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

Texas Supreme Court Rules for Insured in Appraisal Clause Case

The Texas Supreme Court recently upheld an appeals court ruling that favors the insured in a dispute over the scope of an appraisal clause in a homeowners insurance policy. Delivering the written opinion of the Court in State Farm Lloyds …

Louisiana Governor Vetoes Workers’ Comp Claim Filing Bill

Louisiana Gov. Bobby Jindal has vetoed a bill that would expand the time for filing a workers’ compensation claim from two to three years. Jindal issued the veto of the bill by Alexandria Rep. Chris Roy on July 6. Supporters …

Fire Still Burns at Wisconsin Meat Packing Plant, 1,450 Idled

The fire continued to burn July 7 at Patrick Cudahy Inc., a meat packing plant in Cudahy Wis. About 350 managerial and clerical employees are back at work in unaffected areas. The meatpacking plant is in Cudahy, a suburb of …

Suspect Charged in Train-Bulldozer Accident in Illinois

Investigators believe they know how a bulldozer got onto railroad tracks in Collinsville, Ill., last year before being rammed by a train. Prosecutors in Madison County have charged 24-year-old Nathan Bailey of Collinsville with criminal damage to property over $100,000 …

Wisconsin Regulators Release List of June 2009 Administrative Actions

The Wisconsin Office of the Commissioner of Insurance has published a list of administrative actions for June 2009. The regulators noted that in many of these cases the respondent denied the allegations but consented to the action taken. Any fines …

Few Complaints from Texas 2008 Hurricane Claims

The Texas Department of Insurance (TDI) reported it has received a total of 1,201 justified complaints from the nearly 900,000 claims that originated from Hurricanes Ike and Dolly in 2008. The complaints represent less than one quarter of one percent …

Ratings Recap: Argus, Leadway, Scandinavia

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and assigned issuer credit ratings (ICR) of “a-” to Argus Group Holdings Limited (AGH) and its subsidiaries, Argus Insurance Company Limited (AICL), Somers Isle …

Florida Matrix Corp. Warehouse Fire Loss Estimated at $1.5 Million

Authorities say a fire destroyed a Tampa Bay warehouse, causing an estimated $1.5 million in damage. The Pinellas County Sheriff’s Office reports that the fire began Sunday night at the Matrix Limited Corp. warehouse in Safety Harbor. Detectives say the …

Highways Deaths Declined in Florida in 2008

Highway deaths are at an 8-year low in Florida. Also for the first time since 2000, fewer than 3,000 people lost their lives on the state’s roadways, the Florida Department of Highway Safety and Motor Vehicles reported. There were 2,983 …

Obama Nominates Main, Pizarchik to Head U.S. Mining Agencies

The Obama administration has nominated officials head two key agencies that oversee the health and safety of the nation’s 392,000 miners and environmental issues at thousands of surface mines across the country. The choice of former United Mine Workers union …