Monthly Archives: <span>January 2008</span>

W. Va.: St. Paul Travelers Settles Wrongful Firing Lawsuit

In Charleston, W. Va., Kanawha County’s insurer has settled a wrongful-termination lawsuit filed by three former investigators who were fired by former Prosecutor Bill Charnock. St. Paul Travelers agreed Monday to pay $50,000 each to David Keeney, Harold Summers Jr. …

Former Del. AG Fined for Traffic Accident

One of the state’s most prominent attorneys was ordered in October to pay $41.40 for a traffic accident last April on Interstate-95 near Newport. Former attorney general candidate Ferris Wharton was fined after pleading guilty in Justice of the Peace …

Miss. Shooting Victim Awarded $4.5M, Nationwide Insurance not Liable

A Madison County, Miss., jury awarded $4.5 million to a woman who was shot in the arm after an accident at a fast food restaurant in Ridgeland, Miss. The jury on Tuesday found Vicksburg attorney Thomas Randy Clark liable for …

Kentucky Woman Charged with Insurance Fraud

An Irvine, Ky., woman is facing six felony counts of insurance fraud after allegedly filing false statements related to her long-term disability benefits. Treva Caton, 60, began receiving disability benefits in 1984 following a workplace injury. The insurer, John Hancock …

Payment Protection Insurance Violations Cost UK’s HFC Bank $2.136 Billion

The UK’s Financial Services Authority (FSA) has fined HFC Bank Ltd., a division of HSBC, a record £1.085 billion ($2.136 billion) for “failing to take reasonable care to ensure that the advice it gave customers to buy Payment Protection Insurance …

RenRe Records Q4 Write-Downs

RenaissanceRe announced that it expects two significant fourth quarter charges: — A charge which would result in a full reduction of the Company’s carried value in ChannelRe, which was $126.7 million at September 30, 2007, and — A $55.0 million …

Climate Change Impacts UK Marine Environment

Climate change is having “a significant impact” on the marine environment in the UK, according to a new report from the Marine Climate Change Impacts Partnership (MCCIP). The organization was established in March 2005. It is a partnership between scientists, …

Fire, Explosions Reported at Louisville, Ky. Chemical Plant

A Kentucky chemical plant was evacuated Tuesday following a fire and a series of explosions, but no injuries were reported, the company said. The blaze was reported about 10 a.m. EST at the BASF Corp. plant, which makes pigments for …

Latest Ala. Church Fire Accidental, Officials Look for Arson Link in 2 Others

Alabama investigators said a blaze that gutted a Blount County church on Tuesday was an accident, but they are still trying to determine whether there was a link between two church fires in Chilton County. Flames burned through the roof …

Iowa Landlord Convicted of Fraud Ordered to Pay $1.9 Million in Damages

A Cedar Rapids, Iowa landlord was convicted this week of receiving insurance payments based on false claims, and the federal jury ordered him to pay $1.9 million in damages. Robert Miell, 53, was found guilty of insurance fraud and breach …