As the 2008 Atlantic hurricane season officially comes to a close this on Nov. 30, Florida can be thankful for being spared from any major hurricane strike again this season. However, the dangers hurricanes present and the financial ramifications facing …
When pirates armed with little more than AK-47s and rope ladders seized a supertanker last week, they showed how simple it is to storm a ship — a vulnerability that al Qaeda could exploit to attack the global economy. Security …
AIR Worldwide Corporation has released the AIR Inland Flood Model for Great Britain. “The new probabilistic model will help companies better manage on-and-off flood plain risk for properties in England, Wales, and Scotland,” said the announcement. “It covers residential and …
When the North Carolina insurance company that Steve Davis was working for transferred him to Winston-Salem in the early 1970s, the building that is now the Stevens Center was still the Carolina Hotel and Theatre. The hotel had definitely seen …
A new study by the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $4.8 billion and $6.8 billion in excess payments to auto injury insurance claims closed with payment in 2007. The excess payments amount to …
A Reno, Nev., couple has filed a federal lawsuit against Campbell’s Soup Co., Albertson’s markets and Save Mart claiming they suffered from botulism poisoning after eating a can of chicken broth in 2006. A lawsuit filed in U.S. District Court …
Mississippi Transportation officials say there have been almost 1,500 traffic collisions involving deer this year, and this is the time to be on the look out. Deer move more in the fall and winter in search of new food sources. …
An amusement park said it has reached a settlement with the family of a Louisville teenager whose feet were severed when a thrill ride malfunctioned last year. Six Flags Kentucky Kingdom said the settlement would provide “lifetime care” for Kaitlyn …
State regulators have cited a North Carolina chicken processing company for 49 serious safety code violations, many involving hazardous chemicals. The Charlotte Observer reported the $178,000 fine levied against House of Raeford Farms plant in Teachey is significant for the …
A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the highest level of damage if there is a 7.7 magnitude earthquake. The Federal Emergency Management Agency released the two-year study as part of the Catastrophic …