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

New York Authorities Looking for Sheriff’s Car Vandal

The Suffolk County Sheriff’s Department is looking for tha parties responsible for kicking in all the doors on a marked Sheriff’s car. The damage from the incident last month was estimated to be more than $2,000.

Running Water Damages WWU Building

Running water caused flood damage in the Science, Mathematics and Technology Education Building at Western Washington University in Bellingham. The water was left running over the weekend from an eyewash shower. Investigators are trying to determine if it was an …

Tennessee Court Rules Against Alcoa in Asbestos Suit

The Tennessee Supreme Court has ruled that Alcoa Inc. can be sued in the asbestos-related death of a former worker’s daughter. The Pittsburgh-based company had argued that it should not be held responsible for Maryville resident Amanda Satterfield’s cancer. Satterfield …

Gustav-Related Louisiana Agriculture Damage Estimates Released

The LSU AgCenter compiled preliminary estimates of the agriculture and fisheries losses caused by Hurricane Gustav. A look at the estimated losses and the percent of crop value: AGRICULTURE Rice, $29.3 million, 7.56 percent. Corn, $45.8 million, 10.74 percent. Sorghum, …

La. Regulators Suspend Cancellations, Nonrenewals with Emergency Rule

The Louisiana Department of Insurance on Sept. 10 issued Emergency Rule 24, which addresses premium renewals, cancellations, claim filings and other insurance-related matters affecting Louisiana citizens impacted by Hurricane Gustav, which made landfall in that state on Sept. 1. The …

Rating Roundup: Response Group

A.M. Best Co. has placed the financial strength rating (FSR) of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb” of Response Insurance Group and its following members under review with positive implications: Response Insurance Company, Connecticut Life & Casualty …

Ratings Roundup: Greenlight Re, Polish Re, Rembrandt, Macau

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Greenlight Reinsurance, Ltd. as well as the ICR of “bbb-” of Greenlight Re’s holding company parent, Greenlight Capital Re, Ltd. …

Missouri Crane Company Fined in Fatal Accident

The crane company involved in a fatal accident at Kansas City Power & Light’s Iatan power plant in Platte County has been fined $14,000 for two serious violations. The Occupational Safety & Health Administration cited Maxim Crane Works, based in …

U.S. Court Upholds Vermont’s $183M Ambassador Insurance Judgment

The U.S. Third Circuit Court of Appeals issued has upheld a judgment of $182.9 million in a malpractice case against the accounting firm PriceWaterhouseCoopers for its dealings with the failed Ambassador Insurance Co. Ambassador Insurance Co. (a Vermont domiciled surplus …

Ferocious Hurricane Ike in Gulf of Mexico, Headed for Texas

Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or early Saturday. …