A New Jersey federal court is seeking ways to expedite the litigation process for hundreds of flood insurance coverage-related cases that have been filed in wake of Superstorm Sandy. The U.S. District Court for the District of New Jersey announced …
State troopers last weekend responded to nearly 1,000 crashes across Minnesota, plus another 2,300 vehicles that spun out or ran off the road. Driving conditions remained difficult early Saturday afternoon. Road crews were out in force, but the combination of …
A.M. Best has downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and issuer credit rating (ICR) to “bbb+” from “a-” of Delta Lloyds Insurance Company of Houston Texas (Delta Lloyds) (Houston, Texas). The outlook for the …
The Moore, Okla., Fire Department has received a special $10,869 grant from Apollo General Insurance and Fireman’s Fund Insurance Co. In the aftermath of the EF5 tornado that tore through Oklahoma, the Moore firefighters had their work cut out for …
Gov. Mary Fallin is praising a bill designed to crack down on prescription drug abuse in Oklahoma by requiring doctors to check an online prescription database before prescribing highly abused narcotics. A Senate committee has approved the bill by Guthrie …
The Insurance Council of Texas (ICT) is seeking nominations for its annual Raymond Mauk Leadership Award, the council’s highest honor. The award will be presented on July 17, at the annual Mid-Year Property and Casualty Insurance Symposium in Austin. The …
XL Reinsurance America Inc., a subsidiary of XL Group plc, has acquired Global Ag Insurance Services, a crop insurance provider based in the Western United States. The two companies initially partnered in 2011 to deliver crop insurance solutions to western …
Along with its ratings announcement for the AFG Group, A.M. Best also affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of National Interstate Insurance Company and its affiliates, National Interstate Insurance Company …
A.M. Best has upgraded the issuer credit rating (ICR) to “a-” from “bbb+” and the debt ratings of American Financial Group, Inc. (AFG). Best has also upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from A (Excellent) and the …
Los Angelenos may expect to experience sea level rise of as much as two feet due by 2050 due to climate change, according to current projections. A team from USC partnered with the Los Angeles to gauge the impact of …
