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

North Carolina to Start Enforcing Sandbag Ban

North Carolina officials began inspecting sandbag structures used to protect beach property from coastal erosion, searching for the roughly 150 that must be removed. As part of the process, regulators will inspect all the state’s 370 known sandbag structures. Those …

South Carolina Teens Can Text and Talk while Driving

South Carolina lawmakers decided it’s OK for 15- and 16-year-olds to talk and text message on cell phones while driving. The House voted April 30 to send a measure blocking such activities back to a committee, ending its chances for …

Colorado Senate OKs Requiring Car Insurers to Offer Medical Coverage

Colorado drivers would be nudged into buying medical coverage on their car insurance policies under a proposal backed by the state Senate on April 29. Under the bill, insurance companies would have to include $5,000 in medical coverage in policies …

Class-action Suit Filed in Florida against Insurance Deadline

Property owners in Florida who had policies with the now-bankrupt Poe Financial Group did not receive sufficient notice of a June deadline to dispute claims in court, lawyers argued April 30 after filing a class-action lawsuit. The suit names Florida …

New York: Workers’ Comp Insurers Can Stop Security Fund Payments

Workers’ compensation insurers in New York can cease making payments into the state’s security fund for that coverage, now that the fund has amassed at least $74 million in assets, the Insurance Department said. By statute, the department can suspend …

Virginia Couple, Hospital Settle Birth Injury Claim for $1.35 Million

A Waynesboro couple has settled a lawsuit with the University of Virginia Medical Center in a case stemming from the September 2001 birth of their son. David and Elizabeth Morris received a $1.35 million settlement in a case involving their …

Maryland Worker Trapped on Crane Dies

Anne Arundel County (Maryland) fire officials reported that a worker who became trapped on a construction crane above a shopping center near Annapolis has died. Division Chief Michael Cox said emergency crews responded the Annapolis Towne Center construction site on …

Levee Protects Downtown But Flooding Still Severe in Fort Kent, Maine

The rain-swollen St. John River crested early Thursday, May 1, after hitting a record high, forcing residents in Fort Kent, Maine to flee to higher ground as more than 100 homes flooded. Rain and melting snow raised the St. John …

Unum Group Reverses 42% of Reviewed Disability Claims

In a forced self-review, the Chattanooga, Tenn.-based Unum Group agreed to fully or partly reverse 42 percent of previously denied disability claims and paid out $676 million in additional benefits. The Tennessee Department of Commerce and Insurance said the agreement …

S&P Revises its Outlook on Aegon and Core Subs to Negative; Affirms Ratings

Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based AEGON N.V. and its core subsidiaries to negative from stable. Concurrently S&P affirmed its ‘A+/A-1’ counterparty credit rating on AEGON N.V. and its ‘AA’ long-term counterparty credit and insurer …