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

Okla. Gov. Declares Emergency Ahead of Hurricane Ike

Gov. Brad Henry has declared a state of emergency for Oklahoma in case hurricane evacuees from Texas are brought to the state. Hurricane Ike is expected to hit Texas Saturday and Oklahoma Department of Emergency Management spokeswoman Michelann Ooten says …

Feds Complete West Virginia Explosion Report

Federal investigators are wrapping up a probe of a fatal propane explosion at a Raleigh County, West Virginia convenience store in January 2007. The U.S. Chemical Safety Board said it will release its final report on the blast Sept. 25. …

Mississippi Supreme Court to Hear Damage Lawsuit Appeal

The Mississippi Supreme Court scheduled oral arguments for Oct. 6 in Franklin Corp.’s appeal on a multimillion-dollar verdict won by four workers who claimed they suffered medical problems because of inadequate ventilation at a Houston, Miss. furniture plant. A Calhoun …

Companies Strike Tentative Deal over West Virginia Tire Fire

Residents forced to stay inside their homes as nearly 40,000 burning tires released toxic fumes in Nitro, West Virginia two years ago, reached a tentative settlement with two companies. Though U.S. Tire Recovery and ChemValley Properties admit no wrongdoing, they …

Georgia Unemployment Claims Spike

The Georgia Department of Labor reports that 59,090 laid-off workers filed first-time unemployment claims in August. That’s a jump of 72 percent from August of 2007. State Labor Commissioner Michael Thurmond said the jump is the largest yearly increase since …

Pennsylvania Businesses with Workplace Safety Plans Save $300M

Pennsylvania businesses have saved more than $300 million thanks to a program that allows workplaces to save five percent annually on workers’ compensation insurance premiums, according to the state. Businesses qualify for the savings if they have a state-certified safety …

Lawyers Profit as Oct. 31 U.S. Asbestos Claim Deadline Nears

A court settlement described as “absurd and disturbing” would give Canadians owning homes contaminated with asbestos-containing Zonolite insulation virtually nothing, while their lawyers would get millions from W.R. Grace. In the United States, where as many as 35 million homes …

Pennsylvania Man Linked to Arson by GPS Pleads Guilty

A western Pennsylvania trucker linked to arson by his truck’s global positioning device will spend up to 10 years in prison. Forty-eight-year-old Thomas Reinhardt, of New Brighton, was sentenced after pleading guilty to arson and causing a catastrophe before Beaver …

PartnerRe Estimates Gustav Losses Between $25 to $45 Million

Bermuda-based PartnerRe Ltd. announced that its preliminary estimate of claims relating to its exposure to Hurricane Gustav are currently expected to be between $25 and $45 million on a pre-tax basis, net of reinstatement premiums. “During the last week of …

Best Lowers Lehman Re Ratings

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Bermuda-based reinsurer Lehman Re Limited. In addition Best revised the outlook for all …