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

American Apparel Settles California Worker Death Suit For $1M

American Apparel will pay $1 million to settle a lawsuit over the death of an employee in a knitting machine accident. The Orange County district attorney’s office announced the settlement Tuesday. The worker’s daughter will receive $150,000 of the money …

Beacon Hill Names Senior Account Executive in Colorado

Beacon Hill Associates Inc. has tapped Tim Morgan to develop its Rocky Mountain region of the country. Morgan will be based in Denver, Colo. and he will manage new business brokerage opportunities and growing the company’s agent base in this …

New Insurance Program Meant to Boost North Dakota Ag Exports

North Dakota officials are touting a new export program designed to help farmers increase sales and minimize their risk. The program authorizes the Bank of North Dakota to provide insurance coverage of not less than 90 percent on bulk commodity …

Lack of Liability Insurance Leads to Shut Down of Michigan Police Department

Officials in a small Saginaw County village have shut down their police department until it gets liability insurance. The Saginaw News reports the Oakley Board of Trustees voted 5-1 on Sept. 9 to disband the force of about a dozen …

Dewhurst to Lawmakers: How About Shutting Down Texas Windstorm Insurer?

Texas Lt. Gov. David Dewhurst has asked state lawmakers to consider shutting down a windstorm insurance provider for coastal Texans. Dewhurst asked a state Senate committee to look at phasing out the Texas Windstorm Insurance Association. Dewhurst said if Texas …

Florida Study Finds Recreational Fishermen Lost $585M in Gulf Oil Spill

Recreational anglers who normally fish in the Gulf lost up to $585 million from lost fishing opportunities in the year of the Deepwater Horizon oil spill and could be entitled to compensation, according to a new University of Florida study. …

Turbulent Pacific Hurricane Season Contrasts with Calm Atlantic

For all the Atlantic Ocean’s composure this hurricane season, the eastern Pacific is turbulent after already producing its 15th storm. Tropical Storm Odile formed southwest of Lazaro Cardenas, Mexico, yesterday, almost a full month before its 15th storm formed last …

Atlantic Hurricane Season Peaks with No Named Storms

The statistical peak of the Atlantic hurricane season has arrived and for the first time since 2000 there isn’t a named storm in the basin. While forecasters are watching a pair of potential candidates, neither is likely to grow into …

Tropical Storm Odile in Pacific Threatens Mexico

Tropical Storm Odile off the west coast of Mexico is forecast to become a hurricane tomorrow. Odile, with top winds of 50 miles (80 kilometers) per hour, was 210 miles southwest of Lazaro Cardenas, Mexico, moving west at 2 mph, …

Accountants to Face Malpractice Claims in Alabama’s Colonial Bancorp Failure

Accounting firms PricewaterhouseCoopers and Crowe Horwath must face a lawsuit accusing them of professional malpractice and breach of contract for not catching a fraud that led to the 2009 collapse of Colonial Bank, a federal judge has ruled. Filed in …