Monthly Archives: <span>January 2010</span>

S&P:No Downgrades for Financials, Insurers from Japan Airlines Bankruptcy

Standard & Poor’s Ratings Services stated that its ratings on Japan’s financial institutions and insurance companies “would be unaffected by the debt forgiveness requested by Japan Airlines Corp. (JAL) to lenders as part of its bankruptcy procedures under the Corporate …

West Virginia Looks to Restore Confidence In State Supreme Court

Gov. Joe Manchin and the state Supreme Court hope to shore up public confidence in a West Virginia judicial system that has been scrutinized by the nation’s highest court and branded a “hellhole” by the U.S. Chamber of Commerce. Manchin …

Ex-Minnesota State Worker Focus of Probe of Fraud Aimed at Businesses

State investigators are trying to determine the scope of a check fraud scheme that they say could count hundreds of Minnesota businesses among its victims. The woman at the center of the investigation is a former employee of the Minnesota …

Fire Destroys 171-Year-Old Church in Western Massachusetts

Massachusetts authorities are trying to determine what caused a fire that destroyed the 171-year-old West Cummington Congregational Church in the Berkshires. State Fire Marshall Stephen Coan said Monday officials see the Sunday blaze as a “single, stand-alone, devastating fire” in …

College Station, Texas, Expands Auto Theft Prevention Program

The Insurance Council of Texas (ICT) and the College Station Police Department are expanding a crime prevention campaign aimed at preventing auto thefts and auto burglaries. The program involves the funding and distribution of signs that read, “LOCK your car, …

Settlement Reached in Helicopter Lawsuit in Iowa

An attorney in a lawsuit over a deadly helicopter crash during a movie shoot in eastern Iowa say a settlement resolving all issues has been reached. Dwight James, a Des Moines attorney who acted as mediator, says there will not …

Louisiana’s Plaquemines Parish OKs St. Bernard Levee Plan

Resolving what could have been a four-month delay to a crucial piece of the levee system around St. Bernard Parish, Louisiana, the Plaquemines Parish Council has approved a plan for a small stretch of the project to cross into Plaquemines. …

Brewer Joins Louis A. Williams & Assoc./Marshall Contract Adjusters

Marshall, Texas-based Louis A. Williams & Associates Inc. and its affiliate, Marshall Contract Adjusters Inc., added John Brewer as Claims manager. Brewer has more than 20 years of experience in property and casualty claims, having previously worked in claims at …

Broad Powers for Proposed Rhode Island Workers’ Comp Unit

Rhode Island Gov. Don Carcieri has proposed reassigning investigators to probe workers’ compensation fraud but giving them far broader powers to prevent the misuse of state government funds. The proposal was contained in a $7.8 billion budget plan meant to …

Caribbean Risk Managers Publishes Updated Report on Haiti Quake

Caribbean Risk Managers Ltd. (CaribRM) has published an updated report on the earthquake in Haiti, which gives precise details concerning the unfolding of the event. It continues with an examination of the damages it caused, both on the ground and …