September 28, 2010
A bulletin from Munich Re underlines the “exceptionally high” incidence of “weather-related natural catastrophe losses in the first nine months of 2010,” both in “number and scale.” The floods in central Europe, wildfires in Russia and widespread flooding in Pakistan …
September 28, 2010
Two eastern Missouri men have been sentenced to life in federal prison for a murder-for-hire plot. James Kornhardt and Steven Mueller were convicted in June in connection with the 1992 killing of Danny Harold Coleman. Coleman’s wife, Karen, was sentenced …
September 28, 2010
Long Island Rail Road officials say a switch system fire that caused a week of delays last month has cost the transit agency about $2 million. Newsday reports that the LIRR will release the details at a meeting this week. …
September 28, 2010
With big, liquid brown eyes and a mouth that seemed to stretch into a smile, Gunner has the look of a family pet ready to run after a stick and curl up at the foot of a bed. But while …
September 27, 2010
A Pulaski County, Ark., jury has ordered a hospital to pay $20 million to a couple whose son had brain surgery done on the wrong side of his head. The panel of seven men and five women took just under …
September 27, 2010
A 3.3-magnitude earthquake has been reported in southern Oklahoma. The U.S. Geological Survey says the quake was detected two miles northwest of Ravia in Johnston County about 6:20 a.m. Sept. 25. There were no reports of damage or injuries with …
September 27, 2010
A federal judge has sided with a northern Indiana sheriff’s department in a lawsuit that alleged a jail inmate died after he wasn’t given proper care for his heart disease. Fifty-seven-year-old Larry Walkup died at the Whitley County jail in …
September 27, 2010
A Modesto, Calif., motel owner has been arrested for allegedly committing workers’ compensation insurance fraud, the California Department of Insurance announced. Muhammad Hassan Raza was arrested at his place of business, the Vagabond Inn in Modesto. He was booked into …
September 27, 2010
Standard & Poor’s Ratings Services has removed its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer AXA Insurance U.K. PLC (AXAI) from CreditWatch with negative implications and affirmed them at ‘AA-‘. The outlook is stable. S&P …
September 27, 2010
Senate members of the legislative rules committee have objected to rule changes for the malpractice insurance fund proposed by the New Hampshire insurance commissioner. The joint legislative committee on Friday raised concerns about the amount of control the commissioner would …