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

Mo. Governor Requests Federal Aid for 18 Southern Counties

Gov. Matt Blunt asked for federal money to reimburse local governments in southern Missouri affected by a February winter storm. Damage assessment teams attributed almost $14 million in infrastructure damage in 18 counties to icy weather Feb. 10-14. If approved …

Gulf Coast Recovery Chief Steps Down

The federal official in charge of rebuilding the Gulf Coast after the 2005 hurricanes said he has submitted his resignation because he wants to return to Texas to get back into banking. Donald Powell, former chairman of the Federal Deposit …

Report: Two Oklahoma Cities Among 35 Safest in Nation

Two Oklahoma cities rate among the 35 safest in the nation, according rankings based on the FBI’s uniform crime report. Broken Arrow was listed as the 22nd-safest city in the country and Edmond ranked as 35th safest out of 378 …

Madagascar Counts the Costs of Cyclone Ivan

Amandine Mamena stands among the ruins of her house. Nothing but the foundations remain. Mamena, 36, lost everything when Cyclone Ivan slammed into the east coast of Madagascar. The cyclone hit Feb. 17 carrying winds of up to 140 mph …

N.J. Bill Would Require Liability Insurance for Boats

New Jersey boat-owners would need to carry a minimum level of liability insurance on their watercraft under a bill introduced in state’s Assembly. The bill, called the “Donald W. McGloan Law,” would require boaters to have liability coverage that insures …

Iowa Man’s Age Discrimination Lawsuit Nears Trial

A Mount Vernon man’s age discrimination lawsuit against Bankers Life and Casualty Co. and his former boss is scheduled to go to trial next month. Doug Smith alleges in his lawsuit filed in October 2005 in U.S. District Court for …

Conn. Woman Pleads No Contest to Attempted Insurance Fraud

The wife of a former truck owner whose truck was involved in a fatal crash on Connecticut’s Avon Mountain nearly three years ago has pleaded no contest to attempted insurance fraud. Donna Wilcox faced a trial that was to start …

U.N. Official Urges EU to Aid Developing Nations on Climate

The European Union should speedily work out ways to help developing nations fight global warming to avert a “Catch 22” impasse that could brake action worldwide, the U.N.’s top climate change official said on Monday. “This is a priority that …

RMS Ups UK Quake Loss Estimates: $30 to $60 Million

Risk Management Solutions has given updated estimates of the likely insured losses caused by the earthquake that struck Market Rasen in Lincolnshire in Northeast England on Thursday (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/28/87725.htm). RMS said the quake “is likely to …

Miss. Senate Approves $25 Million for Wind Pool to Help Gulf Coast

Freshman Sen. Michael Watson knows the sting of rising insurance costs on the hurricane-battered Mississippi Gulf Coast. Watson said after Hurricane Katrina struck more than two years ago, he lost his home’s wind insurance with Farm Bureau so he joined …