AM Best has revised its outlooks to stable from negative and affirmed its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Barnstable Group, which includes Barnstable County Mutual Insurance Co. …
The Georgia Supreme Court has accepted the voluntary license surrender of a plaintiffs’ attorney who had been in practice for more than 45 years. Richard L. Middleton Jr., of Savannah, acknowledged that he had violated Georgia Bar rules by using …
Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January renewals. At the same time, prices saw some moderating trends while reinsurers continued to maintain underwriting discipline, according to reports …
A New Jersey business is not liable for injuries suffered by a customer who falls in its snow-covered parking lot in the middle of a snowstorm, before the lot can be cleared. A Costco Wholesale store in North Plainfield, and …
Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount, specializes in personal and commercial property and …
Lockton Adds Jainchill as U.S. Cyber & Technology Product Leader Lockton in New York, N.Y has hired Chuck Jainchill as its U.S. cyber and technology product leader. Jainchill joins Lockton after 16 years at AIG, where he most recently served …
Globs of asphalt binder that spilled into Montana’s Yellowstone River during a bridge collapse and train derailment could be seen on islands and riverbanks downstream from Yellowstone National Park a week after the spill occurred, witnesses report. Officials with the …
Churchill Downs is extending Hall of Fame trainer Bob Baffert’s suspension through 2024, keeping the two-time Triple Crown winner from entering horses in the Kentucky Derby and other races for an additional year. Churchill Downs Inc. announced Monday it was …
State investigators were on site Monday at a North Carolina amusement park after a crack was discovered on a support beam on one of their popular roller coasters. Tommy Petty, chief of the state Department of Labor’s Amusement Device Bureau, …
The cyber insurance market potential is huge, with premiums likely to exceed $50 billion by 2030, according to a new report by global insurance broker Howden. With the potential to rival major P&C lines, future growth will be centered on …
