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

Feds Cite Georgia Plant for Safety Violations

The federal Occupational Safety and Health Administration cited an Athens, Georgia manufacturing plant for 32 alleged safety violations and proposed $137,000 in fines. OSHA cited Overhead Door Corp.’s Athens plant. It said that in recent inspections it found machines operating …

Federal Disaster Relief Centers Open in North Carolina

The federal government opened disaster loan centers in two North Carolina cities that were flooded by remnants from Tropical Storm Fay last month. The U.S. Small Business Administration said centers opened Sept. 13 in Charlotte and Concord. The centers will …

3 Arrested in Florida for Alleged Asbestos Dumping

Three men have been arrested for allegedly dumping asbestos tiles in the protected wetlands area known as Florida’s Green Swamp. Forty-three loads of debris containing asbestos from a demolition site at Florida Southern College were allegedly dropped there from July …

Professional Liability Risk Management and Insurance Consultancy, CRMC, Opens Its Doors

Construction Risk Management Consultants LLC (CRMC) a unique, highly specialized insurance and risk management consultancy with expertise in the design and implementation of professional liability risk management programs for design and construction professionals and other enterprises engaged in the construction …

AIG Facing Liquidity Crisis, Seeks $40 Billion Loan from Federal Reserve

Insurer American International Group Inc., working to stave off rating downgrades [See related article] and shore up the capital of its holding company, has made an unprecedented approach to the Federal Reserve seeking $40 billion in short-term financing, the New …

Louisiana Won’t Be Spared by Ike

Although Galveston, Texas, is expected to experience the brunt of the storm, Hurricane Ike is a very, very large storm, extending nearly 900 miles across according to some estimates. Louisiana figured it might have been given a reprieve earlier in …

Arthur J. Gallagher & Co. Acquires California Insurance Center

Arthur J. Gallagher & Co. has acquired California Insurance Center, Inc. of Lafayette, Calif. Terms of the transaction were not disclosed. Founded in 1929, California Insurance Center Inc. is a retail insurance broker offering risk management and commercial property/casualty insurance …

Like Ike, Insurance Exposures Along Texas Coast Are Massive

With a giant Hurricane Ike taking aim at the upper Texas coast, the value of insured property at risk is huge, according to the Insurance Information Institute. The total value of insured coastal property in Texas was more than $895 …

Hurricane Ike Idles Texas Oil Industry, Threatens Floods

Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas Friday, leaving most production idled and threatening a fifth of the nation’s refining capacity with howling winds and a possible 20-foot (6-meter) wall of water. …

State Offices Close in Advance of Ike in 2 SW Louisiana Parishes

Still recovering from Labor Day’s Hurricane Gustav, south Louisiana braced Sept. 11for a brush with Ike, a powerful hurricane on a projected course for the Texas Gulf Coast. Calcasieu Parish officials in Louisiana’s southwestern corner ordered a mandatory evacuation for …