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

Officials: East Texas Fire Destroyed $2M Worth of Timber

More than $2 million worth of timber was destroyed in June in Jasper County, where thousands of acres were ravaged by just one wildfire. The Powerline Fire burned for more than a week, scorching nearly 4,200 acres, threatening 500 homes …

Minot, N.D., Residents Trickle Back to Flooded Homes

Dozens of Minot, N.D., residents returned to their waterlogged homes on July 6 for the first time since the Souris River breached its banks and inundated much of the city last month, where some cried, overwhelmed by the destruction, and …

Iowa Governor Proposes Downstream Missouri River Group

Iowa Gov. Terry Branstad has urged governors in three states to consider pulling out of a Missouri River association because of the Army Corps of Engineers’ long-term management of the river and what he believes is a tendency to favor …

Wisconsin Gov., Insurance Chief and Others Accused of Breaking Finance Law

Wisconsin state insurance commissioner Ted Nickel and nine other donors to Republican Gov. Scott Walker have been accused of breaking the state’s campaign finance law. Watchdog group the Wisconsin Democracy Campaign filed a complaint June 6 with the Government Accountability …

Farmers Insurance Employees to Get $1.5M in Back Wages

Farmers Insurance has agreed to pay just over $1.5 million in back overtime wages to workers at 11 customer service call centers in Texas and five other states after a U.S. Labor Department investigation. The federal probe found what a …

Liberty Mutual Sues Goldman Over Freddie Mac Investment Losses

Boston-based Liberty Mutual Insurance Co. and several of its subsidiaries have sued investment banker Goldman, Sachs & Co. for “making materially misleading statements and omissions” in a preferred stock offering of mortgage lender Freddie Mac in November 2007. The insurers …

Workers’ Comp Rates for Ohio Marine Industry Employers Decrease 20%

The Ohio Bureau of Workers’ Compensation (BWC) has reduced its rates for marine industry employers by 20 percent, effective July 1, the BWC said. The change lowers the rates for employers conducting business on Ohio waterways that subscribe to the …

Seven Plead Guilty in $1M Poconos Insurance Fraud Case

Seven of nine people charged with cheating health insurers out of more than $1 million have pleaded guilty in county court. The Pocono Record reported on its website Wednesday that seven, including alleged ringleader Judi Grate, 60, of Effort, pleaded …

Pennsylvania Flood Damage Could Top $1M

As cleanup efforts in northeastern Pennsylvania continued, state and federal officials crunched numbers to get a dollar amount on damages from flash flooding that damaged homes and washed out bridges and roads. Damages could be in the millions. A preliminary …

Florida Tweaks Its Workers’ Compensation Law

A variety of changes to Florida’s workers’ compensation law went into effect July 1. Gov. Rick Scott signed into law CS/HB 1087, a catch-all insurance bill that includes changes relating to workers’ compensation policy cancellations, premium audits and prepaid benefit …