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

Tennessee Nuclear Weapons Plant Responds to Rubber Shop Fire

Authorities were searching for the cause of a fire in a shop at the Y-12 nuclear weapons plant in Oak Ridge, Tennessee that forced the evacuation of 95 workers, but caused no injuries. A National Nuclear Security Administration spokesman said …

Fire in Central Kentucky Burns Apartment, Injures Man

A central Kentucky man was seriously burned in an explosion and fire that officials believe was started when a methamphetamine lab blew up. The University of Louisville Hospital reported the 45-year-old victim in serious condition on Aug. 4. The News-Enterprise …

Ohio Businesses File Suit on Workers’ Comp Rate-Setting System

Ohio businesses concerned about the cost of state workers’ compensation insurance for injured workers are trying to force a change in the way premiums are set for employers. A lawsuit filed in December was heard in court on Aug. 5 …

Authorities Say Arson Caused Fire at South Carolina Courthouse

A fire gutted Lancaster County’s historic courthouse Monday, and South Carolina officials said arson caused the blaze that ripped through the building designed by the creator of the Washington Monument. No one was injured in the early morning fire, officials …

HUD Releases $85 Million to Iowa for Disaster Relief

The U.S. Department of Housing and Urban Development has released $85 million to help Iowa recover from record flooding. The agency and the offices of congressmen Dave Loebsack, Leonard Boswell and Bruce Braley announced Monday that the money would be …

Best Makes Results of Car-Insurance Buyer Survey Available

In a new service A.M. Best is providing consumers with a way to learn which companies scored highest in consumer satisfaction among new car insurance buyers. All an interested party has to do is visit a new multi-media feature available …

Best Puts Tower Group ‘Under Review with Negative Implications’

A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer ratings (ICR) of “a-” of Tower Group Companies and its members, Tower Insurance Company of New York and Tower National Insurance Company (TNIC) under review …

3 Dead as Tornado Hits France

A fierce but short-lived tornado has left at least three people dead in northern France. Inhabitants of four regions are assessing the damage after the tornado collapsed some homes and uprooted trees along its path. The tornado swept through the …

Montana State Auditor’s Office Launches Driver’s Ed/Insurance Classroom Training

Montana State Auditor John Morrison’s office has launched a new auto insurance training program for teen drivers. The program, called “The Road to Understanding Auto Insurance,” is free to high school instructors that teach driver’s education courses and will inform …

Ratings Roundup: AXIS, Itau XL, Topiary/Platinum

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS Specialty Limited (AXIS) and its operating affiliates. Best also affirmed the ICR of “bbb+” and all …