AM Best has downgraded the financial strength rating to B+ from B++ and the long-term issuer credit rating to “bbb-” from “bbb” for Kingstone Insurance Company (KICO) of Kingston, New York. Concurrently, AM Best has downgraded the long-term ICR to …
The state is going to ask the Federal Emergency Management Agency to see if the damage caused by flooding in southern Vermont will qualify for disaster assistance. To qualify, Vermont must show there is at least a million dollars’ worth …
A federal judge on Monday ordered Netflix Inc. to face a defamation lawsuit by former Manhattan prosecutor Linda Fairstein over her portrayal as a racist and unethical villain in “When They See Us,” a 2019 miniseries about the Central Park …
A major Pennsylvania heavy equipment contractor entered no contest pleas to four theft counts and agreed to pay restitution of more than $20 million over allegations it illegally diverted pension money and other benefits from its workers. Glenn O. Hawbaker …
The former superintendent of Hull public schools in Hull, Massachusetts, alleges in a lawsuit that he was discriminated against because he is gay and his firing has made it impossible for him to land a new job in education. Michael …
Some gig workers and a coalition of app-based businesses including Uber, Lyft, DoorDash and Instacart are pushing a proposed ballot question in Massachusetts they say would grant new benefits for workers while stopping short of declaring them employees. Supporters said …
Sexual harassment suits against Andrew Cuomo will face an easier path under changes to state law the governor signed two years ago, though New York taxpayers could be on the hook for the damages. Cuomo has been facing a political …
Managing general agent Corvus Insurance, fresh off of raising $115 million in new venture financing, has made an acquisition with an eye on the admitted coverage marketplace and more digital platform partnerships. More acquisitions appear likely. The Boston-based insurtech focused …
Delaware Insurance Commissioner Trinidad Navarro has released a consumer alert for users of respiratory devices manufactured by Philips. An estimated four million Philips Continuous Positive Airway Pressure (CPAP) and Bi-Level Positive Airway Pressure (BiPAP or BiLevel PAP) devices, as well …
Canary Blomstrom Insurance Agency of Agawam recently became a member of GoodWorks Financial Group, a national network of insurance agencies, according to Canary Blomstrom president Sandy Brodeur. The agency will retain its name, staff and location, and Brodeur will continue …
