The family of a Glen Ellyn, Ill. man who died at a dentist’s office has settled a lawsuit against the dentist and clinic for a combined $1.135 million. Robert Pauly, 73, died in the dental chair at Glen Ellyn Family …
Tiger Woods is at home with his new baby. Phil Mickelson is home babying an injured wrist, and Angel Cabrera is back home in Argentina celebrating his U.S. Open win. Despite the absence of those names, there was a feeling …
An oil industry trade group said it has developed standards to better protect workers from explosions like the 2005 BP refinery in Texas explosion that killed 15 people and injured 170. The American Petroleum Institute’s new standards are designed to …
Officials of the Philadelphia Stock Exchange said they have settled a class-action lawsuit brought by shareholders who accused the exchange of diluting their ownership interest when it sold a major stake to six Wall Street firms. Terms of the settlement, …
When Rhode Island won what could be a multibillion-dollar verdict against former lead paint manufacturers last year, advocates hoped the victory would trigger a wave of successful lawsuits against the industry. But two recent court decisions in New Jersey and …
British weather forecasters, making their first public attempt to predict the Atlantic hurricane season, say it may be a little quieter than their American counterparts expect. It is most likely that 10 tropical storms will form from July to November, …
A former employee of Standard & Poor’s has filed a $5 million discrimination lawsuit that accuses the financial information company of allowing other employees to harass and humiliate him because of his Hispanic ancestry and then fire him because he …
The Bermuda-based ACE Tempest Re Group, the reinsurance division of the ACE Group of Companies, has established an underwriting presence at Lloyd’s Reinsurance Company (China) Limited, Lloyd’s new licensed reinsurance company based in Shanghai (See IJ web site April 23). …
The Treasury Department of the UK Government has undertaken an examination of the statutes currently governing the functioning of the Lloyd’s market with a view to modernizing them. Last year the Chancellor, Gordon Brown, who’s slated to become Prime Minister …
A.M. Best Co. has assigned a financial strength rating (FSR) of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to PARIS RE S.A., the main operating company of the newly formed PARIS RE group. Best also assigned an …
