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

N.C. Seeks SBA Disaster Declaration for Columbus County

Gov. Mike Easley asked the Small Business Administration for a disaster declaration for Columbus County, N.C., to help pay for repairs and other expenses related to damages resulting from the severe weather that battered the state on November 16. If …

Mississippi Governor Cited for Handling of Hurricane Katrina

Governor Haley Barbour has been named the nation’s most outstanding governor and a 2006 Public Official of the Year in recognition of his resourcefulness and cool-headed leadership in the face of Hurricane Katrina. The award was given by Governing magazine, …

Mississippi Seeks Public Comment on Homeowner Grant Program

Mississippi homeowners who did not qualify under the original multibillion-dollar grant program have another opportunity to apply for assistance to repair, rebuild or relocate under a second phase that has opened for public comment. Phase Two of the Homeowner Assistance …

Judge Slashes Pay for CEO of Ala.-based Vesta Insurance

A bankruptcy judge slashed the monthly salary of Vesta Insurance Group chief executive David Lacefield to $15,000, siding with creditors who claimed he was making too much as the company is liquidated. U.S. Bankruptcy Judge Thomas Bennet ruled that Lacefield’s …

Tenn. Report: Medical Malpractice Payments Rise

Insurers paid out about 14 percent more in Tennessee medical malpractice cases in 2005 than the year before, a state study released found. Insurers paid out $119 million in settlements last year and another $6 million for five court judgments. …

Authorities say Okla. Church Fire Was Work of Arsonist

An arsonist set a fire in October that significantly damaged a Baptist church building in Oktaha, Okla., according to officials with the state Fire Marshal’s Office. The fire on Oct. 10 caused about $200,000 worth of damage to the New …

Mail Service Resumes at Ala. Department of Insurance

Incoming mail service has resumed at the Alabama Department of Insurance, following a disruption due to a tornado that struck the main U.S. Postal Service facility in Montgomery on Nov. 15. Department officials encourage those who may have mailed items …

Crane Owners Advised to Inspect All Tower Cranes

A tower crane collapsed in Bellevue, Wash., last week, causing the crane to strike three buildings and kill one man. In light of the collapse, Washington’s Department of Labor and Industries (L&I) sent a statewide advisory urging all owners and …

Former Ind. Conseco Founder’s Home to be Sold at Auction

Conseco Inc. founder Stephen Hilbert’s sprawling French-style mansion, which has been on the market for months, will be sold at a sheriff’s auction next month. Conseco put the 23,000-square-foot home on the market in July for $20 million to help …

Legislators Adopt Market Conduct Surveillance Model

Lawmakers at the recent National Conference of Insurance Legislators (NCOIL) Annual Meeting in Napa Valley, Calif., adopted an NCOIL model act that aims to establish uniformity of market conduct oversight. The Market Conduct surveillance Model Law, adopted by the NCOIL …