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

Two Men Charged in Minnesota Arsons

Two Fosston men are charged with first-degree arson in a string of fires that burned buildings in northwestern Minnesota. Levi Coyer and Nick Schouviller, both 19 years old, were arrested on August 8 in Fosston. The August 3rd fires damaged …

Texas-based American National to Challenge Utah Jury Verdict

Galveston, Texas-based American National Insurance Company and its subsidiaries American National Property and Casualty Company and American National General Insurance Company plan to fight a jury verdict in a case related to the deflection of another company’s insurance agents. Utah …

School Bus Overturns on Muddy Alabama Road, 16 Students Injured

A school bus accident in Alabama’s southern Dale County sent sixteen students to hospitals with minor injuries. Dale County School Superintendent Phillip Parker said the mishap occurred Aug. 12 around 3:30 p.m. on a dirt road, near County Road 59. …

New York Flood Insurance Notification Rules Change at Month’s End

New York home insurers must begin sending annual flood notices to their clients at the end of this month, part of a rules changes that goes into effect Aug 31. The New York Insurace Department has begun sending a circular …

Lightning Strike Destroys $3 Million Florida Mansion

Firefighters battled flames for four hours after lightning struck a $3 million mansion on Florida’s east coast. Officials said lightning likely struck the chimney of the 8,000-square-foot Merritt Island home. More than 60 firefighters responded to the blaze but were …

Maryland Man Charged for String of Arsons in Baltimore

A 28-year-old Maryland is facing numerous arson charges after police connected him to a 1997 fire. The Frederick County Sheriff’s Department arrested Wayne Duncan Monday afternoon after he allegedly started four fires. He is charged with arson, attempted arson, burglary …

Florida Regulators May Reject State Farm Rate Increase

A State Farm rate increase appears in jeopardy after regulators grilled company officials for hours about a request to jack up rates in Florida by 47.1 percent. Florida’s insurance consumer advocate office told regulators that they should reject the increase …

Fire Heavily Damages Large Warehouse in Mississippi

Mississippi authorities are investigating a warehouse fire in Tupelo that took firefighters nearly three hours to control. The Aug. 11 blaze at the Dutch Oil/Victory Marketing building sent thick plumes of smoke over east Tupelo. A spokeswoman at the company’s …

Early Morning Blaze in Alabama Guts 6 Units

Six units of a Birmingham, Alabama apartment building were damaged in an early morning fire. Firefighters were summoned twice to the Cedar Tree Apartments on 18th Avenue North on Aug. 12. Birmingham Fire and Rescue personnel said the first blaze …

Ratings Roundup: Exporters, Endurance

Fitch Ratings has affirmed the insurer financial strength (IFS) rating of Exporters Insurance Company Ltd., a Bermuda-domiciled group captive insurance subsidiary of EIC Corporation Ltd. that focuses on writing credit and political risk insurance at ‘A-‘. Fitch also affirmed the …