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

Restoration Workers from Ground Zero Sue for Unpaid Overtime

Workers who cleaned buildings of World Trade Center debris around ground zero after Sept. 11 sued several companies they say underpaid them while making millions in profits. Nine of the workers filed a suit seeking class-action status against a dozen …

Business Cheers as S.C. Adopts Objective Standards for Workers’ Comp

Gov. Mark Sanford today was joined by business groups from across South Carolina when he signed an executive order mandating that the Workers’ Compensation Commission apply objective standards when making workers’ compensation awards. The South Carolina Supreme Court has held …

Losses from Typhoon Wipha Unlikely to Exceed $250 Million

Catastrophe risk modeling company AIR Worldwide Corp. estimates insured losses from both wind and precipitation-induced flooding from Typhoon Wipha are unlikely to exceed $250 million The estimate covers insured losses to property and contents for onshore properties. Typhoon Wipha struck …

Mass. Warned About Coastal Development and Insurance

A major hurricane making landfall in Massachusetts could cause billions of dollars worth of property damage while also severely straining the resources of the state’s residual homeowners’ insurance market, the FAIR (Fair Access to Insurance Requirements) Plan, according to the …

Dole Recalls Salad Mix in Latest E. Coli Scare

A package of Dole salad mix that tested positive for E. coli has triggered a recall in at least nine states, prompting new produce fears almost exactly a year after a nationwide spinach scare. The tainted bag of Dole’s Hearts …

SoCal Wildfires Near Containment, Ahead of Windy Forecast

Fire crews were bracing for strong winds as they sought to finish surrounding a wildfire that forced hundreds of people to flee this mountaintop community in the San Bernardino National Forest, authorities said. Winds in the area were light early …

Hells Angel To Pay Progressive, Others $55,000

Richard “Smilin’ Rick” Fabel, who presided over the Spokane, Wash., chapter of the Hells Angels motorcycle gang, has been sentenced to 71/2 years in prison after being convicted of racketeering, and ordered to pay $55,000 in restitution, mostly to Progressive …

Idaho Reduces Workers’ Comp Rates An Average of 3.7%

Idaho Department of Insurance Director Bill Deal announced that the state’s workers’ compensation premium rates will be reduced by an average of 3.7 percent for 2008. “This decrease points out the stability of workers’ compensation coverage in Idaho,” Deal said. …

Mo. Governor Pushes for New Health Plan for Lower-income Families

Mo. Gov. Matt Blunt said the number of uninsured Missourians could be reduced by nearly one-third under a plan he outlined this week to provide government-subsidized health care to lower-income families. The Republican, speaking at a St. Louis health center, …

House Approves Terrorism Insurance Backstop Extension

The House of Representative approved by a vote 312-110 H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA), legislation that extends and revises the federal terrorism insurance backstop for 15 years. The current federal terrorism insurance …