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Insurance not an Easy Sell for Laptop Computers in South Dakota Schools

Fewer than a quarter of the parents of children in the Sioux Falls, S.D., school district who have received laptop computers have bought insurance, though officials say a change in the policy might prompt more to sign up. The insurance …

Flood Weary New Mexico Keeps Eyes On Rivers, Dams

Forecasters says there’s a potential for flash flooding and river flooding as more rainfall is expected across much of northern and central New Mexico well into late this week. The National Weather Service says the potential for flooding is strongest …

Texas A&M: Lessons We Learned From Hurricane Ike

Sept. 13 marked the fifth anniversary of the landfall of Hurricane Ike on the Texas coast. Despite its Category 2 ranking when it hit, Ike caused more than $30 billion in damage and the lessons learned from it could be …

AP Report Claims More Than 100 Kentucky Bridges At Risk

More than 100 Kentucky bridges have advanced deterioration and are at risk of collapsing, federal records show, and the head of the state’s transportation agency blames the situation largely on increased, heavier traffic since the bridges were built. The Associated …

Officials Defend Safety of West Virginia Bridges After AP Report

State highway officials say West Virginia’s bridges are safe despite dozens that are both in disrepair and at risk of collapse if hit hard enough in the wrong place. An Associated Press review of federal records found that 178 West …

Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec

Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge attacks out of China in recent …

Ex-Republican Crist Expected to Run For Governor in Florida as Democrat

Charlie Crist hopes that the hug that hurt him becomes the hug that now heals him. Democratic President Barack Obama embraced Crist, then Florida’s Republican governor, at a 2009 rally. Republican Marco Rubio used the image to successfully chase Crist …

Hudson, C&F Shift D&O and E&O Business

Hudson Insurance Group and Crum & Forster, both owned by Fairfax Financial Holdings Ltd., announced a strategic realignment of their directors and officers (D&O) and management liability business. C&F will transfer the following lines to Hudson’s Financial Products unit: public, …

D&O Lawsuits by FDIC on Record-Setting Pace: Cornerstone Research

This year’s Federal Deposit Insurance Corp. (FDIC) litigation over failed financial institutions is already exceeding that of the previous three years. According to a new report by Cornerstone Research — Characteristics of FDIC Lawsuits against Directors and Officers of Failed …

Seven Straight Years of Reserve Releases: Fitch

Property/casualty industry prior-year loss reserves have developed favorably for seven straight calendar years, according to a report from Fitch Ratings, which also said the industry’s reserve position remains adequate overall. Fitch Ratings found the industry reserve position to be adequate …

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