Monthly Archives: <span>April 2011</span>

Firefighters in Texas Continue Battle, Worry About Weather

Firefighters continued to make gradual progress containing massive, wind-whipped wildfires that raged across Texas on April 23, while expressing worry that a change in the weather early next week could spark a new outbreak. West Texas firefighters rushed to finish …

St. Louis Cleaning Up After Tornado Hits Airport, Local Communities

Flights began departing the St. Louis, Mo., airport on April 24 for the first time since a tornado struck two days earlier. Departures began Sunday morning at Lambert Airport, even as cleanup continued. The C concourse remained closed, but airport …

2nd Wash. House Workers Comp Floor Motion Fails

Washington Republicans attempted again a procedural motion on the House floor that would have allowed a vote on a Senate bill establishing the option of settlements to workers compensation, but failed to get the votes necessary. The motion was defeated …

Tornadoes Confirmed in Oklahoma, Arkansas

The National Weather Service has confirmed at least three tornadoes touched down in Oklahoma in the night on April 22 as a line of fierce storms passed through the state, and although power was knocked out to about 1,700 people, …

Anonymous Donor Buys Insurance for Oklahoma Kangaroo

An anonymous donor has purchased a $50,000 insurance policy to help an Oklahoma woman keep her pet kangaroo as a therapy pet. The Broken Arrow City Council is considering an exotic animal ordinance exemption that would allow Christie Carr to …

P/C Premium Growth Not Enough for Market Turnaround: Conning

The property/casualty insurance industry can expect premium growth of between 3 and 4 percent in 2011, and about 5 percent for the following two years, according to a forecast from analysts at Conning Research & Consulting. Premium growth rates for …

Georgia Passes Bill Regulating Insurance Certificates

Georgia Gov. Nathan Deal is expected to sign into law a bill requiring that certificate of insurance forms be filed with and approved by the state insurance commissioner. Agent groups and insurance companies have had longstanding problems with certificates that …

High Stakes in Today’s Supreme Court Case on Securities Fraud Suits

The U.S. Supreme Court on Monday is set to hear arguments in a case that could dramatically raise the bar for shareholders seeking to file class-action lawsuits against public companies. The issue is especially timely, because dozens of shareholder class …

Insurers Receive Hundreds of Tornado Claims in Virginia

Property owners in Virginia have submitted hundreds of claims to insurers for damage caused by recent tornadoes. The Virginian-Pilot reports that State Farm Mutual Automobile Insurance Co. received about 400 claims by Wednesday morning. Nationwide Mutual Insurance Co. received 130 …

Feds Charge 16 in Pennsylvania Identity Theft Scheme

Federal authorities say they’ve broken up an identity theft ring involving two bank tellers and an insurance company employee. Justice Department officials tell WPVI-TV that 16 people face charges in the operation that targeted at least a hundred people over …