Monthly Archives: <span>May 2007</span>

Report Claims N.J. Homes at Risk Due to Outdated Flood Maps

Outdated maps that don’t take into account years of development are leaving many northern New Jersey residents and builders unaware of actual flooding risks, experts say. Some of the maps of towns along the Ramapo, Pompton and Pequannock rivers date …

Mass. Debates Overhauling Fire Code to Address Chemical Risks

State lawmakers are considering an overhaul of Massachusetts’ fire code after the explosion at a chemical plant in Danvers damaged hundreds of nearby homes. The bill, filed by state Rep. Theodore Speliotis, D-Danvers, aims to make it easier for local …

U.S. Supreme Court Upholds 180-Day Period for Pay Bias Claims

The U.S. Supreme Court has handed employers a victory against pay discrimination suits by limiting how far back in time employees can go to prove their bias claims. In Ledbetter v. Goodyear Tire & Rubber Co., the high court ruled …

Expert Says Workers Could Be Exposed to Asbestos in Greensburg Clean-up

A Kansas asbestos expert says he is so sure that residents and volunteers who are wading through what’s left of Greensburg, Kan., are being exposed to the carcinogen that he’s willing to wager his reputation on it. “I don’t like …

S&P Sees Japan P/C Sector as ‘Stable’

Standard & Poor’s Ratings Services latest report on the Japanese non-life industry concludes that, despite large payouts the sector remains relatively stable. However, 2006 was not a particularly good year. S&P indicated that Japan’s “top nine non-life insurers recorded net …

Best Issues Special Bermuda Report

A.M Best Co. has issued a special report on the Bermuda insurance market, which, among other analyses, compares the disastrous 2005 hurricane season with the startlingly benign one in 2006. Between the two Best notes that the “Bermuda market reported …

CSFI Report Finds Regulatory Burdens Top List of Industry Concerns

“Too much regulation” tops the list of industry concerns according to a recent survey compiled by the Centre for the Study of Financial Innovation (CSFI) in association with PricewaterhouseCoopers LLP. The “Banana Skins” survey has analyzed the banking industry’s main …

Farm Bureaus Begin Process of Rebuilding in Greensburg, Kan.

Farm Bureau Mutual Insurance Co., Kansas Farm Bureau and Kiowa County Farm Bureau are teaming together to rebuild the office they share in Greensburg. Ground was broken today for a new building that will include extra space the Kiowa County …

Earthquake Rumbles Southeast Okla.

A small earthquake and two aftershocks rumbled parts of Pittsburg County, Okla., on Sunday, May 27, the Oklahoma Geological Survey reported. The earthquake happened about 4 p.m. and measured 3.2 on the Richter scale, said Jim Lawson, chief geophysicist at …

Author of Tenn. Malpractice Bill Now Relieved It Didn’t Pass

A Tennessee state representative who helped shepherd a bipartisan effort to limit frivolous medical malpractice lawsuits said he was glad the measure did not pass. House Judiciary Committee Chairman Rob Briley, D-Nashville, said supporters of the medical malpractice bill exaggerated …