California Gov. Jerry Brown signed nine bills sponsored by Insurance Commissioner Dave Jones this legislative year, giving Jones a perfect record on bills that reached Brown’s desk. “We are very pleased that the governor signed all nine of our sponsored …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) …
The Gibraltar Group, a risk and insurance advisory firm headquartered in Lubbock, Texas, has added Abie Rampy as director of communications and marketing. With more than 10 years of organizational management and marketing experience, Rampy joins The Gibraltar Group’s team …
A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit ratings to “bb-” from “bb” of Oklahoma Farm Bureau Group (Oklahoma Farm Bureau) and its members, Oklahoma Farm Bureau Mutual Insurance Co. …
Weather insurance provider WeatherBill has changed its name to The Climate Corporation and added former U.S. Sen. Byron Dorgan of North Dakota to its board of directors. The San Francisco-based company says the name change better reflects its mission to …
The Tennessee Valley Authority’s coal ash trial started its fourth week with plaintiff attorneys cross-examining a TVA consultant who says he was hired to find what caused the spill, not to place blame. Geotechnical engineer William H. Walton was to …
Two Amish men in western Kentucky have been ordered to pay fines and could face jail time for refusing to post reflective triangles on their horse-drawn carriages. Levi Hostetler and Joe Stutzman were found guilty in short trials in Graves …
A decision is pending from the Mississippi Supreme Court in another wind vs. water case, this one involving a Pascagoula home subjected to 6.3 feet of storm surge. The National Flood Insurance Program paid Jackson County sheriff’s deputy Michael Robichaux …
A judge has dismissed a lawsuit against the U.S. government over the wreck of a $750,000 Ferrari driven by an FBI agent, saying federal law grants immunity if property is being held by law enforcement. The wreck of the rare …
U.S. regulators pondering which non-bank financial firms are large enough to warrant additional oversight have proposed a $50 billion asset threshold in conjunction with levels of debt and derivatives. The Financial Stability Oversight Council on Tuesday agreed to issue for …
