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

Idaho Man Sentenced for Insurance Fraud

Cascade, Idaho, resident Morgan A. Rapp was sentenced for one felony count of insurance fraud, Attorney General Lawrence Wasden said. Fourth District Judge Michael Wetherell ordered Rapp to serve up to 10 years in prison. The Court retained jurisdiction for …

Flooding Recedes in South Texas After Foot of Rain

The main highway in Texas’ Rio Grande Valley was open to traffic again Aug. 19 as flooding receded following a deluge of up to 13 inches of rain across southern Texas. The torrential rain flooded an estimated 750 homes in …

Flood Recovery Efforts in Iowa Slowed by Government Estimates

Victims of record flooding are paying mortgages, taxes and repairs on houses that might need to be destroyed, and some are blaming federal and state officials for a slow response. The lengthy process to get federal buyout offers to homeowners …

DA: Worker’s Torch Started Pennsylvania Apartment Fire

A construction worker removing steel frames with an acetylene torch accidentally started a fire that destroyed two apartment buildings in Conshohocken, Pennsylvania and left nearly 400 people homeless, investigators said Monday. Also on Monday, a group of residents filed a …

Rhode Island, Town Reach $20M Deal in Club Fire Suits

The state of Rhode Island and the town of West Warwick have each agreed to pay $10 million to those left behind after a nightclub fire that killed 100 people, according to court documents filed Monday. The latest settlement offers …

New York Man Charged with Giving Alcohol to Cabin Fire Victim

State police are charging a 22-year-old upstate New York man with supplying alcohol to a 17-year-old girl and her friends before she died in a cottage fire. Trevor Tormey of Erieville faces three misdemeanor counts of unlawfully dealing with a …

Best Withdraws Some Ratings on Swiss Re Subs after Domicile Transfer

A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Swiss Re Life & Health Limited and Swiss Reinsurance Company UK Limited (both UK-based). Best also withdrew the FSR …

S&P Raises International General Insurance Ratings to ‘BBB+’

Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Bermuda-based insurer International General Insurance Co. Ltd. (IGI) to ‘BBB+’ from ‘BBB’ and assigned them a stable outlook. S&P said the upgrade reflects …

Taiwan Issues Warning for Typhoon Nuri

Taiwan has issued a warning for ships traveling through its southern waters Tuesday as Typhoon Nuri approached the island. Nuri’s center was located about 466 miles (740 kilometers) southeast of Taiwan’s southern tip as of 11:30 a.m. local time (0330 …

Somali Pirates Hijack Thai Cargo Ship with 28 Crew

Somali pirates hijacked a Thai cargo ship with 28 crew members onboard, the International Maritime Bureau said Friday. Pirates attacked the Thor Star on Tuesday, senior analyst Cyrus Mody said, in the latest of a string of attacks in lawless …