Standard & Poor’s Ratings Services has assigned its ‘A-‘ issue credit rating to Lincoln National Corp.’s (LNC) $300 million issuance of senior notes. S&P also affirmed its ‘AA-‘ counterparty credit and financial strength ratings on LNC’s life insurance operations (Lincoln) …
Oregon’s Department of Consumer and Business Services recently fined Farmers Insurance Company of Oregon $10,000 for improperly using consumers insurance scores in calculating renewal rates on thousands of auto and homeowner policies. Oregon law prohibits insurers from using someone’s credit …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of Novae Insurance Company Limited (NICL) and placed the ratings under review with negative implications. …
North Carolina residents now have online access to information on malpractice lawsuits, convictions, suspensions, or other disciplinary actions taken against physicians and other medical professionals in the state. The North Carolina Medical Board has expanded its Web site to include …
Several U.S. Supreme Court justices seemed to question Monday whether the president had enough authority over an agency that polices auditors of public companies. During arguments to consider if the Public Company Accounting Oversight Board violates the U.S. Constitution, the …
Global average land temperatures have been rising since 1850 and the warming has speeded up since 1970, UK Meteorological Office data released on Tuesday shows. The data comes from over 1,500 weather stations around the world used for climate monitoring. …
The Securities and Exchange Commission culture that allowed the Madoff fraud scandal to go undetected for nearly two decades may not change and the agency isn’t doing enough to support investor protection proposals in Congress, according to a top state …
Galveston County residents needing home repair assistance resulting from 2008’s Hurricane Ike can get federal help through a nearly $100 million grant program. In addition, the Texas Department of Insurance reports that it remains available to assist consumers with unresolved …
The Baltimore Ravens should be barred from selling old game films that show players wearing the NFL team’s original logo, a lawyer for the amateur artist who designed the “Flying B” told a federal appeals court Friday. A jury ruled …
Global insurance broker Willis Group Holdings has named Scot A. Housh president and CEO of Willis’ Minnesota operations, effective immediately. Housh is based in Minneapolis and will report to Tom Ealy, national partner of Willis’ Midwest Region. Housh, who joined …
