Monthly Archives: <span>March 2009</span>

Insurance Exclusion Applies to Liquidator, Nebraska Court Rules

A regulatory exclusion in a directors and officers liability insurance policy applies to an insurance regulator acting as liquidator, according to the Nebraska Supreme Court. The ruling is believed to be the first by any state Supreme Court upholding a …

High-Tech Firms Press Congress to Limit Patent Damages

High-tech companies facing pricey litigation to defend their patents are pressing Congress for patent reform, even though they have already won some important elements of that reform in court. These rulings, little noticed outside the patent world, have made it …

Spring Weather Warnings: Midwest Floods; Droughts in South, West

Flooding in the upper Midwest, which could rival the high water levels experienced in 2006 and possibly 1997, and continued drought in the South and West are among the warnings contained in the national outlook for this Spring from federal …

Ladders Slide off Van and Injure New Jersey Pedestrian

Police say a pedestrian was injured by ladders that slid off the roof of a van involved in a traffic accident in Lakewood, New Jersey The van collided with a car at an intersection around 7:20 a.m. Wednesday, then smashed …

Virginia Recalls Mississippi Oysters Linked to Illness

Virginia is recalling oysters harvested in a section of Mississippi’s coastal waters that were linked to a norovirus infection among patrons at a Tennessee restaurant. The Virginia Department of Health issued the recall over the weekend. The agency said the …

Cigarette Blamed for Fire at Maine Apartment Complex

Officials are blaming a discarded cigarette for a fire that destroyed two apartments and damaged several others at a military housing complex in Kittery, Maine. Fire Chief David O’Brien said the Saturday evening fire at the Admiralty Village complex started …

Khosropur Named Chief Claims Officer at Narragansett Bay Insurance

Pawtucket, Rhode Island-based insurer Narragansett Bay Insurance Co. has named Bob Khosropur as chief claims officer. Khosropur, who most recently served as vice president of claims for Privilege Underwrites, is a 22-year veteran of the insurance industry. At Privilege, he …

North Carolina Thieves Target Appliances in Homes For Sale on Internet

A North Carolina sheriff’s office says thieves have taken large appliances from houses that were listed for sale on the Internet. The Wilmington Star-News reported that the New Hanover County Sheriff’s Office said a washer and dryer, a stainless steel …

California Egg Producer Recalls Organic Brown Eggs

Salmonella fears have prompted a Ripon, Calif.-based company to issue a recall of its organic brown eggs. The company, den Dulk Poultry Farms, says its eggs were sold at Costco, Safeway and Pack n’ Save stores throughout Northern California, the …

Michigan Retirement Plan Is Lead Plaintiff in Securities Suit Against AIG

Michigan Treasurer Robert Kleine and Attorney General Mike Cox say Michigan has been named lead plaintiff in a class action lawsuit against American International Group Inc. (AIG). The State of Michigan Retirement Systems invested in AIG on behalf of more …