A Rhode Island lawmaker is renewing his push to ban drivers from using hand-held cell phones while behind the wheel. Pawtucket Democrat Peter Kilmartin introduced a bill Tuesday that bans drivers and bicyclists from using mobile phones that are not …
Several young adults from West Virginia are starring in a new educational film on the dangers of distracted driving that is to be released this spring. Charleston, West Virginia-based MotionMasters is producing the film, “Deadly Driving Distractions,” for Films Media …
Climate change will likely increase the frequency and severity of storm activity in Texas, an area of the country that is especially vulnerable to the “triple threat” of hurricanes, hail storms and tornadoes, weather researchers said at a conference at …
Key executives from over 50 companies, state agencies and industry groups met with New York Insurance Department officials yesterday to begin hashing out details for reviving the New York Insurance Exchange. The group, comprised of roughly 80 people, included executives …
Validus Holdings announced that it has priced a registered offering of $250 million aggregate principal amount of 8.875 percent Senior Notes due 2040. They are to be sold to the public at a “price of 98.71 percent of principal.” The …
House Speaker Nancy Pelosi said Thursday she did not think the Senate’s version of healthcare reform had enough support to pass the House of Representatives without changes. “I don’t see the votes for it,” Pelosi told reporters, adding congressional leaders …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit ratings (ICR) to “a+” from “a-” of PARIS RE and its affiliates. Consequently Best has removed the ratings from under …
The manager of a southern New Jersey bowling alley has been charged with arson following a fire that destroyed a popular rival establishment in business for decades. The beloved Loyle Lanes bowling alley burned down last week after 50 years …
Standard & Poor’s Ratings Services announced that its ratings on “U.S.-based Assurant Inc. (BBB/Negative/A-2) and related entities are not affected by the settlement of an SEC investigation regarding certain loss-mitigation insurance products. The reinsurance contract under examination had $2.6 million …
The private crop insurance industry is blasting a proposed restructuring in the crop insurance program they say would cut $4 billion — or $800 million a year — over the next five years. The proposal, by the U.S. Department of …
