A total of 246,000 nonfatal injuries and illnesses were reported in private industry workplaces in Texas during 2005, resulting in a rate of 3.6 cases per 100 equivalent full-time workers, according to the Texas Department of Insurance Division of Workers’ …
Standard & Poor’s Ratings Services said that its “interactive Lloyd’s Syndicate Assessment (LSA) of ‘2+/Stable’ on Canopius Managing Agents – Syndicate 4444 and its public information-based LSA of ‘1pi’ on Creechurch Underwriting – Syndicate 1607 are unaffected by the Oct. …
Bermuda’s XL Capital Ltd. became the latest major insurer based on the island to report strong income gains in the third quarter of 2006. XL posted net income available to ordinary shareholders for the quarter of $415.8 million, or $2.32 …
Boston-based consultant and catastrophe risk modeler AIR Worldwide Corporation has released a new analysis of European extratropical cyclones, which confirms that Europe could experience a winter storm resulting in insured losses in excess of €40 billion ($50.6 billion). “For an …
The city manager of the St. Louis suburb of Berkeley pleaded guilty Tuesday to federal bribery and mail fraud for taking bribes from an insurance broker, U.S. Attorney Catherine Hanaway said. Former Berkeley City Manager Joseph King, 38, of Florissant, …
Niles Mayor Nicholas Blase pleaded not guilty Tuesday to a federal indictment accusing him of pocketing more than $420,000 in a decades-long kickback scheme. Blase is charged with coercing businesses in his northwest Chicago suburb to buy insurance from an …
A Mississippi woman who said she got cancer after years of washing clothes that were covered with asbestos dust has won a settlement from four companies that she blamed for her illness. Patsy Jean Bodkin, a retired cook who washed …
Neighbors and police officers have known for years that someone was setting a rash of fires in the small town of Tiptonville, Tenn., destroying buildings and sheds. But it was a shock to learn that the people responsible for putting …
A former insurance agent sentenced to 21 years in prison for cheating six elderly people has pleaded guilty to swindling a seventh. Ryan Wingler, 34, admitted in court Monday that he stole $16,000 from a woman who said she wrote …
New Citizens Property Insurance Corp. policy language could reduce sinkhole premiums in Pasco County, Fla. by as much as 56.5 percent and by 43.9 percent in Hernando County – the two Tampa-area counties where sinkhole claims have been most frequent. …