July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …
July 8, 2009
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 …