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

Oklahoma Governor Makes Workers’ Comp Team Appointment

Gov. Mary Fallin is announcing the appointment of Oklahoma Commerce Department executive director Jonna Kirschner to a transition team to establish a new workers’ compensation system. The new system was authorized by legislation passed and signed into law earlier this …

Florida Approves Citizens Property Insurance Hikes

Florida regulators are signing off on rate hikes for hundreds of thousands of Citizens customers. The Office of Insurance Regulation announced Monday that it has approved an overall statewide rate hike of 6.3 percent for Citizens Property Insurance Corp. Citizens …

BP Balks at Extending Spill Settlement to Moratorium Losses

BP Plc’s oil-spill claims administrator shouldn’t extend a company settlement to cover claims of business losses caused by the Obama administration’s deep-water drilling ban, BP told a court. Lawyers for victims claiming harm from the 2010 spill last month proposed …

Vehicle/Motorcycle Accident Link to Brain Miscalculation: Study

Check the local news, and stories of cars pulling out in front of motorcyclists run regularly in the headlines. Recent research by a Texas Tech University psychologist suggests that the regularity of this problem isn’t necessarily a case of poor …

Taxpayer $14 Billion to Crop Insurers Some Call Money Laundering

Former American International Group Inc. chief Maurice “Hank” Greenberg has a new business partner: the U.S. taxpayer. Greenberg’s Starr Indemnity & Liability Co. is one of 18 companies approved to get federal cash for insuring farmers against loss of crops …

JPMorgan in $300M Settlement Over Force-Placed Homeowners Insurance

JPMorgan Chase & Co and a major insurer have agreed to a $300 million settlement to resolve accusations that they forced homeowners into over-priced property insurance and entered into kickback arrangements that inflated the policies’ prices. The lawsuit being settled …

Gabrielle Menaces Bermuda as Disturbance Moves Toward Gulf

Tropical Storm Gabrielle reformed in the Atlantic south of Bermuda, which can expect high winds, rough surf and rain later today, according to the U.S. National Hurricane Center. Gabrielle was 165 miles (265 kilometers) south of Bermuda and moving north …

Louisiana Man Injured by School Bus Wins $51000

The Terrebonne Parish School Board must pay more than $51,000 to a man who was injured when a school bus rear-ended a Sears van he was driving, a Louisiana district judge has ruled. Although police reported minor injuries at the …

Shell to Negotiate with Nigerians Over Oil Spill

Shell officials on Monday began talks in Nigeria’s southern city of Port Harcourt with representatives for the Bodo community on compensation and cleanup five years after one of the worst oil spills in Nigeria’s history. Some experts say two oil …

15 Hurt When Connecticut Fair Ride Loses Power

State police say 12 people were sent to hospitals with non-life threatening injuries after a mechanical failure caused an amusement ride to suddenly stop at a Connecticut fair. Three other people were also hurt when a rotating swing ride at …