Yearly Archives: <span>2008</span>

California Bans Texting While Driving

California Gov. Arnold Schwarzenegger reinforced his commitment to keeping California’s roads safe by signing legislation that prohibits drivers from using text messaging devices while operating a motor vehicle. “I am happy to sign this bill because it further encourages safe …

New Hampshire Insurance Chief Works to Reassure AIG Customers

New Hampshire’s insurance commissioner is working to reassure residents who are insured by AIG, one of the firms being bailed out by the government. Roger Sevigny says AIG’s insurance companies are financially sound, with more in assets than they need …

Texas Workers’ Comp Discount, Interest Rate Set for Q4 2008

The Texas Department of Insurance, Division of Workers’ Compensation has set at 5.22 percent the interest and discount rates provided for in the Texas Workers’ Compensation Act. The new rate is effective Oct. 1, 2008, through Dec. 31, 2008. Source: …

Travelers Offers Enhancements for Boat Repairers Policy

Specialty boat repairers involved in woodworking, deck and hull repair, engine maintenance, canvas and sail repair and many other marine services face the challenge of obtaining affordable insurance that addresses both their marine and non-marine exposures in a seamless fashion. …

Apex Global Partners Acquires Austin’s Global Benefit Solutions

Apex Global Partners announced it has acquired Austin, Texas-based employee benefits broker and human resources consultant, Global Benefit Solutions. Global Benefit Solutions provides health and welfare insurance brokerage and consulting, as well as retirement planning, executive compensation, and human resources …

Geeslin: Too Early to Tell How Much Ike Will Ultimately Cost

Texas’ top insurance regulator told lawmakers on Sept. 24 that the insurance industry estimates there will be around 300,000 claims – including commercial property claims – stemming from Hurricane Ike, which hit the Texas coast on Sept. 13. Around 40 …

West Virginia Supreme Court Hears DuPont’s Pitch for Appeal

In a case that’s caught the eye of Gov. Joe Manchin, West Virginia’s Supreme Court is being asked to accept an appeal of a nearly $400 million judgment against chemical giant DuPont. A Harrison County jury found that DuPont spent …

Federal Investigators Check Highway Under South Carolina Jet Crash

Federal investigators are examining the South Carolina road a Lear jet crossed before crashing shortly after takeoff at Columbia Metropolitan Airport, killing four people and injuring two popular musicians. On Sept. 23 National Transportation Safety Board spokesman Peter Knudson said …

Judge Sides with Polluted Kansas Town Over Big Oil

After three days of deliberation in one of the longest jury trials ever held in Kansas, a jury in January left residents in a southeast city stunned. The panel had decided that the city of Neodesha was not entitled to …

Southeast Coastal Storm to Bring Brisk Winds, Waves

Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for the coasts of North Carolina, Virginia …