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After Food Safety Scares, China Retailer Offers Baby Milk Insurance

A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China. Suning Commerce Group Ltd, which owns the Redbaby chain of stores, … Continue reading

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After Food Safety Scares, China Retailer Offers Baby Milk Insurance

A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China. Suning Commerce Group Ltd, which owns the Redbaby chain of stores, … Continue reading

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Allied World to Acquire RSA’s Hong Kong, Singapore Operations

Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal Sun Alliance Insurance plc (RSA) for approximately $215 … Continue reading

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Allied World to Acquire RSA’s Hong Kong, Singapore Operations

Allied World Assurance Company Holdings, AG announced that one of its operating units, Allied World Assurance Company, Ltd. has reached definitive agreements to acquire the Hong Kong and Singapore operations of Royal Sun Alliance Insurance plc (RSA) for approximately $215 … Continue reading

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Ratings Recap: Trust Re, Alliance

A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Trust International Insurance Reinsurance Company B.S.C. (c) Trust Re, which is based in Bahrain. The outlook for both ratings remains stable. … Continue reading

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Ratings Recap: Trust Re, Alliance

A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Trust International Insurance Reinsurance Company B.S.C. (c) Trust Re, which is based in Bahrain. The outlook for both ratings remains stable. … Continue reading

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Ratings Recap: Continental, Nat’l. Guaranty, Westminster, Triangle, Ellington Mutual

A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-”of Chicago-based Continental Assurance Company (CAC), and has removed the ratings from under review with developing implications and … Continue reading

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Ratings Recap: Continental, Nat’l. Guaranty, Westminster, Triangle, Ellington Mutual

A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-”of Chicago-based Continental Assurance Company (CAC), and has removed the ratings from under review with developing implications and … Continue reading

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Flood Control Plan for North Dakota’s Souris River Valley in Limbo

Plans for an $823 million flood control project for the Souris River Valley in North Dakota are in limbo due to federal policy changes and disagreements in Congress. Corps of Engineers officials are studying new rules that impact changes to … Continue reading

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Despite Murder Charge, Texas Woman Gets Insurance Payout

A judge has awarded the payout of trucking magnate Bill Hall Jr.’s life insurance policy to Hall’s widow, who’s charged with murdering her husband. Bexar County Probate Judge Tom Rickhoff has ordered that Frances A. Hall receive about $310,000 from … Continue reading

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