Monthly Archives: <span>July 2013</span>

Man Sues Wyoming Walmart For Wrongful Death

A man who says his wife died after she ate a contaminated cantaloupe purchased at a Sheridan, Wyo. Walmart is suing the retailer. The Sheridan Press reported Frederick M. Lollar filed the wrongful death lawsuit in Laramie County’s 1st Judicial …

Mississippi Student Accused of Shooting Roommate Sues University

A former student accused of shooting his roommate in an off-campus apartment has sued the University of Southern Mississippi, alleging that it violated his rights by expelling him and tampering with his files. According to the lawsuit filed in Forrest …

Woman Awarded $775K After Tripping At Vegas Casino

A woman who tripped on a speed bump and injured her shoulder at a U.S. casino has been awarded $775,000. The Nevada Supreme Court upheld the judgment against Harrah’s casino, the Las Vegas Sun reported. Alice Swanson has been seeking …

Mississippi School Districts Shocked By Property Insurance Hikes; Cat Losses Cited

Property insurance premiums have skyrocketed for Pine Belt school districts. Some have had problems just finding a company to insure them. Lamar County School District Superintendent Ben Burnett told the Hattiesburg American that his district’s premium was about $176,000 last …

BP Sees No Quick Settlement in Oil Spill Case; Latest Cost Estimate at $42.4B

BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is …

AIG to Close Down Savings Bank Unit Due to Dodd-Frank Limits

American International Group Inc. will return funds to customers of its banking unit and shut their accounts as the Dodd-Frank Act places limits on insurers with deposit-taking units. AIG Federal Savings Bank “will no longer be servicing retail deposit accounts …

PartnerRe Posts $175.6 Million Q2 Net Loss; Operating Earnings $51.5 Million

Bermuda-based PartnerRe Ltd. reported a net loss of $175.6 million, or $3.37 per share for the second quarter of 2013. The earnings announcement said the figure “includes net after-tax realized and unrealized losses on investments of $230.0 million, or $4.07 …

Quebec Gov’t. Orders MMA Railway, World Fuel to Pay for Train Crash Cleanup

The Quebec government has ordered the rail and fuel companies involved in a devastating train crash that killed 47 people in the town of Lac Megantic to pay for cleaning up the crude oil that spilled in the town and …

XL Posts $272.7 Million Q2 Net Income; $221.6 Million Operating

XL Group plc reported the following hihlights in its earnings report for the second quarter of 2013: — Operating net income for the quarter of $221.6 million is in line with operating net income of $221.9 million in the prior …

Italy Crash Kills at Least 38 as Bus Plunges Into Ravine

At least 38 people died when a bus plowed through a guard rail and plunged into a ravine in southern Italy, a police official said. The bus was traveling downhill near Baiano, Italy — about 40 kilometers (25 miles) from …