Monday 6 February 2012

Daily Headlines: Monday, February 6, 2012

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Claims Journal Daily Headlines
February 6, 2012
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Today's Headlines

National

Federal Insurance Office Says Overdue Regulation Report Still Weeks Away

The Treasury Department's Federal Insurance Office was expected to complete and send its highly anticipated report on modernization of ...

Survey: P&C Insurers Expand Usage of Predictive Modeling

Predictive modeling continues to gain momentum among North American property & casualty (P&C) insurers, according to findings from ...

State Farm Reports 3000 Job Openings

State Farm reports nearly 3,000 openings across the United States and Canada. State Farm's commitment to creating innovative products to ...

U.S. Mutual Fund Workers Denied Whistleblower Cover

A U.S. law protecting whistleblowers at publicly traded companies does not cover employees of mutual funds, a federal appeals court ruled ...

Updated Earthquake Risk Assessment Required at Nuclear Plants

Nuclear plants throughout the central and eastern United States must be reassessed within four years to determine how well they might ...

Five Easy Steps to Revising Template Letters

If your claims department is typical, you have a lot of template letters that adjusters count on. The problem may be that these letters are ...

XL’s Environmental Team Unveils Enhanced Real Estate Portfolio Protection

The insurance segment of XL Group unveiled enhanced pollution protection for real estate portfolios. The coverage provides real estate ...
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East

Nearly 20,000 Pounds of Chocolate Lost in Pennsylvania Fire

An official says a fire at a candy factory in southwestern Pennsylvania destroyed nearly 20,000 pounds of chocolate. The blaze broke out ...

Feds Give Virginia County Grant for Quake-Damaged School

Federal officials are awarding Louisa County, Va., $3.2 million to replace an elementary school that was damaged in the Aug. 23 earthquake. ...

Fire Damages New Hampshire Sorority House

Fire officials say no one was injured in an evening blaze at a Dartmouth College sorority house in New Hampshire. The Hanover Fire ...

First ‘Epic’ Vermont Flood Brought Change; Will Irene?

Twice in less than a century, Waterbury's 1827 Congregational Church, at the crest of a small rise on Main Street, has played a critical ...
Midwest

Cleveland Clinic, School to Study Brain Injuries

Two competitive Ohio medical research institutions are teaming up at a new lab to study head and spinal injuries that occur in sports and ...

Minnesota Food Company Recalls Eggs in 34 States

A Minnesota food company said Friday it is recalling more than a million hard-cooked eggs distributed to 34 states after testing revealed ...

North Dakota College Files Lawsuit Over Building Collapse

North Dakota State University is suing three Fargo contractors over the 2009 collapse of an academic building. The Forum newspaper reports ...

Owner of Ohio Home Where 3 Died Faces New Charges

Prosecutors have filed misdemeanor charges against the landlord of a reportedly vacant Ohio home where a Christmas Eve fire killed a ...

Missouri AG Sues Joplin Contractor for Cheating Tornado Victims

Missouri Attorney General, Chris Koster, filed a lawsuit today against E. Brian Sides, of Reeds Spring, and his construction company, ABP ...
Southeast

Mississippi DFA Overseeing Program to Help Strengthen Homes

Mississippi Insurance Commissioner Mike Chaney said he is working with legislators on a bill that would require insurers to offer discounts ...

Florida House OKs Alternative Hurricane Insurance

Legislation designed to help state-backed Citizens Property Insurance Co. spin off customers to reduce its hurricane risk cleared the ...

Eastern Kentucky Police Looking for Links in Fires

Police in eastern Kentucky are looking for links between a series of residential fires and believe they were set by one person. Pikeville ...

Western Kentucky Better Prepared to Handle Disaster

It's been three years since an ice storm paralyzed the western Kentucky region and emergency service coordinators say they're better ...
South Central

First City Emerges From Texas Drought

For millions of people, one of the most severe droughts in Texas history is no longer a concern - for now. The weekly U.S. Drought Monitor ...

Police Want Cameras Throughout Louisiana Town

Houma, La., police and Terrebonne Parish authorities are encouraging business owners to help out with an effort to protect all of downtown ...

Arkansas City Council, Court Find New Meeting Places

The Kensett City Council and district court in Arkansas have found new places to meet after a fire destroyed the town's municipal building. ...
West

Appeals Court: Whistleblower Must Pay Toyota $2.6M

A federal appeals court says a former in-house lawyer for Toyota Motor Corp. must pay the carmaker $2.6 million for disclosing confidential ...

Returning New Mexico State University Students Greeted With Auto Thefts

Auto thefts are rising now that classes are in session at New Mexico State University in Las Cruces. Campus police say thieves are easily ...

California Pulls Builder’s License After Worker Death

State officials have suspended the license of the builder of a Milpitas home where a carpenter was buried alive last weekend. The ...

Dog Starts Washington House Fire

Fire investigators say a dog inadvertently turned on a stove and started a fire that destroyed a house in Vancouver, Wash., early Saturday. ...
International

U.S., Australian Filmmakers Die in Helicopter Crash

Award-winning American cinematographer Mike deGruy and Australian television writer-producer Andrew Wight have died in a helicopter crash ...

Sony Sees Wider Net Loss Due to Thai Floods

Battered by weak TV sales, a strong yen and production disruptions from flooding in Thailand, Sony Corp. on Thursday reported a net loss of ...

Willis: $3.5B Losses in Mining Market Prompt 30 Percent Insurance Capacity Reduction

In 2011, the mining insurance market was not only hit by $2.7 billion in natural catastrophe losses, but over 60 operational losses ...

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