June 17, 2013
A lawsuit against a western Kentucky coal mine accused of discriminating against black job applicants appears to be nearing a settlement. River View Coal, a subsidiary of Tulsa, Okla.-based Alliance Resource Partners, was sued in 2011 by the U.S. Equal …
June 17, 2013
Following its ratings report for the ACE Ltd. Group, A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” …
June 17, 2013
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the North America property/casualty subsidiaries of ACE Limited, which is domiciled …
June 17, 2013
Cooper Gay Swett and Crawford (CGSC) announced that Oliver Homer has joined the company, effective as of today, June 17, as Global Head of M&A, a newly created position within the group. He is based in London and will be …
June 17, 2013
Florida Gov. Rick Scott — and other top state officials — quickly distanced themselves last month from a controversial deal approved by Citizens Property Insurance Corp. to shift thousands of homeowner policies to a start-up insurance company. But emails show …
June 17, 2013
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human services, foundations, and community service, educational and religious …
June 16, 2013
BP Plc’s U.S. investors asked a federal court to grant class action, or group, status for their lawsuit claiming the company misled them before and after the 2010 spill in the Gulf of Mexico. The investors, led by the New …
June 14, 2013
The average California auto insurance expenditure fell from 1989 to 2010, while every other state in the nation saw substantial increases over that same period, according to a Consumer Federation of America analysis auto insurance expenditures. The group attributes the …
June 14, 2013
The second largest health insurer in Massachusetts has announced that it will no longer cover specialty medications known as compounded drugs, months after a deadly nationwide meningitis outbreak was traced to a Massachusetts compounding pharmacy. The chief medical officer at …
June 14, 2013
A massive line of storms packing hail, lightning and tree-toppling winds rolled through the Midwest on June 12 in the evening, driving people into basements for shelter, tearing down power lines and causing flooding in low-lying areas. Forecasters predicted that …