Monthly Archives: <span>February 2009</span>

Travelers Broadens Coverage for Private/Mutual Insurers

As mounting economic uncertainty leads to new and increasingly complex business challenges for executives, Travelers Bond & Financial Products has unveiled new program enhancements and a Private/Mutual Insurance Company endorsement as part of its Travelers SelectOne for Insurance Companies product. …

55 Wells Around Northeast Oklahoma Town to Be Tested for E. Coli

The Oklahoma Department of Environmental Quality said it is testing 55 private water wells within a five-mile radius of the northeastern Oklahoma town of Locust Grove to ensure the safety of drinking water in the area. The testing comes after …

BNP Paribas Has Q4 Loss; Braced for Tough Year

BNP Paribas, the French bank embroiled in plans to carve up struggling rival Fortis, posted an expected fourth-quarter loss and said market conditions would remain tough in 2009. France’s biggest bank by market capitalisation on Thursday reported a net loss …

St. Louis Asbestos Case Considered in Federal Court

A federal judge is considering whether to sanction the city of St. Louis for violating clean air laws when it demolished subdivision homes to make way for a new airport runway. U.S. District Judge Carol Jackson heard arguments Feb. 17 …

Florida Jury Awards $8 Million in Tobacco Lawsuit

A Florida jury awarded $8 million Wednesday to the widow of a smoker whose death was caused by his addiction to cigarettes, in a major potential legal setback for tobacco company Philip Morris. The jury in Fort Lauderdale, Florida, decided …

Gilbertson Named Growth Leader for Willis HRH in New Jersey

Insurance brokerage Willis Group Holdings has appointed Peter A. Gilbertson as managing partner and growth leader for Willis HRH in New Jersey. Gilbertson will oversee the day-to-day operations of Willis’s brokerage offices in Cranford, Florham Park, Morristown and Mount Laurel …

South Carolina Jury Awards $4M to Parents of Child with Brain Injury

A jury has awarded more than $4 million to the parents of a South Carolina infant who died after suffering a brain injury during birth. The family’s attorney told The Herald of Rock Hill that a York County jury ruled …

New York State Insurance Fund: Anti-Fraud Efforts Saved $20.7M

New York State insurance Fund (NYSIF) Executive Director David P. Wehner said the NYSIF’s 2008 fraud prevention program accounted for more than $20 million in total savings — a record amount exceeding all prior yearly totals since the program began. …

Judges: Jury Should Hear Florida Carbon Monoxide Suit

A federal judge was wrong to dismiss a lawsuit that blamed an auto muffler maker for the carbon monoxide poisoning of a 19-year-old Florida woman and her boyfriend, rather than let a jury decide, an appeals panel ruled this week. …

More Earthquakes Rattle New Jersey

For the third time in three weeks, a small earthquake has rattled an area of north-central New Jersey. No damage or injuries were reported from the 2.3 magnitude quake, which was recorded shortly before 1:42 a.m. Wednesday. Scott DiGiralomo, a …