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AP Top Financial News At 7 p.m. EDT

May 29, 2015

US presses Europeans at meeting to solve Greek crisis Fuel and potential fires for the US economy ahead US consumer sentiment drops in May Stocks end week lower following disappointing economic data General Motors, Subaru models added to Takata air bag recall Report: Health insurer Humana considering a sale AmEx president dies suddenly after falling ill on…

How Safe Is Your Florida Property Insurer In 2015?

May 29, 2015

Up to 45,000 customers of state-run insurer Citizens are getting offers from Mount Beacon Insurance Co. and Heritage Property& Casualty Insurance Co. in June. Welcome to the 2015 hurricane season in Florida, home to the nation's highest premiums and an insurance market reinventing itself by the day. One place to start is The Palm Beach Post's online property…

Neighbor saves woman from burning mobile home

May 29, 2015

May 29– Hertig was credited with rescuing Virginia Todd from a burning mobile home on Sonlight Lane. Firefighters with the Tyro Rural Fire Department were dispatched to the working mobile home fire at 10:42 a.m. Friday, said Courtney Hepler, telecommunicator with Davidson County 911.. Tyro firefighter John Mosby said his department extinguished the fire…

Area experiences crop damage due to storms, Haskell Co. road washed away

May 29, 2015

The areas most affected were in Haskell, Lane, Hodgeman and northeast Finney counties. In northeast Finney County, wheat farmer Grover Whipple said he had what appeared to be 100 percent damage to his crop due to hail and tornadoes, which lasted from 7 p.m. to midnight Wednesday night. Finney County Emergency Manager Gilbert Valerio said some areas near Kansas…

The Law of Charitable Pledges

May 29, 2015

At its annual banquet, a major charity calls out the name of each attendee who then stands and announces the amount he pledges to the annual campaign.. One guy refused to satisfy his pledge; the charity sued him and won. When his name was called, he stood and said,“ I pledge $100, 000— plus interest and court costs.”.

FEMA Begins Reviewing Sandy Flood Insurance Claims

May 29, 2015

FEMA said in a statement the agency is mailing letters to about 142,000 National Flood Insurance Protection policyholders. The development comes after FEMA announced plans to set up a review process in March and as some homeowners allege insurance companies unfairly assessed damage after the October 2012 storm that killed 71 people in New Jersey and 68 in…

Learn how to help Central Texas flood victims

May 29, 2015

May 29– Here is information on how to help Central Texas flood victims and volunteers. *For volunteer and flood victim information, call 512-754-2275. Volunteers in Wimberley will be required to register at Cypress Creek Church, 211 Stillwater Road. *Cypress Creek Church, 211 Stillwater in Wimberley.

Harris rejects plea deal in murder case

May 29, 2015

Dean Bowman, a special prosecutor from the N.C. Attorney General's Office, told Superior Court Judge Gale M. Adams Thursday afternoon that the state had offered a deal to Paige Shelton Harris, which she rejected. Paige Shelton Harris called deputies April 26, 2010 to report the death of her mother-in-law, Myra Hockaday Harris, according to court documents.

Animals perish in devastating fire at exotic pet store in Indiana County

May 29, 2015

May 28– Mike Pearce gently lifted a 4- foot alligator, swaddled it in a pink towel, and raced it out of his fire-damaged exotic pet store in Indiana County Thursday afternoon. The alligator, a spectacled caiman, was among the few reptiles, birds and mammals that survived the flames that swept through Pearce's Pet Place in White Township, just outside Indiana Borough.

