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

S&P Changes Outlook on PartnerRe’s Ratings to Negative

While Standard & Poor’s Ratings Services is positive in its outlook for PARIS RE (See related article), it is less so when it comes to the acquiring company, Bermuda-based PartnerRe. S&P said it has revised its outlook on the company …

Texas Oil & Gas Assoc. Earns $4.5M Texas Mutual Dividend

The Texas Oil & Gas Association (TxOGA) workers’ compensation purchasing group has earned a $4.5 million dividend from Texas Mutual Insurance Company. This marks the largest group dividend in Texas Mutual’s history, the company said. It is based primarily on …

Lawsuit Filed Over Oklahoma Church School Sex Abuse

A lawsuit claims that a church-operated school in Oklahoma was negligent in not preventing or stopping abuse by a former teacher. The lawsuit filed in Tulsa County District Court against Grace Fellowship Church, Grace Christian School and related entities involves …

Massachusetts Alleges Woman Faked Job to Embellish Insurance Claims

A New Hampshire woman has been arraigned in connection with allegedly embellishing several insurance claims and fraudulently collecting lost wages. Ana Keegan, of Seabrook, formerly of Haverhill, Mass., was charged with motor vehicle insurance fraud and larceny over $250. Authorities …

More Vermont Catholic Diocese Properties Face Liens

A judge has put liens on four church-owned rest homes and part of the Vermont Roman Catholic diocese’s investments in order to cover jury awards in two priest sex abuse cases. The two cases resulted in $12.3 million damage awards …

Fireworks Explosions Kill 5 Across U.S.

Five people working on Independence Day fireworks shows were killed by explosions, four of them by a single blast that rocked Ocracoke, a remote village on North Carolina’s Outer Banks. The fifth died after an explosion at a fireworks show …

Kentucky Counties Need More Volunteer Firefighters

Many rural Kentucky residents depend on volunteer firefighters to be the first on the scene of an emergency, but the number of volunteers for some south central counties is declining. Shannon White, secretary of the Barren County Fire Chief’s Association, …

Tennesee Seeks Federal Disaster Aid for Storm-Struck Counties

Democratic Gov. Phil Bredesen is requesting a federal disaster declaration for five Tennessee counties hit by severe storms. The five counties are Claiborne, Fayette, Hancock, Haywood and Shelby. If the request is granted, the counties will be eligible for federal …

U.S. to Stress Prevention in Steps to Improve Food Safety

The Obama administration Tuesday ordered tougher steps to curb salmonella and E.coli contamination in U.S. food processing plants and created a new deputy food commissioner post to coordinate safety in the wake of a salmonella outbreak. The administration, concerned by …

Storm Causes Estimated $4M Damage in Wyoming

Officials in Casper, Wyo., are asking for the state’s help in repairing an estimated $4 million in damage from a July 4 storm. Natrona County commission chairman Rob Henry and Casper mayor Kenye Schlager sent a letter to Gov. Dave …