The Wisconsin Department of Transportation recently released a statement saying that traffic deaths were down last month, making the month of July in Wisconsin the lowest in fatalities since World War II. Sixty-three people died in 59 traffic crashes in …
A North Carolina investigation says officials improperly allowed a firefighter who died to enter a burning building alone during a lumberyard blaze that killed him and another fireman. In a report issued Aug. 6, the Occupational Safety and Health Division …
South Carolina fire officials say a blaze that destroyed the Lancaster prosecutor’s office was set by an arsonist, but they don’t know if the same person set a fire that destroyed the courthouse earlier this week. Lancaster County Emergency Management …
In separate incidents, public health officials in two New England states are urging consumers to throw out prepared food bought from several stores due to possible contamination. Rhode Island public health officials are warning consumers to discard all food prepared …
New York Governor David Paterson has signed into law new criminal and civil penalties for crane inspectors who falsify their inspection reports, and those who try to interfere with the crane inspection process. “Recent construction crane-related accidents in the New …
American International Group’s Chief Executive Robert Willumstad will soon take the scalpel to the world’s largest insurer — and not a minute too soon for investors blindsided by mortgage losses that led to an unexpected $5.36 billion quarterly loss. Willumstad, …
Standard & Poor’s Ratings Services indicated that its ratings on American International Group Inc. – currently ‘AA-‘ with a negative outlook/Debt ‘A-1+’ – and AIG’s subsidiaries are unaffected by yesterday’s report of an operating loss of $5.4 billion. S&P said …
UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded model will enable all segments of the insurance industry to drill down to a finer level of detail than ever …
Following the release of Munich Re’s six-month earnings report (See above), Standard & Poor’s Ratings Services said that its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on the Group “are unaffected by the recent reduction in its forecast …
The Munich Re Group recorded a profit of €1.4 billion ($2.123 billion) for the first half of 2006, a decline from the €2.1 billion ($3.18 billion) recorded in the same peiod of 2007. However, given the ongoing turmoil in the …