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

QBE Launches Packaged Protection for Business Owners

QBE is now offering business owners protection all in one package. Owners of small- to medium-sized companies may now insure their businesses and business vehicles, and provide workers’ compensation to their employees, through QBE’s FlexBiz product. FlexBiz offers tailored rating …

N.J.-Based Selective Insurance Announces 8 Officer Promotions

Branchville, N.J.-headquartered Selective Insurance Group this week announced the following promotions by its subsidiary, Selective Insurance Company of America: Bruce Monahan (Newton, N.J.), to senior vice president, chief audit executive. Monahan joined Selective in November 2007 as vice president of …

Lawsuits Claim Hawaii Homeowners Lost Millions

Lawsuits allege hundreds of Hawaii residents should have received higher prices when selling their homes through nonjudicial foreclosure auctions. Lawyers say the amount of losses in five lawsuits is in the millions. The Honolulu Star-Advertiser reported Tuesday the lawsuits claim …

FEMA Denies Expanded Aid To Fire Victims

The Federal Emergency Management Agency has rejected a request from Gov. John Hickenlooper for expanded aid to uninsured and underinsured property owners who suffered losses in the High Park Fire. Larimer County Manager Linda Hoffmann said Tuesday the federal government …

Groups Sue EPA Over Oil Spill Dispersants

Environmental groups in five states are suing the federal government, claiming Environmental Protection Agency rules on chemical dispersants used in oil spills do not meet clean water requirements. The lawsuit filed Monday in Washington, D.C., claims EPA has not published …

Chevron Response To No. Calif. Refinery Fire Under Criticism

Investigators were looking at how a small, seemingly insignificant leak at one of the country’s biggest oil refineries quickly unraveled into an intense fire that sent acrid black smoke into the sky and hundreds of people to hospitals with health …

N.Y. Man Pleads Not Guilty in Father’s Fake Death Plot

A New York man accused of helping his father try to fake his own death by falsely reporting that the elder man had disappeared while going for a swim was arraigned Tuesday on conspiracy to commit insurance fraud and other …

Storm Damages 21 Homes in Oklahoma’s Comanche County

Authorities say 21 homes in Comanche County were damaged by a summer storm that brought high winds and large hail. The storm moved into the area Tuesday night and authorities said no one was injured. Lightning from the storm sparked …

Louisiana School Board May Cut Costs with Less Insurance Coverage

Cutting property coverage in half could help the Tangipahoa Parish School Board in Louisiana save nearly $60,000 in overall insurance premiums this year. That’s the recommendation from the board’s Finance Committee. The Advocate reports the committee on suggested dropping coverage …

U.S. Judge Puts New Lawsuits Against Banks Over Libor on Hold

A federal judge on Wednesday suspended several new lawsuits that allege banks rigged key interest rates, saying she first needed to sort through the issues in an earlier round of related lawsuits. U.S. District Judge Naomi Reice Buchwald said from …