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Best Affirms Chubb Group and Subsidiaries 'A++' Ratings A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A++' (Superior) and issuer credit ratings (ICR) of "aa+" of the Chubb Group of Insurance Companies and its P/C members. Best also ... March 17, 2010 12:51 PM Senate Passes Flood Insurance Extension; No House Vote Yet The U.S. Senate has passed a measure to extend the federal flood insurance program until Dec. 31, 2010. The Senate-approved extension is a provision in a bill, American Workers, State, and ... March 17, 2010 12:43 PM S&P Revises Hartford's Outlook to Negative; Debt/Hybrids Assigned Ratings Standard & Poor's Ratings Services has assigned its 'BBB' issue rating to Hartford Financial Services Group Inc.'s (HIG) proposed $1.1 billion senior debt offering. S&P assigned a 'BB' ... March 17, 2010 12:33 PM Ratings Roundup: Middle East, China Taiping, LAWPRO Standard & Poor's Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Jordan-based Middle East Insurance Company (MEICO) to 'BBB-' from ... March 17, 2010 12:18 PM TimeWise: The Magic Time-Saving Box A slender boy of 14 moves slowly across the room. His full head of long red hair bounces as he walks. His mind is racing. He sits at the oak table near the window of the vast room. On the table is ... March 17, 2010 12:10 PM Insurer Group Wants South Dakota Governor to Veto Subrogation Bill The Property Casualty Insurers Association of America (PCI) has requested that South Dakota Governor Mike Rounds veto Senate Bill 169, which PCI says will increase litigation costs and cause ... March 17, 2010 11:58 AM More Than One-Third of U.S. Facing High Risk of Flooding Major flooding has begun and is forecast to continue through spring in parts of the Midwest, according to the National Weather Service. The South and East are also more susceptible to flooding as ... March 17, 2010 11:55 AM Couple Sues Toyota on Behalf of Wash. Customers A Seattle couple has sued Toyota, seeking to have the company take back the vehicle they just bought or reimburse them for lost value. Dana and Douglas Eller filed the lawsuit Monday in federal ... March 17, 2010 11:51 AM Mississippi Ends Special Subsidy for Coastal Wind Pool Mississippi Gov. Haley Barbour has vetoed a bill that would have continued a program that designated part of the state's insurance premium tax to fund the state's property insurer of last ... March 17, 2010 11:39 AM Texas High Court Upholds 10-Year Filing Period in Med-Mal Lawsuits In a move Texas Attorney General Greg Abbott says validates Texas' medical malpractice laws, the Texas Supreme Court has upheld the state's 10-year limitation, or statute of repose, on filing ... March 17, 2010 11:35 AM