May 19, 2008
One account said that the tornado that hit Seneca, Mo., was a mile wide and traveled 60 miles on the ground before starting to dissipate. On May 4, 2008, the residents of Greensburg, Kan., remembered the anniversary of the tornado …
May 19, 2008
Studying balloons’ payload could be first step toward programming Doppler radar to recognize tornado debris Three hot-air balloons dropped asphalt shingles, lumber, sticks, leaves and pine needles onto a north Alabama landfill, so scientists at the University of Alabama in …
May 19, 2008
$1.5 Billion The Texas Windstorm Insurance Association is asking the Texas Department of Insurance for the go-ahead to purchase $1.5 billion in catastrophe reinsurance coverage over a retention of $600 million. TWIA is aiming to build up protection for $2.3 …
May 19, 2008
Storms have caused more than $3 billion in damages this year, insurance group says As the town of Picher, Okla., began to climb out of the wreckage of the deadly tornadoes that swept across Southeastern Oklahoma, Missouri and beyond over …
May 19, 2008
Arkansas Workers’ comp premium rates in Arkansas will continue on the declining path they have followed since the state passed workers’ compensation legislative reform in 1993, when a 12.8 percent rate decrease takes effect on July 1, 2008. Arkansas Insurance …
May 19, 2008
Oklahoma Gov. Brad Henry in mid-May vetoed lawsuit reform legislation he said conflicts with an Oklahoma Supreme Court decision on a similar bill that the court found unconstitutional two years ago. Henry vetoed the measure two days after it passed …
May 19, 2008
Unfunded Mandates “Bear in mind, all of these regulatory efforts must be funded — at the expense of the states and at the expense of Main Street insurance agents.” —Kenneth R. Auerbach, president-elect of the National Association of Professional Insurance …
May 16, 2008
Oklahoma Attorney General Drew Edmondson’s office is warning consumers in areas battered by recent storms to beware of fraudsters seeking to take advantage of storm weary property owners. Investigators in the AG’s Consumer Protection Unit are in northeastern Oklahoma offering …
May 15, 2008
State and federal officials toured Picher, Okla., which was ravaged by a tornado on May 10, and essentially drilled the final nail into its coffin. Any financial aid sent to the 800-person community, they said, will only help people relocate, …
May 14, 2008
MyNewMarkets.com users will soon notice changes in the information included on the Web site and available for use. MyNewMarkets.com will soon inaugurate an analysis and technical content database with its first coverage analysis white paper. In addition to coverage analysis …