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

Oklahoma Tribes Exploring Opportunities in Insurance Industry

Oklahoma Insurance Commissioner John Doak told state lawmakers and tribal leaders that he welcomed a partnership with Oklahoma tribes to create additional insurance opportunities for all Oklahomans, according to an an announcement released by the House media services. “We look …

Texas Landowners Take a Rare Stand Against Big Oil

Oil has long lived in harmony with farmland and cattle across the Texas landscape, a symbiosis nurtured by generations and built on an unspoken honor code that allowed agriculture to thrive while oil was extracted. Proud Texans have long welcomed …

Illinois Infant Formula Maker Sued After Baby’s Death

The families of a three babies sickened by a rare bacterial infection, including a 10-day-old Missouri infant who died, filed a lawsuit against the Illinois-based manufacturer of a powdered baby formula that they believe is responsible. The lawsuit contends the …

Fire Damage at Wisconsin’s Largest Dairy Farm Costly

A fire has damaged Wisconsin’s largest dairy farm. WLUK-TV reports the fire tore through one of the barns at Rosendale Dairy near the Fond du Lac-Winnebago County line around 2:20 p.m. on Oct. 16. Bill Harke is a spokesman for …

Deadlines Near for Isaac Flood Claims

Most property owners whose homes or other structures were damaged during Hurricane Isaac have approaching deadlines for filing claims for their flood-related losses. Most of these claims are due in the upcoming two weeks as the National Flood Insurance Program …

Electric Insurance Acquires Renewal Rights for Millers First Personal Lines

Beverly, Mass.-based Electric Insurance Co. has entered into an agreement for renewal rights to preferred personal lines business of Millers First Insurance Co. and Millers Classified Insurance Co. (collectively “Millers First”) in the Midwest. The transaction allows Electric Insurance to …

Express Scripts Tackles Physician-Dispensed Drug Costs Under Workers’ Compensation

Express Scripts, a nationwide prescription manager of more than a billion prescriptions each year, has created a new program to help workers’ compensation payers save money on medications. The new product is based on the findings of a pilot study …

Travelers Profit Soars to $864M in Q3 as Catastrophe Losses Fall

The Travelers Companies Inc. reported today $864 million net profit for the third quarter — up 159 percent from the same period a year ago when the insurer posted a $333 million profit. Travelers’ latest earnings were boosted by lower …

Lawsuit Over Fatal Washington Goat Attack Dismissed

A judge has dismissed a widow’s lawsuit against the federal government over her husband’s death in a mountain goat attack at Olympic National Park in Washington two years ago. U.S. District Judge Robert Bryan dismissed most of Susan Chadd’s claims …

Conservation Groups Sue California Agency Over Fracking

Conservation groups are suing California’s oil and gas drilling regulators over hydraulic fracturing, charging officials with failing to properly study the practice’s environmental impacts. The lawsuit filed Tuesday in Alameda County Superior Court charges the California Department of Conservation, Division …