Wednesday, November 10, 2010

Daily Headlines: Wednesday, November 10, 2010

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Claims Journal Daily Headlines
November 10, 2010
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Big Oil Firms Need Top-to-Bottom Safety Reform, Says Commission

Complacency at BP, as well as at Transocean Ltd and Halliburton, led to serious missteps prior to the rig explosion that unleashed millions...

S&P Raises ProAssurance Rating One Notch to 'BBB'; Outlook Stable

Standard & Poor's Ratings Services has raised its counterparty credit rating on ProAssurance Corp. to 'BBB' from 'BBB-' with a stable...
East

Judge Limits D.C. Metro's Liability in Fatal Crash

A judge has limited the potential liability of the public transit agency in the District of Columbia in a suit brought by survivors of those...

Tenants Displaced by Garage Collapse Still Waiting

Tenants displaced by a parking garage collapse in northern New Jersey this summer will have to wait until next month to return to their...
Midwest

Accomplice in Ohio Fraud Scheme Sentenced to 6-Month Jail Term

An accomplice in an insurance fraud scheme in Ohio has been sentenced to a six-month jail term and must pay restitution and fines totaling...

Lowe's Distribution Center in Illinois Fined $182K by OSHA

The U.S. Department of Labor's Occupational Safety and Health Administration has cited the Lowe's Home Centers Inc. regional distribution...

Westfield Insurance Gives $20K in Arson-Fighting Gear to Ohio City

An Ohio-based insurance company is donating more than $20,000 worth of arson investigation gear to Toledo, which has seen a rash of vacant...
Southeast

Fee Schedules Stabilized Tennessee Workers' Compensation Costs

Average medical costs per workers' compensation claim in Tennessee stabilized at pre-fee schedule levels after the state introduced medical...

Myrtle Beach Suing Hotels for Risking City's Flood Insurance Coverage

The city of Myrtle Beach is suing 11 hotels to make them remove their swimming pool enclosures. The Sun News of Myrtle Beach reported the...

Tennessee Teens Delay Getting Behind the Wheel

Mackenzie Leake put off learning to drive for almost a year longer than most of her friends. It was out of a sense of...

BP Says It Has Paid Alabama $657 Million So Far for Disaster Recovery

Oil giant BP says it has paid more than $657 million for grants, claims and recovery costs in Alabama from the oil spill in the Gulf of...
Texas / South Central

Texas-based Tree Services Company Fined for Safety Violations in Illinois

The U.S. Department of Labor's Occupational Safety and Health Administration has cited ABC Professional Tree Services Inc., a Houston,...

Texas Town Hit With Minor Quake, No Injuries Reported

Another small earthquake has shaken a Texas town that felt a series of minor quakes in 2009. The U.S. Geological Survey recorded a...
International

Aon Finds Business Interruption Demand Grows, but Insurers Back Off

Aon came up with the conclusion that although recent events have "increased demand and enquiries for business interruption insurance," there...

Best Affirms Hiscox Operating Companies 'A' Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit...

Best Affirms Lloyd's Syndicate 33 (Hiscox) 'A' Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the Best's Syndicate Rating of 'A' (Excellent) and issuer credit rating (ICR)...

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