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

Federal Judge Rules Michigan College Coach Immune to Player Suit

A federal judge has dismissed parts of a lawsuit against Central Michigan University and its women’s basketball coach, who is accused of dropping a scholarship partly because a player isn’t a lesbian. U.S. District Judge Thomas Ludington did not rule …

Owner Weighs Rebuilding Torched West Virginia Antique Mall

The owner of a torched building in Oak Hill that housed the largest antique mall in southern West Virginia is debating whether to rebuild. Terry Musick said he planned to talk with his insurance agent. But he said the inventory …

Mexican Buses Avoid Safety Checks When Entering U.S., Says Audit

Some Mexican passenger buses are not being inspected when they enter the U.S. because they cross the border on evenings and weekends, there are no inspectors or the crossings lack safe places for inspections, according to a government audit. Daily …

Ratings Recap: Dah Sing, Everest Re, Omnium, First Takaful, TATIL

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The ratings reflect DSI’s supportive level of risk-adjusted capitalization, improved operating …

Best Revises Outlook on SCOR to Positive; Affirms ‘A-‘ Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of French reinsurer SCOR S.E. and its rated subsidiaries. Best has …

La. Supreme Court to Study Casino Suit

Louisiana Supreme Court will be asked to review a long-running suit filed by a company that was denied a riverboat casino license in Baton Rouge in 1994, an attorney says. Capitol House Preservation Co. alleges that Argosy Gaming Co. and …

FEMA Delays Disputed Flood Map for Kansas Community

Federal authorities this week delayed implementation of a new flood plain map for Garden City, Kan., just days before local officials planned to ask a federal judge to block it. A hearing scheduled for Thursday in U.S. District Court in …

S.D. Man Sentenced for Fraud

A Faulkton man who authorities say pretended to be someone else so that medical insurance would pay his hospital bill has been sentenced for fraud. Twenty-six-year-old Timothy Stevens was sentenced to serve 30 days in jail and pay a $500 …

Some State-Run Property Insurance Plans in Precarious Financial Situation

As the 2009 Atlantic hurricane season enters its peak period, the finances of a number of residual market property plans in hurricane-exposed states are on shaky ground. The credit crunch and prolonged economic downturn have exacerbated the already vulnerable financial …

California Wildfire Called Arson

As of early Friday morning, the Station wildfire that is burning through the hills above Los Angeles was about 40 percent contained, according to the California Department of Forestry and Fire Prevention. Fire officials now say they are confident they …