July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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, …
July 7, 2009
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 …
July 7, 2009
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 …
July 7, 2009
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 …