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

Clashes Led to Firings, Discrimination Claims at Ohio Work Comp Council

Internal pressure was mounting for months ahead of the February firings of the staff of an agency charged with protecting the well-being of Ohio’s insurance fund for injured workers. Public records obtained by The Associated Press reveal frustration among the …

Ratings Recap: Swiss Re (Cat Bond), Transmonde, Sagicor, Bahamas First

Standard & Poor’s Ratings Services has assigned its preliminary ‘B-‘ credit rating to the class II-CN3 notes series 2010-1 issued under the principal at-risk variable-rate note program, Successor X Ltd. Swiss Re (A+/Stable/A-1) sponsors the program, which “aims to transfer …

Prosecutor: Greed Prompted Illinois Fire That Killed 7

The owner of a suburban Chicago apartment house had his maintenance man set fire to the building, killing seven people including a newborn, because he wanted to cash in on a $250,000 insurance policy, prosecutors said. The landlord told police …

Melting Snow, Rainfall Raise Missouri Flood Likelihood

Higher-than-average stream flow into the Mississippi, Missouri and other rivers in the Midwest has led the National Weather Service to predict a strong chance of significant flooding this spring in eastern Missouri. Melting snow in the upper Mississippi, Missouri and …

Federal Judge Rules Against CITGO in Louisiana Oil Spill

A federal judge has shot down efforts by CITGO Petroleum to limit the fines and special conditions it could face in a federal Clean Water Act lawsuit over a June 2006 oil spill at the company’s Lake Charles, La., refinery. …

Geologist: No Evidence Drilling Causes Earthquakes in Arkansas

An Arkansas Geological Survey geologist says there is no convincing evidence that recent earthquakes in the Greenbrier area are caused by natural gas exploration and drilling. Several small earthquakes have been recorded, and sometimes felt, in the Greenbrier area during …

Tornado in Western Oklahoma Destroys Homes; No Injuries Reported

Authorities say at least five homes and a barn owned by the county government were destroyed in a tornado in western Oklahoma. Oklahoma Department of Emergency Management spokeswoman Michelann Ooten says no injuries were reported with the Mar. 8 tornado. …

Farmers in Eight South Dakota Counties Eligible for Aid

Farmers in eight South Dakota counties are eligible for federal assistance because of weather and grasshopper problems last year. The federal Agriculture Department has designated Ziebach County as a primary natural disaster area. The designation makes assistance such as low-interest …

North Carolina Woman Arrested in Alleged Staged Robbery for Insurance

North Carolina officials report that a Wilson woman has been arrested for allegedly staging a robbery to collect insurance money. Insurance Commissioner Wayne Goodwin announced the arrest of Leslie Michelle Nowell. Department investigators allege that Nowell filed a police report …

Lawsuits Over Lost Vehicle Value Could Cost Toyota $3 Billion

Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review …