Monthly Archives: <span>May 2007</span>

Vermont House Moves Seat Belt, Cell Phone, Teen Driving Bill

The Vermont House advanced a bill this week that toughens the state’s seat belt law and bans chatty motorists from using anything but a “handsfree” cell phone while driving. The bill given preliminary approval by the House also would impose …

N.J. Gov. Corzine, Injured in Crash, Pays Seat Belt Fine

New Jersey Gov. Jon S. Corzine has voluntarily paid a $46 fine for violating state law by not wearing a seat belt during the trip in which a car accident almost killed him, his spokesman said. Corzine met with State …

Maine Adopts Primary Seat Belt Law

Maine Gov. John Baldacci has signed a bill that will make failure by motorists to use seat belts a primary offense, but violators will only get warnings for the first few months the law’s in effect. Under current law, police …

NFL Players Association Countersues over Hedge Fund Liability

The National Football League Players Association is countersuing six current and former players who are seeking to hold the union and league liable for millions of dollars they lost in an alleged fraud scheme. The NFLPA, in papers filed last …

Conn. Towns, Used to Autonomy, Urged to Cooperate on Disaster Plans

Connecticut towns must learn to work together before the first warning is issued of an impending disaster or even before prevention plans are made, local officials were told this week. It’s not an easy task in a state of 169 …

N.J. Man Pleads Guilty in Atlantic City Insurance Scandal

An Atlantic City insurance consultant pleaded guilty this week to bribing two city councilmen in a corruption scandal that rocked the resort city’s municipal government. Three of the nine people who served on the City Council a year ago were …

Three in Mass. Plead Guilty in $30 Million Unreported Payroll Scheme

Three Quincy, Mass. residents pleaded guilty on Tuesday as their federal trial was to begin on charges they failed to pay required taxes and insurance for hundreds of temporary workers over a decade. Prosecutors said the unreported cash payroll totaled …

Conn. Seeks Federal Disaster Funds

Gov. M. Jodi Rell has asked President Bush to declare Connecticut a disaster area because of the April 15 storm that dumped up to 8 inches of rain in some areas and caused major flooding. A disaster declaration would make …

Developing Countries Want Assistance Offer Included in Climate Report

Developing countries are demanding that a key climate report being negotiated this week in the Thai capital recognize a troubling reality: they will be hit worse by a warming world and need plenty of help to deal with it. The …

Fitch Affirms RenRe’s Ratings

Fitch Ratings has affirmed the following ratings on Bermuda-based RenaissanceRe Holdings Ltd. (RNR): –Issuer Default Rating ‘A-‘; –Senior unsecured notes ‘BBB+’; –Preferred stock ‘BBB’. Fitch also affirmed its “A” insurer financial strength (IFS) rating on Renaissance Reinsurance Ltd. with a …