January 18, 2008
Arkansas state government is promoting a new program for workers who want to improve their job security. The state Department of Workforce Services is among several state agencies that are promoting a new certification for workers, the Arkansas Career Readiness …
January 18, 2008
Standard & Poor’s Ratings Services indicated that its ratings on PartnerRe Ltd., currently ‘A’ with a stable outlook, and related subsidiaries, will not be affected following the group’s announcement that it expects a non-operating charge of $74 million in the …
January 18, 2008
The formerly placid world of the bond insurers has suddenly become as chaotic as the P/C sector after a major hurricane. Standard & Poor’s Ratings Services published a new version of its bond insurance stress tests on January 15. Three …
January 18, 2008
Restaurant owners across Tenesee may have to pay thousands to shore up a workers’ compensation fund that the state says was mismanaged. The Tennessee Department of Commerce and Insurance is suing Ronnie Hart, the president and chief executive of the …
January 18, 2008
Supporters of a special fund to compensate victims of last summer’s Minneapolis bridge collapse hope to have a law establishing the account passed by mid-March. State Senator Ron Latz and Representative Ryan Winkler say they will strive to get a …
January 18, 2008
U.S. investors are heading into 2008 stung by a series of legal and regulatory setbacks, analysts say, with the latest the Supreme Court’s ruling in the Stoneridge case protecting businesses from securities-fraud lawsuits. Tuesday’s ruling follows a decision late last …
January 18, 2008
A Senate committee is moving quickly on a proposal to help flood- and tornado-damaged communities rebuild homes. The Ways and Means Committee voted Monday to sponsor the proposal. It would provide $12 million over three years to help communities rebuild …
January 18, 2008
A Kansas firefighter and his wife are charged with multiple felonies in an alleged insurance fraud-arson scheme. Shawnee Heights Fire District firefighter Laramie McPherson and his wife Christine McPherson are accused of trying to set fire to their 1999 Toyota …
January 18, 2008
Edward W. Scannell III has joined Blue Bell, Pa.-based PMA Insurance Group as branch vice president for Connecticut and New York. Scannell will oversee the agency distribution network in those states, where PMA said it is planning to expand its …
January 18, 2008
While flooding in California’s Central Valley is “the next big disaster waiting to happen,” water-related infrastructure issues confront almost every community across the country, according to engineers at the University of Maryland’s Clark School of Engineering in separate reports to …