Monthly Archives: <span>January 2010</span>

Big Fuel Spill on Alaska Island

An estimated 142,800 gallons of diesel fuel spilled from a storage tank on an island in Alaska’s remote Aleutian chain. The Coast Guard says 1,000 gallons from the spill on Adak Island entered a creek and flowed into a small …

Calif. Earthquake Damage To Top $28M, ‘State of Emergency’ in Humboldt

California Gov. Arnold Schwarzenegger has declared a state of emergency in the Northern California county struck by a weekend earthquake, saying damage from the magnitude-6.5 temblor was expected to top $28 million. Saturday’s quake “disrupted utilities and caused damage to …

Companies Offer Aid for Haitians; Caribbean Risk Pool Pays $8M

Companies pledged millions of dollars in aid Wednesday to help victims of a powerful earthquake in Haiti that devastated much of the impoverished country’s capital and killed thousands. Digicel Group, a top mobile phone operator in Haiti, said it would …

Tens of Thousands Feared Dead, Capital in Ruins From Haiti’s Catastrophic Quake

Traumatized Haitians slept out in parks and streets Thursday, fearing aftershocks to the catastrophic earthquake that flattened homes and government buildings and buried countless people. Tens of thousands of people were feared dead and many were believed to be still …

Much of Haiti Damage Uninsured

The insurance industry is unlikely to face large losses from a major earthquake that struck Haiti Tuesday, because many properties in the impoverished country lack insurance coverage, according to catastrophe modeler Risk Management Solutions. “The impact to the insurance industry …

Haiti Earthquake to Cost Insurers Millions: Equecat

The earthquake that struck Haiti may have caused hundreds of millions of dollars in damages, according to risk assessor Eqecat, which will likely lead to losses even for insurers of well-designed buildings. Eqecat said Tuesday hours after the magnitude 7.0 …

Police: 3 Killed on Indiana Highway by Improperly Secured Steel Coil

Police in Orleans, Ind., say a steel coil wasn’t properly tied down when it fell from a truck and killed three people and injured a young girl on a southern Indiana highway. The Orange County Sheriff’s Department says the nearly …

Lockney, Texas, High School Science Labs Reopen Year After Fire

Helped by a $6 million insurance settlement, renovated science labs opened at Lockney High School in Lockney, Texas, on the first anniversary of a fire that destroyed the main building. Superintendent Phil Cotham says work on the two labs continued …

Damages Awarded In ATV Accident Upheld By Arkansas Subcommittee

A legislative subcommittee has upheld a $1.5 million award the Arkansas Highway and Transportation Department is to pay a Des Arc man. Thirty-three-year-old Jeremy Kirkland was injured when he crashed an ATV into a 3-foot-deep ditch dug by AHTD crews …

Hudson Appointed President, CEO of Gallagher Bassett Services

Scott R. Hudson has joined Arthur J. Gallagher & Co. subsidiary Gallagher Bassett Services Inc. as its president and chief executive officer. He joins Arthur J. Gallagher & Co.’s Executive Management Committee as a corporate vice president. Property/casualty third-party claims …