Monthly Archives: <span>January 2010</span>

Pennsylvania Zinc Plant Settles Pollution Lawsuit

The largest zinc producer in the United States and an environmental group have settled a federal lawsuit claiming the company polluted the Ohio River. Under the settlement with Clean Water Action, Horsehead Holding Corp. of Monaca will pay $15,000 for …

Main Street America Acquires Texas Surety Business from CAIC

Houston-based CAIC Holding Co.Inc. (CAIC) has sold its surety division to property/casualty insurance carrier The Main Street America Group, based in Jacksonville, Fla. The firms said the agreement is effective Jan. 4, 2010. Terms were not disclosed. Luis Bordes, CAIC …

Ex-Georgia Football Player to Appeal Dismissal of Insurance Lawsuit

A former University of Georgia football player is asking a judge to reconsider his decision to dismiss a lawsuit that claimed the school’s athletic department failed to secure him a $500,000 insurance policy. Decory Bryant’s attorney Hue Henry said he …

Cheerleader, Teacher Sues ‘Dirty’ Web Site in Kentucky for Libel

A Cincinnati Bengals cheerleader who also works as a school teacher in northern Kentucky is suing a gossip Web site for libel over a posting that she says falsely claims she was exposed to two venereal diseases. The woman, identified …

U.S. Mine Deaths At Record Low

The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …

AIG Executive Quits Over Pay Limits

A top executive at American International Group Inc. has resigned because of pay curbs imposed by the Obama Administration’s pay czar, the insurer said last week. Anastasia Kelly, AIG’s vice chairman for legal, human resources, corporate affairs and corporate communications, …

Torus Appoints Richardson, Sr.VP for Human Resources

Global specialty insurer Torus has named Jackie Richardson as Sr. VP, Head of Global Human Resources. She reports to Global Chief Operating Officer, Naveen Anand, and will “implement and lead the Human Resources strategy for the Group worldwide,” said the …

Willis Completes Change in Country of Incorporation to Ireland

Willis Group Holdings announced that its reorganization has been completed and the new parent company of the Willis Group – known as Willis Group Holdings Public Limited Company (PLC) – is incorporated in Ireland. Willis first announced the reorganization in …

Cargo Ship and Tanker Hijacked off Somali Coast

A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday. The multiple hijackings …

Ryland Named Armour Re Sr. VP

Bermuda-based Armour Reinsurance Group Holdings Limited announced the appointment of Steve Ryland as Senior Vice President of the Group. His experience is in the areas of insurance run-off and the provision of services to discontinued insurance and reinsurance entities. Ryland …