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

No Injuries, Damage Reported from Small Earthquake in Central Virginia

No damage or injuries have been reported following a small earthquake that rattled parts of central Virginia. The Virginia Tech Seismological Observatory says the quake struck the west end of Henrico and Hanover counties and eastern Goochland County just before …

Judge Denies Claimants’ Bid to Move GM Appeal to Higher Court

A U.S. bankruptcy judge refused Tuesday to allow a group of individuals claiming to have been harmed by General Motors Corp vehicles to appeal directly to a U.S. federal appeals court against the sale of the automaker’s assets. Judge Robert …

S&P Lowers AIG’s Personal Lines Subs, 21st Century Ratings

Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on the personal lines operating insurance units of 21st Century Insurance Group and American International Group to ‘A’ from ‘A+’. S&P also lowered its counterparty credit …

Fire Forces Los Angeles Getty Museum Evacuation

Los Angeles’ Getty Center art complex and nearby Mount St. Mary’s College were evacuated yesterday as a nearby brushfire burned on the slopes of the Santa Monica Mountains. According to the center, as the last cars left in the evening …

Arrowhead General Insurance Agency Announces Armstrong as Chief Financial Officer and Executive Vice President

San Diego, CA, 07/09/2009 – ARROWHEAD General Insurance Agency’s, Inc. board of directors has named Mac Armstrong chief financial officer and executive vice president effective July 1, 2009. Most recently, Armstrong served as a principal of Spectrum Equity Investors, the …

Rhode Island Court Rules Insurer Not Obligated to Defend Nigthtclub Owners

A Rhode Island court has ruled that a commercial general liability insurance policy held by the owners of the Station nightclub does not require the insurance company to defend them against criminal charges. The case arose from the February, 2003, …

Accident Victims Balk at GM Bankruptcy Plan

Groups representing plaintiffs in car accidents are opposing General Motors’ attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan. U.S. Judge Robert Gerber approved a crucial step of the plan late …

South Carolina Fireworks Firm Involved in 4 Deaths Was Previously Fined

The South Carolina company that employed four workers who died following an explosion as they unloaded fireworks over the weekend on North Carolina’s Outer Banks has had previous problems with worker safety. The single blast at Ocracoke, N.C., came as …

Wyoming Raises Workers’ Compensation Benefits

Wyoming’s workers’ compensation law is changing — raising some benefits for the first time in 20 years. The changes include higher benefits for the survivors of workers killed on the job and a cost-of-living adjustment for people getting personal disability …

Yahoo, NFL Settle Suit Over Fantasy League

Yahoo! Inc and the National Football League’s players union settled a lawsuit Monday over whether the Web company should pay royalties for using players’ data on its fantasy league game, both sides said Tuesday. “We did reach a settlement and …