A Walker County, Alabama jury has awarded a Carbon Hill woman millions of dollars in a medical malpractice suit against a doctor who mistook symptoms that led to her husband’s heart attack for a stomach illness. Al.com reported the jury …
SeaWorld Entertainment has dropped an appeal of citations it received after the drowning of a trainer who was pulled under by a killer whale, ending any chance of trainers ever again swimming with orcas during shows. The marine park company …
BP Plc won’t face a $256 billion lawsuit brought by a whistleblower who claimed the company’s Atlantis oil production platform in the Gulf of Mexico was unsafe. Kenneth Abbott, a former BP contractor, and Food & Water Watch Inc., an …
A potential tropical system became a bit ragged with poor definition late yesterday as it neared the Leeward Islands at the eastern edge of the Caribbean Sea. A U.S. Air Force Reserve Hurricane Hunter found a small area of winds …
A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-“of Chicago-based Continental Assurance Company (CAC), and has removed the ratings from under review with developing implications and …
A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Trust International Insurance & Reinsurance Company B.S.C. (c) Trust Re, which is based in Bahrain. The outlook for both ratings remains …
Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA) for approximately …
A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China. Suning Commerce Group Ltd, which owns the Redbaby chain of stores, …
Willis Group Holdings August Energy Market Review (EMR) highlights the decision by Oil Insurance Limited (OIL) to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to 1.2 billion effective …
Wholesale insurance provider J.M. Wilson has hired Erika Barney in its Arlington Heights, Ill., office as a transportation underwriter. Barney will be responsible for quoting new and renewal bobtail and transportation risks for Illinois agents. In addition, she will service …
