On a bitterly cold morning in Anchorage, Alaska, the Hurricane Hunters lift off to scout a weather track that may bring snow to the Northeast or flooding rains in California in the next five days. The winter mission of the …
Standard & Poor’s Ratings Services has stated that its ratings on Bermuda-based RenaissanceRe Holdings Ltd. (currently ‘A’ with a stable outlook) and related entities are not affected by the announcement of several management changes at the organization. S&P referred to …
The New Hampshire House is holding hearings on two bills today that would prevent the state from requiring sprinklers in homes. The bills would stop the state from enforcing amendments to building codes that expand requirements for sprinkler systems. Last …
Standard & Poor’s Ratings Services has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.0 billion senior notes. The notes will have various maturity dates. At the same time, S&P placed the ‘AAA’ rating on these …
Analyzing physicians’ practice patterns may hold valuable clues about how to curb the nation’s rising health care costs, according to researchers at the Johns Hopkins University School of Medicine. According to a Johns Hopkins study published in the January edition …
Specialty construction insurer NationsBuilders Insurance Services, Inc., in Atlanta, recently welcomed William (Bill) C. Tepe as chief financial officer. In his CFO role, Tepe will be responsible for directing the financial and accounting functions of the organization. In addition, he …
Global property/casualty insurer Chartis Inc., formerly AIG, has named Thomas Scherer as senior vice president and general counsel, responsible for worldwide legal operations. Most recently, Scherer worked for seven years at Swiss Re Group where he served as special litigation …
CNA Financial Corp. has appointed Sherri Marsalese vice president of its Pittsburgh branch, effective Jan. 25. She will manage relationships with the insurer’s producers in the Pittsburgh area. Marsalese comes to CNA with more than two decades of insurance experience, …
The Hanover Insurance Group, Inc. reports it has enhanced its ocean cargo insurance offering and related loss control capabilities. This product provides worldwide coverage on goods in transit via vessel, air or land, including coast-wise and inter-coastal shipments. It can …
A New York judge has given a green light to a class action suit filed by a group of Long Island homeowners worried about toxic leaks from a renowned research laboratory. Suffolk County homeowners say past leaks of chemicals from …
