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

Virginia Firm Fined $185K for Wood Chipper Accident That Killed Teen

A Poquoson, Virginia company is facing $185,500 in proposed civil penalties stemming from a wood chipper accident that killed a 14-year-old worker. The Virginia Department of Labor and Industry’s Occupational Safety and Health Compliance department issued two citations against Old …

Truck Catches Fire at Central Pennsylvania Candy Factory

Authorities say a tractor-trailer caught fire while it was parked at a loading dock at a central Pennsylvania candy factory. Officials say the driver is OK and no injuries have been reported. Officials say the trailer was parked at a …

The Hartford Hit With $14.5 Million Over South Carolina Printer’s Claim

A federal jury in South Carolina has awarded $14.5 million in damages to a South Carolina printing company against The Hartford insurance company in a case where the insurer believed a claim for a major fire loss in 2008 was …

Maine Topless Coffee Fire Suspect Mad at Waitress

A state investigation says a man suspected of burning down a Maine coffee shop that featured topless waitresses was mad at his girlfriend, who was having an affair with the owner. The state fire marshal’s office released an affidavit Friday …

Carolinas’ Coast Seen Safe from Oil Spill for Now

Government officials are keeping a close eye on the oil spill in the Gulf of Mexico, but think there’s only a small chance of oil washing up on the Carolinas coast. Authorities in both states said last week that plans …

Judge Nixes Union Lawsuit Over Massey Mine Probe Interviews

A judge in West Virginia has dismissed a lawsuit over the federal Mine Safety and Health Administration’s plan to privately interview witnesses to the nation’s worst coal mining disaster in 40 years. U.S. District Judge Irene Berger concluded in an …

Best Upgrades AXA Insurance Ratings to ‘A’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of New York-based AXA Insurance Company. Best has also affirmed the FSR of ‘B++’ (Good) …

Montana Claims Rule Stands As Supreme Court Declines to Review

A Montana insurance rule that makes it more difficult for companies to deny claims will stand, after the U.S. Supreme Court declined to hear the case. “It is immensely important and affects the health insurance rights of tens of millions …

S&P Expects Re/Insurance Losses from Gulf Oil Spill to Be Minimal

Based on what are so far only preliminary estimates, Standard & Poor’s Ratings Services said it expects insured losses from the oil spill in the Gulf of Mexico “to be significantly less and be spread among multiple markets and re/insurers.” …

Iowa Supreme Court Rules Property Owners Can Sue State Over Floods

Residents and businesses in a northeast Iowa town can sue the state for flood damage caused by a highway project, the Iowa Supreme Court ruled last Friday. The court overturned district court and appeals court decisions dismissing the lawsuit filed …