A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of OneBeacon Insurance Company and its six pooled and four reinsured affiliates, collectively referred to as OneBeacon Insurance Group. Best …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Sweden’s Sirius International Insurance Corporation (publ). Best also affirmed the ICR of “bbb” and …
A federal appeals court has upheld the dismissal of Missouri Lt. Gov. Peter Kinder’s lawsuit challenging the federal health care law. The Kansas City Star reported that a three-judge panel of the 8th U.S. Circuit Court of Appeals concluded that …
St. Bernard and Lafayette parishes will be able to hire more firefighters under federal grants they’re getting. U.S. Sen. Mary Landrieu, D-La., said St. Bernard is getting $3.5 million and Lafayette $1.7 million under Federal Emergency Management Agency grants that …
A new website launched last month by the Opelousas Police Department to help the rightful owners to recover their stolen property is producing results. Police Chief Perry Gallow told The Daily World he personally returned the first item, a weed …
North Dakota’s workers’ compensation agency is looking for new members for its board of directors. The terms of six of the 11 directors are ending in December. The board oversees the operation of North Dakota’s Workforce Safety and Insurance agency, …
London-based Cooper Gay & Co. announced that the independent insurance and reinsurance intermediary is “offering a free crisis management and business continuity consultation to its Terrorism & Political Risks policy holders on a worldwide basis. “The service is being made …
The Bermuda-based Catlin Group Limited has announced that Michael Maran, who has led Catlin’s space insurance activities for the past decade, has been appointed as the Group’s Chief Science Officer. He will continue to be based in London. The bulletin …
Billionaire insurance executive George Joseph has been fighting with consumer advocate Harvey Rosenfield for two decades over California’s landmark automobile insurance law. This November, the two are squaring off again over a ballot initiative that would roll back a provision …
A New York court recently ruled that a workers’ comp insurer can take a credit against its claimant’s third-party civil settlement money. The case involves Beth V., who was employed at a juvenile detention center. While working as a youth …
