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

Pittsfield, Maine Being Considered for 200-job Call Center

Pittsfield, Maine is one of four towns under consideration by a North Carolina company for a new call center that could employ up to 200 people. Global Contact Services, which runs 11 call centers in six states, is holding a …

Electrical Problem Blamed for Kentucky Fire that Killed Six Horses

Fire investigators are blaming an electrical problem for a fire that killed six horses in a western Kentucky barn last week. Baskett, Ky., fire chief Bill Shaw says state and federal investigators found that a shorted out extension cord ignited …

Brush Fire, Fog Cause 50-Car Pileup on Florida Interstate Highway

About 50 cars crashed on a highway blanketed by fog and brush fire smoke in central Florida Wednesday, killing at least three people, authorities said. Nearly 15 miles of Interstate 4 between Tampa and Orlando in central Florida were blocked …

Despite Higher Costs, Insurers Encourage ‘Green’ Rebuilding of Homes

Sean Walsh returned to his mother’s San Diego home after the October wildfires to find it charred to its foundation. He says he plans to help her rebuild the trilevel, five-bedroom abode — happily used to host 19 grandkids — …

Overflowing Court Docket Creates Fire Hazard in Tenn.

The city fire marshal in Murfreesboro, Tenn., ordered about 50 people to leave the Rutherford County Judicial Building because of overcrowding. There were more than 530 cases on the General Sessions Court docket Tuesday and sheriff’s Sergeant Mike Potts said …

Ky.: Insurance Fraud Charges Net Olive Hill Man 20 Days in Jail

An Olive Hill, Ky., man received a sentence of 20 days in jail after presenting a fake auto insurance card to the Carter County clerk. Daniel D. McGlone, 49, entered guilty pleas on two misdemeanor counts of insurance fraud and …

Association of British Insurers Promises Members Will ‘Pay More Claims’

The Association of British Insurers has announced that its members – who constitute most of the UK’s insurance industry – “will pay more claims for Critical Illness, Income Protection and life insurance where medical information has not been disclosed, unless …

Starr, First Reserve Form New Lloyd’s Syndicate

Starr Managing Agents Ltd. (SMAL), the Lloyd’s unit of C.V. Starr & Co., has concluded a partnership arrangement with First Reserve Corporation, a private equity firm specializing in the energy industry, to form Lloyd’s Syndicate 2243. “The new syndicate will …

XL Opens Singapore Branch

XL Insurance, the global insurance operations of Bermuda’s XL Capital Ltd., has established a new branch office in Singapore, which it said would “act as the management and underwriting hub for the Asian region, with an initial focus on Directors …

St. George Re – Backed by Berkshire – Aims to Slay Asbestos Dragons

Asbestos related claims have been an albatross around the neck of the insurance industry for over 20 years. They almost caused Lloyd’s to collapse in the 1990’s. However, there now appears to be some new hope on the horizon that …