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

S&P Sees Limited Impact on Insurers from Irene

Standard & Poor’s Ratings Services said it expects a somewhat limited impact from Hurricane Irene on U.S. property/casualty insurers and global reinsurers, based on preliminary insured loss estimates. “We do not believe that the magnitude of this event is such …

Florida Targets Check Cashing Firms for Aiding Workers’ Comp Fraud

Florida officials, law enforcement officers and trade groups are lining up in an effort to stop checking cashing companies from facilitating workers’ compensation fraud in the construction industry. Headed up by Chief Financial Officer Jeff Atwater, officials held the first …

Lawyers Claim Montana Workers’ Compensation Investigators Violate Privacy

Two Billings attorneys are asking the Montana Supreme Court to stop workers’ compensation investigators from practices that they say violate the privacy rights of workers’ comp claimants. The Billings Gazette reported that Gene Jarussi and Michael Eiselein, along with 10 …

West Virginia Jury Awards $7 Million in Electric Plant Explosion Death

A West Virginia jury has awarded $7 million in damages to the family of a worker killed in a 2007 explosion at an American Electric Power plant in Ohio. A Marshall County jury found AEP and subsidiary Ohio Power Co. …

North Carolina’s Hickory Point: Small Towns, Big Floods

For Mavis Powers, a lifetime of work and keepsakes were washed away when Hurricane Irene drove a 13-foot storm surge up Muddy Creek and through her home. The 77-year-old doll maker and collector held her head Sunday as she assessed …

Oregon Wildfires Threaten Homes

Weather conditions improved for firefighters trying to contain a 45,000-acre grass fire in central Oregon, after red flag warnings expired. A dispatcher at the Central Oregon Interagency Dispatch Center in Prineville said Monday morning there were no flare-ups or problems …

Tobacco, Poultry Among North Carolina Farm Losses from Irene

North Carolina farmers felt the financial weight of Hurricane Irene’s winds and heavy rains Sunday as inspections following the storm revealed damage to field crops, poultry and other agricultural businesses. State political and agricultural leaders touring eastern North Carolina the …

With FEMA Running Low on Funds, Irene Revives Budget Battle

Washington’s never-ending budget battle threatened to snarl the recovery from Hurricane Irene as a top Republican said Monday that any federal aid will have to be offset by spending cuts elsewhere. “Yes there’s a federal role, yes we’re going to …

Irene Blamed for 38 Deaths; $20 Billion Economic Loss; Worst Flooding in Decades

New Jersey and Vermont struggled with their worst flooding in decades Monday, a day after Hurricane Irene slammed an already soaked U.S. Northeast with torrential rain, dragging away homes and submerging neighborhoods underwater. The massive storm churned up the U.S. …

Vermont Flooding from Irene Take Its Toll: 3 Lives; Homes, Businesses Destroyed

Vermont residents surveyed washed out roads, swept-away bridges and destroyed homes and businesses Monday after a weakened Hurricane Irene brought the state’s worst flooding in 80 years. Three people were killed in flooding kicked off by the storm’s heavy rains …