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AM Best Upgrades Credit Rating of Louisiana Farm Bureau

3 months 2 weeks ago
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “bbb” (Good) of Louisiana Farm Bureau Insurance Company …

New Jersey Lawmakers Weigh Future of New Flood Rules

3 months 2 weeks ago
A joint legislative panel took more than four hours of testimony on a proposal to rescind and amend controversial flood rules approved on Gov. Phil Murphy’s last day in office. The discussion was spurred by a resolution sponsored by Senate …
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PwC Pays $166 Million to Settle HK Evergrande Audit Probe

3 months 2 weeks ago
PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension …
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People Moves: Goldie to Oversee Nationwide’s Management Liability, Cyber Teams; Former FIO & NAIC Exec. Joins The Council; Smallcombe Appointed CUO, Ascot US

3 months 2 weeks ago
Bobbie Goldie to Oversee Nationwide’s Private Company Management Liability, Cyber Liability Teams Nationwide is tapping insurance industry veteran Bobbie Goldie to oversee the insurance and financial services company’s private company management liability and cyber liability teams. She’ll assume that role …