February 1, 2008
A day after wildfires burned almost 30 square miles across Texas, a few more blazes sprang up Jan. 30 while victims sifted through the charred remnants of their homes. Gary Karr spent the day moving debris from his blackened mobile …
February 1, 2008
Oklahoma’s unemployment rate rose 0.1 percent in December to 4.3 percent, spurred by higher jobless claims in more than half of the state’s 77 counties, according to state officials. About 1.65 million people were employed in Oklahoma in December and …
February 1, 2008
Saying his hands were tied by law, a federal judge in New Orleans dismissed a class-action lawsuit against the U.S. Army Corps of Engineers over levee breaches after Hurricane Katrina, but rebuked the agency for failing to protect the city. …
February 1, 2008
In the wake of recent skiing and boarding tragedies, the Canadian Ski Patrol System (CSPS) and the Insurance Brokers Association of Canada (IBAC) are advising Canadians to take precautions when skiing and riding this winter. “There are many skiing and …
February 1, 2008
Advisory firm Perella Weinberg Partners, hired by New York state to help find investment capital for cash-strapped bond insurers, is facing both skeptical lenders and time constraints. The situation is so dire, however, their strongest leverage may be the size …
February 1, 2008
Alabama Gov. Bob Riley appointed Brock Long to serve as director of the Alabama Emergency Management Agency. Long has served in emergency management at the state and federal levels specializing in hurricane planning and response. Riley and Long met with …
February 1, 2008
Insurance groups are criticizing passage of Senate Bill 259 by the Wisconsin Senate late on Thursday, Jan. 31st. Senate Bill 259 would forbid insurers from considering information in an individual’s credit report for issuing, renewing, or setting premiums for auto …
February 1, 2008
Plaintiffs attorney Richard “Dickie” Scruggs, facing corruption and contempt charges in unrelated cases, will invoke the Fifth Amendment if forced to testify in a federal lawsuit involving Mississippi’s attorney general, according to court records. Scruggs is scheduled for a deposition …
February 1, 2008
The insurance industry is a “C” student industry; the “A” and “B” students are working elsewhere, said the insurance company executive. Them’s fighting words, especially in a room full of Chartered Property Casualty Underwriters (CPCUs) and professional risk managers. A …
February 1, 2008
Gov. John Hoeven has picked a grocer and construction company president for the board of North Dakota’s workers’ compensation agency. Michael Gallagher and John Dyste (DYS’-tee) will join the 11-member Workforce Safety and Insurance board on Feb. 1. Gallagher will …