Tom Christmas and his wife argue that they didn’t discover the 84-plus alligators on land next to their homestead until four years after they bought the property in southwest Mississippi. ExxonMobil Corp. counters that the Christmases’ real estate agent told …
When forecasters from the National Weather Service track a hurricane, they use models from several different supercomputers located around the world to create their predictions. Some of those models are more accurate than others. During Hurricane Sandy last October, for …
Florida Gov. Rick Scott is sounding off anew against the state’s largest property insurer. Scott on Wednesday signed a bill that includes modest steps to shrink the size of the state-created Citizens Property Insurance Corp. The bill (SB 1770) creates …
A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Product Care (New Zealand) Limited (PCL), both with stable outlooks. PCL operates as a fully owned entity of ICF …
Severe thunderstorms, baseball-sized hail, flooding and possibly tornadoes may sweep across parts of Oklahoma, Missouri and Arkansas today, according to the U.S. Storm Prediction Center. There’s a 45 percent chance of storms producing damaging hail from Fort Sill, Oklahoma, to …
Xchanging, the UK-based technology services provider, announced the expansion of its presence in Southeast Asia, with a “significant growth in headcount” and a new regional hub office in Kuala Lumpur. “This expansion reflects Xchanging’s continued commitment to invest in the …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc. (TRV) (also known …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its affiliate, State Farm County Mutual Insurance Company of Texas, as …
Catastrophe modeling firm AIR Worldwide has released a preliminary analysis of the damages caused by Hurricane Barbara, when it came ashore in the state of Chiapas on Mexico’s Pacific coast on Wednesday, May 29, at 12:50 p.m., local time (19:50 …
Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced the appointment of Nick Triggs, as a Managing Director in a new senior strategic advisory post in London. He will be reporting to …
