A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Chicago-based Old Republic Insurance (formerly known as Old Republic Group) and its members and Bituminous Insurance Companies of Rock …
U.S. nursing homes are pushing against an effort in Congress to invalidate arbitration clauses in admissions contracts, a change that would make it easier for residents to sue for shoddy care or wrongdoing. A spokeswoman for the industry, which includes …
Walls and levees held back the cresting Mississippi River Sunday as requests for government aid poured in from homeowners and businesses swamped by the worst Midwest flooding in 15 years. Across from St. Louis, where the river remained near the …
The storms that produced widespread flooding across the state this month caused almost half a billion dollars in damage. The Wisconsin Emergency Management department says preliminary figures add up to more than $470 million in damage. Federal officials are still …
Acuity Mutual Insurance is liable for nearly $1 million in damages a federal court ordered a Wisconsin business to pay Internet software company Symantec Corp. That is the ruling Wednesday by the Wisconsin Supreme Court. Cupertino, Calif.-based Symantec sued Wauwatosa-based …
A 56-year-old West Bend, Wis. man will serve five years in prison for drunk driving and causing the death of his 9-year-old son. John B. Ibeme will also serve seven years of extended supervision and two years of probation following …
The U.S. Agriculture Department (USDA) will look “at everything possible” to aid Midwest farmers hurt by the worst flooding in more than 15 years, Agriculture Secretary Ed Schafer said Wednesday (June 18). President George W. Bush was scheduled to visit …
Quarterly earnings from bank insurance brokerage hit their second-highest level in first quarter 2008. Bank insurance brokerage earnings in the first three months of 2008 were $1.078 billion, up 8.6 percent from $993.3 million in the first quarter of 2007 …
About 50 Wisconsin communities, including flood-damaged Lake Delton and La Valle near the Wisconsin Dells resort area, have dropped out of the federal flood insurance program, making residents ineligible for federal aid, state and federal officials said. Residents in communities …
When former Citigroup executive Robert Willumstad lays out his turnaround plan for insurer American International Group in September, it will likely include plans to shed some of the sprawling group’s non-insurance entities. Willumstad, who was tapped late on Sunday to …
