Monthly Archives: <span>July 2009</span>

Louisiana Issues Final Data Call for Ike and Gustav Losses

The Louisiana Department of Insurance has issued a bulletin to all authorized and surplus lines property casualty insurance companies writing business in Louisiana reminding insurers that final submission of loss data from Hurricanes Gustav and Ike for the Aug. 1, …

Kodak Agrees to Settle Race Discrimination Lawsuit for $21.4M

New-York based Eastman Kodak Co. has agreed to pay $21.4 million to settle legal action brought by black workers who claim the photography products maker paid and promoted them less than their white co-workers. The deal was given preliminary approval …

New Jersey Poll: More Confess to Texting while Driving

Text-messaging while driving may be against the law, but that hasn’t stopped New Jerseyans from thumbing it on the road. A Fairleigh Dickinson-PublicMind poll on driving habits out Thursday finds the number of motorists who admit to texting while driving …

SEC Charges 5 with Insider Trading Ahead of Liberty Mutual-Safeco Merger

The Securities and Exchange Commission (SEC) has charged that five individuals, including a former investment banker at Goldman Sachs & Co., illegally tipped or traded on confidential information ahead of an announcement in April 2008 that Liberty Mutual Insurance Co. …

Congress Warned Reforms Could Hike Health Care Costs ‘Significantly’

Congressional Budget Office director Douglas Elmendorf told lawmakers Thursday legislation to expand health care coverage would increase federal healthcare costs “to a significant degree” and revenue will need to be found to keep from increasing the deficit. Asked by the …

As Congress Picks Up Pace on Health Care Reform, What’s Next?

Congress has picked up the pace of its work on an overhaul of the $2.5 trillion healthcare industry as it tries to pass legislation in each chamber before the August congressional recess. A first Senate committee acted Wednesday on its …

Report on Fatal South Carolina Sofa Store Fire Due in Fall

A federal study of a blaze that killed nine firefighters in a South Carolina city two years ago is expected to released by early fall. The National Institute of Standards and Technology is studying the June 2007 blaze which gutted …

North Carolina Drunk Driver Reinstatement Bill Goes to Governor

The North Carolina Legislature has agreed that repeat drunken-drivers should get a chance one day to have their license restored. The House agreed 88-28 this week to create a procedure whereby someone convicted of habitual impaired driving can ask the …

Jakarta Hotel Bombs Kill 9, wound 42

Near-simultaneous bomb blasts ripped through the JW Marriott and the Ritz-Carlton hotels in Jakarta’s business district on Friday, killing nine people and wounding 42 others including foreign businessmen, police said. A car bomb had also exploded along a toll road …

U.S. Unveils ‘Spy Images’ of Arctic Ice in Rare Move Linked to Climate Change

In an unusually speedy move, a U.S. government agency released more than a thousand intelligence images of Arctic ice just a few hours after the National Academy of Sciences recommended the action to help scientists study the impact of climate …