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

Study Finds Economic Costs of Federal Cat Legislation Burdensome

Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 states, according to a new study released yesterday. The federal legislation would …

Ratings: MAPFRE RE, Novae, Syndicate 2007, Infrassure, Glacier Re, CLICO

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A. with a stable outlook. “The ratings reflect MAPFRE RE’s integral role within …

Texas Company Fined $149K for Health and Safety Violations

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has proposed $149,100 in fines to Texas Linen Co. Ltd. in Austin, Texas, for one willful, 43 alleged serious and one other-than-serious safety violations. Following an inspection that began …

Documents Released to Plaintiffs in Arkansas Tainted Rice Lawsuit

A judge in Arkansas has released a handful of the million-plus documents offered under seal in a lawsuit over genetically modified rice. Some Arkansas rice farmers claim they lost money after genetically altered rice grown by the Riceland Foods Inc. …

Recall Roundup

The U.S. Consumer Product Safety Commission, in cooperation with the firms named below, announced voluntary recalls of the following consumer products. Consumers should stop using recalled products immediately unless otherwise instructed. 1. Mother Hubbard’s Cupboards Recalls Cribs Due to Fall …

Montana Fire Suppression Efforts Expected to Grow

Residential development is adding to the costs of fighting wildfires in Montana, with a recent study showing that most years federal, state, tribal and county governments spend millions of dollars suppressing wildfires and protecting Montana homes in the woods. According …

Update: Tropical Storm Fay Hangs on to Status, Stays in Florida

Tropical Storm Fay continues slowly westward across the northern Florida peninsula while tropical storm warnings remain in effect throughout the region, into the panhandle and north through Georgia to the South Carolina border. At 8 a.m. EDT, Fay’s center was …

Feds Issue Final Report on Atlanta Bus Crash

The National Transportation Safety Board released final recommendations urging more clear and consistent highway signs in the wake of a March 2007 bus crash in Atlanta that killed five athletes from Ohio’s Bluffton University. The recommendations were approved in a …

Mississippi Company Fined for Fatal Workplace Accident

Officials fined a Hattiesburg, Mississippi construction company $12,700 for safety violations leading to a ditch collapse that killed a worker. Clyde Payne of the Occupational Safety and Health Administration in Jackson said Aug. 20 that L&A Contracting Co. paid the …

Survey Shows Child Seat Belt Use Improving in Kansas

A survey shows that new safety restraint mandates in Kansas have helped boost compliance among children. A study by the Kansas Department of Transportation found that 75 percent of passengers younger than 14 were protected by an appropriate safety seat …