A.M. Best Europe – Rating Services Limited has placed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Société Tunisienne de Reassurance (Tunis Re) under review with negative implications. Best said the rating action “reflects …
The owner of a Des Moines employment agency has been indicted on federal fraud charges, accused of scheming to defraud insurance companies out of workers’ compensation premiums. Dan Sethi, of Ankeny, owns DES Staffing Services in Des Moines. An indictment …
Bank of America Corp.’s Countrywide mortgage unit has been sued by investors claiming they were victimized in a “massive fraud” when they bought mortgage-backed securities. The lawsuit was filed on Monday in a New York state court by 12 plaintiffs …
There were discussions about finite modeling, drop heights and linear impacts. Metabolic injury rates were a part of it, even a spare algorithm or two. What was missing was an answer, at least for now. Tasked with creating stiffer helmet …
The Utah Seismic Safety Commission says in a new report a majority of Utah’s public schools do not meet federal standards for earthquake safety. The Deseret News of Salt Lake City says the commission reviewed 128 school buildings and found …
Lake Charles police say a 17-year-old has been booked with simple arson in the fire that destroyed a city park Jan. 8. KPLC-TV reports that the teen is being held in lieu of $60,000 bond — and authorities expect at …
Tesoro Corp. is appealing the $2.39 million fine issued by Washington state to an independent board, after the state Department of Labor and Industries affirmed the penalties and violations in December 2010. The company filed an appeal with the Board …
A contract worker died this week after becoming trapped underneath a beam while working on a project to protect a flooded University of Iowa art building from future water damage, authorities said. Kevin D. Hammons, 52, of Washington, Iowa, was …
A burst water pipe on the 11th floor of a Boston high-rise apartment building sent hundreds of residents into single-digit temperatures and an emergency shelter. Fire department officials say the pipe burst in the 28-story Archstone Apartments building in Chinatown …
Authorities say a fire has destroyed the landmark lodge at a western New York ski resort. The Post-Journal of Jamestown and Buffalo media outlets report that the fire was spotted by a Chautauqua County Highway Department plow driver around 10:30 …