Jordan News

Ratings Recap: Arab Orient, Egypt Re, Trinidad and Tobago Insurance

A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Jordan’s Arab Orient Insurance Company with a stable outlook. “The ratings reflect Arab Orient’s strong risk-adjusted capitalization, leading business position in …

Rash of NYC Construction Accidents Prompts Workers to Hold Memorial

Thousands gathered at St. Patrick’s Cathedral for a Mass organized by New York City construction workers to remember more than two dozen of their colleagues killed on the job in the past year. The memorial comes barely a week after …

N.C. Man Charged With Fraud in Diamond Ring Claim

North Carolina officials arrested a Garner, N.C. man and charged him with one count of insurance fraud and one count of obtaining property by false pretense, according to Insurance Commissioner Jim Long. The charges filed against Williams stem from allegations …

Nearly a Dozen Arrested for $2 Million Scam

Eleven alleged Bay Area fraud perpetrators were arrested on numerous felony counts including insurance fraud, identity theft, possession of stolen property and filing a false tax return. Wireless phone dealers, employees and customers were arrested for their purported involvement in …

North Carolina Man Charged with Filing Fraudulent Diamond Ring Claim

North Carolina officials arrested a Garner, N.C. man and charged him with one count of insurance fraud and one count of obtaining property by false pretense, according to Insurance Commissioner Jim Long. Long said a Department of Insurance investigator arrested …

Nearly Dozen Arrested for $2 Million California Insurance Fraud Scam

California Insurance Commissioner Steve Poizner announced the arrests of nearly one dozen alleged Bay Area fraud perpetrators. Eleven subjects were arrested over the past week on numerous felony counts including insurance fraud, identity theft, possession of stolen property and filing …

Tug, Barge, Collide with Vessel in Alabama Section of Tennessee River

A tugboat pushing a barge near Florence, Ala., collided in darkness with another boat on the Tennessee River, killing at least one person on the second boat. A search on March 28 identified what appears to be the boat’s wreckage …

City Officials in Oklahoma Seek More State Money for Roads, Bridges

Oklahoma municipal leaders have asked state lawmakers to support increasing state funding for transportation projects in cities and towns and said crumbling roads and bridges pose a public safety threat in local communities. Mayors and police and fire chiefs from …

iCrime Wave? Researchers Suggest iPods Linked to Rise in Robberies

It is easy to see why iPods would be alluring targets for criminals: The music players are valuable and easy to resell, and people absorbed in their personal soundtracks can be vulnerably oblivious to their surroundings. But could the temptation …

Charges Against Rep. Renzi of Ariz. Include Land Swap, Insurance Fraud

Republican U.S. Rep. Rick Renzi of Arizona has been indicted on a slew of public corruption charges and for stealing from his insurance company’s clients to fund his first campaign, federal authorities announced. The 26-page indictment issued last Thursday culminated …