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In Brief: Daschle won't seek HHS secretary role.

Publication: Business Insurance
Publication Date: 09-FEB-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: In Brief: Daschle won't seek HHS secretary role.(Briefs)(Ironshore Inc. has got the A- rating from A.M. Best Co. Inc.)(American International Group Inc's bailout study by Government Accountability Office)(Delphi Corp. is seeking permission to terminate health and life insurance coverage for retirees)

Article Excerpt
Former Senate Majority Leader Thomas A. Daschle has withdrawn his name for consideration as secretary of Health and Human Services. Mr. Daschle's withdrawal followed criticism for his failure to pay more than $100,000 in taxes. He apologized for his actions and met with the Senate Finance Committee last week to provide further explanations.

Best puts Ironshore units under review

A.M. Best Co. Inc. put its financial strength rating of A- for Ironshore Inc.'s operating subsidiaries under review with negative implications. Best said that the Bermuda-based insurer's "material deviation'' from its original business plan is giving the Oldwick, N.J.-based ratings agency cause for concern. Best analysts said they believe the change...

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