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

Insurance Carrier Denies California City’s Flood Claim

City grants to community organizations in Capitola may be in jeopardy after the city’s insurance claim from two March floods was denied. According to the Santa Cruz Sentinel, the city’s insurance carrier said the damage was not caused by a …

IBA San Diego Hosts Luncheon Discussion August 17th 2011: “State of the Reinsurance Industry—How Changes Could Affect the Agent and Insured!”

San Diego, August 8, 2011 – The Insurance Brokers & Agents of San Diego in partnership with the Insurance Industry Charitable Foundation’s San Diego Steering Committee, will be hosting a lunch discussion on August 17, 2011 with guest speaker Robert …

Judge Allows Army Vet’s Damages Suit Against Rumsfeld Over Torture

A judge is allowing an Army veteran who says he was imprisoned unjustly and tortured by the U.S. military in Iraq to sue former Defense Secretary Donald H. Rumsfeld personally for damages. The veteran’s identity is withheld in court filings, …

Nebraska Meatpacker Denies Supplying Tainted Beef

An Omaha meatpacker denies supplying tainted beef to Cargill Meat Solutions Corp. that sickened dozens of people in 2007. A statement issued Saturday by Greater Omaha Packing Company President Henry Davis says all products shipped to Cargill tested negative for …

Another Insurer, MetLife, Reports Rising Asbestos Claims

Asbestos-related claims against MetLife Inc. rose 11 percent in the first half of the year, the company said Friday, mirroring recent comments by other large insurers who have experienced more claims than they expected. MetLife, the largest U.S. life insurer, …

Honda Recalls 1.5 Million Cars in U.S.

Honda Motor Co. Ltd will recall 1.5 million cars and small SUVs in United States to repair the software that controls the automatic transmission, the automaker said Friday. Kyodo news agency in Japan reported that another 760,000 Honda models were …

Several Nebraska Businesses Suffer Damage in Fire

Several La Vista businesses have been damaged in a fire authorities have deemed suspicious. A release from the city says the fire was reported about 5:40 a.m. Wednesday at the Brentwood Business Center. Firefighters arrived to find smoke and flames …

Oregon Man Sentenced in Used-Car Insurance Scheme

A Eugene man has been convicted of an insurance scheme in which he bought and insured used cars and staged accidents between them, claiming money for the damage. The Eugene Register-Guard reports a judge has sentenced Timothy Huntley to more …

Florida to Investigate Role of Check Cashing Firms in Workers’ Compensation Fraud

Florida officials are calling for an investigation into the role of check cashing services in helping construction subcontractors avoid paying their fair share of workers’ compensation premiums. Florida Chief Financial Officer Jeff Atwater, who has called for a working group …

Judge Further Limits Tenn. Valley Authority Coal Ash Spill Lawsuits

A federal court further limited lawsuits seeking damages from the Tennessee Valley Authority for its huge spill of toxin-laden coal ash, but the judge ruled that claims related to property damages and reduced property values will to go to trial. …