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

Lloyd’s Insurers Consider Coverage for Commercial Space Flights

A bulletin on the Lloyd’s web site (www.lloyds.com) notes that the State of New Mexico and Virgin Galactic recently announced plans to construct a “multi-million pound spaceport.” As a result Lloyd’s brokers and underwriters have indicated that “there is capacity …

Munich Re 2007 Nat Cat Report Warns of ‘Rising Trend’

Munich Re’s loss figures for 2007 from natural catastrophes concludes that “despite the general absence of extreme events, overall economic losses had reached $75 billion by the end of December – an increase of 50 percent on 2006 ($50 billion).” …

Security Experts Tackle Safety at College Stadiums

After more than a decade in counterterrorism, Jim McGee can no longer relax and enjoy watching a sports event. The fans look like potential victims of terrorism to the former FBI agent turned college instructor. The players are possible targets …

Virginia Nears Third Year without a Mine Death

With the end of 2007 days away, Virginia is nearing a third consecutive year without a coal mining death. Virginia, ranked No. 10 in the nation in coal production, saw its last coal mining fatality on Oct. 23, 2004. Mike …

Conn. Insurance Chief Seeks ‘Mints on Pillow’ Treatment for Public

Connecticut consumers dealing with the state’s insurance regulatory agency should be left feeling they were given “mints on their pillow,” according to the no-nonsense man in charge. Insurance Commissioner Thomas R. Sullivan said he is conducting a thorough review of …

Oklahoman Traffic Deaths Declining

The number of people killed in traffic accidents in Oklahoma this year remains below 2006 numbers. The state Department of Public Safety says 703 people have died in auto this year. That’s down by 39 from the 742 fatalities at …

Salmonella Fear Prompts Recall of Mexico-Grown Basil

Some 5,500 pounds of basil grown in Mexico and sold in the United States has been recalled because of fears it may be infected with salmonella, a spokesman for the importer said Thursday. The basil was imported from a farm …

General Motors Recalling 313,000 Vehicles to Fix Fluid Leak in U.S.

General Motors Corp. said Friday it was recalling about 313,000 passenger cars and crossover vehicles to fix a fluid leak that could lead to the driver losing control of the vehicle. The recall involves 275,936 vehicles in the United States, …

Judge Orders W. Va. Malpractice Claims to Proceed Amid Bankruptcy

Eight lawsuits alleging medical malpractice by a former West Virginia doctor can continue toward trial while he settles his debts in bankruptcy court, a judge has ordered. Dr. John A. King consented to the rulings issued Wednesday by U.S. Bankruptcy …

California Workers’ Comp Insurer Promotes Two

California’s State Compensation Insurance Fund has appointed Chris Reyes regional assistant real estate manager for Central Valley operations, and Yvette Montano-Anda claims manager for Los Angeles Claims Services. Reyes joined the organization’s San Francisco District Office in 1991 when he …