Monthly Archives: <span>May 2011</span>

14 Killed as Tornadoes Carve Path Through Midwest

A violent storm system rumbled through the central U.S. on Wednesday, spawning tornadoes that turned homes into splintered wreckage, killing at least 14 people over two days and hampering rescue efforts in a city slammed by a massive twister days …

Illinois Agency Fighting Release of Workers’ Comp Settlement Details

The Illinois agency that processes workers’ compensation claims is challenging the state attorney general’s order that it release details tied to millions of dollars in settlements. The Central Management Services filed a lawsuit in Cook County to block the release …

Iowa-based United Fire & Casualty Files Reorganization Plan

Cedar Rapids, Iowa-based United Fire & Casualty Co. has signed an agreement and filed a reorganization plan with United Fire Group Inc. (United Fire Group), a newly formed subsidiary of United Fire, and UFC MergeCo Inc. (MergeCo), a newly formed …

April Storm Damage in Ohio Estimated at $123M

The Ohio Insurance Institute estimates that mid-April storms caused more than $123 million in damage across the state. The industry group for property and casualty insurers said that wind, tornadoes and hail on April 19 and 20 led to about …

Poms & Associates Adds Two to Staff

Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc., an insurance brokerage firm focusing on commercial insurance, employee benefits, corporate wellness, personal lines, and risk management and risk control, has announced the addition of Ken Slon as senior risk manager, …

Calif. Tops Nation in Cargo Thefts

California tops the nation as the state with the most cargo thefts, according to the National Insurance Crime Bureau, which recently issued its “2010 National Cargo Theft Report.” NICB identified 747 cargo thefts across the nation in 2010 with an …

Suit Filed in Boy’s Fatal Fall After Lakers Game

A lawsuit has been filed on behalf of the family of a 2-year-old boy who plunged to his death from a skybox after a Los Angeles Lakers game in November, alleging there are unsafe conditions at Staples Center that must …

California Unveils Map Outlining Landslide Risks

California officials have released a color-coded statewide map depicting regions most at risk for landslides. The landslide risk map made public by the California Geological Survey, is meant to give first responders and the public a general idea of where …

Kansas City Chiefs Gathering Aid for Missouri Tornado Victims

Hundreds of cars lined up all day on May 24 in the Arrowhead Stadium parking lot as the Kansas City Chiefs filled two semitrailer trucks with bottled water for tornado victims in Kansas and Missouri. Chiefs spokesman Brad Gee said …

Tennessee Updates Its Captive Insurance Law

Tennessee Gov. Bill Haslam is expected to sign a bill allowing the formation of new types of captive insurance companies in the state and guaranteeing funding for their regulation. The state has been falling behind in the race for captives …