January 7, 2008
A judge last Friday refused to strike down a proposal from the state that calls for three former lead paint manufacturers to pay an estimated $2.4 billion to clean up roughly a quarter-million homes in Rhode Island. The companies two …
January 7, 2008
The Massachusetts attorney general has accused Great American Insurance Group of bid-rigging for what she says was a fake price quote it submitted in 2004 to a Norwood technology firm. Attorney General Martha Coakley last week filed a lawsuit alleging …
January 7, 2008
Standard & Poor’s Ratings Services has revised its outlook on HMSC Corp., the intermediate holding company of Swett & Crawford Group Inc., to negative from stable, while also affirming its ‘B’ counterparty credit rating on HMSC. “The revised outlook reflects …
January 7, 2008
Lloyd’s announced that it has become the first foreign entity to take advantage of a recent regulatory change in Chile’s insurance practice. Following the signing of a Free Trade Agreement in 2007 “between Chile and the European Union, the South …
January 7, 2008
When state lawmakers passed two pioneering laws aimed at providing hospital safety information to patients, health care experts said Illinois was a national model. Four years and many missed deadlines later, that’s no longer true. “It’s disappointing because Illinois was …
January 7, 2008
A Detroit company is voluntarily recalling about 13,150 pounds of steaks and ground beef products because they may be contaminated with E. coli. The U.S. Department of Agriculture’s Food Safety and Inspection Service says the products from Mark’s Quality Meats …
January 7, 2008
A ruptured levee sent a frigid “wall of water” from a rain-swollen canal into this high desert town Saturday, Jan. 5, flooding hundreds of homes and forcing the rescue of more than a dozen people by helicopter and boat. To …
January 7, 2008
New Mexico’s Public Regulation Commissioner Jason Marks has been elected as chairman of the utility regulatory agency. The five-member PRC oversees insurance, electric and natural gas utilities, telecommunications and some transportation companies. Marks succeeds Commissioner Ben Ray Lujan as chairman. …
January 7, 2008
The Montana Supreme Court has ruled in favor of two employees in recent workers’ compensation decisions, saying they are due insurance for injuries received while on break and at a company party. In one case, a woman was injured during …
January 7, 2008
New Mexico’s Educational Retirement Board, its beneficiaries and thousands of investors who are part of the punitive class stand to benefit from a lawsuit settlement between the state and an insurance company. St. Paul Travelers Companies agreed to the $77 …