Monthly Archives: <span>March 2008</span>

Singapore Air Again Grounds A380 for Fuel Pump Fault

Singapore Airlines said on Wednesday that it had to ground an Airbus A380 on Monday and transfer passengers to two smaller Boeing 747s bound for Sydney, after a fuel pump failed to work. This was the fourth incident in three …

Kansas House Gives First-round Approval to Health Care Bill

A health care bill that provides a year’s worth of state aid to help poor families buy insurance won first-round approval earlier this week in the House. The measure also includes provisions designed to make insurance less costly for workers …

Georgia Woman Wins $8.8 Million against Jacksonville Hospital

A Jacksonville, Fla. hospital must pay $8.8 million in a malpractice suit filed by a diabetic Georgia woman who says the hospital didn’t administer insulin. The jury awarded the money to Shirlyn Gallagher of Blackshear, Ga., on March 22. Gallagher …

Alabama Homeowners Insurance Rates Soar

Homeowners insurance rates in Alabama jumped by 69.1 percent between 2001 and 2005 – the second-largest rise nationally – despite the fact that Alabamians have lower incomes and are typically insuring less expensive homes than in most other states. According …

Insurers Say South Carolina Storms Caused at Least $43M in Damage

Insurers say estimated damage in South Carolina from severe weather earlier this month has increased to $43 million. The South Carolina Insurance News Service said Monday that more than 11,000 insurance claims had been reported as a result of the …

Feds and State Open 2 Disaster Recovery Centers in Atlanta

Two disaster recovery centers are open in Georgia to assist Fulton County and Jefferson County individuals, households and businesses affected by the March 14-16 severe storms and tornadoes. Officials said the centers will be open and operating daily from 8 …

4 Georgia Teens Charged in Arson of Vacant Building in Tennessee

Chattanooga fire investigators arrested four juvenile girls from Georgia on charges of setting fire to a vacant building. A Fire Department statement said no one was injured in the March 20 fire at the former Old Narrow Bridge Restaurant in …

Renaissance Alliance Adds 1 Conn., 5 Mass. Insurance Agencies to Group

The Wellesley, Mass.-based insurance organization Renaissance Alliance reports it has added six independent agencies representing $36 million in additional premium to its group. The new member agencies include five in Massachusetts: Quinn of Lynn Insurance, Lynn; Lawler Insurance Agency, Inc., …

Austin Mutual Adds Employment Practices Liability Insurance

Minneapolis, Minn.-based Austin Mutual Insurance Co. recently announced that it had added Employment Practices Liability Insurance (EPL) to its businessowners program The company said that the added EPL insurance will be offered to eligible businessowner clients, making coverage and risk …

Rocky Mountain-Based Insurance Pro Joins Mystic Capital

New York (March 26, 2008) – As Mystic Capital Advisors Group, LLC continues to grow, the investment banking firm is delighted to announce the newest member of its team: Stan Moore. An insurance expert with nearly 35 years of industry …