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Scientists Update California Tsunami Maps

Scientists have released updated tsunami maps pinpointing California coasts vulnerable to giant waves generated by an undersea earthquake. Previous hazard maps only covered select coastal communities and focused on flooding risks from locally occurring temblors. The second-generation maps, released Thursday …

NYSIF’s Gleason Honored by New York Claim Association

New York State Insurance Fund Deputy Executive Director Thomas Gleason has been honored with an award for excellence from the New York Claim Association (NYCA). The award, which was presented during a dinner earlier this month, recognizes service to the …

Former Agent in S. California Arrested for Identity Theft

California Insurance Commissioner Steve Poizner today announced that James Alfred Morris, 66, of Covina, has been arrested and charged with eight felony counts of identity theft and six felony counts of grand theft after allegedly stealing a man’s identity in …

Store Shooting Case Tests Mississippi Cap on Civil Damages

Before Mississippi lawmakers passed tort reform that limited damages in civil litigation, Ronnie Lee Lymas’ lawsuit against the store where he was shot wouldn’t have gotten much attention. That’s anything but true now: The case is being characterized as a …

Experimenting Workers Start Pennsylvania Candy Company Fire

Experimenting workers at a western Pennsylvania candy company started a fire that left one employee injured. The blaze broke out Thursday evening at the New Castle Candy Company. Fire officials say employees were experimenting with heating up oil when it …

$4.7M Settlement in Pennsylvania Convention Center Collapse

The authority that operates Pittsburgh’s David L. Lawrence Convention Center is getting $4.78 million from firms to settle claims over a floor collapse. In February 2007, a concrete slab crashed to a walkway about 30 feet below when a tractor-trailer …

AAIS Offers New Homeowners Rating Plan for Earthquake Coverage

The American Association of Insurance Services (AAIS) has initiated a countrywide filing of a new earthquake rating plan under its Homeowners Program. The earthquake plan, which consists of self-contained manual supplements, is available for use by any homeowners insurer, including …

U.N. Climate Talks End ‘With a Bare Minimum’ Agreement

U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the conference’s original goals. “Finally we sealed a deal,” U.N. …

Ohio Workers’ Comp Board Adopts New Provider Fee Schedules

The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors has adopted new fee schedules that will increase overall reimbursements to Ambulatory Surgical Centers (ASC) and Vocational Rehabilitation providers that treat injured workers. The new fee schedules will increase payments …

Allianz, ThyssenKrupp CEO’s Warn of New Market Bubbles

The chief executives of Allianz, Europe’s biggest insurer, and ThyssenKrupp, Germany’s biggest steelmaker, have warned of new bubbles that they see developing in global markets. “You know why nothing has changed? There is a lot of cheap money out there. …

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