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

CIG Offers Extended RC and Eliminates Coinsurance Penalties for BOPs

Capital Insurance Group (CIG), a regional property/casualty insurer serving the Western U.S., is now offering commercial property owners an innovative 125-percent extended replacement coverage and the elimination of potential coinsurance penalties. The two product advancements working in tandem will help …

Rains Bring at Least 4 Tornadoes Through Mississippi

At least four tornadoes were part of a rainy system that moved across Mississippi Friday night and Saturday morning. Officials reported tornadoes in Adams, Rankin, Simpson and Smith counties. Weather Service officials said they know of no injuries from any …

Hong Kong Keeps Storm Signal No. 8 as Typhoon Makes Landfall

Hong Kong maintained its third- highest storm signal in the wake of Typhoon Usagi, which canceled hundreds of flights and stranded travelers before making landfall in southern China. The city’s financial markets, schools and offices may delay opening this morning. …

Colorado Flooding to Cost More Than $2 Billion, Eqecat Says

Flooding and mudslides in Colorado this month caused more than $2 billion in economic losses, most of it uninsured, according to catastrophe risk modeler Eqecat. The estimate includes damage to homes and roads, lodging expenses for displaced people and the …

Self-Driving Vehicles Move Ahead Faster Than Rules of Road: Cars

The world has moved quickly from wonder at the idea of driverless cars to impatient expectation. The Cadillac SRX zipping around a test track in suburban Detroit is flashing a sign: Not so fast. The car can pilot itself at …

Traffic Accidents Down in New York City

New York City’s annual report card says the number of residents killed in traffic accidents plunged considerably over the last year. Mayor Michael Bloomberg’s management report said Friday that in the fiscal year ending in June, 261 people were killed …

Hit-and-Run Accident Ends Horse Race Through Town

It was a hit-and-run accident where the offending party rode away on his horse. Opelousas police continue to investigate a Wednesday horse race through the center of this Louisiana town of 16,000, reports The Daily World. It ended with one …

Several Collapse From Overdoses at Connecticut Concert

Connecticut authorities are investigating the drug overdoses of several people who collapsed at a dance concert. Police say seven people were treated for suspected overdoses of the powerful hallucinogenic 2CP Saturday night during an electronic dance music concert at Quassy …

Panama City Fights to Remove Abandoned Cruise Ship

Panama City has spent tens of thousands of dollars removing dozens of derelict boats as it redevelops its waterfront. But one abandoned former luxury cruise liner is proving to be an especially difficult case. The News Herald of Panama City …

Trial Delayed for Missouri Man Accused of Tornado Fraud

The trial has been delayed for a southwest Missouri man charged with defrauding victims of the Joplin tornado. The Lebanon Daily Record reports that 66-year-old Jeffrey Wolfson is charged with six felony and two misdemeanor charges. His trial was scheduled …