Insurance

AM Best reports it has has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of the members of the Philadelphia Contributionship Group that …

New Jersey Attorney General Matthew J. Platkin is charging a well-known New Jersey insurance executive and long-time Democratic political influencer with leading a criminal enterprise in the state for the past dozen years. George E. Norcross III, executive chairman of …

An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony), following an investigation by the Iowa Insurance Division’s Fraud Bureau. Amanda Manatt, age 35, of Marshalltown allegedly falsified patient records while working …

There is a 65% chance of the La Nina weather pattern, characterized by cold temperatures in the Pacific Ocean, developing during July-September, a U.S. government forecaster said on Thursday. This shift from the current neutral phase between La Nina and …

A growing number of America’s biggest companies are revising diversity metrics for executive pay, a possible sign that conservative-led attacks on DEI are weighing more heavily on corporate culture. A review of about 1,200 companies found that the proportion of …

AM Best announced it has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a-” (Excellent) of Louisiana Farm Bureau Mutual Insurance Company, based in Baton Rouge. The …

HOUSTON (AP) — Houston leaders have agreed to a bond deal that could cost the city’s taxpayers more than $1 billion to cover years of back pay owed to firefighters. Firefighters in the nation’s fourth-largest city have worked without a …

CLEVELAND (AP) — Former Cleveland Browns quarterback Bernie Kosar has sued a digital media company over his firing as a pregame radio host for placing a bet on a sportsbook app when Ohio legalized gambling last year. According to court …

Alliant Insurance Services, known as one of the larger U.S. insurance distribution companies, has named Kevin Wintermute executive vice president of its employee benefits group, based in Charlotte, North Carolina. Wintermute has 28 years in the business. Previously, he was …

Residents of a New Mexico town were ordered to flee their homes on Monday due to a fast-moving wildfire. The town of Ruidoso, with roughly 7,000 residents, was ordered to immediately evacuate from the South Fork and Salt fires. “An …