September 26, 2007
“Arnie” and “Al,” Republican and Democrat, shared the world spotlight to press for climate action, adding a touch of star quality to the staid proceedings of a U.N. summit. The two headliners, California Gov. Arnold Schwarzenegger and former Vice President …
September 26, 2007
A train derailment in Flomaton, Ala., over the weekend caused some anxiety and evacuations after authorities learned that the 66-car train was carrying anhydrous ammonia. The derailment that occurred after 9 p.m. on Sept. 22 when 11 of the cars …
September 26, 2007
A former Los Angeles insurance broker surrendered himself to authorities after being convicted of two fraud counts, the California Department of Insurance reported. Gurjeet Singh (aka George Singh), 57, of Los Angeles, was sentenced on July 2, 2007, to serve …
September 25, 2007
A major disruption to the Internet would not only be detrimental to businesses, public institutions and citizens, but would also cost the global economy an estimated $250 billion, according to a report released by the Business Roundtable, an association of …
September 25, 2007
The Colorado Court of Appeals has ruled against State Farm Mutual Automobile Insurance Co., noting that the insurer’s exclusive use of a computer database to determine reimbursements of medical costs was unreasonable. The decision opens the door for a class-action …
September 25, 2007
For the fourth year in a row the estimated number of property crimes decreased, according to statistics released by the FBI’s 2006 edition of “Crime in the United States,” a statistical compilation of offense and arrest data as reported by …
September 25, 2007
A prominent pastor accused of filing fraudulent life insurance claims to funnel money to church groups he controlled appeared in court in Centennial, Colo. Acen Phillips, 72, was accompanied by defense lawyer Gary Lozow but Lozow said he wasn’t representing …
September 25, 2007
A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Rockhill Insurance Company are unchanged following the announcement that Rockhill has signed a definitive agreement to acquire …
September 25, 2007
A.M. Best Co. has affirmed the financial strength rating of “A (Excellent) and the credit issuer rating of “a+” of Swiss-based Elvia Reiseversicherungs-Gesellschaft-AG (Elvia) and its US subsidiary, Jefferson Insurance Company of New York, with a stable outlook. “The affirmation …
September 25, 2007
Cameron, La., and Weirgate, Texas, have something in common: both are recovering slowly two years after Hurricane Rita blew through them in September 2005. According to Associated Press reports, nearly everyone in Cameron still lives in temporary housing and in …