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

Weather Officials Confirm Tornado Touched Down in South Carolina

The National Weather Service confirmed a tornado touched down in Bamberg County on May 20. Forecasters say the twister had winds up to 90 mph and moved from just north of Olar to near Ehrhardt in the late afternoon. The …

100s of Georgia Homeowners Begin Clean-up, Gov. Declares Disaster

Cherokee County, Georgia began cleaning up from a tornado and hailstorm that damaged hundreds of homes in the county, and Gov. Sonny Perdue declared a state of emergency to allow state resources to be used in the cleanup. State Insurance …

Fire in Florida’s Lake County Forces Evacuation of Dozens of Homes

Florida firefighters in Lake County are battling a blaze that has scorched over 1,000 acres of dry forests and marshlands. Dozens of homes in the Deerhaven area north of Orlando were forced to evacuate. There are no injuries reported and …

FDA Unveils Plan to Track Safety of Drugs, Medical Devices

U.S. health officials Thursday announced plans for a new computer tracking system designed to help them identify dangers from prescription drugs and medical devices already on the market. The system would enable the Food and Drug Administration to search various …

PartnerRe to Issue $250 Million Senior Notes; Ratings in the ‘A’ Range

Bermuda-based PartnerRe Ltd. has announced that it intends to issue, through its indirectly wholly-owned subsidiary PartnerRe Finance A LLC, $250 million of 10-year fixed rate 6.875 percent Senior Notes, pursuant to its currently effective shelf registration statement. PartnerRe Ltd. will …

UK’s Co-Operative Insurance Launches ‘Sexy Green Car Show’

The UK’s Co-operative Insurance has launched an ecologically friendly exposition, dubbed the “Sexy Green Car Show at the Eden Project in Cornwall. The Show is now in its second year with more vehicles on display. They will be “testing their …

FBI Says Fighting Financial Crimes a Priority; Insurance Cases Top 200

The Federal Bureau of Investigation pursued 529 financial crime cases in its most recent fiscal year, including 209 insurance fraud cases. During it fiscal year 2007, the 209 insurance fraud cases investigated by the FBI resulted in 39 indictments and …

2004 Reforms Slow Tennessee Workers’ Comp Costs, Study Finds

Tennessee experienced a moderation in average workers’ compensation costs per claim among 14 study states, after two consecutive years of rapid cost growth and in the wake of reforms enacted in 2004, according to a Workers Compensation Research Institute study. …

How to Locate Car Insurance Leads

To most people, driving a car is something that they take for granted. Additionally, the same thing holds true with their car insurance policy. On the other side of things, car insurance agents are not nearly as laid back when …

Tornado Strikes Northern Colorado

A large tornado struck Northern Colorado on May 22, 2008, striking several areas in the town of Windsor, which is about 80 miles north of Denver. Initial reports indicate one person was killed, but there were no official figures on …