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

Oklahoma Flooding Causes Insurance Problems for Some Homeowners

Recent severe flooding in Oklahoma, on top of extensive damage caused by violent storms in May, have caused headaches for property owners and insurers alike in that state. The June deluge caused additional to homes of some residents still waiting …

Ratings Recap: Chartis, C.P.A., Electric

A.M. Best Co. announced that it has affirmed the ratings of Chicago-based Chartis Specialty Insurance Company “in conjunction with its recent membership in the Lexington Insurance Pool. The company was previously a member of the Chartis U.S. Insurance Group. Best …

South Dakota Officials Target Vehicle License Plate Fraud

It’s no secret that South Dakota’s low taxes and lenient vehicle registration policies have made the state a haven for out-of-staters who license vehicles here. License plates are cheap, and so is the state’s excise tax on vehicles. There’s no …

Louisiana House OKs Contingency Fees for Attorneys in BP Suits

Lawyers contracted by Louisiana’s attorney general to handle lawsuits arising from the Deepwater Horizon disaster could be paid a percentage of the damages awarded, under legislation approved by the state House. The bill by state Senate President Joel Chaisson, D-Destrehan, …

This Is Lightning Safety Awareness Week

This year marks the 10th Lightning Safety Awareness Campaign, June 20-26. Spearheaded by the National Weather Service, the campaign has reduced death and injury from lightning strikes in the U.S., with average annual deaths dropping from 72 to 40 in …

Mexican Man to Sue Legion of Christ for Fraud

A man who claims the priest-founder of a once-powerful religious order was his father plans to sue the group, saying the Roman Catholic clergyman molested him for years. Jose Raul Gonzalez of Mexico plans to file the claim of fraud …

Jury Faults Builder, Others in 2005 New York Dam Break

A New York jury has found a construction company and design firm mostly at fault for the 2005 collapse of a newly built dam and millions of dollars in water damage to properties in Fort Ann. About 200 homes were …

Georgia Church Parsonage Fire Ruled Arson

A fire that destroyed a parsonage belonging to a Jackson County church was deliberately set, according to Georgia fire investigators. The parsonage of the Faith Baptist Church was located at Highway 129 North, Jefferson. Georgia Insurance and Safety Fire Commissioner …

Massey Ordered to Rehire West Virginia Mine Worker

An administrative law judge has ordered coal producer Massey Energy to rehire a miner who claims he was fired illegally for complaining about dangerous working conditions, federal officials said. Ricky Lee Campbell gets his job back at one of Massey’s …

BP Looking to Raise $50 Billion to Cover Gulf Oil Disaster Costs

British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible …