The state Department of Environmental Protection said it is launching a broad review of West Virginia’s 250 or so underground coal mines after one operation mined beyond its permit and – perhaps – inside the safety zone of a waste …
Eight shareholders have sued to block Montgomery, Ala-based Alfa Corp.’s $639 million proposal to buy out minority shareholders, claiming it’s an unfair price. The suit was filed in the Chancery Court of Delaware, where the insurer is incorporated. The plaintiffs …
Australia’s QBE Insurance Group reported a hefty 56 percent increase in after tax net profit for the half year to June 30, 2007 to a record A$921 million (US$740 million), compared to A$591 million (US$475 million) in H1 2006. “The …
Boston’s AIR Worldwide estimates that insured losses from the magnitude 8.0 earthquake that struck Peru’s Ica region, south of the capital Lima, on August 15 are unlikely to exceed $1 billion. “It is still in the very early aftermath of …
Oakland Calif.-based EQECAT, Inc. issued a preliminary assessment of the insured losses from Hurricane Dean of between $1.5 and $3 billion. The estimate covers damages incurred by the hurricane’s passage through the Lesser Antilles as far as Jamaica. EQECAT said …
Hurricane Dean, is the most powerful storm to roil the waters of the Caribbean since Wilma in 2005. So far it’s been responsible for at least six deaths. After ravaging Martinique and St. Lucia as a category two storm, Dean …
An Iowa City, Iowa woman convicted of setting her own apartment on fire will serve up to 10 years in prison. Jayne Eicher, 38, pleaded guilty to second-degree arson Aug. 7. She was sentenced to 10 years in prison with …
Stamford, Conn (August 20, 2007) e2Value, Inc., a leading provider of Insurance-to-Value Internet applications, today announced the addition of Wally Parker as director of Product Development. Mr. Parker has more than 30 years of experience in developing cost data and …
Two brothers in Woodland Hills, Calif., have been arrested and charged with felony insurance fraud, conspiracy and perjury. According to the California Department of Insurance, Masood D. Pymanee, 32, and Mahboob D. Pymanee, 30, were arrested on Aug. 15, 2007 …
Los Angeles-based Executive Perils has named Bridget Livingston vice president/broker. Livingston brings technical expertise, strong education and industry experience to her new role. She graduated from Michigan State University with a BA in finance. She also completed two semester study …
