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

Tropical Storm Warning Issued for Texas Coast

The National Hurricane Center has issued tropical storm warnings and watches for areas along the Texas coast after the formation of Tropical Storm Don just north of Mexico’s Yucatan peninsula. As of 10 a.m. on July 28, a NHC bulletin …

Mass. Gun-Maker to Pay $600K in Gun-Death Lawsuit

A Massachusetts gun-maker has agreed to pay nearly $600,000 to the families of one man who was killed and another man who was wounded in a shooting involving a gun allegedly stolen from the company, a national gun-control group announced …

Gay Nuptials Unveil Financial Boon for N.Y. Services

A lot of people are happy to see same-sex marriage legal in New York: lawyers, marriage counselors, insurance agents. The effect of New York becoming the sixth state to allow gay marriage is expected to ripple beyond the couples tying …

California Man Gets 70-Month Prison Term for Insurance Fraud

A federal judge in New Jersey has sentenced a California man to 70 months in prison for conspiring to sell bogus liability insurance policies. Ronald Allen of North Hollywood, Calif., was convicted in December following a seven-day jury trial. Prosecutors …

State Farm to Reduce Size of N.J. Operations Center

State Farm Insurance Company says it plans to reduce the size of a New Jersey operations center, sending about 500 jobs to New York and Pennsylvania. The company said it intends to downsize its Parsippany office over the next two …

14 Mining Deaths Reported Thus Far in 2011

Federal mine safety regulators said that eight miners have been killed in coal mining operations, and six in the metal and nonmetal sector this year through the end of June. The U.S. Department of Labor’s Mine Safety and Health Administration …

Mississippi Fire Departments Share $15M Insurance Tax Proceeds

Fire departments around Mississippi this week are receiving checks for their share of $15.3 million in state fire insurance rebate money. For example, the departments in Lee County are sharing $438,573. The money comes from a tax paid on fire …

Florida Resurrects Insurance Rate Comparison Web Site

Florida residents will soon have a Web site tool to help them compare homeowners insurance coverage. The Florida Office on Insurance Regulation is launching an interactive computer program called the Consumer HomeOwners Insurance Comparison Electronic System, or CHOICES. Consumers can …

Contractor Will Not Increase Fund for LA Train Crash Victims

A contractor that employed the engineer blamed for the deadly 2008 crash of a Metrolink commuter train in Los Angeles won’t add more money to a $200 million victim’s compensation fund. Veolia Environment rejected a request by California’s congressional delegation …

Markel to Launch Dutch Operation

Specialty insurer Markel International is preparing to open a branch office in Rotterdam this September. It will be Markel’s first Dutch office. The new business will be called Markel International Netherlands, which follows the example of the company’s existing operations …