March 29, 2017
A.M. Besthas assigned a long-term issuer credit rating (Long-Term ICR) of “bb” to ICC Holdings Inc.(ICC Holdings) in Rock Island, Ill., a recently formed publicly traded holding company for the demutualization of Illinois Casualty Co. (Illinois Casualty), also based in …
March 29, 2017
Adults who let teenagers drink in their homes would be breaking the law under a proposal two Republican Wisconsin lawmakers are circulating. The bill would address what Rep. Andre Jacque and Sen. Van Wanggaard call the “social host” loophole in …
March 29, 2017
Little Rock, Ark., has started a sobriety court program that treats certain people charged with driving while intoxicated. The yearlong intensive program allows “hardcore DWI offenders” to choose that option instead of serving jail time, heavy fines and community service …
March 29, 2017
The Iowa Senate has approved a bill to overhaul how workers are compensated for on-the-job injuries, sending the measure to Gov. Terry Branstad. The legislation, which passed with only Republican support, reduces benefits for employees injured at work in Iowa. …
March 29, 2017
Alaska Gov. Bill Walker is sponsoring workers’ compensation legislation aimed at making it easier to determine whether someone is an employee or an independent contractor. Walker’s bill creates a new definition for independent contractors to determine if employers have to …
March 29, 2017
A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company …
March 29, 2017
A Southern California girl who was struck by a car on her way to school may receive $15.9 million for her medical expenses. The Orange County Register reported that 11-year-old Paulina Perez was hit by the car two years ago …
March 29, 2017
RightSure Insurance Group has acquired Prescott Valley, Ariz.-based Chaparral Insurance Agency. This represents RightSure’s 12th book of business acquisition. With this acquisition, Chaparral customers will have access to RightSure’s call center and its team. Tucson, Ariz.-based RightSure is an independent …
March 29, 2017
Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications. In a nutshell, Britain would have to …
March 29, 2017
Markel International, the specialist insurer and subsidiary of Markel Corp., is aiming to develop its trade credit and political risk business in Canada. Business will be underwritten by Markel Canada on Lloyd’s Syndicate 3000 paper. Markel Canada, established in 1966, …