Monthly Archives: <span>January 2009</span>

Ratings Recap: Agency, MGA, SeaBright

A.M. Best Co. has revised the outlook to positive from stable, upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Agency Insurance Company of Maryland, Inc. (AIC). Best said, “These …

Delaware Man Gets $2.9M for Injuries at Home Depot

A jury in Wilmington, Delaware has awarded $2.9 million to a self-employed contractor who was injured at a Home Depot store when a stack of 18 wooden doors fell from a shelf above him. Thirty-two-year-old Ronald Payne was injured in …

Scientist: Fault Puts East Arkansas at Earthquake Risk

A previously unknown fault in eastern Arkansas could trigger a magnitude 7 earthquake in the cotton fields of the upper South with an epicenter near a natural gas pipeline, a scientist said. Haydar Al-Shukri, the director of the Arkansas Earthquake …

Judge: Oil Company Must Pay $525K For Polluting Louisiana Refuge

A federal magistrate in New Orleans ordered a Houston oil production company to pay $525,000 to various agencies for a brine spill that polluted the water of Delta National Wildlife Refuge near Venice, La. Magistrate Judge Daniel Knowles also put …

Kansas Insurance Department Recovered $13.8 Million in 2008

Kansas Insurance Commissioner Sandy Praeger’s office said it helped thousands of Kansas consumers settle disputes with their insurance companies in 2008, recovering more than $13.6 million in insurance claims for policyholders. The recoveries are funds returned to policyholders through settlement …

Investigators: Short Circuit Caused Massive Fire Near Fenway Park

The Boston Fire Department says a fire that destroyed a row of seven businesses near Fenway Park was caused by an electrical short circuit. Officials said that their determination was based on interviews with the first firefighters on the scene, …

Virginia Grocery Store Fire Causes $4.5M in Damage

Authorities say the loss from Monday’s fire at a grocery store in the Falls Church area was $4.5 million. The fire was reported about 10:40 p.m. at eMart International Grocery in the 8100 block of Arlington Boulevard. Flames caused part …

Alabama Judge Upholds Chemist’s $192 Million Award in Patent Theft Case

Global chemical giant Ineos Phenol, stung by a $192 million jury verdict, has denied stealing a hazardous waste recycling idea from a Mobile chemist and said it would appeal a judge’s order upholding the award. Mobile County Circuit Judge Robert …

Drunk Driver Victims Urge Mississippi to Expand Use of Ignition Locks

Nearly 21 years after a drunken driver plowed into her family’s Honda Civic and killed her parents and sister, Jennifer Sholar said certain sights and sounds still give her vivid flashbacks of the collision. “Ambulances still freak me out when …

Savvy US Airways Pilot May Have Grounded Lawsuits

A savvy pilot saved at least 155 lives when he guided a disabled US Airways jet to a relatively gentle landing in the Hudson River last week. He also may have protected his airline from the rash of lawsuits that …