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  • More Texas Land Out of Worst Drought Stage
    May 21, 2012 1:04:35 AM

    Recent rainfall across much of West Texas has diminished to less than 2 percent the area of the state in the worst drought stage. Records show that hasn’t happened since March 2011. The U.S. Drought Monitor map released May 17 …
  • Worker Death Leads to $473K Fine for Illinois Manufacturer
    May 20, 2012 10:57:28 PM

    A manufacturing plant in Illinois faces a fine of $473,000 after a worker died from chemical burns. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Raani Corp. for failing to seek emergency medical treatment after a …
  • Texas Company Fined $212K Over Safety Hazards
    May 20, 2012 10:51:09 PM

    Federal regulators have imposed a fine of more than $200,000 against an aluminum products manufacturing facility in Carrollton, Texas, for safety and health violations. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Western Extrusions Corp. with …
  • New York Hearings on ‘Forced’ Insurance in Foreclosure
    May 20, 2012 8:32:49 PM

    Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators. In …
  • N.Y. Compensation Insurance Rating Board Seeks 11.5% Rate Hike
    May 18, 2012 1:27:55 PM

    The New York Compensation Insurance Rating Board (NYCIRB) has submitted to the Department of Financial Services on Thursday a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost represents the anticipated cost …
  • Court: Louisiana Cab Company President not Liable in Death Case
    May 18, 2012 1:03:14 PM

    A court has ruled that the head of a Bossier City, La., taxi cab business cannot be held personally liable in a lawsuit over the death of a 12-year-old boy. The victim in the case was Justin Bloxom, whose body …
  • Dean, Hanner, Richardson Named Corporate VPs at Arthur J. Gallagher
    May 18, 2012 12:43:51 PM

    Arthur J. Gallagher & Co. has appointed Eric C. Dean, Jerome S. Hanner and Cara Richardson as corporate vice presidents. Dean joined the company in 2012 and has more than 30 years of business experience in various key technology functions. …
  • A Year after Joplin Tornadoes, $2.16B in Insurance Claims Paid
    May 18, 2012 12:43:01 PM

    The tornado that swept through Joplin, Mo., on May 22, 2011, has generated $2.16 billion in insurance claims payouts to Missouri policyholders, according to an Insurance Information Institute analysis of data from ISO’s Property Claims Service (PCS) and other sources. …