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News Archives - Insurance Journal

AM Best Downgrades Credit Rating of Missouri’s Cameron Mutual
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 …

POSTED AUGUST 19, 2022 4:41 PM
People Moves: Moody’s, RMS Names Hare Managing Director of APAC; Catalina Hires Diaz-Matos as Chief Commercial Officer and Chief Legal Officer
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 …

POSTED AUGUST 19, 2022 4:38 PM
New Orleans Officials Seek to End Federal Oversight of Police
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 …

POSTED AUGUST 19, 2022 4:31 PM
Iowa Council Member Countersues Police Officers over Protest Arrest
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 …

POSTED AUGUST 19, 2022 4:24 PM
Settlement Requires Arkansas Senator to Unblock Critics on Social Media
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 …

POSTED AUGUST 19, 2022 4:17 PM
Disqualified for Disabilities, Railroad Workers Push Back
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 …

POSTED AUGUST 19, 2022 4:11 PM
War-Damaged Ukraine Nuclear Plant Could Threaten Europe’s Energy Grid
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 …

POSTED AUGUST 19, 2022 4:01 PM
Lloyd’s Insurers Must Exclude State-Backed Cyber-Attacks to Avoid Systemic Risks
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 …

POSTED AUGUST 19, 2022 3:50 PM
Laser Incidents Reported by U.S. Pilots Hit Record in 2021
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 …

POSTED AUGUST 19, 2022 3:19 PM
Small New Hampshire Town Political Spats Devolve Into Defamation, Free Speech Claims
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 …

POSTED AUGUST 19, 2022 2:53 PM

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