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

Man Admits Arranging Maryland Arson

Federal authorities say an Owings Mills man has pleaded guilty to charges he hired someone to set fire to his home because he was behind on his mortgage payments. Forty-one-year-old Keith McMahon pleaded guilty Tuesday to an arson charge in …

Sierra Specialty Appointed Exclusive Underwriter for Topa Insurance Company’s Growers’ Service Insurance Program

Clovis, CA, July 31, 2008 – Topa Insurance Company, headquartered in Los Angeles, CA is an admitted property and casualty specialty insurer writing personal lines, commercial lines and programs. Topa has partnered with Sierra Specialty Insurance Services, Inc. an experienced …

Calif. Earthquake Authority Prepared to Handle Claims; Expects Minor Damage

Only 12 percent of California homeowners currently own earthquake insurance policies, potentially leaving millions of Californians financially unprotected in the event of a catastrophic quake. Of the 12 percent of California’s homeowners that do have earthquake coverage, the California Earthquake …

Louisiana Man Found Guilty on 8 Counts of Insurance Fraud

Arthur Copes of Baton Rouge has been found guilty on eight counts of insurance fraud, according to the Louisiana Attorney General’s Office. Judge Anthony Marabella rendered the verdict following testimony from former patients who flew in from all over the …

Lawmakers Agree on Consumer Product Safety Act

House and Senate lawmakers reached agreement on legislation to ensure that children’s toys are not contaminated with lead and phthalates, require mandatory testing of children’s products and increase funding for the Consumer Product Safety Commission. The legislation was a response …

Fire Destroys 25 Homes Near Yosemite National Park

Visitors to Yosemite National Park weighed whether to cut their vacations short as a destructive wildfire raging miles from the famed wilderness threatened thousands of homes and left evacuees stranded. Authorities said the blaze tearing through a steep, dry river …

9,443-acre California Wildfire Fully Contained

A 9,443-acre wildfire near Goleta, Calif. that has been burning all month has been fully contained. Fire officials say they’ve been able to contain the last section of the Gap fire, which was burning in a remote, difficult-to-access area about …

Survey: Private Firms More Exposed to Liability Risks, But Less Protected

More than one-third of U.S. businesses do not purchase any type of management or professional liability insurance. Yet, two out of three U.S. private companies have experienced some type of event related to management or professional liability in the past …

Arkansas Student Gets 10 Years for Burning Car

A teenager has been sentenced to 10 years in prison after pleading guilty to helping set a teacher’s Volkswagen Beetle on fire. A judge sentenced 18-year-old Shawn Perkins to the prison term after Perkins pleaded guilty Friday to being an …

Insurance to Decide Whether Washington Plant will Rebuild

Wild River Foods is waiting for a decision on insurance coverage before deciding whether to rebuild the potato processing plant in Grandview, Wash. gutted by a July 1 fire. The plant owned by Ochoa Ag Unlimited Foods of Boise produced …