December 21, 2007
Gov. Charlie Crist said Wednesday he wants three trial lawyers to review documents for a possible class-action lawsuit against property insurers, alleging that the industry hasn’t passed on savings to consumers as required by a new Florida law. Crist asked …
December 21, 2007
Nearly two years after a conveyor belt fire killed two miners in Logan County, W. Va., a congressionally mandated study recommends that fireproof conveyor belts be standard in the nation’s coal mines. The study says the tougher standard would significantly …
December 21, 2007
One of the women set on fire during the robbery of an insurance office in Lake Wales, Fla., last week has died, authorities said. The death of 26-year-old Yvonne Bustamante at an Orlando hospital Tuesday night brings to four the …
December 21, 2007
Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend was based largely on its overall loss ratio. Group dividends are separate from …
December 20, 2007
The owner of an Oxford, Mass. nightclub was indicted on charges she tried to set it on fire after losing her liquor license. At her arraignment, 46-year-old Roxanne Troy plead not guilty in U.S. District Court in Worcester on charges …
December 20, 2007
An explosion and fire at a chemical plant in Jacksonville, Fla., killed four people Wednesday and injured at least 14, fire officials said. Fire officials initially ordered a precautionary evacuation within a half-mile of the plant. But the order was …
December 20, 2007
Massachusetts Attorney General Martha Coakley has assessed penalties of more than $190,000 against FedEx Ground Package System, Inc. for what her office claims is an intentional misclassification of 13 drivers as independent contractors rather than as employees. The attorney general’s …
December 20, 2007
The airline insurance market this year is expected to post its first loss since 2000, according to preliminary data collected by the Aviation & Aerospace division of Aon Corporation. Aon reported that forecasts suggest the total hull and liability premium …
December 20, 2007
New figures show about $2.3 million in damages from last week’s ice storm in southeast Nebraska. It’s more than double the figure released last week, which didn’t include damage in Falls City, the area hardest hit by the storm that …
December 20, 2007
Allstate Corp. said Tuesday October’s California wildfires plus other disasters have hiked the insurance company’s fourth-quarter catastrophe losses by about $100 million. Allstate said it received more than 7,000 claims from the Southern California wildfires, resulting in approximately $315 million …