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

Mississippi College Gets OK for Post-Katrina Projects

The Mississippi College Board gave the University of Southern Mississippi approval to spend $27.5 million to rebuild its Gulf Coast campuses devastated by Hurricane Katrina three years ago. The money will be a combination of insurance proceeds and federal reimbursements. …

$6.6 Million Settlement Proposed in Mass. Chemical Explosion

The co-owners of a Danvers, Massachusetts, paint factory that exploded and caused extensive damage to the surrounding neighborhood have proposed a $6.6 million settlement. According to a settlement proposal, factory co-owners CAI Inc. of Georgetown and Arnel Co. of Danvers …

Pittsburgh Company Probing Whether Death Tied to Recall

A company that ordered a recall of kerosene that may be contaminated with gasoline is looking into whether its fuel caused a fire that killed an Amish woman in June. Pittsburgh Terminals Corp., a Coraopolis company that stores heating oil …

New York Freezes Malpractice Insurance Rates

Gov. David Paterson is freezing medical malpractice insurance rates for a year as he seeks a broader solution to high business costs doctors claim are driving them out of New York. The freeze heads off a scheduled surcharge due in …

Texas Work Related Death Toll Rose in 2007

Bucking the national trend toward lower work related deaths, Texas work related fatalities rose to 527 in 2007, an 8 percent increase over 2006, according to the Texas Department of Insurance. The state also saw a 56 percent increase in …

Train Catches Fire After Derailment in Oklahoma

A train derailment in central Oklahoma on Aug. 22 sent fireballs into the sky but caused no injuries. Eight cars on the 110-car Burlington Northern Santa Fe train derailed, seven of which were carrying either crude oil or ethanol, company …

Update: Largest Florida Insurers Report Homeowners, Auto and Flood Claims

Insurers continue to tally claims from Tropical Storm Fay after its fourth landfall occurred on the Panhandle. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s highest volume insurers. As of 8:30 …

Florida Officials Say Fay’s Toll up to 10 People

Florida authorities say two more people have been killed by Tropical Storm Fay, raising the storm’s death toll to 10. Florida Law Enforcement Commissioner Gerald Bailey and Gov. Charlie Crist updated the storm’s toll in a Saturday morning news conference …

Florida Homeowners and Auto Owners File Fay Claims

The claims are piling up in Florida as Tropical Storm Fay is knocking on the Panhandle’s door. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s highest volume insurers. As of 8 …

Firm Sues Iowa City Challenging Decision on Flood-damaged Buildings

A Florida company has filed a lawsuit against Cedar Rapids, Iowa challenging the city’s decision to reject its bid to demolish flood-damaged buildings. Bunnell, Fla.-based Bamaco Inc., filed its lawsuit on August 19 in Linn County District Court. The company …