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

Valiant Adds Three Executives

New York-based specialty insurer Valiant Insurance Group has added three new executives to its management team. Scott J. Bayer joins as senior vice president and head of Valiant’s casualty division. Lori Marino joins as senior vice president and head of …

Texas March Enforcement Actions Result in $130K in Fines, Restitution

Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during March include five license revocations, four license denials, and fines and restitution totaling $130,400. Copies of Geeslin’s orders may be obtained by contacting TDI’s Public Information Office. …

Virginia Gov. Kaine Declares Emergency After 3 Tornadoes Strike

Governor Timothy M. Kaine declared a state of emergency in Virginia, directing state agencies to take all necessary actions to aid in the response to widespread damage from yesterday’s violent weather in the southeastern part of the state. Strong winds …

Industrial Accident in Tennessee Claims Life at Construction Site

Tennessee officials say a construction worker fell to his death at an Embassy Suites construction site in Murfreesboro. Rutherford County Emergency Medical Services spokesman Randy White says the incident happened around noon on April 26, and has been deemed an …

Kentucky Residents Recovering from Tornadoes Unhappy with Feds

Allen County, Ky. Judge-Executive Bobby Young has a simple description of the Federal Emergency Management Agency. “FEMA is a joke,” Young said. That sentiment – and variations on it – can be heard commonly among southern Kentucky residents seeking to …

Maryland Car Dealership Fire Causes $3M in Damage

Fire investigators say a blaze at a car dealership in Prince Frederick, Maryland did $3 million worth of damage. In addition to the main showroom at Bayside Automotive, five vehicles belonging to the dealership and to customers sustained damage. Deputy …

West Virginia Lawmaker Says State Should Pay Firefighters’ Workers’ Comp

With the prospect of rising insurance premiums, some of West Virginia’s 424 volunteer fire departments say they’re worried about staying in the black. That’s why Delegate Margaret Staggers, D-Fayette, wants the state to pick up the costs of the departments’ …

9 Catastrophes to Cost P/C Insurers $3 Billion in 1st Quarter

U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …

Va. Tech Research: Inexpensive Roof Vent Could Prevent Wind Damage

Hurricanes often lift the roofs off buildings and expose them to havoc and damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering, and a graduate student have …

Flood Watches Posted for Most of N.H.

Rain moving into New Hampshire is dampening the fire danger but raising the threat of flooding. The National Weather Service has posted flood watches through Wednesday morning all counties except Hillsborough and Cheshire. One to three inches of rain is …