Delaware News

It Figures

$45 Billion The rate of obesity in the United States has doubled in the last 30 years, and those extra pounds weigh on companies’ bottom lines, according to a new report from The Conference Board. Today, 34 percent of American …

N.Y. City to Lower Catskills Reservoirs to Reduce Flood Risk to Pa.

At the request of Gov. Ed Rendell, New York City has agreed to release more water from its reservoirs in the Catskills in an effort to reduce the danger of flooding in communities downstream along the Delaware River. Flood-battered residents, …

Ratings Roundup: Indemnity, Safety, HCC, NAICO

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Indemnity Insurance of DC Group (IIDC) and its members, all with stable outlooks. These ratings also apply to Indemnity Insurance Corporation …

Democrat Vying for Delaware Insurance Post Defends Funds

A Democrat running for insurance commissioner says contributions listed in his campaign finance report from a state contractor aren’t unethical. INS Regulatory Services Inc. — which has received $60 million from the state insurance department to perform financial examinations — …

Cereal Link to Salmonella Strain Probed in North Dakota, Other States

At least 23 people in 14 states, including North Dakota, have been sickened by the same strain of salmonella found in two breakfast cereals recalled by Malt-O-Meal, the federal Food and Drug Administration said Saturday. Officials in Minnesota are investigating …

Total Bank Insurance Revenue Up Slightly in 2007

The nation’s bank holding companies experienced a slight increase of 0.5 percent in their total insurance revenue from $43.5 billion in 2006 to $43.7 billion in 2007. Citigroup Inc. (N.Y.), Wells Fargo & Co. (Calif.), HSBC North America Holdings (Ill.), …

Delaware Seeks Funds for Additional Red Light Cameras

Delaware could be getting more red light cameras. The Department of Transportation says state lawmakers are considering adding ten cameras to the 20 already on state roads. State officials say the cameras brought in more than $3 million in fines …

Creator of Delaware Teen Driving Program Has Felony Record

Officials in Delaware say they’ve learned the man behind a safe driving course being offered to Delaware teenagers has a felony record. Authorities say Paul Burris was convicted in 2005 in Florida in a grand theft and fraud case. He …

Judge Approves $4.5M Settlement Against Tyson Foods Directors

A Delaware Chancery Court judge has approved the settlement of a shareholder lawsuit against directors and executives of Tyson Foods but reserved judgment in a dispute over attorney’s fees. The settlement approved by Chancellor William Chandler III calls for Don …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Sports & Recreation Nuts & Bolts: Sadler Sports and Recreation is offering sports and recreation …