Monthly Archives: <span>October 2014</span>

California Malpractice Proposition Hit by Polls, Studies, Spending

Two recent studies say a proposition on California’s November ballot to raise the pain and suffering cap for medical malpractice lawsuits will increase medical costs and malpractice premiums. The studies and heavy advertising by the opposition to Proposition 46, the …

PCI Elects Erie’s Cavanaugh As Chair

The Property Casualty Insurers Association of America (PCI) elected new officers to its board of governors during its annual meeting this week in Scottsdale. Terrence W. Cavanaugh, president and CEO of Erie Insurance Group, was elected as PCI’s chair; Jim …

Space Station Supply Rocket That Exploded Insured for $50 Million

Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and equipment bound for the International Space Station. The 14-story Antares rocket, …

Feds: Engineer’s Sleepiness Caused Bronx Commuter Train Derailment

A sleep-deprived engineer nodded off at the controls of a commuter train just before taking a 30 mph curve at 82 mph, causing a derailment in the Bronx in New York City last year that killed four people and injured …

NYC Flood Zone Properties’ Value Rose to $129B Under New FEMA Maps

The assessed value of properties in New York City that lie within Federal Emergency Management Agency’s (FEMA) newly proposed 100-year floodplain maps is $129 billion, more than double the value under previous floodplain maps, according to a new analysis. The …

Oklahoma Judge Throws Out Lawsuit over Earthquake, Disposal Wells

A judge has thrown out a lawsuit over an earthquake that injured a woman, finding that the case should instead be heard by the Oklahoma Corporation Commission. In August, Prague resident Sandra Ladra filed a lawsuit against the operators of …

Dollar Tree Stores Recently Fined $262K for Safety Hazards in Texas

National discount chain Dollar Tree Stores Inc., based in Texas, has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration for willfully and repeatedly exposing workers to serious hazards at its store in Watauga, Texas. Proposed …

South Carolina Liquidating Commercial Auto Insurer First Keystone

The South Carolina Department of Insurance last week declared an insurer that specialized in providing commercial auto insurance to be insolvent and the insurer is now being liquidated. The First Keystone Risk Retention Group Inc. wrote taxis and other commercial …

Texas Workers’ Comp Division Seeks Presenters for Safety Summit

The Texas Division of Workers’ Compensation (DWC) is seeking presenters for its 19th Annual Workplace Safety and Health Conference, the Texas Safety Summit, which will be held in Austin on May 19-21, 2015. The statewide conference is open to all …

Human Factor, Culture Often Overlooked in Climate Debate, Expert Says

When Hurricane Sandy came, Deborah Star Reed stayed home. Irene, the year before, had been over- hyped. Her 1919 concrete house in New York was left unscathed by Donna in 1960 and the “Big One” of 1938. So, on Oct. …