Monthly Archives: <span>October 2006</span>

No Horsing Around, Conn. High Court Tosses Liability Waiver

A release from liability that a horseback riding farm requires all of its customers to sign violates public policy and is not enforceable, the Connecticut Supreme Court recently ruled. The high court, citing a similar case involving a snowtubing liability …

Disaster Aid Cleared for Western N.Y. Towns Hit by Record Snowstorm

President Bush on Tuesday issued a major disaster declaration for western New York following a record-breaking snowfall in the Buffalo area earlier this month. The declaration triggers federal aid for uninsured losses to homes and businesses caused by the Oct. …

Bar Harbor, Maine Braces for More Quake Aftershocks

Additional aftershocks are possible in the days and weeks ahead after a series of four small earthquakes shook the BBar Harbor, Maine area last Sunday. The tremors were normal aftershock activity from an Oct. 2 quake with a magnitude of …

Ohio Enters into $7 Million Settlement Agreement with Zurich

Attorney General Jim Petro and Ohio Department of Insurance Director Ann Womer Benjamin announced that they have reached a settlement with Zurich American Insurance Co., resolving allegations that the company conspired with other insurers and insurance broker Marsh & McLennan …

N.J. High Court Rules Gays Entitled to Rights, Benefts of Marriage

The New Jersey Supreme Court has ruled that the equal protection clause of the state’s constitution requires that “committed same-sex couples must be afforded on equal terms the same rights and benefits enjoyed by opposite-sex couples under the civil marriage …

New Risk Assessment Techniques a Must If Credit Scoring Bans Enacted

Insurers will need to develop new evaluation techniques to help them assess risks, if the use of credit scoring in underwriting goes away, attendees at the CAS Seminar on Predictive Modeling heard here during a session titled “What To Do …

Disaster Planners Focus Anew on Lake Okeechobee, Miami area

Disaster planners will use $4 million in federal money to map out preparations for two catastrophic Florida hurricane scenarios: the failure of the dike around Lake Okeechobee and the impact of a powerful Category 5 storm in the Miami area. …

Whites Pursued Katrina Insurance Complaints More than Blacks in La.

The Littles and the Kitchens watched helplessly as Hurricane Katrina battered their New Orleans homes. Both families waited patiently for an insurance adjuster to settle their losses. And both were sorely disappointed with the outcome. Then, their paths diverged. Richard …

FEMA Approves Recovery Assistance for Big Island Quake Victims

The Federal Emergency Management Agency has approved relief and recovery assistance to Big Island victims of the recent earthquake in Hawaii, said Gov. Linda Lingle on Oct. 23. The aid may include grants for temporary housing, home repairs and other …

String of Arsons Concerns Residents of Bexar County, Texas Subdivision

Investigators say arson is suspected in a string of fires that has destroyed four unfinished homes and one newly constructed house all on the same block in a suburb of San Antonio, Texas. A fire early Sunday in the Heritage …