July 15, 2009
Federal investigators have cited a Massachusetts roofing company for violating safety standards after a truck carrying a bucket lift toppled and crashed into a Boston building, killing one worker and seriously injuring another. The U.S. Occupational Safety and Health Administration …
July 15, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Omega Specialty Insurance Company Limited (OSIL), both with stable outlooks. In a separate action Best also affirmed its Syndicate Rating …
July 15, 2009
Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on various operating companies belonging to global reinsurer Swiss Reinsurance Company Ltd. (Swiss Re; A+/Stable/A-1). The ratings were subsequently withdrawn at the request …
July 15, 2009
Armando Jaramillo Landa, 41, of Santa Paula, Calif., has been arrested and charged with one felony count of insurance fraud, the California Department of Insurance reported. Landa was booked at the Oxnard Police Department. CDI investigators determined that Landa claimed …
July 15, 2009
San Francisco, California – July 15th, 2009 – Astonish Results, an aggressive insurance marketing company, is making some very bold claims in their advertisements. But are they really backing it up with “astonishing results?” “Double the size of your agency …
July 14, 2009
Sonia Sotomayor, nominated by President Barack Obama for the U.S. Supreme Court, has a lengthy record of rulings in business cases as a federal judge in New York. But legal experts said Sotomayor does not appear to be either particularly …
July 14, 2009
A former University of New Hampshire marketing professor has sued the school and the university system, saying they ignored her sexual harassment complaints against a supervisor and fired her in retaliation in 2006. Amy Kallianpur filed her lawsuit in federal …
July 14, 2009
A southern New Jersey county has approved a $4 million settlement that could end a class-action lawsuit over strip searches done at its jail. The suit claimed unnecessary strip searches were conducted on thousands of men and women at the …
July 14, 2009
Residents who live near the Paducah Gaseous Diffusion Plant in western Kentucky may soon have a better idea of what happened to their property. U.S. Magistrate Judge Robert Goebel earlier this month ordered plant operators Union Carbide Corp., and Lockheed …
July 14, 2009
The Texas Department of Insurance (TDI) has revoked the licenses of three insurance agents found to have engaged in fraudulent or dishonest acts or practices under the Texas Insurance Code while selling annuities to senior citizens through a telemarketing operation. …