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

Worker Dies after Falling from Pittsburgh Condo

A construction worker is dead after falling about 50 feet while working at a Pittsburgh condominium construction site. Authorities say 40-year-old Scott Oswald died at Allegheny General Hospital less than an hour after falling from the Keystone Lofts building about …

Connecticut Jury Awards $197K for ‘Horse Teeth’

A jury in Bridgeport, Connecticut has awarded more than $198,000 to a woman who claims her dentist promised her a celebrity smile, but gave her what her attorney called “horse teeth.” Attorney Richard Meehan Jr. says his client, Marvalyn Foster …

Best Affirms Chubb and Subsidiaries ‘A++’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of “aa+” of the Chubb Group of Insurance Companies and its P/C members. Best also affirmed the ICR and senior debt ratings …

Economic Link Suspected in Maine Arson Fires

Maine’s fire marshal says a rise in arson fires is likely related to the slumping economy. State figures thus far this year show 134 confirmed incendiary, or arson, fires representing $8 million worth of property. An additional 52 incidents or …

New Hampshire Attorney General Warns of Auto Insurance Scam

New Hampshire Attorney General Kelly Ayotte is warning consumers to beware of an insurance scam reported in the Midwest. Ayotte says consumers reported getting calls from scammers claiming there was a problem with the consumers’ auto insurance payment. The scammer …

Best Removes Hartford from Review; Affirms ‘A+’ Ratings

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the key life/health (Hartford Life) and property/casualty (Hartford Insurance Pool) insurance subsidiaries …

Best Sees No Rating Change for Munich Re from HSB Acquisition

A.M. Best Co. has commented that the financial strength rating (FSR) and issuer credit ratings (ICR) of Munich Reinsurance Company and its subsidiaries are unchanged following its agreement to acquire specialty insurer HSB Group, Inc. from the American International Group …

FEMA Announcs $10 Million in Flood Recovery in Eastern Iowa

FEMA has announced it will give more than $10 million for flood-recovery projects in eastern Iowa. Projects in Lake Delhi, Iowa City, Anamosa, Bluffton and Cedar Falls will split the FEMA dollars. Among those receiving funding are repairs to damaged …

Missouri Lawsuit Questions Insurance Law’s Effect on Energy Production

A legal center has filed suit against a Missouri commission because it believes a new insurance rule will discourage people from trying to produce their own solar or wind power. The Great Rivers Environmental Law Center filed suit against the …

Calif. Teen’s Family Sues Cigna Over Transplant

The family of a 17-year-old leukemia patient has sued health insurance giant Cigna Corp. for her death in 2007 after the company initially refused to pay for a liver transplant. The lawsuit filed in Los Angeles County Superior Court by …