Monthly Archives: <span>January 2008</span>

Mass. Bill to Ban Texting While Driving Includes Insurance Surcharges

The Massachusetts House has approved a bill banning drivers from talking or texting on cell phones while behind the wheel, despite opposition from a lawmaker from a city where authorities say a man sending a message struck and killed a …

N.H. Debates $100 Fine for Text-Messaging While Driving

New Hampshire is debating making it illegal for drivers to send text messages on cell phones or type on laptop computers. You still could talk on a cell phone while driving. Assistant Safety Commissioner Earl Sweeney told a House committee …

Heathrow Crash Won’t Raise Aviation Rates Says Lloyd’s

The recent “incident” at London’s Heathrow Airport (a British Airways Boeing 777 lost power just before landing and nearly crashed injuring several passengers) is not going to cause any significant rise in aviation premiums. According to a bulletin on the …

Earth’s Climate ‘Clearly Out of Balance’ Reports American Geophysical Union

A newly released statement by the world’s largest scientific society of Earth and space scientists – the American Geophysical Union (AGU) – warns that “the Earth’s climate is now clearly out of balance and is warming.” The statement updates the …

Corvallis Earns Farmers’ Secure City Award

Corvallis, Ore., has been named the “Number One Most Secure Place to Live in the U.S.,” according to a 2007 survey released by Farmers Insurance Group. The survey, divided into three groups, found that Corvallis ranked number one in the …

Hawaii Gov. Pushes Insurance Reforms

In her State of the State address to state legislators this week, Hawaii Gov. Linda Lingle outlined 180 proposals she is urging lawmakers to support, including a number of measures that would affect the insurance industry and policyholders. Lingle’s proposals …

Former Cadet Sues Police Academy for Injuries in “Fight Room”

A former police cadet is suing Oakland Community College for injuries she says came from hand-to-hand combat during her final exam. The Detroit News reports that Jennifer Kunz claims she suffers severe headaches and memory loss after being hit in …

Wis. Proposal Would Expand Malpractice Suits to Parents of Adults

A bill passed by the Wisconsin Senate would give parents of adult children who die as a result of medical malpractice the ability to file lawsuits. Right now, parents of adult children in Wisconsin can’t sue for malpractice deaths. Adult …

Investment Corp. Shares Plunge After it Says Claims Could Reach $2B in 2008

Shares of MGIC Investment Corp. plummeted more than 30 percent, striking a 15-year low, after the nation’s largest mortgage insurance company said paid losses could reach $2 billion this year. The Milwaukee-based company had said payouts could be as high …

Calif. Lawmaker Seeks to Ban Some Risky Mortgages

A California legislator on Wednesday introduced a lending-regulation bill that seeks to mandate the obvious — that people who want to buy a home can actually afford the mortgage, property taxes and insurance. The prevalence of exotic mortgages that put …