A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Travelers Insurance Companies and its P/C members. Best also affirmed the debt ratings of “a-” on senior debt, “bbb+” …
The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases. During it fiscal year 2007, the 209 insurance fraud cases investigated by the FBI resulted in 39 indictments and …
Under fire for a spate of construction accidents, the city will spend $5.3 million to hire 63 more safety inspectors, Mayor Michael Bloomberg announced Sunday. “The Buildings Department has a critical responsibility to protect the public from construction hazards and …
But rising medical costs, regulatory landscape and insurers’ low investment yields make the long-term outlook less certain The workers’ compensation insurance market turned in solid overall results in 2007, and the short-term view for the market is optimistic. But the …
Supply chain players advised to combine strategies for a multi-level solution to loss control While cargo theft can affect every sector of the supply chain, competing interests among the various players in the chain can get in the way of …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
The Charleston, S.C. mayor is blaming the owner of a furniture store for the deaths of nine city firefighters, saying illegal additions to the building turned a small trash fire into a raging inferno. Mayor Joe Riley’s comments to The …
Olympia, Wash., and its metropolitan area are the safest places in the nation to live, work or raise a family, according to the fourth annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. The rankings, …
Two more families of Charleston, S.C. firefighters killed in last year’s Sofa Super Store blaze sued the store, furniture manufacturers and other companies. The Post and Courier of Charleston reported May 14 the wrongful death lawsuits accuse the companies of …
A new analysis of the South Carolina furniture store fire that killed nine Charleston firefighters last year says the department inadequately trained and supervised its personnel and exposed the men to excessive risks the night they fought the fire. The …
