Guatemala News

LA Jurors Award $3.3 Million to Banana Workers in Pesticide Case

A jury awarded $3.3 million to six workers who claimed they were left sterile by a pesticide used at a banana plantation in Nicaragua operated by Dole Fresh Fruit Co. The workers’ lawsuit accused Dole and Standard Fruit Co., now …

Vehicle Theft Drops Again in 2006

In 2006, 1,192,809 motor vehicles were reported stolen which is 42,417 fewer than in 2005, representing the third year in a row that vehicle theft has declined. Even so, every 26.4 seconds a vehicle is stolen in the United States, …

Insurers Agree to $6 Million Settlement in Deadly Fla. Mobile Home Fire

Five survivors of an Immokalee, Fla., mobile home fire and the families of five more who died in the blaze will share a $6 million insurance settlement. The Collier County Sheriff’s Office is still investigating the March blaze in the …

Felix the Cat – 4 or 5

Hurricane Felix, which is poised to come ashore along the border of Nicaragua and Honduras later today, is a strange storm (See following article). It developed suddenly from a tropical depression on Friday, Aug. 31 into a full-blown category 5 …

Fitch Sees Little Subprime Exposures in Latin American Banks, Insurers

A poll, conducted by Fitch Ratings, indicates that the banks and insurance companies it rates in the Latin America Region as to the extent they may hold direct or indirect exposure to U.S. subprime backed structured securities, found that “exposure …

Trial Set in Calif. for Latin American Banana Workers

The pesticide was designed to kill worms infesting the roots of banana trees on Latin American plantations. But at least 5,000 agricultural workers from Nicaragua, Costa Rica, Guatemala, Honduras and Panama have filed five lawsuits in this country claiming they …

Ariz.’s Construction Industry Sees Surge in Injuries to Latinos

Arizona’s booming population and a surge in construction activity has led to an outsized increase in the number of Hispanic workers injured or killed in the workplace, with more than one-quarter of the injuries occuring in the construction industry, a …

1991 Honda Most Stolen Vehicle

For 2005, the most stolen vehicle in the nation was the 1991 Honda Accord, according to Hot Wheels, the National Insurance Crime Bureau’s companion study to its annual Hot Spots auto theft report. The study examines data reported to the …

IDB Contracts with ABS Corporate Solutions/EQECAT for Cat Project

ABS Corporate Solutions, and its affiliate EQECAT, Inc. announced that the Inter-American Development Bank (IDB) has signed a contract for a catastrophic risk analysis project focusing on Bolivia, Guatemala, Peru and Jamaica. “The analysis will be used to develop risk …

Aon Issues 2006 Political & Economic Risk Map

“United States-based companies with business interests abroad will not be trading in a safer world in 2006,” according to Aon’s newly published annual global business risk analysis represented in its 2006 Political & Economic Risk Map. Aon said the “map …