Monthly Archives: <span>April 2014</span>

Willis Launches Coverage Wrap to Address Uninsured Cargo Losses

In recent years cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded, warned Willis Group Holdings, the global risk adviser, insurance and reinsurance broker. Heightened …

Missouri Mine Accident Leaves 2 Workers Dead

Two workers fell to their deaths on April 11 inside a southeast Missouri mine that has been the site of two other fatal accidents since 2000. The accident happened about 8:30 a.m. Friday at a lime mine operated by the …

‘Affluenza’ Teen Rehab Costs Family Only $1,200 a Month

The family of a Texas teenager sentenced to probation after killing four people in a drunken-driving wreck will pay for only a fraction of his court-ordered treatment. The Fort Worth Star-Telegram reports a juvenile court official testified Friday that Ethan …

Much Needed Levee Repairs Could Offset Flood Insurance Costs

West Terre Haute, Ind., residents have seen their share of flooding over the years. They know all too well the “cut-arounds” when the swollen waters of Sugar Creek flood the main roads. And there’s a reason why the land between …

15 Injured in China Train Derailment

A total of 15 people were hospitalized after a train derailed in northeast China early Sunday, officials said. The railway bureau in Heilongjiang province’s regional capital of Harbin said on its official microblog that the cause of the pre-dawn accident …

GM Reportedly Slow to Respond to Auto-Safety Complaints

Internal General Motors Co. documents released yesterday by Congress show that company executives, including Chief Executive Officer Mary Barra, were slow to respond to complaints about vehicle safety that built up for more than a decade. In an e-mail sent …

Lawmakers in New York Question Auto Insurance Rate Factors

Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state lawmakers Thursday, a week after a consumer advocacy group called the practice unfair. “The more accurate we can make our …

Vaio Laptop Battery Pack Could Overheat Sony Warns

Sony is advising consumers to quit using some of its VAIO laptop computers and unplug them, saying that it’s possible that its non-removable battery pack could overheat. The company says it’s in the process of creating a program to repair …

Steel Company Fined $37K in 49ers Stadium Seath

California officials have fined a steel company nearly $37,000 in connection with the death of a worker at the site of the San Francisco 49ers new stadium. Edward Lake II, a truck driver with Gerdau Reinforcing Steel West, was crushed …

Nearly 250 Days Since Oklahoma Has Seen a Tornado

Oklahoma hasn’t had a tornado or a tornado warning for more than eight months, though with bad storms expected in the state Sunday, it is doubtful Oklahoma will be able to match its longest streak ever without a twister. Things …