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

Twisters Hit Record High Early in Season in Midwest

One account said that the tornado that hit Seneca, Mo., was a mile wide and traveled 60 miles on the ground before starting to dissipate. On May 4, 2008, the residents of Greensburg, Kan., remembered the anniversary of the tornado …

Trucking Under the Influence

Number of Drug and Alcohol Abusing Truckers Unknown It is estimated that somewhere between 1 percent and 10 percent of drivers of commercial or “big rig” trucks are operating under the influence of drugs or alcohol on any given day. …

Maine Mom Loses Sex-bias Claim

A federal court has blocked a Maine woman from suing her employer for sex discrimination after she claimed she was denied a promotion because of her childcare responsibilities for her four children including 6-year-old triplets. Laurie Chadwick complained that Wellpoint …

It Figures

$18 Million Estimated damage caused by a string of tornadoes that struck Suffolk, Virginia in late April, damaging more than 1,200 houses. Gov. Tim Kaine pledged to make available any state resource to help in the recovery effort. $8 Million …

People

MyNewmarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and reporting on technical and coverage issues. Christopher J. Boggs has …

Greenberg’s Starr Foundation Sues AIG Over Credit Losses

The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice “Hank” Greenberg, has sued the insurer, claiming it misrepresented its exposure to credit default swaps. The lawsuit, filed in New York State Supreme Court in Manhattan, alleges …

Auto Reform Causes Major Upheaval for Mass. Agents’ Key Vendor

Suddenly all the rules changed for Boston Software and 90% of the state’s agents who depend on its product No tool is more indispensable to an insurance agency than a computer; after all, it’s where the rates come from. So …

Inexpensive Roof Vent Could Prevent Wind Damage

Hurricanes often lift the roofs off buildings and expose them to damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering, and a graduate student have devised an …

Eight Lawsuits Filed Over Failed Vermont Heating System

Eight lawsuits have been filed against companies involved with the heating system that malfunctioned at the Redstone Apartments near the University of Vermont in January, 2005, killing one person and sickening others. The lawsuits target as many as 10 companies, …

N.H.’s Sevigny Gets Nod

New Hampshire Gov. John Lynch has nominated Insurance Commissioner Roger Sevigny to serve another term. Former Gov. Craig Benson first nominated then-Assistant Commissioner Sevigny to replace Insurance Commissioner Paula Rogers in 2003. His peers in other states have elected Sevigny …