Monthly Archives: <span>September 2009</span>

More Flood Damaged North Dakota Homes to Be Bought

North Dakota’s congressional delegation says the Federal Emergency Management Agency is providing money to buy out more flood-damaged homes in Cass County. Sens. Kent Conrad and Byron Dorgan and Rep. Earl Pomeroy, D-N.D., say FEMA will contribute about $5.8 million …

Excessive Rainfall Draining Profits From Arkansas Farmers

As the rain keeps falling, Arkansas farmers are seeing their chances dwindle for having a profitable harvest. Agriculture officials said Sept. 24 it would be months before a dollar amount could be affixed to the flooded fields and ruined crops …

Wildfire Funds for D.C. Cut from Bill

A bill that allocates funding to the U.S. Forest Service to fight wildfires in national forests no longer includes $2.8 million to fight any forest fires that might happen in Washington, D.C. The District of Columbia doesn’t have any national …

California Wildfires Smolder in Low Wind

https://www.insurancejournal.com/news/west/2009/09/01/103448.htm All but the most remote sections of a pair of major Southern California wildfires were contained Saturday, but officials warned that dangerous fire weather would persist through the weekend. The region saw record triple-digit temperatures on Saturday but none …

Connecticut Gets $11.5 Million Over 5 Years to Fight Underage Drinking

Connecticut is receiving $11.5 million in federal funds to combat underage drinking. The state will receive $2.3 million in each of the next five years. It’s one of four states, including Colorado, Illinois and Tennessee, to receive the money from …

S&P Lowers Kingsway’s ‘Unsolicited’ Ratings to ‘CCC+’

Standard & Poor’s Ratings Services has lowered its unsolicited long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance provider Kingsway Financial Services Inc. to ‘CCC+’ from ‘B-‘ with a negative outlook. “The downgrade reflects our concerns over …

Report: Australian Court Allows Claims against Lehman Brothers

An Australian court has ruled that local governments can pursue financial claims against collapsed U.S. investment bank Lehman Brothers in Australia and elsewhere, a firm that is funding the litigation said on Monday. IMF (Australia) Ltd. said the Federal Court …

High Tech May Pinpoint Antarctica, Greenland Sea Level Rise Risks

Dismayed by ice and storms, British explorer Captain James Cook had no regrets when he abandoned a voyage searching for a fabled southern continent in 1773. Finding only icebergs after he was the first to cross the Antarctic Circle, he …

Philippine Storm Ravages Manila; 100 Reported Dead or Missing

Rescuers plucked bodies from muddy floodwaters and scrambled to save drenched survivors on rooftops Sunday after a tropical storm tore through the northern Philippines and left 100 people dead or missing in the region’s worst flooding in more than four …

Teens With Own Cars Have More Crashes, Study Finds

Parents beware: Giving in to teens’ demands for their own cars can have dangerous consequences, new research suggests. Teenagers with their own cars or free use of one are much more likely to get in crashes than those who share …