Monthly Archives: <span>January 2006</span>

R&M Offers E-Learning on Asset Management Liability

Dublin-based Research and Markets announced the addition of an E-Learning Course – “Asset Liability Management [ALM] for Insurance Companies” to their offering. The course offers “a comprehensive e-learning product covering Global Best Practices, Strategic, Operational and Analytical aspects,” said the …

Lead Paint Makers Rest Their R.I. Case Without Calling Witnesses

Lawyers for four lead-paint makers accused of creating a public-health threat that poisons thousands of children a year abruptly rested their case on Jan. 26 without calling any witnesses. Later in the day, defense lawyer Suesan Lea Pace said in …

Philly Refinery Worker Awarded $9M for Injuries Suffered in Fall

A jury has awarded a Sunoco laborer $9 million for injuries suffered when he fell from a ladder at the company’s South Philadelphia refinery. Patrick Brown, 35, fell in October 2002 while climbing down a ladder between catwalks, banging his …

Insurer Sues Former Media Executive to Recover Theft Claim Payments

An insurance company has sued a former executive of the New York Daily News and U.S. News and World Report to recover nearly $600,000 the carrier paid to reimburse the publications for his alleged thefts. Federal Insurance Co. says in …

Okla. Gov. Listed as Witness in Trial of Former Commissioner

Oklahoma Gov. Brad Henry and former Gov. Frank Keating have been listed as defense witnesses for Carroll Fisher, the former state insurance commissioner, the Oklahoman and the Associated Press reported. Both have been critical of Fisher, who quit in 2004. …

65 Die in Polish Building Collapse

At least 65 persons lost their lives when the roof of an exposition building in Katowice, Poland collapsed Saturday afternoon, Jan. 28, possibly under the weight of accumulated heavy snow. Another 140 people, who were attending a pigeon fanciers show …

NTSB Blames Pilot Failure in Fatal Regional Airline Crash in Missouri

The National Transportation Safety Board said it has determined that the cause of an aircraft accident in Kirksville, Missouri was the pilots’ failure to follow established procedures and properly conduct a nonprecision instrument approach at night in instrument meteorological conditions …

Portland Residents Charged in Hurricane Katrina Disaster Scheme

Karin Immergut, the United States Attorney for the District of Oregon, reported that six Portland residents have been charged in connection with the fraudulent receipt of Hurricane Katrina disaster relief funds. The indictments were returned by a federal grand jury …

N.Y. Cop Nabbed for Fraud, Grand Larceny; ‘Required’ 218 Injury Days

Suffolk County (New York) District Attorney Thomas Spota reported the arrest of a Suffolk County police officer for grand larceny, insurance fraud, defrauding the government and other crimes. William Lynch, 28, of Port Jefferson Station, a former member of the …

ATF, Tulsa Fire Department Report Arson Cause of Club Fire

Investigators from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and the Tulsa Fire Department have determined that arson was the cause of the Jan. 22 fire that destroyed the Vintage Health Quest Athletic Club in Tulsa. After three …