Monthly Archives: <span>February 2014</span>

Massachusetts Bill Seeks to Create ‘Coastal Buyback Program’

A bill filed in Massachusetts Legislature last week would create a “coastal buyback program” allowing the state to purchase land that is repeatedly threatened by damaging tides or is located in flood plain areas. The program is part of a …

Seattle’s Super Bowl Score on Safety Costs Alabama Store $70K

Customers of a Birmingham-area jeweler are getting about $70,000 in refunds because of the Super Bowl. Jeff Dennis Jewelers in Gardendale ran a promotion offering a cash refund on purchases if either Denver or Seattle scored a safety during the …

West Virginia Agencies Join Lawsuit Alleging Pain Pill Abuse

Two West Virginia agencies are joining a lawsuit against an Ohio drug company, alleging its negligent practices have helped fuel the state’s pain pill abuse epidemic. The Department of Health and Human Resources and the Department of Military Affairs and …

Preliminary Flood Insurance Rate Maps Released for 2 N.J. Counties

The Federal Emergency Management Agency (FEMA) on Monday released Preliminary Flood Insurance Rate Maps (FIRMs) for New Jersey’s Middlesex and Monmouth Counties that reflect the latest refinements to the ongoing analysis of flood hazards. FEMA said this release is the …

Keep Away from Small Farms, Lawmakers Tell Safety Agency OSHA

Small farms have been off-limits to the federal agency that oversees workplace safety for decades. But lawmakers in North Dakota and other states have grown sufficiently concerned that they’re warning the Obama administration to keep regulators away from family farms …

Judge Dismisses Kmart’s Mississippi Flood Damage Suit Against Kroger

A federal judge has dismissed Kmart Corp.’s lawsuit over flood damage to one of its stores in Corinth. U.S. District Judge Glen Davidson ruled that Kmart has insufficient evidence to support its arguments that the Kroger Co. store in Corinth …

Key House Republicans Oppose Delaying Flood Insurance Increases

The effort to delay huge increases in insurance premiums for homeowners in flood-prone areas faces a skeptical House chairman who is largely standing behind the changes Congress oversaw in the nation’s flood insurance program less than two years ago. Rep. …

Farm Bill Keeps Lawmakers’ Own Crop Insurance Payouts Secret

Crop insurers successfully lobbied to keep several proposals out of the farm bill set to pass the U.S. Congress today — such as a requirement that would have forced farmer-lawmakers to disclose benefits they receive. Senate Clears Farm, Crop Insurance …

Doha’s Q-Re Reports Strong Growth in January Renewals

Doha-based Q-Re announced that it expects to write approximately S$269 million of property, casualty and specialty lines premiums from the January 1 renewals. “On a constant foreign exchange basis, this volume represents an increase of 43 percent from the 2013 …

Munich Re Raises Dividend as Profit Beats Estimates