Monthly Archives: <span>February 2008</span>

Virginia Dismisses Tenn. Risk Groups’ Claims Against Reciprocal of America

Virginia insurance regulators have has dismissed the claims of three insolvent Tennessee risk retention groups against Reciprocal of America (ROA). The State Corporation Commission said it determined that, as reinsureds of ROA, the three insurers are general creditors and not …

Fire Officials Gather in Manhattan for High-Rise Fire Tests

Firefighters, fire experts and engineers are converging on New York’s Governors Island for a week of pyrotechnics aimed at finding ways to prevent and contain blazes in high-rise buildings. Members of fire departments in Los Angeles, Chicago and other cities …

Zach Scruggs Asks for Separation from Father in Katrina-Related Case

For most of his life, Zach Scruggs has benefited from his last name. As a partner in his father Richard “Dickie” Scruggs’ law firm, the younger Scruggs is entitled to millions in legal fees and the acclaim of working with …

Arrowhead Names Fish CFO, Sedillo Becomes CAO

Arrowhead General Insurance Agency, Inc., which is headquartered in San Diego, has named Ken Fish as chief financial officer, succeeding Ronda Sedillo in that position. Sedillo has concurrently assumed the chief accounting officer position. Fish’s appointment as CFO is part …

Continental Western Insurance Announces $18 Million Expansion in Iowa

Continental Western Insurance Co. has announced an $18 million expansion to its suburban Des Moines, Iowa location. Continental Western and its parent company, Connecticut-based W.R. Berkley Corp., are negotiating the purchase of nearby building from Allied-Nationwide Insurance for a National …

Okla. Impeachments: Insurance Commissioner in 2004, Now Auditor

For the second time in four years, Oklahoma’s speaker of the House has convened a panel of lawmakers to investigate whether a statewide elected official should be impeached. But the eight-member panel that will investigate state Auditor and Inspector Jeff …

Explosion Damages Strip Mall in Stone Mountain, Ga.

In Georgia, DeKalb County authorities are investigating the cause of an explosion and fire at a strip mall in Stone Mountain early Monday. No injuries were reported in the fire that began with an explosion in a building on Memorial …

Ill. Appeals Federal Decision to Deny Disaster Aid to Flooded Areas

The Federal Emergency Management Agency is reviewing an appeal of a decision that floods last month in two eastern Illinois counties weren’t severe enough to merit disaster-area status. FEMA spokesman Aric Schmidt says there’s no deadline to finish the review. …

Virginia Wildfires Drained State Funds

Two weeks into spring fire season, the Virginia Department of Forestry already has spent its entire 2008 funds for firefighting. Spokesman John Campbell tells the Richmond Times-Dispatch that early estimates suggest the outbreak of wildfires across the state two weeks …

Planned Office Tower Would Be Baltimore’s Tallest

A Philadelphia developer has revised its plans to build a residential skyscraper at Baltimore’s Inner Harbor. ArcWheeler now plans to use most of the space for offices. Partner John Voneiff says a deal with an anchor tenant is expected to …