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Survivors of Quebec Train Crash to File Class Action Lawsuit

Two residents of the Quebec town of Lac-Megantic, where a runaway train derailed and exploded into a wall of fire that killed 50 people, have launched a class action lawsuit to win compensation for the small community. The plaintiffs, Guy …

Battery in Honeywell Locator May Have Caused 787 Fire: Source

Investigators are looking into whether a fire on a Boeing Dreamliner in London last week was caused by the battery of an emergency locator transmitter built by Honeywell International Inc, according to a source familiar with the probe. Passengers and …

Surge in Brain Trauma Among Young Athletes Spurs Call for Action

A surge in sports-related brain injuries among the youth is pushing U.S. health officials to call for public policy changes after similar safety efforts helped reduce head-trauma deaths from motor vehicle accidents. A 40 percent drop since 1980 in traumatic …

Insurer Group: Colorado’s Black Forest Fire $292.8 Million

The most destructive wildfire in Colorado history caused $292.8 million in insured losses, according to a preliminary report issued on Monday by the Rocky Mountain Insurance Information Association. The estimates include roughly 3,630 homeowner and auto insurance claims being filed …

ACE Expands Catastrophe Capacity in North America

The ACE Group has increased catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. This capacity will be offered through ACE’s network of property businesses, which includes fronting and captive …

Huge Post-Sandy Tax Increases Fail to Materialize

With all the fears that Superstorm Sandy created, here’s one that never materialized: huge tax increases to make up for property destroyed along the coastlines of New Jersey, New York and Connecticut. Waves of federal aid, some strategic borrowing, lowered …

R.I. to Keep Assessment Rate for Workers’ Comp Insurers at 6.75%

The Rhode Island Department of Labor and Training said it is keeping the assessment rate for workers’ compensation insurers unchanged at 6.75 percent for the coming year. The department said this assessment rate has remained level every year since 2008. …

Fraud Fear Raised In California’s Health Exchange

Consumer groups are worried that California’s uninsured could fall victim to fraud, identity theft or other crimes by some of the very people who are supposed to help them. More than 21,000 enrollment counselors will be hired to provide consumers …

USDA Issues Drought Disaster For East Idaho Counties

Federal agriculture officials have issued a disaster declaration for Clark County in eastern Idaho due to a lack of rain for the last two months. The U.S. Department of Agriculture this week also put four other nearby counties up for …

Cameron, Louisiana Adds Firefighters; Expects Lower Insurance Premiums

Cameron Parish Fire District 10 in Louisiana has hired six firefighters and officials say that will improve response to fire calls in Johnson Bayou and Holly Beach and lower fire insurance premiums. District secretary Rhonda Morrison tells The American Press …

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