Sacred Heart hospital employees vote to unionize

May 29, 2015

May 29– Cooks, housekeepers, certified nursing assistants and other frontline employees at PeaceHealth's Sacred Heart hospitals have voted to unionize. Employees who had worked on the campaign to unionize said they were excited, overjoyed and overwhelmed by the vote while PeaceHealth expressed disappointment. Marie Stehmer, director of human resources at…

A.M. Best Affirms Ratings of MS&AD Insurance Group Holdings, Inc.’s Main Operating and U.S. Subsidiaries

May 29, 2015

A.M. Best has affirmed the financial strength ratings of A+ and the issuer credit ratings of“ aa” of Mitsui Sumitomo Insurance Company Limited and Aioi Nissay Dowa Insurance Company Limited. A.M. Best also has affirmed the FSR of A- and the ICR of“ a-” of ADI’ s subsidiary, Aioi Nissay Dowa Insurance Company Limited. Concurrently, A.M. Best has affirmed the FSR of A+ and the…

Robin S. Weingast & Associates Creates Knowledge Center to Help Brief Potential Clients on Retirement Planning

May 29, 2015

Robin S. Weingast and Associates have created a knowledge center covering some of the fundamentals of benefits packages to help clients start the retirement process properly prepared.Garden City, NY—- 05/29/2015– Planning for retirement requires no significant lack of preparation and investment, and many individuals and businesses alike want to create a…

Whistleblower on email flap: Lawmaker 'betrayed my trust'

May 29, 2015

May 29– When whistleblower Joe Vincoli sent emails to his state representative, he never expected them to be forwarded to officials with Carolinas HealthCare System. It so happens that MedCost's other owner– N.C. Baptist Hospital in Winston Salem– is Lambeth's former employer. Vincoli fired off a complaint last week to the North Carolina Ethics Commission,…

Whistleblower on email flap: Lawmaker 'betrayed my trust'

May 29, 2015

May 29– When whistleblower Joe Vincoli sent emails to his state representative, he never expected them to be forwarded to officials with Carolinas HealthCare System. It so happens that MedCost's other owner– N.C. Baptist Hospital in Winston Salem– is Lambeth's former employer. Vincoli fired off a complaint last week to the North Carolina Ethics Commission,…

A.M. Best Revises Outlook to Negative for Members of CSAA Insurance Group

May 29, 2015

A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A+ and the issuer credit ratings of“ aa-” of the members of CSAA Insurance Group, which are CSAA Insurance Exchange, CSAA Affinity Insurance Company, CSAA General Insurance Company, CSAA Mid-Atlantic Insurance Company of New Jersey, CSAA Mid-Atlantic Insurance…

A.M. Best Affirms Ratings of Health Services Welfare Society Limited

May 29, 2015

A.M. Best has affirmed the financial strength rating of B and the issuer credit rating of“ bb+” of Health Services Welfare Society Limited, trading as Accuro Health Insurance. The outlook for both ratings remains stable. This affirmation reflects Accuro’ s good business profile in New Zealand’ s retail medical insurance sector, favorable growth and the experience…

What's next for Joey Harrison's Surf Club property?

May 29, 2015

Surf Club owner Joseph Barcellona Sr. could not be reached for comment Thursday about his plans for the iconic nightclub at 1900 Ocean Terrace, which also had its own private beach. In June 2013, about 200 people rallied on Ocean Terrace to “Save the Surf Club,” after Barcellona and his wife, Dolores, said an ongoing fight with insurance companies was threatening…

Novus Law, LLC And Fireman’s Fund Insurance Company Named 2015 “Value Champions” By The Association Of Corporate Counsel

May 29, 2015

CHICAGO, May 29, 2015/ PRNewswire-USNewswire/– The strategic partnership of Novus Law, LLC and its client, Fireman's Fund Insurance Company, was named a 2015 “Value Champion” by the Association of Corporate Counsel last week. The collaboration was honored for the development and implementation of several successful initiatives which resulted in…

A.M. Best Affirms Ratings of Maiden Holdings Ltd. and Its Subsidiaries

May 29, 2015

A.M. Best has affirmed the financial strength rating of A- and the issuer credit ratings of“ a-” of the property/casualty subsidiaries of Maiden Holdings, Ltd., also known as Maiden Group. Concurrently, A.M. Best has affirmed the ICR of“ bbb-” of Maiden Holdings and the debt rating of“ bb” on its preferred stock. A.M. Best has also affirmed the ICR and senior debt ratings of“ bbb-”…

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