A former South Carolina firefighter has been sentenced to five years in prison for setting a series of fires that caused about $1.5 million in damage. The Island Packet of Hilton Head reported that 24-year-old Bryan Yeager of Beaufort pleaded …
Florida’s Office of Insurance Regulation issued a data call yesterday to the commercial and residential property insurance industry in Florida to collect claims data related to sinkholes. During the 2010 Legislative Session, the Office identified increased sinkhole claims as one …
Federal authorities have cited a company for alleged health and safety violations at its northeastern Pennsylvania plant. The Occupational Safety and Health Administration proposes that Bridon American Corp. pay a $156,000 fine following a February investigation at its plant in …
The National Weather Service says a tornado struck the suburban Philadelphia city of Chester during Sunday’s storm. Forecasters say the EF-0 tornado with maximum winds of 75 mph touched down at 3:45 p.m. Sunday and traveled about three-tenths of a …
An explosion at a plant northwest of Beatrice, Nebraska has sent two men to hospitals. Rescue crews were called to Koch Nitrogen Plant about 9:30 a.m. Sunday. Workers were evacuated from the southwest portion of the plant. One worker was …
Officials with the Library of Congress have agreed to pay $250,000 to an employee who sued over alleged sexual harassment by the former top law librarian. The U.S. District Court in Washington formally accepted the settlement but the agreement stipulates …
Laura Holt, the former chief investment officer for accused Ponzi schemer Allen Stanford’s financial firm, has reached a settlement with Lloyd’s of London over her defense fees, a federal judge said Tuesday. “Ms. Holt is not here,” U.S. District Judge …
A federal appeals court on Tuesday revived a defamation lawsuit against Walt Disney Co.’s ABC Network and its former news correspondent, John Stossel, finding some claims to be potentially valid. The case, brought by television evangelist Dr. Frederick Price, had …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Allied World Assurance Company, Ltd. and its operating affiliates. Best also affirmed the ICR of “bbb”, debt rating …
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Validus Holdings Ltd. to ‘BBB’ from ‘BBB-‘. S&P has also assigned its ‘A-‘ counterparty credit and financial strength ratings to Validus’ insurance subsidiary, Validus Reinsurance Ltd. The outlook …