A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit ratings to “bb+” from “bbb-” of Buckeye State Mutual Insurance Co. (Buckeye) of Piqua, Ohio, and its insurance affiliate: Home and Farm …
A final tally shows a tornado that struck the University of Wisconsin-Platteville campus nearly a year ago caused $18.6 million in damage. The school released the final damage numbers on June 2. The tornado hit the campus on June 16, …
Allied World North America has launched Allied World // FrameWRX, a prescriptive and proactive cyber risk management program designed to help companies to address their exposures. This new offering provides Allied World’s Privacy // 403 SRVS and Privacy // 403 …
A jury has awarded nearly $2.5 million to Waverly, Minn., dairy farmers who say stray voltage from their power company’s faulty equipment cut deeply into their production. After a long legal fight that included a ruling from the Minnesota Supreme …
Gov. Mary Fallin is seeking federal disaster funds for 13 more Oklahoma counties to help repair damage following flooding, tornadoes and severe storms in May. Fallin’s earlier request for federal aid has already been approved for individuals and business owners …
Blue Cross Blue Shield and Blue Care Network, which sell medical insurance to more than half of Michigan residents who buy their own coverage under the federal health care law, are seeking 2016 premium increases that average about 10 percent, …
Hurricane Blanca strengthened to a category 4 storm off Mexico’s Pacific coast on Wednesday and was expected to bear down on a tourist hub at the southern tip of the Baja California peninsula, the U.S. National Hurricane Center said. Blanca, …
W. R. Berkley Corp. announced the appointments of Eugene G. Ballard, Ira S. Lederman and James G. Shiel to the offices of executive vice president. Ballard has been with the Greenwich, Conn.-based company since 1999, serving as senior vice president …
The Arizona Department of Transportation reported that deaths of Arizona residents in motor-vehicle crashes dropped by nearly 9 percent in 2014. The department collected data on law enforcement reports to find that 774 people died in motor-vehicle accidents last year …
The California Assembly is advancing a pair of bills designed to help buildings withstand earthquakes. The legislation approved unanimously this week would expand financial incentives for seismic retrofits. AB428 would establish a 30 percent tax credit to help cover the …
