
December 27, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Sompo Japan Insurance Inc. Best also, affirmed the FSR of ‘A+’ (Superior) and ICRs of “aa-” of Sompo Japan …
December 27, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the ultimate …
December 27, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Japan’s NIPPONKOA Insurance Company Ltd, both with stable outlooks. The ratings reflect NIPPONKOA’s “favorable risk-adjusted capitalization, conservative underwriting leverage and expected …
December 27, 2011
Signs of legal problems and financial losses surrounding the French breast implant manufacturer at the heart of a scandal affecting hundreds of thousands of women worldwide can be traced back as far back as 2003, regulatory filings show. France’s Poly …