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

Munich Re, Aon Securitize Japanese Earthquake Risks

Munich Re, working with Aon, has arranged a securitization for Japanese insurer Zenkyoren, the National Mutual Insurance Federation of Agricultural Cooperatives, through Muteki Ltd., an exempted company in the Cayman Islands, to transfer Japanese earthquake risks to the capital markets. …

Colorado Supreme Court: Employer Must Pay Suspended Workers’ Comp

The Colorado Supreme Court has ruled that an employer must pay temporary disability benefits to an employee although the employee had been suspended. According to Sigala vs. Atencio’s Market, Eva Sigala was injured on the job, and her employer, Atencio’s …

Passage of Time Hampers Investigation of West Virginia Mining Accident

A West Virginia official says the passage of time makes it impossible to determine what caused a fatal 2005 coal truck crash. Administrator Terry Farley said May 14 the Office of Miners’ Health, Safety and Training was hampered because it …

Tennessee Dad Raises Van Safety Awareness after Daughter’s Death

Patrick James was hours away from burying his 10-year-old daughter when he started to learn some disturbing things about her death. Lexie James was killed in July when the van she was riding in spun out of control and flipped …

Marines to Crack Down on Reckless Driving in North Carolina

Marines from Camp Lejeune, N.C. have to register their vehicles and driving records as part of a new safety order meant to reduce traffic fatalities. The new safe driving program comes in the wake of a rash of accidents. The …

Florida Hurricane Conference Presents Message of Preparedness

Preparing for hurricanes, despite two slow previous storm seasons, is key to the survival of Floridians and recovery efforts, officials said. About 2,800 people attended the 22nd Annual Governor’s Hurricane Conference on May 14, where the main message was preparedness …

Relatives of 2 Fallen South Carolina Firefighters Sue Charleston Businesses

Two more families of Charleston, S.C. firefighters killed in last year’s Sofa Super Store blaze sued the store, furniture manufacturers and other companies. The Post and Courier of Charleston reported May 14 the wrongful death lawsuits accuse the companies of …

Officials: Navy Jet Drops Bomb over Florida, Misses Target, Sparks Fire

Officials are investigating how a Navy fighter jet dropped a 500-pound laser-guided bomb a mile off target and sparked a wildfire in Florida’s Ocala National Forest. About 150 acres burned after an F/A-18 Super Hornet fighter dropped a bomb that …

Fire Causes $10 Million Damage in South Carolina Beach Community

South Carolina fire officials say a blaze has caused $10 million in damage to a high-priced private community in Georgetown County. The May 13 fire in the DeBordieu Colony destroyed one two-story beach home and damaged seven others. It took …

Update: Kentucky Teen Injured at Park Talks about her Ordeal

A Massachusetts congressman hopes a Kentucky girl whose feet were severed on an amusement park ride last year will help persuade Congress to pass legislation that would subject such rides to federal regulation. The Courier-Journal reports that 14-year-old Kaitlyn Lasitter …