Industry News

Claims Journal

FDA Bans Some Artificial Flavors Banned Due to Safety

Nov 15, 2018 Six artificial flavors are being ordered out of the food supply in a dispute over their safety, but good luck to anyone who wants to know which cookies, candies or drinks...

California Homeowners Face Worker Shortage, High Costs in Rebuilding

Nov 15, 2018 Californians who lost a home to the state’s wildfires could face a nightmarish recovery as they try to rebuild. It’s always a challenge to recuperate...

California Woman Got Email From Utility About Issue a Day Before Fire

Nov 15, 2018 A day before a deadly blaze destroyed a California town, the giant utility Pacific Gas & Electric Co. got in touch with Betsy Ann Cowley, saying the company...

Business News: ISCM/CAS, QBE, ISO

Nov 15, 2018 ISCM, CAS Institute Launch New Education and Credentialing Program for Catastrophe Risk Professionals The International Society of Catastrophe Managers (ISCM), a professional association...

Insurance Journal

Brexit Uncertainties Remain for City of London – Despite Approval of Draft Deal

Nov 15, 2018 The City of London averted one disaster with the draft Brexit deal announced Wednesday. But the resignation of Brexit Minister Dominic Raab...

Worker Killed in North Carolina Industrial Accident at MillerCoors Plant

Nov 15, 2018 Authorities have identified a man who was killed in an industrial accident in North Carolina. The Rockingham County Sheriff’s Office said 44-year...

Normandy Insurance of Florida Promotes Lieberman to VP of Sales, Marketing

Nov 15, 2018 Florida-based workers’ compensation carrier Normandy Insurance Co. has promoted Laura Lieberman to vice president of Sales and Marketing,...

North Carolina Ag Chief Says $250M in Aid Needed for Farmers After Florence

Nov 15, 2018 North Carolina Agriculture Commissioner Steve Troxler says his agency needs the full $250 million he requested for cash payments to farmers with...

Best's Reviews

A.M. Best Downgrades Credit Ratings of Maiden Holdings, Ltd. and Insurance Subsidiaries

Nov 14, 2018 A.M. Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” from “bbb-” of Maiden Holdings, Ltd. [...

A.M. Best Affirms Credit Ratings of Economical Mutual Ins Co and Waterloo Ins Co; Withdraws Credit Ratings of Waterloo Ins Co

Nov 14, 2018 A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-...

1347 PIH Posts $2.1 Million Third-Quarter Net Loss

Nov 14, 2018 1347 Property Insurance Holdings Inc. is diversifying risk and increasing rates, Chief Executive Officer Doug Raucy said as the company reported a $2.1 million...

A.M. Best Places Credit Ratings of Savers Property and Casualty Insurance Company Under Review With Positive Implications

Nov 14, 2018 A.M. Best has placed under review with positive implications the Financial Strength Rating...