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

N.D. Lawsuit Over Bullying Settled

The Fargo, N.D., School District has reached a $300,000 out-of-court settlement with a former student over allegations that he was repeatedly bullied by classmates. School district attorney Tiffany L. Johnson told The Forum newspaper that terms of the settlement include …

Explosion Damages Nebraska Grain Elevator

An explosion damaged a grain elevator in the central Nebraska town of Gothenburg on December 29, scattering debris onto nearby railroad tracks and a highway. The explosion happened just after 11:30 a.m. at the All Points Cooperative as trucks and …

Magnitude 3.8 Earthquake Rattles N. Central Indiana

The U.S. Geological Survey has lowered the estimated magnitude of an earthquake that shook parts of Indiana and four other states to magnitude 3.8. The agency’s initial estimate of the quake’s strength was magnitude 4.2. The USGS said the 7:55 …

Federal Audit Rips Spending for Texas Hurricane Cleanup

A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties most devastated by Hurricane …

Minnesota Sues 3M Over Pollution Claims

The state of Minnesota has sued 3M Co., saying that the company contaminated the state’s waters for decades with chemicals used in some of its best known products, including Scotchgard stain repellent. The lawsuit, filed by Minnesota Attorney General Lori …

Illinois on Track for Fewer Than 1,000 Highway Deaths

Illinois officials have their eye on a safety goal as the year closes: a second consecutive year with fewer than 1,000 highway deaths. The Illinois Department of Transportation and other agencies are announcing a coordinated effort to boost enforcement over …

Ratings Recap: Meadowbrook, C.P.A.

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Meadowbrook Insurance Group and its pooled members. Best also affirmed the ICR of “bbb-” of the parent holding company, …

Best Assigns ‘A’ Rating to Swiss-based Catlin Re

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating (ICR) of “a” to Catlin Re Switzerland Ltd, the newly formed wholly owned subsidiary of Bermuda-based Catlin Group Limited …

Idaho Workers’ Comp Insurance Rates To Increase 3.7%

Idaho workers’ compensation insurance rates will be increasing an average of 3.7 percent in 2011, according to the state Department of Insurance. The average rate increase is based on National Council on Compensation Insurance recommendations. The state said rates have …

Guggenheim to Reinsure Standard Life of Indiana in Reorganization

Indiana Insurance Commissioner Stephen W. Robertson announced that Guggenheim Life and Annuity Co. will reinsure policies originally issued by Standard Life Insurance Company of Indiana, which has been in rehabilitation for two years. Standard Life is undergoing reorganization. As part …