July 29, 2010
A woman accused of embezzling nearly $6 million from West Des Moines, Iowa, insurer Aviva USA will use an insanity defense. Phyllis Stevens’ attorney, William Kutmus, gave notice in court documents filed in U.S. District Court in Des Moines. Stevens …
July 29, 2010
College fraternities and sororities will need to install automatic fire sprinkler systems under a new Illinois law. The bill signed by Gov. Quinn requires new fraternity and sorority buildings built after Jan. 1, 2011 to have the systems. Older fraternities …
July 29, 2010
Homes and businesses affected by the Lake Delhi flood in Iowa will not be immediately eligible for federal financial assistance because Delaware County ignored repeated pleas to join the National Flood Insurance Program, a program coordinator said. However, that could …
July 29, 2010
Texas Mutual Insurance Co. began distributing $100 million in workers’ compensation dividends among approximately 38,000 policyholders. Dividends reward loyal policyholders who share Texas Mutual’s commitment to workplace safety. Texas Mutual has paid $850 million in dividends during the past 12 …
July 29, 2010
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial strength ratings on Arch Capital’s operating insurance and reinsurance companies to ‘A+’ …
July 29, 2010
A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials inspecting the ship said on Thursday. Damage to the massive crude …
July 29, 2010
Southern Michigan residents are learning that devastating oil spills aren’t limited to the Gulf Coast. Crews were working July 28 to contain and clean up an estimated 877,000 gallons of oil that coated birds and fish as it poured into …
July 29, 2010
Crews are working to cap a new oil leak in a Louisiana coastal inlet after a barge slammed into an abandoned well on July 27, sending a shower of water, natural gas and oil spewing about 100 into the air. …
July 29, 2010
A state police fire marshal says arson is to blame for a fire that caused more than $2 million damage at a landmark furniture store in western Pennsylvania. Rustic Acres Furniture in White Township, Indiana County, burned on July 1. …
July 29, 2010
In a decision that changes nearly a century’s worth of case law, Massachusetts highest court has ruled that property owners can be held liable for snow-related injuries — regardless of whether plows cleared the snow. For more than 100 years, …