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

Magnitude 6.0 Earthquake Strikes Northeastern Nevada

A strong earthquake struck near the northeastern Nevada town of Wells, causing major structural damage to some older masonry buildings, igniting small fires and bursting windows in homes and businesses. According to reports, the shock was felt in 225 different …

900 Hay Bales Burn in Blaze in Iowa

An overheated skid loader is being blamed for starting a fire that destroyed a farm shed and 900 bales of hay, officials said. Firefighters from four area communities responded to the blaze. When they arrived, smoke was billowing from the …

Men Plead Not Guilty to Burning Home of ‘Mary’ from ‘Little Lamb’

Two men have pleaded not guilty to setting two fires last August, including one that burned the birthplace of the woman made famous in the nursery rhyme “Mary Had a Little Lamb.” John Rousseau and Michael Dreslinski of Clinton were …

N.M. Tribe Sues Regulator Over Leavitt’s Corp. Status Reinstatement

The Mescalero Apache Tribe in Santa Fe, N.M., contends it overpaid millions of dollars for insurance, alleging the state let an insurance agent operate after the agent was accused of submitting fraudulent documents to sell policies. The tribe has sued …

Flood Map Changes Worry Sacramento Officials, Builders

The Federal Emergency Management Agency’s plans to designate Sacramento’s fast-growing Natomas sector, north of the Sacramento and American rivers, as a Special Flood Hazard Area AE Zone in December is stirring up widespread concern that the new requirements could amount …

RMS and ImageCat Report on Costly 2007 Wildfire Season

Risk Management Solutions (RMS) and ImageCat, Inc., issued a joint research report Wednesday on the 2007 U.S. wildfire season. With a potential $2.5 billion in insured losses in California alone, last year ranks as one of the costliest wildfire seasons …

Arrowhead’s Rohde to Retire

San Diego, Calif.-based Arrowhead General Insurance Agency Inc. announced that Richard S. Rohde, president of Arrowhead’s commercial auto, specialty contractors and surety programs, is retiring from the company effective June 30, 2008. The company had previously appointed Bill Trzos as …

West Virginia: Kanawha County Man Pleads Guilty To Insurance Fraud

A Kanawha County, W. Va., man, who was indicted on a felony count of submitting a fraudulent insurance claim to an insurance company pleaded guilty to a reduced charge of one misdemeanor count of insurance fraud, according to W. Va. …

Survey: Industry CEOs Overlook Potential of Technology

A new survey by New York research firm found that property casualty insurer CEOs tend to focus more on the benefits of using technology to enhance distribution and service of their products, but have shortchanged how technology could improve undervalue …

Seattle Court Rules Failure to Disclose Pollution Incidents Voids Vessel Policy

The U.S. Ninth Circuit Court of Appeals in Seattle has upheld an Alaskan district court ruling that a primary insurance carrier can cancel a marine vessel’s pollution insurance policy on the basis that the insured failed to disclose the vessel’s …