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

Judge: Caesars Atlantic City Discriminated against Men

Hiring practices to staff the Toga Bar at Caesars Atlantic City casino hotel get a thumbs down from a judge. The judge says Caesars discriminated against male bartenders when they were passed over in favor of young women who were …

Mississippi Lawyer Zach Scruggs to Report to Prison

Zach Scruggs must report to prison by Aug. 15 for knowing about the bribery scheme that also landed his father and law partner behind bars. Scruggs was indicted in November along with his father, famed tort attorney Richard “Dickie” Scruggs, …

West Virginia Governor, DuPont Met over Appeal of $196M Verdict

Gov. Joe Manchin’s office acknowledged that he conferred twice with chemical giant DuPont as it planned to appeal a $196 million punitive damage award in a West Virginia pollution case. His office also reviewed a draft friend-of-the-court brief offered by …

Campaign Donations Focus of Del. Insurance Commissioner Debate

The leading candidate in the race for the Democratic Party’s nomination for state insurance commissioner is defending himself from attacks from his rivals about his campaign contributions. During a debate Wednesday on WDEL radio, candidates Tom Savage and Karen Weldin …

HUB Makes Ontario Management Changes

Chicago-based Hub International Limited announced the following management changes to be effective October 1, 2008: — Dennis Pauls, currently CEO of Hub Ontario, will become CEO of Hub Midwest West (Chicago); — Bill Zanoni, currently CEO of Midwest West, will …

Zurich Closes Acquisition of 50% Stake in Spain’s Caixa Sabadell

Zurich Financial Services Group announced that it has completed the acquisition of a 50 percent stake in Spain’s Caixa d’Estalvis de Sabadell’s (Caixa Sabadell) life and general insurance companies, CaixaSabadell Vida, S.A. de Seguros y Reaseguros and CaixaSabadell Companyia d’Assegurances …

S&P Releases New Lloyd’s Syndicate Financial Assessments

Standard & Poor’s Ratings Services has announced the results of its latest public information Lloyd’s Syndicate Assessment (LSA) review, which considered the 2007 syndicate financial statements and additional publicly available information and news flow up to Aug. 13, 2008. S&P …

AIR Updates Catastrophe Risk Modeling Systems

Boston-based AIR Worldwide Corporation has announced the release of updates to its CATRADER®, CLASIC/2™ and CATStation® catastrophe risk management systems. “The version 10.0 releases include a number of significant software enhancements such as quicker import of insurance-linked securities, storage and …

Santa Cruz Nail Salons Cited for Workers’ Comp Violations

Santa Cruz County District Attorney Bob Lee announced that on Aug. 12, 2008, a sting operation was conducted at nail salons in Santa Cruz County, Calif., that led to five citations. The operation was conducted to enforce laws concerning workers’ …

Bigger, Tougher Fires Bring Calif. to the Brink; Schwarzenegger Proposes Insurance Surcharge

Faced with hundreds of big, hard-to-control blazes, California is struggling with what could be its most expensive firefighting season ever, burning through $285 million in the last six weeks alone and up to $13 million a day. With the worst …