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

Ark., Okla., Texas Hammered with Storms; Damage Estimates Mount

An insurance industry trade organization estimates that preliminary damage from an April 8 Oklahoma hail storm has risen to $15 million and cautioned losses could increase significantly. Meanwhile, Northern Texas, Oklahoma and Arkansas continued to be hammered with violent storms …

La. AG Drops Predecessor’s Case Against Biotech Company

Louisiana’s attorney general has withdrawn a multimillion-dollar antitrust lawsuit his predecessor filed on his final day in office against drug-maker Amgen Inc. Former Attorney General Charles Foti hired several private lawyers who had contributed to his failed re-election campaign to …

Agencies Test Disaster Readiness in New Orleans

With hurricane season approaching, military, state and local agencies tested their emergency readiness and found what one official described as a need to keep practicing to ensure a higher level of comfort with the equipment. While it wasn’t the first …

Report: Magnitude 6 Quake Would be Deadly in Salt Lake City

A new report says an earthquake like the one that hit Wells, Nev., two months ago would have catastrophic effects if it were centered in Salt Lake City. The Federal Emergency Management Agency says a quake with a magnitude of …

Marine Awarded $3.5 Million in Damages from Military Insurer

A Marine captain who is on his third tour in Iraq was awarded $3.5 million in punitive damages from a servicemembers’ insurance company for water damage to his house. Capt. John Colombero already won $50,000 in damages for emotional distress …

Expanded Flood Maps Anger New Jersey Homeowners

Federal Emergency Management Administration officials have unleashed a torrent of complaints over new flood-zone maps in Monmouth County’s Bayshore region. The proposed maps show nearly 4,400 more homes at risk in Keansburg, Middletown, Hazlet and Union Beach. Residents questioned FEMA …

Plaintiffs Say They’ve Settled NYC Apartment Smoking Suit

The plaintiffs say they have settled a lawsuit accusing a chain-smoking neighbor of making their famous Manhattan apartment building smell like a casino. Jonathan and Jenny Needleman Selbin said Monday that neighbor Galila Huff has agreed to use smokeless ashtrays …

Court Moves up Allstate Deadline for Meeting Florida’s Terms

Allstate’s companies doing business in Florida will have to stop writing new policies after April 14 if the insurance giant fails to apply for a rehearing by then, state officials said Tuesday. Allstate spokesman Adam Shores said the company would …

Mississippi: Insurer Wants Sisters to Pay for Providing Katrina Claims Records to Scruggs

State Farm Fire and Casualty Co. wants a federal judge to sanction two sisters who secretly copied Hurricane Katrina claims documents and gave them to a Mississippi lawyer whose clients were suing the company. Cori and Kerri Rigsby copied thousands …

Report: Obesity Costing Firms $45B a Year in Work Loss, Medical Costs

The rate of obesity in the United States has doubled in the last 30 years, and those extra pounds weigh on companies’ bottom lines, according to a new report from The Conference Board. Today, 34 percent of American adults fit …