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

Former Faculty Sues New Mexico State University for Racial Discrimination

Four current and former New Mexico State University faculty members and a graduate student have filed a lawsuit in federal court charging university administrators with racial discrimination and unfair professional retaliation. Four plaintiffs allege they were racially and sexually discriminated …

Nevada Firm Settles Sexual Harassment Lawsuit

Federal officials say Scolari’s Warehouse Markets in Reno, Nev. have agreed to pay $425,000 to 19 women who say they were sexually harassed and retaliated against by supervisors at several local stores. However, Scolari’s Food & Drug Company, the Sparks, …

$6 Billion Storm? Ike’s Economic Impact is Felt Widely

Shrimpers and oystermen lost their boats to the muck. Tourist areas on the coast that should be bustling at the start of convention season are flattened. Lingering power outages are keeping offices empty and restaurants closed from Texas through the …

Ratings Roundup: Aviva, Sogaz, Eisenbahn, FM Global Mexico

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “a” of the non-operating holding company, the UK-based AVIVA plc, and the financial strength rating (FSR) of ‘A+’ (Superior) and ICRs of “aa-” of its rated subsidiaries. Best also …

Florida Dog Helps Save Elderly Couple from Fire

Tampa fire investigators say an elderly couple’s dog may have helped save them from an early-morning blaze. Authorities say 82-year-old Alice Ferrari and her 83-year-old friend Ted Kolanko were asleep around 4 a.m. Saturday when their small dog started acting …

Catastrophe Modelers Revise Expectations of Hurricane Losses

Extreme risk modeling firm, EQECAT Inc., and catastrophe risk experts, Risk Management Solutions (RMS), have revised their estimates of insured losses from Hurricane Ike, which hit Galveston, Texas, on Sept. 13. EQECAT has narrowed its estimated onshore insured losses to …

South Oregon Fire Continues to Grow

The Middle Fork fire, which got no respect for a month, is getting plenty after expanding to more than 17,800 acres over two days end entering Crater Lake National Park. It was at just 7,700 acres on Wednesday. The lightning-caused …

Maryland’s IWIF Forms Public Entity, Direct Business Team

Maryland’s IWIF Workers’ Compensation Insurance recently formed a strategic business team to support its public entity and direct business, which includes approximately 7,400 accounts. The 22-member strategic business team will service municipalities, counties, volunteer fire departments, housing authorities, various affiliated …

Ten Displaced by Boston House Fire

A house fire in East Boston has displaced 10 people, but no injuries were reported. The blaze broke out Saturday morning in a two-and-a-half story home. Officials say the cause was an unattended candle. Steve MacDonald, a Boston Fire Department …

Named-Storm Deductibles: Louisiana Legislators Want Just 1 Yearly

The chairman of Louisiana’s Senate Insurance Committee says he will ask companies to use the percentage deductible for named storms only once for homes or businesses hit by both hurricanes this year. Senator Don Cravis, a Democrat from Opelousas, says …