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A.M. Best Co. has upgraded the financial strength rating to B+ (Good) from B (Fair) and issuer credit rating to “bbb-” from “bb” of Springfield Insur
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A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A+ (Superior) and issuer credit rating (I
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Vermont Gov. Jim Douglas signed a bill authorizing tax incentives to entice the formation of new captive insurers in the state.
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Florida Gov. Charlie Crist has signed legislation to allow the state-run insurer to increase rates up to 10% per policy per year, beginning in 2010,
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American International Group Inc. is selling 26 million shares of reinsurer Transatlantic Holdings Inc. as it continues to divest assets in order to
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A federal appeals court in New Orleans has upheld a judge's ruling that dismissed an engineering firm from a lawsuit involving a Hurricane Katrin
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The Wisconsin Supreme Court says police were within their rights to pull over a drunken driver whose vehicle briefly crossed the center line.
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The Oregon Senate has approved a bill that would give Oregonians harmed by defective products more time to take legal action.
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