Monthly Archives: <span>July 2013</span>

NCAA Asks Judge to Toss Paterno Suit Over Sandusky Fine

The National Collegiate Athletic Association asked a judge to dismiss a lawsuit by Joe Paterno’s family challenging penalties levied against Pennsylvania State University and its football program over the Jerry Sandusky sexual-abuse scandal. The family seeks to void a consent …

Study Concludes Arctic Methane Release Could Cost Economy Trillions

A release of methane in the Arctic could speed the melting of sea ice and climate change with a cost to the global economy of up to $60 trillion over coming decades, according to a paper published in the journal …

Gov. Scott Asks Congressman to Oppose Protectionist Reinsurance Tax

Florida Gov. Rick Scott is taking a firm stance against proposals floated in Congress and by the White House that would raise catastrophe insurance rates by limiting the ability of foreign-based insurers and reinsurers to be able to deduct their …

Lawsuit Planned In Fluke Oregon Hospital Fire

The family of a Klamath Falls girl who was burned in a fluke fire at Doernbecher Children’s Hospital in Oregon has notified officials of their intent to sue. The Oregonian reported a letter from a lawyer says hospital staff improperly …

Colorado Senators Push FEMA for Details On Wildfire Mitigation

Two senators are pushing the Federal Emergency Management Agency to detail its efforts to mitigate wildfires. Colorado Democrat Michael Bennet and Idaho Republican Mike Crapo (KRAY’-poh) also want FEMA to identify funding obstacles for current mitigation programs. The senators said …

More Quake Studies for Hollywood Skyscrapers

Los Angeles officials have asked developers of a massive Hollywood skyscraper project to conduct more studies to determine whether it’s earthquake-safe. The request came last week after a USC quake expert voiced concerns. The Millennium project would build two towers …

Connecticut Gov. Malloy: State’s Sandy Relief Plan Earns Federal Approval

Connecticut Gov. Dannel P. Malloy announced the U.S. Department of Housing and Urban Development (HUD) has approved the state’s action plan for disbursing $71.82 million in federal funding to help Connecticut residents, businesses and communities recover and rebuild after Storm …

Investors See Travelers’ Cuts in Auto as Sign Rate Hikes Have Peaked

Travelers Cos.. Inc. said it would cut jobs and reduce prices of auto insurance, steps investors took as an indication that rates had risen too far and competition was increasing. The company’s shares fell 4 percent by midday and shares …

Liberty International Underwriters Names Fusner Senior VP of Primary Casualty

Liberty International Underwriters (LIU), part of Liberty Mutual Insurance, said Kelly Fusner has been appointed senior vice president of LIU’s Primary Casualty product line. Fusner will be responsible for the strategic direction and underwriting performance of LIU’s Primary Casualty business …

Lance Armstrong Seeks Dismissal of False Claims Lawsuit

Lance Armstrong, the former champion cyclist, asked a judge to throw out a lawsuit claiming he defrauded the U.S. by using banned substances in violation of his team’s contract with the U.S. Postal Service. Armstrong, in papers submitted yesterday in …