A.M. Best says it has revised the outlook to negative from stable for the long-term issuer credit ratings (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICRs of “bbb+” of Community Insurance Corp. …
Louisiana Gov. John Bel Edwards has reappointed one and appointed two others to the three to the Workers’ Compensation Advisory Council. The council monitors and reports to the governor and the legislature on the implementation and administration of laws pertaining …
Insurer XL Catlin’s venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a low-cost remote smart home sensor for home security. XL Catlin’s XL Innovate, a previous …
Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.” During a session of the S&P Global Ratings Insurance 2017 conference …
An Idaho woman rented her home to a man she thought had plans to buy it. He instead demolished it. Shammie Fisher is fighting in court to get compensation for her ruined Boise home. Idaho Supreme Court sided with Fisher …
Temperatures are climbing along with the risk of wildfires as a spring heat wave moves into Southern California. Forecasters predict temperatures in the 80s across greater Los Angeles this week, and some spots could see triple digits as the week …
Heffernan Financial Services, a division of Heffernan Insurance Brokers, has added Jennifer Owen as a financial advisor in the Irvine, Calif. branch. Owen began her career with MetLife working in sales, training, and advanced planning. Later, she worked at BNY …
Prime Holdings Insurance Services, Inc., a Utah-based holding company for excess and surplus lines insurance services firms, said it received $10,000,000 from an undisclosed insurance enterprise in exchange for 2,000 shares of non-voting common stock. The holding company said that …
A stone’s throw from the white sand beaches and posh mansions of one of America’s wealthiest ZIP codes sits a community that homeowners say has been poisoned by polluted drinking water. Fifteen people in a middle-income neighborhood near an airport …
A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts between state and federal rules. Republican Senator John Thune, who chairs the …
