January 3, 2008
An Indiana University of Pennsylvania professor who has written about faculty-student relationships has settled a lawsuit brought by a doctoral student who claimed the professor sabotaged his dissertation when he spurned her advances. Terms of the settlement were not spelled …
January 3, 2008
Frederick County, Md. Commissioner Charles Jenkins is calling for penalties for local businesses that hire illegal immigrants. He is talking to the county attorney about a plan to audit local businesses that receive building permits from the county. Under his …
January 3, 2008
Maryland fire marshals say they’re still investigating the burning of a vacant house in Washington County worth $750,000. Fire marshal Ed Ernst told The (Hagerstown) Herald-Mail Monday morning that they still haven’t learned who owns the home. Firefighters let the …
January 3, 2008
Maine saw a downturn in fire-related deaths in 2007. As the year came to a close, the state had recorded 11 fire deaths, which could beat the previous all-time record low of 12 fire deaths in 1995. But the number …
January 3, 2008
Fairfax Financial Holdings Limited and the Cunningham Lindsey Group Inc. announced that they have closed the previously announced sale transaction with Trident IV, L.P., a private equity fund, managed by Stone Point Capital LLC, and certain affiliated entities, collectively Stone …
January 3, 2008
Willis Group Holdings has released its annual reinsurance renewals report for January 2008 with the rather ominous subtitle “Settling or Sinking?” The report highlights “one of the major trends witnessed in this year’s renewals” – a rapidly softening market. As …
January 3, 2008
President Bush issued a federal disaster declaration that will free up money to help Missouri recover from a series of winter storms. More than 170,000 homes and businesses were without power at the peak of the storms earlier this month. …
January 3, 2008
Guy Carpenter greeted the new year with the publication of “Near Misses, Plentiful Reminders: Global Reinsurance Review January 2008,” which it describes as a “briefing on the major trends driving pricing and market conditions across the global reinsurance industry into …
January 3, 2008
A powerful earthquake that rocked the eastern Caribbean last month has for the first time triggered use of an insurance pool that provides emergency cash to regional islands after a significant natural disaster. The magnitude-7.4 quake, which was centered beneath …
January 3, 2008
Emergency management teams will begin assessing damage to homes and businesses as state officials prepare to ask the federal government to provide individual assistance for people affected earlier this month by a massive ice storm. “We’re trying to work as …