Monthly Archives: <span>June 2011</span>

New Jersey Man Charged with Trying to Sink His Own Boat

A New Jersey fishing boat owner is charged in a botched attempt to sink his vessel to collect insurance money. A federal indictment unsealed Wednesday charges 38-year-old Scott Tran of Cherry Hill, and three other men. Authorities say Tran wanted …

BP Reaches Deal with Weatherford Over Gulf Oil Spill Costs

BP has reached agreement with Weatherford U.S., L.P. to settle potential claims between the companies related to the Deepwater Horizon accident. Under the agreement, Weatherford, which manufactured the float collar used in the well, will pay $75 million. BP said …

Ambrose Promoted at Russell Bond

Anthony A. Ambrose has been promoted to vice president and senior broker at New York-based wholesale broker Russell Bond. Ambrose joined Russell Bond in 1994 and currently responsible for financial institutions, medical professional, errors & omissions, environmental and complex property, …

Aspen Names O’Hara as Marine Claims Exec

Aspen U.S. Insurance has appointed Jonathan O’Hara senior vice president of marine claims. He has over 20 years of marine insurance claims and subrogation experience. He began his career in London with WK Webster before being assigned to New York …

Group Supports Research into Brain Injuries Among Athletes

Board members of the organization that sets voluntary safety standards for athletic equipment have approved $1.1 million in grants to research traumatic brain injury, a step toward protecting athletes from concussions. At its summer meeting, the board of the National …

Mississippi Case Shines Light on Relationships Between Judges, Lawyers

The corruption case involving Paul Minor and two former Harrison County jurists has changed forever the relationships between Mississippi judges and lawyers, a federal public defender says. “Every judge in Mississippi has looked at what happened to Mr. (Wes) Teel …

Effects of Tennessee Law Restricting Anti-Discrimination Rules Debated

A lawsuit filed in Nashville challenging a new state law says the legislation voids school board policies that protect gay and lesbian students from bullying and harassment, but the law’s sponsor disagrees. The law prohibits local governments from creating anti-discrimination …

Michigan Supreme Court Eyes Broken Ankle, Truck Door Insurance Case

The Michigan Supreme Court wants to know more about a Macomb County case in which a woman successfully sued her insurance company after breaking her ankle outside her parked truck. The court might consider whether it was appropriate for Mona …

Navigators Launches Life Sciences Products

Navigators Management Co., Inc. has introduced a new global life sciences suite of products, Navigators LS Elite, a set of property & casualty products addressing the needs of the life sciences industry. These products are available for companies in North …

Mississippi River Flood Recovery Slow and Sad for Many

James Winters walked slowly through the sweltering remains of his waterlogged home, then wiped the sweat from his brow and pointed to a ceiling fan — the sagging blades were covered in mold because the Mississippi River flooded the house …