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

Drought Leads Tenn. Gov. to Ask for Disaster Declaration

Crop and livestock losses in Tennessee caused by this year’s drought has prompted the governor to ask for federal emergency farm relief for the second time this year. The U.S. Department of Agriculture has already approved assistance for Tennessee farmers …

County Officials in Miss. Facing Higher Costs to Remove Asbestos

The removal of asbestos from the Lafayette County, Miss., Courthouse is going to cost more than original $60,000 set aside for the work, local supervisors have been told. “There was about 700-800 feet of floor tile where the asbestos was …

S.D. Arsonist to Pay $76,000 Back to Insurance Company

A South Dakota judge has ordered a man who set fire to a Rapid City home last fall to pay thousands of dollars in restitution to an insurance company. Dustin Bomford, 19, pleaded guilty to second-degree arson and was given …

Tenn. Supreme Court Rules Marijuana Not a Factor in Worker’s Injury

The Tennessee Supreme Court has ruled that a worker whose hand was crushed by machinery at his workplace was not to blame for the accident despite his admitted marijuana use off the job. Billy McIntosh was injured in 2004 while …

Vermont Firm Contests Fine for Alleged Failure to Fix Safety Problems

A Fair Haven, Vermont slate company is appealing a $45,000 penalty issued by the state over safety violations that regulators say still weren’t addressed five months after being cited. Shawn Camara, owner of Camara Slate Products Inc., said last week …

Former Agent Convicted in N.Y. City Murder-for-Life-Insurance Plot

The cluster of claims made an insurance company suspicious. Not only was there an unusual number of claims filed on life insurance policies traced to a single New York City life insurance agent, but also an uncommon number of those …

The American Contractors Agency Offers a Unique Service to Qualified Insurance Professionals.

Since 1993, The American Contractors Agency (ACA) has been providing specialty services, products and benefits to professional contractors. Our commitment as an exclusive “Resource Center” to professional contractors, has proven to be of exceptional value to thousands of contractors. With …

Study Links Executive Stock Options to Higher Financial Fraud

Management incentives consisting mainly of stock options strongly increase the likelihood of financial misrepresentation, according to a new study in a publication of the Institute for Operations Research and the Management Sciences (INFORMS). According to the authors, their results demonstrate …

Fla. CFO Halts Disposal of Consumer Complaint Records

A Florida agency has stopped disposing of records related to consumer disputes with insurance companies after lawyers and open records advocates decried the loss of a wealth of information that could be used to hold the industry accountable. The Florida …

Delaware River Town Finally Back in Business A Year After Flood

A year after a flood heavily damaged the borough of Portland, Pa., the last of the downtown businesses reopened. Duane Smith, the owner of the Portland Market, reopened his business last Friday. Smith said it took so long to reopen …