Monthly Archives: <span>November 2020</span>

AM Best Upgrades Credit Rating of Upland Mutual Insurance in Kansas

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Junction, Kansas-based Upland Mutual Insurance Inc. (Upland). The outlook of the Long-Term ICR has …

RLI Promotes Ahrens to VP, Inland Marine; Hartje to VP, Excess Liability

Specialty insurer RLI Corp., based in Peoria, Ill., has promoted Blake A. Ahrens to vice president, Inland Marine, and Bob W. Hartje to vice president, Excess Liability. Ahrens previously served as assistant vice president, Inland Marine. In his new role, …

Louisiana Arsonist Gets 25 Years for Torching 3 Black Churches

A Louisiana man who admitted to burning down three predominantly African American churches to promote himself as a “black metal” musician has been sentenced to 25 years in prison and ordered to pay the churches $2.6 million. U.S. District Judge …

Report: South Dakota AG Distracted Before Fatal Crash

South Dakota Attorney General Jason Ravnsborg was distracted before he drove onto a highway shoulder where he struck and killed a pedestrian in September, state Secretary of Public Safety Craig Price said on Nov. 2. Price said 55-year-old Joseph Boever …

Hub International Acquires Alberta, Canada Broker Stalco Insurance

Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Stalco Insurance Ltd., a Canadian insurance broker. Terms of the transaction were not disclosed. With locations in Wainwright, Provost and Kitscoty, Alberta, Canada, Stalco Insurance is a family-owned …

Women Suing Goldman Sachs Demand Files with Words They Say Prove Discrimination

Women suing Goldman Sachs Group Inc. for gender discrimination are going after any internal documents with words like “babe,” “bimbo” or worse that they say would show bias by executives who administered the bank’s promotion and evaluation policies. The women …

Settlement in Deadly Washington Crab Boat Sinking Calls for Over $9M

The owners of a Seattle-managed crab boat have reached a settlement of more than $9 million with two survivors and the families of four crew members who died last year when the Scandies Rose went down in the Gulf of …

California Health Group Settling for $31.5M Over Drug Billing

A non-profit California health care chain will pay more than $31.5 million to settle allegations that it overbilled Medi-Cal for drugs bought through a federal program, authorities said. Memorial Health Services, based in Fountain Valley southeast of Los Angeles, didn’t …

Washington Commissioner Winning Sixth Term, Prop. 22 in California Passes

Incumbent Mike Kreidler was leading Republican challenger Chirayu Patel in the race for Washington insurance commissioner as vote counting continued on Wednesday. Kreidler, who’s seeking a sixth term in office, had 67% of the vote and Patel had 32% of …

Two Dead in Industrial Accident in Delaware

Two men installing an antenna on a water tower in Delaware were killed Monday when a strong wind tipped over the lift that was holding them, authorities said. State police said the men were installing an antenna on a water …