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

Poizner Deploys Fraud Investigators to ‘Summit Fire’ Zones

Insurance Commissioner Steve Poizner dispatched California Department of Insurance fraud investigators and staff to the Summit Fire zones near Santa Cruz, Calif. to provide assistance to survivors as they face the daunting task of recovery. They will advise fire survivors …

Motorists Group Promotes Kratzer to Accounting Division Vice President

The Motorist Insurance Group recently announced it has promoted Joel Kratzer, CPA, to vice president of the accounting division after the retirement of longtime Vice President Jim Vermillion. Vermillion’s retirement and the promotions of Kratzer and Tom Brock were effective …

Scaffold Collapse in New Jersey Kills 2

A scaffold holding three painters at a Bayonne, New Jersey industrial complex collapsed Saturday, killing two of them and seriously injuring the other. The men were painting a fuel tank at the International-Matex Tank Terminals when the collapse occurred at …

After 3-Year Lull, Mississippi, Alabama Gird for New Hurricane Season

After Hurricane Katrina struck the upper Gulf Coast in 2005, even grizzled storm veterans became edgy when the opening of hurricane season rolled around. Blue tarps covering Katrina-damaged homes are far fewer now, but as the third storm season since …

Safety Summit Follows Deadly NYC Crane Collapse

New York City Buildings Department officials gathered for an emergency safety summit Saturday after the city’s second deadly crane collapse in recent weeks, while lawmakers warned of dangers in New York’s building boom — especially the 250 cranes still up …

State Insurance Regulators Approve Municipal Bond Credit Rating Reform

State insurance regulators and their National Association of Insurance Commissioners (NAIC) moved forward this weekend with a regulatory response that they hope will help the municipal bond market by reducing pressure on insurance companies to sell bonds insured by downgraded …

3 Homes, 800 Acres Burned in Southwest Florida Fire

A fire that officials say is “highly suspicious” has burned three homes in southwest Florida. The blaze consumed more than 800 acres in Golden Gate Estates near Naples, which is on Florida’s southwest coast. The fire began May 29 and …

Three Attorneys Named to Award Aid to Minnesota Bridge Collapse Victims

Three Twin Cities lawyers make up a special panel determining how much state money victims of the Interstate 35W bridge collapse will get. Minnesota Chief Justice Russell Anderson has appointed Susan Holden to chair the special masters panel that will …

After NYC Collapse, Experts Say Cranes Aren’t Tested Enough

The towering cranes that build America’s skyscrapers are often not properly inspected for wear, fatigue and other potentially dangerous structural problems, several construction safety experts said following a deadly accident in New York. Two construction workers died Friday when the …

MetLife to Split Off Its 52% Stake in Reinsurance Group

MetLife Inc, the largest U.S. life insurer, said Monday that it would divest its 52 percent stake in Reinsurance Group of America Inc . Under the multi-step transaction, MetLife said Reinsurance Group would recapitalize its common stock into two classes. …