Yearly Archives: <span>2011</span>

University of Kentucky, Professor Settle Religious Bias Job Claim

An astronomy professor who sued the University of Kentucky after claiming he lost out on a top job because of his Christian beliefs reached a settlement Tuesday with the school. The university agreed to pay $125,000 to Martin Gaskell in …

Equipment, Coal Dust Caused West Virginia Mine Blast: Probe

Federal investigators said Wednesday a small fire caused by a methane or natural gas leak likely set off a massive blast of coal dust that killed 29 miners at Massey Energy’s coal mine in West Virginia last year. Several sprinklers …

House Passes Repeal of Healthcare Law

The Republican-led U.S. House of Representatives passed legislation that would repeal President Barack Obama’s landmark healthcare reform law Wednesday in a mostly symbolic move likely to be scuttled in the Senate. The House voted 245-189 to approve the Republican bill …

Washington Fraud-Fighting Program Collects $137 Million

Washington’s Department of Labor & Industries’ Fraud Prevention and Compliance Program brought in $137.4 million in 2010 for its fraud fighting efforts. The total, detailed in L&I’s annual report to the legislature, “Targeting Fraud and Abuse,” includes payments from employers …

Qantas Aiming to Settle with Rolls-Royce over A380 Engine Failure

Australia’s Qantas Airways is working towards a commercial settlement with Rolls-Royce over last year’s mid-air engine explosion, its chief executive said, as the airline rebuilds its image tarnished by the incident which temporarily grounded its fleet of A380 aircraft. Alan …

At Least 207 Missing in Brazil Floods; 741 Dead

At least 207 people are still missing after Brazil’s worst landslides in decades, authorities said Wednesday, as the death toll from the disaster in a scenic mountain region reached 741. The list of missing people released by the Rio de …

Guy Carpenter Establishes New Facultative Team in Iberia

Guy Carpenter & Co, the global risk and reinsurance specialist of Marsh & McLennan, announced the formation of a new dedicated facultative team in Iberia. Alejandro Ramirez, Senior Vice President, Artur Castany, Senior Vice President, and Antoni Galí, Assistant Vice …

RSA Posts 2010 Weather Impact Update; 2011 Outlook

The UK’s RSA announced that the “impact of the adverse weather in November and December 2010 to be around £142 million [$229 million] more than normal levels and for the full year to be around £255 million [$408 million], or …

Best Upgrades Unifund Assurance Rating; Affirms Ratings of RSA Canada Members

A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bb+” from “bb” and affirmed the financial strength rating (FSR) of ‘B’ (Fair) of Unifund Assurance Company, which is based in St. John’s, Canada. Best has also affirmed the …

The Insurance Community University Announces Webinar Classes Approved for CE in California

January 20 2011 – The Insurance Community University announces the unveiling of its ‘Lecture Series’ of Webinar Classes approved for CE in the state of California. The Insurance Community University is the paid member portion of the Insurance Community Center. …