AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb” (Fair) from “bb+” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of Cameron Mutual Insurance Company (Cameron Mutual) (Cameron, MO). The outlook of the … Read more »

This edition of International People Moves details appointments at RMS and and Catalina. A summary of these new hires follows here. Moody’s, RMS Appoints Hare MD of APAC Andrew Hare has been appointed managing director, Asia Pacific at RMS, the … Read more »

New Orleans officials asked a federal judge Tuesday to end court-supervised oversight of its police department under a pact negotiated with the U.S. Justice Department a decade ago, after deadly police shootings of civilians following Hurricane Katrina cast renewed scrutiny … Read more »

A Des Moines council member is countersuing two police officers who took the unusual step earlier this year of suing several people who participated in a 2020 protest following a Minneapolis officer’s killing of George Floyd. Councilwoman Indira Sheumaker’s countersuit … Read more »

An Arkansas state senator will be required to unblock critics from his social media accounts under a settlement a national atheists’ group said it reached with the state on Wednesday. American Atheists announced the settlement in its federal lawsuit against … Read more »

After Terrence Hersey had a stroke on the way home from his railroad job in 2015, he underwent months of therapy to learn how to put words together in sentences and learn to walk again. He had to relearn how … Read more »

Diplomats concerned about an atomic accident at a war-damaged nuclear power plant in Ukraine should also turn their attention to a larger and looming danger, according to engineers who study critical infrastructure. Already only two of six reactors at the … Read more »

Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies, according to a Lloyd’s market bulletin issued this week. The exclusion would include liability for losses arising from both war- and non-war-related state-backed cyber-attacks. “Lloyd’s remains strongly supportive … Read more »

The number of reported incidents involving aiming of lasers at U.S. airplanes hit a record in 2021, according to a federal government report, which also said regulators should do more to address the problem. The Government Accountability Office said the … Read more »

The small town of Gilmanton, New Hampshire and a selectman who owns a winery have successfully defended themselves against multiple claims of defamation brought by a well-known and politically active local couple. But the town must face further legal proceedings … Read more »