Dublin International Insurance & Management Association (DIMA), the representative body for the international re/insurance industry in Ireland, announced that it has “been in contact with rating agency Standard & Poor’s to clarify the position regarding the Irish sovereign rating and …
According to initial estimates from Swiss Re’s sigma research team, worldwide economic losses from natural catastrophes and man-made disasters totaled $222 billion in 2010; more than triple the 2009 figure of $63 billion. The cost to the global insurance industry …
The 2010 Atlantic hurricane season, which ends tomorrow, was one of the busiest on record, according to the National Oceanic and Atmospheric Administration. In contrast, the eastern North Pacific season had the fewest storms on record since the satellite era …
An insurance agent who conned a Grand Forks, N.D., real estate company into paying for nonexistent home insurance policies has been given four years of probation. A judge also ordered 44-year-old David Glessner to have four months of electronic monitoring …
A Massachusetts roofing contractor faces $40,000 in fines for an incident in which a worker was hurt when he fell off a nearly 10-foot roof in Milford, N.H., in May. The Labor Department’s Occupational Safety and Health Administration says Centimark …
Maryland fire investigators say a blaze that destroyed a medical clinic in a historic Frederick farmhouse is considered suspicious. Deputy State Fire Marshal Bruce Bouch said Friday morning that an arson dog detected accelerants at the scene of the Thanksgiving …
Gambling was briefly halted at an Atlantic City casino early Saturday when a fire damaged part of the building. No injuries were reported in the blaze at the Tropicana Casino and Resort, which broke out on the sixth floor just …
New York City police officers were justified in shooting at an armed suspect on a Harlem street in 2005, a shootout that injured a mother and daughter playing nearby, New York’s highest court ruled. The officers had probable cause to …
A former New Hampshire firefighter is going to prison for at least three years after pleading guilty to setting a series of fires. Forty-four-year-old Stark Liedtke of Alton had pleaded guilty to three charges that he set fires on Berry …
A Kanawha County Circuit Court judge has upheld a state law giving coal mine operators 15 minutes to tell regulators about fires and other serious accidents. Judge Tod Kaufman’s ruling came in a case involving International Coal Group subsidiary Wolf …