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

Heavy Rains Flood Central Vermont

Torrential rains pelted central Vermont on Wednesday, triggering flash flooding that washed out roads and inundated the city of Barre, where water ran up to 6 feet deep for a time. Between 3 and 4 inches fell in the area …

Ratings Recap; OIL; Talanx; HDI; Trust; AUGI; Fuji Fire, Pioneer (NZ)

Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) and removed them from CreditWatch with negative implications, where they were placed on April 23, 2007. The outlook is negative. …

S&P Raises Allianz Ratings to ‘AA’

Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating entities to ‘AA’ from ‘AA-‘. S&P added that as a consequence of the upgrade on …

Half Million More Taxpayers Info on Stolen Computer Device in Ohio

The names and Social Security numbers of a half million more taxpayers were on a computer storage device stolen from a state intern last month, more than tripling the number previously reported, Gov. Ted Strickland said this week. Information on …

Reports of Strontium-90 Presence Prompt EPA Probe in N.C.

The Environmental Protection Agency is investigating whether cancer-causing radioactive material was buried in the 1980s near a rifle range at Camp Lejeune, N.C., the Marine Corps’ primary base on the Atlantic Ocean. A recently recovered Navy document dated 1981 said …

National Study Outlines how Climate Change Could Hurt Smokies

Climate change caused by manmade pollutants could have a devastating impact on the country’s national parks, a park advocacy group said Wednesday in a report highlighting the potential damage to Tennessee’s and North Carolina’s Great Smoky Mountains. The report, “Unnatural …

W. Va.: FiberNet Deals with Blackout to 20,000, Including First Responders

Phone and Internet provider FiberNet expected service to be restored to most of its customers Wednesday following a blackout that affected up to 20,000 homes, businesses and emergency providers across West Virginia. Employees of the Charleston-based fiber-optic company have been …

Potentially Flammable Air Filter Prompts Nissan to Recall 140,000 Altimas

Nissan is recalling more than 140,000 of its popular Altima sedans to replace air filters that could catch fire, company officials said. The voluntary recall affects 2007 Altimas with four-cylinder, 2.5-liter engines produced between September 2006 and May 2007 at …

Hawaii Governor Vetoes Workers’ Comp Bills

The Hawaii Legislature has failed to override Gov. Linda Lingle’s vetoes of two workers’ compensation bills. A two-thirds majority vote was required in both the House and Senate to override the vetoes. Both bills failed the receive the required votes …

WIAA Announces New Board

The Western Insurance Agents Association (WIAA), an agent/broker associations in the West, has announced a new slate of board members and officers for the 2007-2008 term. The previous term’s Chairman-elect, Kathy McDonald of Henderson, Nev.-based Watkin Insurance Group, is assuming …