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

University of New Hampshire Sailing Team Boathouse Burns

University of New Hampshire officials say at least 32 sailboats and other equipment were destroyed by a fire at the school’s Barrington boathouse. Firefighters were called about 4:30 p.m. Wednesday, but had trouble locating the boathouse and then were frustrated …

Cops Say Vermont Man Set Blazes for Infertility

Bennington, Vermont police say a member of the fire department charged with setting fire to his wife’s home twice wanted to get enough insurance money to pay for surgery so she could become pregnant. Forty-one-year-old Ralph Brown was ordered held …

Magnitude 6.4 Earthquake Shakes Taiwan; AIR, EQECAT Analysis

Catastrophe risk modeling firms AIR Worldwide and EQECAT have both issued bulletins analyzing the magnitude 6.4 earthquake that struck south central Taiwan Thursday morning at 8:20 a.m. local time. AIR noted that the epicenter “was located about 40 km (25 …

Former Partner Returns to Law Firm Anderson Kill & Olick

New York insurance law firm Anderson Kill & Olick, has named Larry Kill as chair of its Corporate & Commercial Litigation practice. Kill has represented clients in a wide range of complex commercial litigation, with an emphasis on antitrust counseling …

Oregon Seafood Company Recalls Oysters in 10 States

OM Seafood Co. is recalling oysters that were harvested from Yaquina Bay on the Oregon coast and distributed to nine other states. The Portland-based company said Tthat the oyster meat and oysters in the shell, harvested from Feb. 1 through …

Ratings Recap: XL Lloyds, Integon, Minnesota Lawyers, HCC Insurance

A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Dallas-based XL Lloyds Insurance Company, and has assigned an NR-5 to the FSR (Not Formally Followed) and an …

Best Places Max’s Ratings on Positive Review; Harbor Point Unchanged

A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the operating subsidiaries of Max Capital Group Ltd. under review with positive implications following the recent announcement of its …

S&P Affirms Max Capital and Harbor Point Ratings

Standard & Poor’s Ratings Services has affirmed its ‘BBB’ counterparty credit ratings on Bermuda-based insurance and reinsurance holding company Max Capital Group Ltd. and its intermediary holding-company subsidiaries: Max USA Holdings Ltd., Max Europe Holdings Ltd., and Max UK Holdings …

Toyota Sued in California Over Deaths in Crash Blamed on Acceleration

Relatives of a California state trooper and three family members whose fatal car wreck helped spark Toyota’s wide-ranging safety recall have sued the automaker for defects they say caused the vehicle to speed out of control and crash. The lawsuit, …

Minnesota Lawmakers Hold Distracted Driving Hearing

Minnesota lawmakers are taking another look at the dangers of distracted driving. House and Senate transportation committees held a joint hearing Wednesday on the risks of things like cell phone dialing, fiddling with GPS devices and eating. Legislation to punish …