A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit ratings (ICR) of “a-” of Guardian Life of the Caribbean Limited (GLOC) and Guardian General Insurance Limited (GGIL). Best also affirmed the ICR of “bbb-” …
A suspected dust explosion at an automotive parts factory in eastern China that supplies General Motors killed at least 69 people and injured more than 180 others, most with severe burns, state media reported Sunday. It was China’s most serious …
Taiwan authorities are preparing to inspect thousands of miles of pipeline after the government blamed the island’s deadliest industrial accident on a chemicals company. Shares of petrochemicals declined. Preliminary investigations indicated that seepage from LCY Chemical Corp.’s system may have …
BOULDER, CO – (August 4, 2014) – ICAT, a leading provider of property insurance to businesses and residences in hurricane and earthquake exposed regions of the United States, is pleased to announce the launch of its admitted Earthquake Homeowner Insurance …
The latest bulletin from the National Hurricane Center in Miami, issued at 5:00 A.M. EDT, locates the center of Tropical Storm Bertha approximately 220 miles – 350 km –east of Great Abaco Island in the Bahamas. Maximum sustained winds were …
Grupo BTG Pactual, Brazil’s only publicly traded independent investment bank, is partnering with shareholder Abu Dhabi Investment Council to expand its reinsurance business, said Chief Executive Officer Andre Esteves. BTG and the sovereign fund will each take a 50 percent …
The Madison County Sheriff’s Department has reached a settlement with a Tennessee man who said he was beaten by several deputies and wrongfully arrested after an argument at a bar. Attorney Hank Sherrod said that he and his client, Robert …
A former Greenville, Mississippi police officer wants a federal appeals court to reinstate her wrongful firing lawsuit against city. Oral arguments are Sept 3 before the 5th U.S. Circuit Court of Appeals in New Orleans. Former Sgt. Susan Graziosi argues …
Allstate Insurance Co. plans to add several local agency owners in Washington, Oregon, Idaho, Alaska and Hawaii in 2014. Allstate’s plan is to recruit 51 new exclusive agents, 13 financial specialists and the company expects agency owners will be looking …
In the third year of a drought, reservoirs in far Eastern Oregon are low, and farmers are running out of irrigation water. South of Ontario, Jay Chamberlin of the Owyhee Irrigation District in Nyssa says he’s been telling farmers who …
