July 21, 2010
A weekend enforcement effort by the Virginia State Police on Interstates 81 and 95 resulted in more than 6,000 summonses and arrests. More than half of the tickets were for speeding. State police also reported stopping 628 reckless drivers and …
July 21, 2010
Another federal agency has joined the investigation of an explosion at a Pittsburgh-area coke plant that injured 20 workers last week. The U.S. Chemical Safety Board has sent a three-person team to U.S. Steel’s Clairton Coke Works to determine whether …
July 21, 2010
The Wisconsin Supreme Court has decided that the state’s taking of $200 million from the Wisconsin’s Injured Patients and Families Compensation Fund (IPFCF) to help balance the general budget was unconstitutional. The state must now pay back the full amount …
July 21, 2010
Volunteer firefighters in West Virginia are threatening to stop answering calls if the Legislature doesn’t exempt their supervisors from liability for injuries to firefighters. The West Virginia State Fireman’s Association says insurers are declining to provide broad form liability insurance …
July 21, 2010
A federal judge has approved a $550 million settlement between Goldman Sachs and the U.S. Securities and Exchange Commission related to civil fraud allegations in a subprime mortgage product. U.S. District Court Judge Barbara Jones said she and the Southern …
July 21, 2010
State Sen. Ralph Hudgens garnered about 21 percent of the vote while Atlanta attorney Maria Sheffield grabbed about 20 percent, setting the stage for an Aug. 20 runoff in the Republican race for Georgia insurance commissioner. Georgia requires a candidate …
July 21, 2010
Private weather forecaster WSI Corp cut its forecast for named storms in the 2010 Atlantic hurricane season on Tuesday, but still sees an active season with water temperatures and wind conditions conducive to violent storms. In its latest tropical storm …
July 21, 2010
Britain and the United States said Tuesday it was not too late for a peaceful solution to the crisis over Iran’s nuclear program, but said they were determined to enforce new sanctions. The United Nations approved sanctions against the Islamic …
July 21, 2010
Aon Benfield announced the launch of ImpactOnDemandSM , which it described as a “new generation of its flagship risk management tools, which continue to allow insurers to visualize, quantify and connect their exposures to catastrophic events. Insurers can upload their …
July 21, 2010
A workshop held in Lloyd’s Old Library sought to answer that question, by examining the impact global warming could have on the hurricane season. Lloyd’s cited the fact that “analysis of weather patterns and damage losses over the last 100 …