A New London woman and Lawrence & Memorial Hospital have settled a lawsuit in which the woman claimed the hospital failed to properly diagnose and treat her mother after she contracted the flesh-eating bacteria. An attorney for Bianca Nardi tells …
A suburban Philadelphia chiropractor has been sentenced to three year in federal prison in a nearly $2 million insurance fraud case. Prosecutors say 50-year-old Joseph Lerner ran a gym and health club in Horsham and encouraged people to join by …
Planned new U.S. mine safety rules, following a blast that killed 29 men last year, will further raise costs for mining companies that already spent close to $1 billion between them upgrading safety measures four years ago, the mine industry …
Exxon Mobil Corp.’s chief executive officer disputed findings from a White House commission that lax industry practices were to blame for last year’s massive BP oil spill. At a conference in Austin Thursday, Rex Tillerson, CEO of the world’s largest …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Guam-based Tokio Marine Pacific Insurance Limited (TMPI), both with stable outlooks. The ratings reflect TMPI’s “consistent growth in surplus and dominant …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit ratings (ICR) to “bb” from “bb-” of American Country Insurance Company and American Service Insurance Company, Inc., both domiciled in Elk …
Bermuda-based Omega Insurance Holdings Limited, which is also a leading LLoyd’s insurer, has issued a revised estimate of the losses it expects to incur from claims related to the earthquake, which struck New Zealand on Sept. 4. Omega explained that …
Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some infrastructure could take years to repair, authorities said on Friday. The floods have swamped mines in Queensland State, paralyzing operations …
Federal officials will conduct a special survey to determine how this season’s cold weather has affected Florida’s citrus crop. According to the United States Department of Agriculture, researchers will cut oranges and grapefruit to record the extent of freeze damage. …
The US Airways jet that made a near-miraculous landing on the Hudson River just off New York City in 2009 will finally reach its destination, but as a museum piece rather than in service. The Charlotte Observer reported that the …