Yearly Archives: <span>2008</span>

New York City Facing $497 Million in Claims from Crane Mishap

New York City has received more than $497 million of claims for personal injury, property damage and wrongful death due to a construction crane collapse on Manhattan’s East Side on March 15, the city comptroller said on Friday. The 90-day …

South Carolina Governor Nixes Sprinkler Bill

South Carolina Gov. Mark Sanford vetoed a proposal that would have given tax breaks for installing fire sprinklers — a measure approved after a Charleston furniture store blaze that killed nine firefighters in 2007. The Republican governor said in a …

S&P Comments on Potential Impact of Ambac, MBIA Downgrades

Standard & Poor’s Ratings Services has released an analysis of its downgrades of monoline bond insurers MBIA Insurance Corp. and Ambac Assurance Corp. S&P’s report – “Who Will Feel The Downgrades Of MBIA And Ambac, And By How Much-” indicates …

Oregon Jury Awards More than $14.5 Million in Patent Dispute

A federal jury ordered a medical equipment manufacturer to pay more than $14.5 million in a patent infringement dispute that involves a device invented by a Portland, Ore. physician. Dr. John O. Hayhurst and Smith & Nephew hold a patent …

Arizona Man Seeks Reimbursement after Rain Ruins Graduation, Jacket

A man filed a claim with the Gilbert Public Schools district after his son’s high school graduation — and his own jacket — were ruined by rain at the outdoor ceremony last month. Kirk Gossett is asking for $400 in …

New York and German Regulators Sign Insurance Pact

Insurance officials in New York and Germany have inked a deal to work together and more closely share regulatory information. The agreement is the basis for a memorandum of understanding signed yesterday by New York Insurance Superintendent Eric Dinallo and …

Indiana Flood Victims Scrape Out Homes, Consider Recovery Plans

DeWayne Warrick had built a waist-high pile of ruined chairs, couch cushions and other furniture on the curb outside his home. He topped it with a sizable collection of stuffed animals and a pink Dora the Explorer miniature chair that …

Northern California Wildfires Forces Hundreds to Flee Homes

Firefighters struggled to gain control of a series of wind-driven wildfires burning across Northern California, including a raging forest fire that forced hundreds to flee their homes in the Santa Cruz Mountains. The fast-moving blaze in the Bonny Doon area, …

Hundreds of Trucks Taken off Georgia Roads for Safety Violations

Georgia officials grounded 245 commercial trucks as part of a 72-hour inspection effort. The Motor Carrier Compliance Division of the Georgia Department of Public Safety conducted the inspections between June 3 and June 5. Public Safety Commmissioner Col. Bill Hitchens …

Texas Chemical Plant Explosion Leaves 1 Dead, 6 Injured

An explosion at a Goodyear chemical plant in Houston killed a worker and injured six others on June 11. The body of the worker, whose name was not released, was found under debris about seven hours after the 7:30 a.m. …