Monthly Archives: <span>March 2012</span>

Appeals Court Upholds Corps’ Liability in Katrina Flood Ruling

A federal appeals court has upheld a judge’s landmark ruling that the Army Corps of Engineers is liable for property owners’ claims, agreeing the shoddy work on a shipping channel caused billions of dollars in damage from Hurricane Katrina’s storm …

Missouri Senator Pushes for Changes to Homeowners Insurance

After the powerful tornado tore through his southwest Missouri hometown in May 2011, Joplin resident Chuck Surface said he and his wife had to not only rebuild, but spent several weeks trying to figure out how much all the property …

Montana Department of Labor Loses Lawsuit Over Firing

A jury has awarded the former executive director of the Montana Board of Nursing $160,000 in a wrongful discharge lawsuit against the Montana Department of Labor and Industry. The Lewis and Clark County jury on Friday took less than four …

Shell Files Pre-Emptive Offshore Drilling Lawsuit

Shell Oil Co. is taking the offensive against environmental groups that have put legal roadblocks in the company’s path to offshore drilling in the Arctic Ocean. The Houston-based company on Wednesday sued 11 Alaska Native or environmental organizations that have …

Montana Reaches $1.6 Million Settlement with Exxon over Pipeline Spill

Officials in Montana have finalized a $1.6 million settlement with Exxon Mobil over an oil pipeline break that spilled 1,500 barrels of crude into the scenic Yellowstone River. The agreement between the Texas-based company and the state’s Department of Environmental …

Ratings Recap: CIS (Panama), Guild, Eurasia, Halyk-Kazakhinstrakh

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Panama’s Compania Internacional de Seguros S.A. (CIS), both with stable outlooks. Best said the ratings recognize CIS’ “consistently favorable operating results, …

Another Bad Year For Arizona Wildfires Could Return

Conditions that pushed fire through a million acres of Arizona grassland and forest last year could return this spring to Southern Arizona. The warnings are out, and some early fires have already proved difficult to manage. Some places are obviously …

Florida House Passes PIP Fraud Bill

A bill aimed at cracking down on rampant fraud in the state’s personal injury protection insurance was passed Friday in the Florida House of Representatives. The bill (HB 119) was approved largely along party lines on an 85-30 vote. It’s …

Report Raps Connecticut Utility Over Oct. Storm Response

A report commissioned by Northeast Utilities says subsidiary Connecticut Light & Power did not fully recognize the risks of the weather forecast about 36 hours before a destructive October snow storm and failed to aggressively pursue help from other utilities. …

Court Blocks Drug Enforcement Against Florida’s Cardinal Health, CVS

A U.S. appeals court has agreed to temporarily allow Cardinal Health Inc. to continue distributing strictly-controlled prescription drugs from a Florida facility, blocking a Drug Enforcement Administration order to suspend shipments. The U.S. Court of Appeals for the District of …