Yearly Archives: <span>2007</span>

Allied World to Buy Converium’s U.S. Reinsurance Operations

Bermuda-based Allied World Assurance Company Holdings, Ltd. announced that its U.S. holding company has entered into an agreement to purchase Converium Insurance (North America), Inc., a New Jersey domiciled company. Financial details of the purchase were not disclosed. Subject to …

Feds Inspect Atlanta’s Fox Theatre After Dancer Seriously Injured in Fall

Federal authorities want to know if sufficient safety programs were in place before a 17-year-old ballet dancer was seriously injured in a fall during a recent performance at the Fox Theatre in Atlanta The federal Occupational Safety & Health Administration …

S.C.: E-mail Shows PR Strategy Involving Charleston Fire Investigation

An e-mail sent by a South Carolina workplace safety official details the agency’s public relations plan to downplay the release of an investigation into a furniture store fire that killed nine firefighters, according to a published report. The Post and …

Army Corps of Engineers: Sago Mine Blast Stronger than First Reported

The deadly Sago Mine explosion in West Virginia may have been nearly seven times more powerful than previously reported, according to a government report obtained by the Sunday Gazette-Mail. The 138-page Army Corps of Engineers study was obtained through the …

Farmers Insurance Introduces New Annual Auto Policy in Ohio

Farmers Insurance Group of Cos., including Farmers Insurance Company of Columbus recently announced a new product for its over 256,000 insurance policyholders or new policyholders in Ohio. Beginning December 17, 2007, the Farmers will offer an annual auto insurance policy …

Farmers Insurance Offers One-Year Auto Policy in Alabama

Farmers Insurance Group of Companies, including Farmers Insurance Exchange will offer an annual auto insurance policy in Alabama that will allow auto insurance policyholders and new customers to choose a full-year auto policy term option or the six-month policy term …

Mass. Arson Case Still in Court After 9 Years

Almost nine years after five people died in an arson fire in Lynn, Mass., attorneys are still wrangling over which statements can be used at the trial of the woman charged with setting the blaze. The state’s highest court has …

N.H. Man Sentenced for Workers’ Compensation Theft

A 52-year-old New Hampshire man has pleaded guilty to theft in a workers’ compensation case. Attorney General Kelly Ayotte says Philip Rice of Derry was sentenced to serve six months in jail with the sentence suspended for three years if …

S&P Details Actions Taken on ‘Public Information’ Ratings

Standard & Poor’s Ratings Services has announced various rating actions on insurance companies with public information (pi) ratings. S&P explained that “ratings with a ‘pi’ subscript are based on an analysis of an issuer’s published financial information, as well as …

California State Fund Receives $153,000 in Fraud Case

A San Diego businessman was ordered to pay $153,779 in restitution to California’s State Compensation Insurance Fund as part of his conviction on workers’ compensation fraud. Marco Rangel pleaded guilty to one count of insurance fraud and one count of …