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May 2009
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Some Seek Stricter Safety Standards for Car Roofs

by abc News - May 04,2009

Rollover accidents kill nearly one person every hour on average in this country, a total of 10,000 deaths each year. The accidents are also responsible for a quarter of all serious and catastrophic injuries on the road. Experts say roof ... [full story]

Eight tornadoes confirmed in north-central, west Alabama

by al.com - May 11,2009

Stelter/Birmingham News - B.J. Sandlin of Maloy Automotive in Jasper was in the front office when a funnel cloud passed low over the business Wednesday morning. He estimated it was about 150 feet off the ground. He and a colleague ... [full story]

Most of flood insurance revenue is not going to pay claims

by al.com - May 21,2009

WASHINGTON — Across the country, federal flood insurance policyholders ponied up more than $3 billion in premiums to protect their homes and businesses in the last fiscal year. Less than half of that money was set aside to pay claims ... [full story]

Storms damage 100 properties in South

by AP Associated Press - May 08,2009

BIRMINGHAM, Ala. - Dozens of homes and businesses were damaged in the South by strong winds, heavy rains and golf ball-sized hail Wednesday, and with more rain in the forecast, officials increased the flow of water through dams to ease ... [full story]

Condos at risk during storm season

by AP Associated Press - May 13,2009

NORTH MIAMI BEACH — It's been nearly four years since the winds of Hurricane Wilma passed over Miami-Dade County, but the residents of Buckley Towers still feel the storm every day. The two y-shaped towers need extensive roof repairs, masonry work ... [full story]

Senate approves windstorm insurance bill

by AP Associated Press - May 04,2009

AUSTIN, Texas — The Texas Senate approved a new structure for the state's depleted windstorm insurance fund Thursday, providing a combination of potential rate hikes, bonding and other revenue to ensure the account gets replenished. Gulf Coast policy holders of the ... [full story]

Texters do it while driving

by BizReport - May 29,2009

The study, Consumer Mobile Messaging Habits Report, finds that Tennessee drivers are most likely to be found texting and driving (42% text and drive), while drivers in Arizona are least likely to be found texting and driving (18%). There are ... [full story]

Reinsurers See Limited Swine Flu Claims as Pandemic Looms

by Bloomberg.com - May 06,2009

(Bloomberg) -- Reinsurers may see limited claims from the swine flu outbreak because the disease has so far been less lethal than bird flu and can be treated effectively, said Swiss Reinsurance Co., the world’s second-biggest reinsurer. A disease killing ... [full story]

Allstate Insurance looks to enter Massachusetts

by Boston.com - May 20,2009

Allstate Insurance Co., the nation's second largest auto insurer, announced plans today to re-enter the Massachusetts auto insurance market starting this fall. If approved by regulators, Allstate would be the latest in a string of major insurers to enter the Massachusetts ... [full story]

U.S. government should oversee insurance: Kanjorski

by BusinessInsurance.com - May 17,2009

WASHINGTON—The federal government should have a role in regulating insurance, a key lawmaker said Thursday. "After the turmoil in the bond insurance marketplace, the decisions to provide substantial taxpayer support to American International Group (Inc.) and the requests of numerous ... [full story]

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