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Kentucky Fire Marshal Seeks Help With Arson Cases

Because of an alarming increase in suspected arson fires in Kentucky, State Fire Marshal William Swope is asking citizens to provide information to help solve the crimes. Since December, arson has been suspected in nearly a dozen fires in Pulaski, …

Ratings: QBE Del Istmo, Asia Capital Re, Lloyd’s Syndicate 570 (Atrium)

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Panama-based QBE Del Istmo Reinsurance Inc, Del Istmo Assurance Corp and Liffey Reinsurance Company Limited, which is domiciled in Dublin, Ireland. …

Windstorm Andrea, First of 2012, Causes Damage in Europe: AIR Report

According to catastrophe modeling firm AIR Worldwide, Windstorm Andrea passed through the U.K. earlier this week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland. The storm is the first in 2012. It …

Liberty Syndicates Appoints Wilkinson Head of Risk Management

Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Dan Wilkinson as Head of Risk Management. He formerly held the position of Chief Risk Officer at an international insurance company. Liberty Syndicates CEO Nick Metcalf described Wilkinson …

Grounded Cargo Ship Breaks Apart on New Zealand Reef

A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday. The wreck of the Greek-owned Rena was described …

Olympus Sues President, Ex-directors over $1.7 Billion Fraud: Sources

Japan’s Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation’s worst accounting scandals. The maker …

Insurance Agent Rowland Gets Kentucky GOP Nomination

Tompkinsville independent insurance agent Bart Rowland will be the Republican nominee for a Kentucky House seat left vacant when former Rep. James Comer was elected state agriculture commissioner. Rowland was nominated last week by the Republican executive committees of Cumberland, …

SEC Changes Its Settlement Language Where Criminal Violations Admitted

U.S. securities regulators said on Friday that defendants can no longer settle civil cases using “neither admit nor deny” language if they have already admitted to wrongdoing in parallel criminal cases. The policy change, announced by Securities and Exchange Commission …

Whistleblowers Earn a Record $532 Million in 2011

Whistleblowers earned more than $532 million in 2011 through lawsuits alleging fraud against the U.S. government, a record for such payouts, according to a law firm study published on Friday. Private parties suing on the behalf of the government collected …

Florida Investigating Massive PIP Fraud in Dade County

State investigators are considering criminal charges after finding regulatory violations in almost 90 percent of the pain clinics that treat automobile accident victims in Miami-Dade County. A report by the Agency for Health Care Administration revealed irregularities were discovered during …

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