Wednesday, December 1, 2010

Daily Headlines: Wednesday, December 1, 2010

Claims Journal Daily Headlines
December 1, 2010
News By Region  National  International  East  Midwest  Southeast  South Central  West

Today's Headlines

National

Senate Passes Major Food Safety Overhaul

The Senate passed the largest overhaul of the U.S. food safety system in decades Tuesday, a response to massive recalls such as last...

How BP's Gulf Oil Disaster Costs Could Double

Analysts' dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling...

Madoff Trustee Has Filed 100 Lawsuits for Defrauded Clients

The trustee seeking money for defrauded former clients of Bernard Madoff filed several dozen lawsuits Tuesday to recover more than $1...

New Web Site Calculates Diminished Car Value for Consumers

The people who launched TheyWroteOffMyCar.com are at it again with a new Web site service called MyCarIsWorthLess.com. That's worth less,...
East

Prosecutors: Friends Killed Rhode Island Man for Insurance Settlement

Two Fall River men accused of killing and robbing their friend have been ordered held without bail. Charles Mendez and Tacoma Massie pleaded...

Driver in Massachusetts Tanker Truck Fire Goes to Trial

Opening statements are scheduled in the trial of a Holyoke man accused of causing an accident that sparked a fuel tanker truck fire and...

Construction Company Settles in New York City Probe

Prosecutors say a construction company has agreed to pay $20 million to resolve an investigation that it falsely claimed hiring minority...

New York Dinner for Insurance Charitable Fund Tops $1 Million

The Insurance Industry Charitable Foundation (IICF) New York division has surpassed the $1 million mark for ticket sales for its 2010...
Midwest

Group Says Canadian Firm Unprepared for Spill Response in Midwest

A lack of equipment and personnel has left TransCanada unprepared to deal with a major spill of crude oil on its Keystone pipeline system,...

Fewer Thanksgiving Holiday Deaths on Ohio Roadways

State officials say fewer people died on Ohio's roadways this Thanksgiving holiday than during the same period in 2009. Initial numbers...

Investigators Look for Cause of Burlington, Iowa, Historic Building Fire

Investigators are searching for the cause of a fire that damaged a historic, five-story building in downtown Burlington. Witnesses noticed...

Michigan-based Cedar Creek Carpentry Fined $56K for Fall Hazards

The U.S. Department of Labor's Occupational Safety and Health Administration has cited Cedar Creek Carpentry Inc., a carpentry contractor...

Auto, Homeowners Insurance Costs in Ohio Well Below National Average

Ohio consumers pay $226 less for homeowners insurance than the U.S. average and nearly $167 less for auto insurance than the U.S. average,...
Southeast

Insurer Wants Ex-Judge Off Mississippi Lawyer Case

An insurance company wants former Mississippi Supreme Court Justice Oliver Diaz kicked off a lawsuit involving imprisoned former attorney...

Mississippi Judge Asks Court to Restore His Immunity

A Mississippi judge is asking a federal appeals court to restore his immunity from being sued over claims that he knowingly making false...

Alabama Gets Its Own Insurance Information Service

Many of Alabama's personal and commercial lines insurers have established the Alabama Insurance Information Service (AIIS), a...
Texas / South Central

Insurer Group Says Louisiana Property Market Shows Signs of Strength

The number of Louisiana property insurance consumers who benefit from the lower rates offered by private insurers is growing as the state's...

Oklahoma Cities, Towns Want Tougher Tobacco Options

Oklahoma cities and towns would have more power to crack down on smoking in public under a plan unveiled Nov. 29 by health officials and a...
West

Calif. Regulators Announce 2011 Workers' Comp Assessment Rates

The California Department of Industrial Relations (DIR) has calculated the 2011 assessments that state law requires workers' compensation...

Calif. State Fund Names Clark Chief Operating Officer

California's State Compensation Insurance Fund has named Tom D. Clark as its chief operating officer. Clark, who assumes his new role on...
International

European Storm Season Starts, But Forecasts are Difficult, Says Lloyd's

The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season,...

Best Revises Aviva and Subs Outlook to Positive; Affirms Ratings

A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR)...

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