A handful of arson convictions that relied largely on expert testimony are being re-examined because of changes in the scientific understanding of fire. Some are already in court, while in others, defense teams are putting together a case. Among the …
The clues were everywhere. A young woman lay dead in a burned cabin at a church camp in East Stroudsburg, Pennsylvania, while her father survived. Most of the lessons taught to budding fire investigators stood out at the scene. The …
The Pennsylvania state-workers’ retirement system said Friday it has settled for $93 million a class-action lawsuit against Cigna Corp. that accused the company and two of its senior executives of making misleading statements to drive up the stock price. The …
In an early assessment Tropical Storm Risk (TSR) forecast “a return to high hurricane activity in 2007.” The London-based consortium of experts on insurance, risk management and seasonal climate forecasting led by the Benfield UCL Hazard Research Centre at University …
Germany’s Hannover Re has established Hannover ReTakaful B.S.C. (c) in Manama, Bahrain, a wholly-owned subsidiary to underwrite worldwide reinsurance in conformity with Islamic law (so-called retakaful business). The action follows up on the license Hannover received in September from the …
Fairfax Financial Holdings Limited announced the completion of an underwritten public offering of 9,000,000 shares of Odyssey Re Holdings Corp. common stock at a price of US$34.60 per share (See IJ web site Nov. 27). Net proceeds to Fairfax were …
Bermuda-based Assured Guaranty Ltd. announced that its subsidiary, Assured Guaranty US Holdings Inc., has entered into an agreement with a subsidiary of ACE Limited to purchase 5,692,599 of Assured Guaranty’s common shares for $150 million. The share purchase will reduce …
Margaret C. Morris and her insurance company now agree: She’s alive. Several months ago, her insurance company, Medicare or both, dropped her coverage because they presumed the 95-year-old Bellevue, Neb. resident was dead. “It’s disgusting and it’s irritating and it’s …
Congress needs to enact legislation to protect car buyers and those who travel the nation’s highways from unsafe vehicles that were once totaled in Hurricane Katrina and other natural disasters, Sen. Trent Lott, R-Miss., said Thursday. Lott, joined at a …
The state’s top elected leaders have agreed to transfer 96 positions from a deteriorating Division of Motor Vehicles call center in Raleigh to a building in southeast North Carolina. The center handles more than 20,000 calls a week from motorists, …
