Monthly Archives: <span>April 2008</span>

Ratings Recap: National Fire, Alliance Mutual, Farmers Branch, Millers Capital, First American

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of National Fire & Casualty Company (NF&C) of Bloomington, Ill., a subsidiary of WBL Corp., and has revised the outlook …

S&P, Best See no Ratings Changes as Brandon Leaves Gen Re

Neither Standard & Poor’s Ratings Services nor A.M. Best Co. anticipate making any ratings changes as a result of Joseph Brandon’s leaving his post as CEO of General Reinsurance Corp. S&P rates Gen Re ‘AAA’; Best rates it ‘A++’ – …

GAB Robins Names Baumgartner as General Counsel

GAB Robins named Harry Baumgartner senior vice president, general counsel and Corporate Secretary to provide legal counsel to all GAB Robins companies worldwide. Baumgartner most recently served as director of risk management and corporate counsel at BASF Corp. Prior to …

Conn. Supreme Court: General Contractor Not Liable for Inspections

A Connecticut general contractor who delegates special inspections of all steel welding work as required by the state’s building code to a subcontractor is not liable for injuries resulting from an accident that occurs due to failure of the subcontractor’s …

Report: High Percentage of Young Adults are Uninsured

Just a few days after Philip Hendrickx graduated from college, he was in the hospital. The 21-year-old rural Fergus Falls, Minn., man had major facial surgery to correct misaligned jaws. He had only two weeks after graduation before he was …

Former West Virginia Doc Files $10m Suit over Revoked Medical License

A former West Virginia physician facing 124 malpractice lawsuits has filed a suit of his own, seeking $10 million from the state Board of Osteopathy. In the lawsuit, Dr. John A. King, formerly with Putnam General Hospital, said the “tortuous …

Deposition: Maintenance Guide Ignored on Ride that Injured Kentucky Teen

A maintenance supervisor for a Louisville, Ky. amusement park said workers did not follow several of the ride manufacturer’s instructions for handling a cable that snapped and severed the feet of a teenager last summer. John Schmidt, the park’s ride-maintenance …

Louisiana Continued to Add Jobs in 3Q 2007, Report Says

The number of jobs in Louisiana rose during the third quarter of 2007 by 51,855 over the third quarter of 2006, according to the “Louisiana Employment and Wages – Third Quarter 2007” report released by the Louisiana Department of Labor. …

Oklahoma Governor Declares Emergency in Wake of Storms

In the wake of recent severe storms across the state, Oklahoma Gov. Brad Henry declared a state of emergency to exist in 38 Oklahoma counties due to tornadoes, severe storms and flooding which began on April 9. Gov. Henry also …

Nebraska Lawmakers Kill Bill to Provide Workers’ Comp for Mental Illness

Emergency responders who suffer mental illness after witnessing a violent act shouldn’t plan on getting workers’ compensation benefits. State lawmakers changed positions on Thursday, April 10th voting down a bill (LB 1082) that would have made police officers, firefighters and …