One worker is dead and another is seriously injured after being shocked by an electric line while making repairs at the site of a water main break in Arlington, Virginia. The county identified the worker as 59-year-old James Bea, a …
Children under 18 who lost a parent in a deadly 2003 Rhode Island nightclub fire should receive an average gross award of $202,000 as their shares of a $176 million legal settlement, according to a report submitted in federal court. …
Virginia Tech’s Seismological Observatory says a small earthquake that struck central Virginia prompted numerous reports of weak to light shaking but it didn’t cause any damage. The observatory and the U.S. Geological Survey say the 2.7-magnitude quake occurred at 5:24 …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based BNY Trade Insurance Ltd. Best said the ratings’ revisions reflect BNY Trade’s …
Aon and Chubb Corp. have advised Isle of Man directors that they “may need to go beyond simply complying with new Financial Services Commission (FSC) regulations on insurance to prevent gaps in cover.” The companies were speaking at an Institute …
Lloyd’s and international insurer Beazley announced that underwriters placing business for the company now have access to the Lloyd’s Exchange. The processing system will enable them to “undertake electronic placing, endorsements and other market initiatives,” said the bulletin, adding that …
The Professional Liability Underwriting Society (PLUS) has recognized Dr. William Feldhaus with the organization’s 2009 PLUS Founders Award. The Founders Award, which was presented at the group’s annual meeting in Chicago earlier this month, recognizes a member of PLUS who …
More than 300,000 current and former policyholders of General American Life Insurance Co. will soon receive $75 million in distribution payments, according to the Missouri Department of Insurance. In 1999, the Missouri DOI placed General American’s parent company, General American …
The former bookkeeper for a Pittsburgh insurance agency has pleaded guilty to mail fraud for stealing more than $432,000 from the business. Federal prosecutors say 45-year-old Debrah Wenig, of Pittsburgh, was one of two people needed to sign checks for …
The Hanalei community on Kauai was hit with 13 inches of rain in 24 hours last week, and bore the brunt of the storm’s flood damage. County officials say it will cost $500,000 to repair a pipeline that brings water …
