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

Fire Risk Leads to Huge Maytag Dishwasher Recall

Whirlpool Corp.’s Maytag unit is recalling about 1.7 million dishwashers because of a fire hazard. The Consumer Product Safety Commission, which announced the recall Thursday, says the company, part of Whirlpool Corp., has received 12 reports of electrical failures in …

Best Affirms Fairfax, U.S. Members Ratings; Upgrades Seneca’s ICR

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Toronto-based Fairfax Financial Holdings Limited. Best also affirmed the ICR of “bbb” and unsecured debt rating of Crum & …

Oil Reaches Alabama’s Dauphin Island; Florida Panhandle on Alert

Teams of workers in protective boots and gloves scoured Alabama’s Dauphin Island Wednesday for washed up tar balls and tar patties that have put the 14-mile-long resort in the front line of the state’s fight against the Gulf of Mexico …

Citibank Employee Sues, Says Good Looks Got Her Fired

A woman in New York has sued Citigroup Inc, accusing the bank of firing her for being too good-looking. The bank believes the lawsuit should be dismissed, or else sent to arbitration, court records show. Debrahlee Lorenzana alleged that management …

Aon Scientist Analyzes Insurance Coverage for Volcanic Eruptions

Volcanic eruptions are right up there with hurricanes and earthquakes on the list of nature’s most formidable catastrophes. The April eruption of the Eyjafjallajokull volcano in Iceland was but one manifestation – gritty clouds of ash – of the dangers …

Rating Agencies React to BP’s Oil Spill; Best Revises Jupiter Outlook

The mounting financial costs for British Petroleum from the multiple impacts of the oil spill in the Gulf of Mexico have placed its formerly strong ratings in peril. Financial rating agencies Fitch and Moody’s have both lowered their ratings on …

Salinas Chiropractor Arrested for Workers’ Comp Fraud

A Salinas, Calif., chiropractor. Robert Ray Schreiner, 57, has been charged with 16 felony counts, including conspiring to deny injured workers their workers’ compensation benefits, filing fraudulent insurance claims and making false statements to an insurer, the California Department of …

Court Denies Damages to Uninsured in Hot Coffee Lawsuit

An uninsured motorist is not entitled to recover non-economic damages for negligence, a California Court of Appeal has ruled. According to documents in Teckla Chude v. Jack in the Box Inc.,Teckla Chude went through a drive through at Jack in …

Fire Destroys Building at Ohio Water Park

Fire has destroyed a building at a water park north of Cincinnati, Ohio. People who saw the flames at The Beach Waterpark alongside Interstate 71 in Mason called 911 just before 3 a.m. on June 2. Firefighters responded and found …

Arkansas Truck/Train Collision Leaves 1 Dead

The driver of a dump truck died after his vehicle collided with a train in southwest Jonesboro, Ark. Arkansas State Police say the accident happened about 7 p.m. on June 1 at the intersection of State Highways 349 and 226. …