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

Iowa Scout Camp Hit by Tornado Closes, Insurance Adjusters Tour Site

Officials with the Boy Scouts of America say the Little Sioux Scout Ranch in western Iowa will be closed for the summer following a deadly tornado that hit it on June 11. Four Boy Scouts were killed and nearly 50 …

Nationwide Insurance to Consolidate in West Virginia

Nationwide Insurance will open a consolidated state claims office in Kanawha County in July. Nationwide spokeswoman Liz Christopher said June 17 that five claims offices with 72 employees statewide will be moved to one central office in Dunbar. Christopher says …

West Virginia Highway Officials: Flood Repairs to Cost at Least $4.5M

The West Virginia Division of Highways says it will cost at least $4.5 million to repair highways damaged by flooding earlier this month. DOH spokeswoman Karen Zamow says the estimate covers damage in 13 counties in northern and north-central West …

Ratings Roundup: Agri-Business, Vantapro, Sooner, Intrepid, Columbia

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating (ICR) to “a-” from “bbb” of American Agri-Business Insurance Company (AA-BIC), and has removed them from under review with positive …

Iowa Governor Says Special Legislative Flood Session Very LIkely

Iowa lawmakers are making arrangements for a near-certain special session to address flooding damage across the state, and some say an increase in the state’s gas tax may be on the table. Senate Majority Leader Michael Gronstal, a Council Bluffs …

Marines in North Carolina Investigating Fire Issues at Camp Lejeune

Three former and current employees of the Camp Lejeune, N.C. Fire Department alleged that smoke detectors and fire alarms are not being inspected and maintained at the base, putting Marines and others at risk. The employees reported widespread maintenance problems …

McCarthy to Lead Willis’ Construction, Real Estate Claims

Willis Group Holdings Limited appointed Gerry McCarthy as senior vice president, and regional director of construction and real estate claim teams of Willis of New York Inc. McCarthy’s responsibilities include developing risk-transfer and claim resolution strategies. He brings more than …

XL Insurance Adds New Green Building Product

XL Insurance (“XLI”), the global insurance operations of XL Capital Ltd (NYSE:XL) , launched a new green building product to encourage customers who experience a property loss to rebuild using resource efficient, environmentally friendly materials. XLI’s Sustainable Property Endorsement is …

New York Police Arrest 13 Suspects in Car Insurance Fraud Scheme

Police in New York say 13 people staged minor car accidents to get thousands of dollars’ worth of unnecessary medical treatment from four Bronx clinics. The 13 people were arrested Tuesday on insurance fraud and grand larceny charges stemming from …

FEMA Rescinds New Flood Maps for D.C.

The Federal Emergency Management Agency has rescinded maps declaring a large swath of downtown Washington and the National Mall a flood zone after city officials pledged to have a stronger levee system in place by late next year. The new …