June 22, 2010
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit rating (ICR) to “a” from “aa-” of Guernsey-based Jupiter Insurance Limited, a captive of BP plc. The outlook for both ratings …
June 22, 2010
Risk Management Solutions latest report on heavy floods in southern China indicate that at least 150 people have died, thousands of homes have been destroyed, and over a million residents have been forced to evacuate, as “severe rains and isolated …
June 22, 2010
Although the benefits of bringing information technology to health records can be substantial, electronic health records (EHR) systems also give rise to increased liability risks for health care providers due to possible software or hardware problems or user errors, according …
June 22, 2010
Firefighters battled a blaze at a Massachusetts mulch company that spread to heavy construction equipment and caused over $1 million in damage. Peabody Fire Chief Steven Pasdon says the fire at the J.D. Raymond Company started shortly after 4 p.m. …
June 22, 2010
When Shannon Wiegert bought the new, bright red golf cart for scooting around car shows, he didn’t think to ask about safety features on the slow-moving vehicle. And when his little girl begged his older daughter for rides around the …
June 22, 2010
New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients throughout New Jersey and the Tri-state area under the leadership …
June 22, 2010
Reno, Nev.-based Employers announced that Richard P. Hallman has been promoted to senior vice president and chief information officer. Hallman previously served for the past five years as Employers’ vice president of information technology infrastructure and operations, managing enterprise-wide IT …
June 22, 2010
CNA has opened a new branch office in Washington, D.C., a move aimed at extending the insurer’s geographic footprint and bringing it closer to its agents, brokers and customers. George Agyen, Mid-Atlantic Zone officer, will head the Washington, D.C. branch. …
June 22, 2010
Temporary disability outcomes in California’s $8 billion workers’ compensation system have continued to improve since the enactment of 2004 reform legislation, new research from the California Workers’ Compensation Institute reports. Ongoing reductions were noted in both the cost and duration …
June 22, 2010
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …