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

CN Railway Awarded $23.7 Million after 14 Year Insurance Fight

Canada’s highest court ordered insurers to pay Canadian National Railway C$30 million (US$23.7 million) Friday, ending a 14-year fight over a problematic tunnel-boring machine. The Supreme Court, in a 4-3 decision, rejected the insurers’ claim they were not liable for …

IAG Estimates Queensland Storm Claims at $38 to $44 Million

The Insurance Australia Group Limited (IAG) announced that it has received around 6,000 claims as a result of the storms that hit southeast Queensland (See IJ web site – https://www.insurancejournal.com/news/international/2008/11/18/95591.htm). IAG said its initial damage estimates are in the A$60 …

Report Somali Pirates Reduce Ransom Demand to $15 Million

Somali pirates holding a Saudi supertanker after the largest hijacking in maritime history have reduced their ransom demand to $15 million, an Islamist leader and regional maritime group both said on Monday. The Nov. 15 capture of the Sirius Star …

New Mexico Counties Eigible for Disaster Aid

Eastern New Mexico’s Curry and Quay counties are eligible for federal disaster aid because of their proximity to a neighboring Texas county that suffered a disaster. Parts of Texas were declared disaster areas after high winds and hail in August, …

Montana Mother of Deceased Child Accuses Head Start

The mother of a Butte, Mont. 3-year-old who died in 2006 has filed a lawsuit attributing the death to negligence by a Head Start bus driver and bus assistant. The lawsuit by Chastity Hodges names Human Resources Council District XII, …

California Bail Bond Agents Arrested

California Insurance Commissioner Steve Poizner announced that bail bond agents Joaquin Gracilazo Cruz and Isaac Trevino were arrested in connection with suspected fraud. Cruz was charged with 19 felony counts including embezzlement, false imprisonment, attempted extortion and hiring unauthorized bounty …

California Deploys Enforcement Officers in Santa Barbara

California Insurance Commissioner Steve Poizner has activated a disaster fraud task force in Santa Barbara, which includes the California Department of Insurance (CDI) Fraud and Investigation Divisions, the Santa Barbara Police Department, the Santa Barbara County Sheriff’s Office, the Santa …

Iowa Supreme Court Rules on Case of Woman with Cancer Diagnosis

The Iowa Supreme Court issued a ruling on Nov. 21 that sends the case of a woman who sued her doctors for failing to diagnose breast cancer back to a lower court for more proceedings. In her lawsuit filed in …

Alabama Trains Puppy to Hunt Arson

The Alabama Forestry Commission has welcomed a new member to its law enforcement team — a 12-week-old bloodhound puppy that will be trained to help wildfire arson investigators. The commission said it recently purchased the pup, named Blaze, to reduce …

The Mackoul Group of Companies Honored as “Business of the Year 2008”

NEW YORK (November 24, 2008) – On Sunday night, November 2nd, The Mackoul Group of Companies was honored as the “Business Of The Year”, at the Long Beach Chamber of Commerce Forty-Fifth Annual Dinner Dance. Governor David Paterson was honored …