Monthly Archives: <span>April 2011</span>

Transocean Executives Donating Safety Bonuses to Oil Spill Victims

Executives at the offshore drilling contractor at the center of last year’s Gulf of Mexico oil spill are donating bonuses they got for the company’s safety record last year. The decision came several days after Transocean Ltd. disclosed the bonuses …

Jury Rules for Baseball League in Wyoming Death

A Wyoming jury has ruled that a youth baseball league is not responsible for the death of a woman at a Casper ball field in 2008. The jury concluded Casper Youth Baseball did not behave negligently in connection with the …

Georgia Storms Caused $50 Million in Insured Losses

Insured losses from storms that slammed Georgia late Monday and early Tuesday will be an estimated $50 million. Georgia Insurance and Safety Fire Commissioner Ralph Hudgens said that estimate does not include uninsured losses. The number is an increase from …

Older Passenger Jets Facing Tougher U.S. Safety Inspections

Airlines flying older jets are facing tougher, more time-consuming U.S. inspections after the fuselage of a Southwest Airlines jet ruptured last week, leaving a 5-foot hole and questions about how companies and regulators will manage aircraft fatigue. Addressing metal fatigue …

Calif. Insurance Agent Pleads Guilty for Grand Theft

The California Department of Insurance announced that insurance broker Christopher Luna has pleaded guilty at the West Covina, Calif., Courthouse to two felony counts of Grand Theft. Luna was ordered to serve three years of formal probation, perform 90 days …

Essentials: Vigilance Guards Against Short Fuse, Third-Party, Bad Faith Set-Ups

The claimant’s attorney forwards a policy limits demand to your insurance company with a short fuse deadline. The insurer has little time to react or assess the demand’s reasonableness. The demand may come before there has been adequate time for …

Massive Florida Insurance Fraud Trial Could Get 2 Juries

Never mind Washington’s budget problems. The Justice Department wants to retrofit a Miami federal courtroom with two jury boxes for a massive insurance fraud trial. Prosecutors have proposed the unusual two-jury solution to get around legal obstacles of trying all …

$100 Million Policy Triggered If 2012 London Olympics Cancelled

International sports federations will be insured for up to $100 million in the event the 2012 London Olympics are canceled because of war or terrorism. Andrew Ryan, director of the Association of Summer Olympic International Federations, said the 26 sports …

Mississippi Firm Faces Fine Over Forklift Death

The Occupational Safety and Health Administration has proposed penalties of $46,935 for Quality Steel Corp. in Cleveland, Miss., where a worked died in 2010 in a forklift accident. OSHA said the propane tank manufacturer was cited for 19 safety violations. …

Mississippi Toughens Social Host Liability for Parents

Mississippi Gov. Haley Barbour has signed into law a bill that supporters say will make it easier to prosecute parents who host drinking parties for teenagers. The “social host” bill makes adults liable for knowingly allowing underage drinking on their …