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

Judge Recuses Self from Kentucky Fen-Phen Retrial

The federal judge who oversaw the eight-week trial of two lawyers accused of conspiring to defraud their clients out of $65 million in a diet-drug settlement won’t handle the retrial. U.S. District Judge William O. Bertelsman, who has senior judge …

West Virginia Seeks Lower Boating Blood Alcohol Level

West Virginia boaters who like a few drinks while out on the lakes or rivers will have to take it easy if a proposed rule change goes through. The state Division of Natural Resources wants to lower the legal blood …

Motorists Mutual Provides New Guide to Agent Planning

Columbus, Ohio-based Motorists Mutual Insurance Company recently announced that it is offering a new program to help its more than 4,000 independent agents “plan” for success. The company is providing its agents access to the National Association of Professional Insurance …

Iowa Court Deadlines Delayed Due to Widespread Flooding

The Iowa Supreme Court has issued an order delaying deadlines for the days that a half-dozen district court offices were closed due to flooding. That means the courts, lawyers and other people involved in cases in those jurisdictions essentially get …

Research Model Helps Gauge Storms’ Intensity with Climate Change

A new mathematical model indicates that dust devils, water spouts, tornadoes, hurricanes and cyclones are all born of the same mechanism and will intensify as climate change warms the Earth’s surface. The new equation, developed by University of Michigan atmospheric …

Axis CEO Sees Insurers’ Returns Eroding; Plans Axis Expansion

John Charman, chief executive of Bermuda-based Axis Capital says insurers are caught between softening policy rates and volatile investment markets, a situation he expects to hurt returns. “You could make the case that this is the perfect storm — where …

Rendell Signs Updated Pennsylvania Mine-Safety Bill

Gov. Ed Rendell has signed into law the first comprehensive update to Pennsylvania’s mine safety law in nearly half a century. It addresses emergency shelters and accidental breaches of flooded mines, as occurred in the “nine for nine” accident six …

Meholic to Head The Main Street America Group’s Richmond Region

Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. Meholic, who has extensive background leading property-casualty operations in the mid-Atlantic marketplace, will report to Doug Eden, Main Street America’s senior vice president, …

Hot, Drier Weather Developing on California Firelines

Firefighters are making progress in California’s siege of wildfires, but forecasters warned that weather was turning back in favor of the flames. “A high pressure system is setting up over the entire West,” said Mike Smith, a meteorologist with the …

Washington Raises Workers’ Comp Benefits, Pays Dividend to Employers

Workers currently receiving Washington workers’ compensation wage-replacement or pension benefits will receive a 5.018 percent cost-of-living increase, according to the state Department of Labor and Industries (L&I). State law requires that benefits be recalculated each year to reflect the change …