The Roman Catholic Archdiocese of Los Angeles withheld “critical evidence” that could help insurance carriers assess the validity and worth of more than 500 sexual abuse claims, the insurers allege. In a federal lawsuit filed Jan. 26, three members of …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Egypt’s Al Chark Insurance Company with a stable outlook. “Al Chark’s risk-adjusted capitalisation is likely to have improved at year-end June 2004 as a …
A.M. Best Co. has affirmed the financial strength rating of “A”- (Excellent) of Egypt’s Misr Insurance Company with a stable outlook. Best said it “believes Misr’s level of risk-adjusted capitalisation will deteriorate slightly at June year-end 2004 as a result …
Risk Management Solutions (RMS) has announced estimates that insured losses from the 2004 Southeast Asia earthquake and tsunami will be less than $4 billion, based on the information available within the first three weeks after the disaster. The disaster has …
A nationwide survey of VHA Inc. hospitals reportedly shows that caring for obese patients is an increasing challenge as providers continue to experience spiraling costs, increases in worker injuries and a significant number of patients who are obese, even in …
A total of $1,168,363 in grants has been approved for disaster assistance in Indiana in just one week since the Presidential declaration on Jan. 21, according to figures released by the Federal Emergency Management Agency (FEMA) and the Indiana State …
A bill that bans Virginia motorists younger than 18 from talking on cellular phones while driving and subjects them to tickets if they don’t wear seat belts won easy Senate passage last week. By a 32-7 vote, a bill that …
Oklahoma Lt. Gov. Mary Fallin and Senate Republican leaders, joined by several Oklahoma doctors and business leaders, are calling for meaningful lawsuit reform during the 2005 legislative session. Senate Republican Leader Glenn Coffee, R-Oklahoma City, also provided highlights of major …
Attorney General Henry McMaster announced today in Columbia, S.C. that nine individuals pleaded guilty between Oct. 21, 2004 and Jan. 13, 2005 to 16 counts of Presenting False Claims for Payment, a felony violation of §38-55-170 of the Code of …
One of the most prized traditions of Mardi Gras in New Orleans, the handing of elaborately decorated coconuts to eager parade-watchers during the Zulu parade, is safe—at least this year. Earlier this month, officers of the Zulu Social Aid and …