August 12, 2010
New York arson investigators have determined that a blaze at a Long Island elementary school was intentionally set. Police say witnesses reported hearing a loud explosion and saw several people running from the George Washington Elementary School at about 8:35 …
August 11, 2010
The federal government’s flood insurance program that had mostly been concerned with protecting homes and businesses must now protect salmon and killer whales. Federal fisheries experts have told the Federal Emergency Management Agency that — by underwriting thousands of flood …
August 11, 2010
The state of Vermont can’t collect from a succession of owners of a property in downtown Barre that was polluted by a former dry cleaning shop, the Vermont Supreme Court has ruled. The justices on Friday upheld a lower court’s …
August 10, 2010
If a hurricane hits the Gulf Coast and whips up oil from BP’s massive spill, cleanup workers will not be able to swoop into action to fix the mess. A new Obama administration edict requires that the oil be tested …
August 10, 2010
Record high ocean temperatures and the development of a climate phenomenon known as La Nina will keep the Atlantic hurricane season on track to be the busiest since 2005, according to government forecasters. The National Oceanic and Atmospheric Administration has …
August 10, 2010
The Canadian company whose pipeline ruptured and dumped hundreds of thousands of gallons of oil into a southern Michigan waterway is buying two homes affected by the spill, and several other homeowners are considering buyouts, its chief executive said Sunday. …
August 9, 2010
Exxon Mobil Corp. is suing the United States to recover more than $45 million in clean-up costs at its refining and petrochemical plants in Baytown, Texas, saying the government controlled the facilities during World War Two. Exxon argues it should …
August 9, 2010
BP reports it has established a trust and made a $3 billion initial deposit of the previously-announced $20 billion escrow account to pay claims arising from the Deepwater Horizon oil disaster in the Gulf of Mexico. “The purpose of the …
August 6, 2010
American International Group Inc. reported better-than-expected quarterly results Friday and said it had started talks on disentangling itself from the U.S. government, sending its shares up 3.6 percent in premarket trading. The insurer, which is nearly 80 percent-owned by the …
August 5, 2010
The Florida Insurance Council¹s (FIC) Executive Board announced today that it has selected Cecil Pearce as the trade association¹s new president. He will succeed Guy Marvin, who announced his retirement earlier this summer. Pearce joins FIC from the American Insurance …