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

Texas Mutual Announces Workers’ Comp Fraud Conviction

Texas Mutual Insurance Co. reported that a Travis County district court sentenced Martin DeLaRosa of Denton, Texas, on workers’ compensation fraud-related charges. DeLaRosa was sentenced to brief jail time and ordered to repay $1,647 in benefits to Texas Mutual. DeLaRosa …

Chicago Averages 1 Bus Collision Per Day

The Chicago Transit Authority averages one bus accident every day. That’s according to records compiled for the Chicago Tribune by the Federal Transit Administration. The CTA’s bus fleet logged more than 9.3 million runs last year. And the federal records …

Safety Administration Questions Steering Problems in 2010 Kia Soul

The government has opened an investigation into possible loss of steering control in the 2010 Kia Soul, a boxy vehicle aimed at appealing to urban motorists. The National Highway Traffic Safety Administration says in a posting Monday that it has …

Extreme Weather Seen Unlikely to Help Climate Talks

Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor. Islamabad, for instance, has blamed mankind’s …

Ratings: Sunderland Marine, Continental Re, Abu Dhabi Ins., Oman Ins.

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of the UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best said it anticipates an improvement in SMMI’s …

Crivella Product Helps Manage Gulf Spill Claims

Crivella West Incorporated today launched the Crivella West Knowledge Kiosk® BP Claims Central in partnership with several Gulf attorneys. It is a new comprehensive online service for preparing and filing claims for losses resulting from the BP Oil disaster. The …

Best Affirms MAPFRE RE’s A+ Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A., but bothratings have negative outlooks. The ratings reflect MAPFRE RE’s “integral role” within the …

Lawsuit: New York City Businessman Weeded out Minorities

A lawsuit accuses a New York City businessman of using Facebook and MySpace to keep certain minorities from making reservations at his nightclub. Five former workers at Bowlmor Lanes in Union Square filed the lawsuit in Manhattan state Supreme Court. …

Times Square Cleaning Fluid Spill Brings Fire Truck

A spill of about 10 gallons of cleaning fluids inside a Times Square skyscraper prompted a large response from New York City’s fire department. Traffic was briefly detoured on 7th Avenue Sunday night while part of a city block was …

Kentucky Claims Adjuster Partial to the Bagpipes

If some crisp fall afternoon you happen to be walking along the Kentucky River and the faint sound of bagpipes wafts from the cemetery bluff, it could be Daniel Boone’s ghost calling you home. Or, Frankfort could be under siege …