Monthly Archives: <span>August 2013</span>

MSHA Issues Nearly 150 Citations at Mines in July

Federal mining regulators nearly 150 citations during July impact inspections. The U.S. Mine Safety and Health Administration says it also issued 16 orders following inspections at nine coal mines and four other mines. MSHA issued 13 citations and 11 orders …

Visalia Leads All California Cities in Allstates’ Best Drivers Report

The Allstate Insurance Company released its ninth annual “Allstate America’s Best Drivers Report,” revealing that Visalia tops all California cities in driving safety with the lowest car collision frequency in the state. In the 2013 report Visalia ranks in the …

Indiana Couple Plan to Sue Over Wheelchair Accident

The parents of a 7-year-old southern Indiana girl who was injured when her wheelchair fell from a school bus’ motorized lift plan to sue two school districts for negligence. A tort claim filed Monday in Clark County indicates Julianna Stone’s …

Nebraska Man Sues Wal-Mart Over Plastic Bag’s Failure

An eastern Nebraska man has sued Wal-Mart, saying the failure of an overfilled plastic shopping bag led to the death of his wife. The Lincoln Journal Star reports that the Sarpy County lawsuit filed by William Freis, of Plattsmouth, has …

Regulators Alert Financial Firms to Disaster Risk

The Securities and Exchange Commission has issued a risk alert on business continuity and disaster recovery planning for investment advisers. The SEC risk alert from its Office of Compliance Inspections and Examinations (OCIE) follows a joint advisory issued on August …

Record-Breaking $17.3 Billion in Crop Losses Last Year

Extreme weather forced the Federal Crop Insurance Program (FCIP) to pay out a record-breaking $17.3 billion in crop losses last year, much of which could have been prevented using water-smart strategies, according to the Natural Resources Defense Council, an international …

New Zealand Botulism Scare Likely a False Alarm

A botulism scare that damaged New Zealand’s international reputation for providing top quality and safe dairy products was likely a false alarm. New Zealand government officials said Wednesday they had found no sign of botulism bacteria after retesting ingredients used …

New Model Promises to Quantify Losses Triggered by Power Outages

Total economic losses due to power outages in the United States are estimated to be over $100 billion per year, according to Robin Luo, vice president and blackout model project manager at Hartford Steam Boiler. The main causes of electrical …

Storm Drain Covers Stolen in Massachusetts

Police in Braintree and Quincy, Mass., are on the lookout for thieves who have been prying iron grates out of streets and leaving storm drains open to unsuspecting bicyclists and pedestrians. Braintree Mayor Joseph Sullivan last week warned residents to …

Part 2: Top 4 Up-And-Coming Trends in Solving the Roof Risk Problem

In part 1, we described the current trends in solving the roof risk problem. Part 2, covered today, lists the trends ahead facing insurance and reinsurance carriers alike in their journey to tackle the roof risk problem. BuildFax interviewed carriers …