A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Beazley Insurance Company, Inc. (BICI) of Farmington, Conn. with stable outlooks. Best noted that the “ratings reflect the significant …
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating (ICR) of “bbb-” of Lebanon’s Arab Reinsurance Company S.A.L., both with stable outlooks. “The ratings reflect Arab Re’s strong current and prospective risk-adjusted …
A federal report details safety concerns and citations issued to the East Texas refinery where an explosion killed one worker and injured others last week. The Occupational Safety and Health Administration released a 36-page report on the Delek refinery to …
Authorities in Lake Village, Ark., say 76 students were hospitalized after three school buses collided Nov. 24 on U.S. 65 between Lake Village and Eudora. The students, who were in grades four through 12 in the Lakeside School District were …
President George W. Bush has granted pardons to 14 individuals, including a Texas woman sentenced in 1998 for her part in an insurance fraud scheme. Brenda Jean Dolenz-Helmer of Fort Worth, Texas, was convicted of concealing knowledge of a crime. …
Eric Amoako, 51, of Houston, has been sentenced to federal prison for his role in an insurance fraud scheme, acting United States Attorney Tim Johnson announced Nov. 25. Amoako, a personal injury attorney with an office on Bissonnett in southwest …
John T. Sargent, director of the special investigation unit (SIU) of MetLife Auto & Home, a subsidiary of MetLife Inc. was elected chair of the New York Alliance Against Insurance Fraud (NYAAIF) at the alliance’s annual meeting on Nov. 17 …
Florida Governor Charlie Crist, signaling the final days of the 2008 Atlantic hurricane season, urged Floridians to heed the advice of state emergency management officials by planning year-round for emergencies and natural disasters including hurricanes and tornadoes. The 2008 Atlantic …
Use of electronic health records (EHRs) may help reduce paid malpractice settlements for physicians, according to a new study. The study, which appeared in the November 24 issue of Archives of Internal Medicine, showed a trend toward lower paid malpractice …
Officials at Jackson State University in Mississippi have opened a Department of Homeland Security research facility. A ribbon-cutting ceremony was held recently for the Center of Excellence for the Study of Natural Disasters, Coastal Infrastructure and Emergency Management. The center …