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

Individuals, Not Just Corporations, Face Cyber Risks

While the big news is about hacks into the CIA’s and Senate’s public websites, Citigroup and Lockheed Martin, tens of thousands of people are victimized by cyber criminals each year, sometimes with devastating effect. The FBI, which has a special …

Eqecat Defends Latest New Zealand Quake Loss Estimate

Catastrophe modeler Eqecat released a defense of its loss estimate of $3 billion to $5 billion for Monday’s Christchurch earthquake, saying its models suggested that would be the incremental damage to the city over and above February’s quake. Three senior …

South Carolina Lawmakers Agree on Copper Theft Bill

A South Carolina bill designed to curb thieves from ripping copper from air-conditioning units and farm irrigation systems is heading to Gov. Nikki Haley. The Senate voted 39-1 this week to agree to changes made in the House. The amended …

Florida Drought Conditions Match Devastating 1998 Wildfire Season

Agriculture Commissioner Adam Putnam said drought conditions are the same as in 1998 when wildfires devastated Florida. Putnam told Gov. Rick Scott and Florida Cabinet colleagues Thursday that drought covers 93 percent of the state. In 1998, Flagler County was …

Rhode Island City Seeks Reimbursement for Historic Mill Fire Costs

Woonsocket, R.I. is seeking reimbursement for part of the cost of fighting a massive fire that destroyed the historic Alice Mill building last week. The Woonsocket Call reported that the costs include $38,660 in overtime, primarily for the fire department, …

West Virginia Reports State Agencies’ Workers’ Compensation Data

State figures show the West Virginia Department of Military Affairs and Public Safety had the worst workers’ compensation record among state agencies over the past five years. The department had $10.8 million in claims and paid premiums totaling $18.4 million. …

Missouri Grand Jury Indicts Former US Fidelis Owners

The brothers who formerly owned one of the nation’s top marketers of auto service contracts have been indicted on charges that include stealing and insurance fraud. Missouri Attorney General Chris Koster on June 15 announced a 14-count indictment handed up …

Texas House Approves Windstorm Insurance Changes

The Texas House approved widespread changes on June 15 to the Texas Windstorm Insurance Association, the organization that insures people who live along the coast. The House passed the bill on a 99-41 vote. The bill must pass a final …

Louisiana Bill Would Help Families of Murdered Investigators

A week after two unarmed Louisiana insurance fraud investigators were shot and killed while looking into a case, state lawmakers are working to give the investigators’ families some compensation. The Louisiana Senate unanimously agreed on June 15 to expand existing …

Agency Proposes Levee Fixes in Southwestern Illinois

The agency tasked with improving Mississippi River levees in southwestern Illinois says it has a five-year, $161 million plan to get the job done. The Southwestern Illinois Flood Prevention District Council revealed the proposal for upgrades to the flood defenses …