| Announcements |  |  |
| Laws/Cases | | |
| Judge Rules Against Policyholders in Katrina Levee Case | | A federal appeals court ruled Thursday that Louisiana residents, whose homes were destroyed by floodwater caused by levee breaches, cannot recover damages from their insurers. Plaintiffs in the case argued that their policies did not exclude damages resulting from negligence. The judge in the case found that the plaintiffs’ policies clearly excluded flood coverage of any kind. Becky Yerak, Chicago Tribune 08/03/2007
| | Read Article: Chicago Tribune |
| Court Rules Tobacco Suit Preempted by Federal Law | | The California Supreme Court Thursday ruled against plaintiffs who claimed that four major tobacco companies had targeted children with misleading ads. Plaintiffs contented that tobacco companies violated unfair competition laws and the penal code that prohibits tobacco sales to minors. Justices ruled that the plaintiffs’ case was preempted by federal law. Mike Mckee, Law.com 08/03/2007
| | Read Article: Law.com |
| INSURANCE | | |
| Insurer Dissent on Payments Threatens Earthquake Fund | | Officials fear that a California earthquake insurance authority may be in danger of collapse if insurers succeed in a bid to cut payments to the state program. The majority of dissent for the program comes from the state’s largest insurance providers. The California Earthquake Authority was established in 1994 to distribute risk of losses in case of a catastrophic earthquake. Marc Lifsher, LA Times 08/03/2007
| | Read Article: LA Times |
| Issues | | |
| Engineers Warn of Deteriorating Infrastructure | | According to engineering experts, Wednesday’s Minneapolis bridge collapse should serve as an alarming reminder that vital parts of the nation’s infrastructure are in need of repair. A recent report indicates estimates that America’s infrastructure is in need of $1.7 trillion worth of repairs. John Holusha and Kenneth Chang, The New York Times 08/02/2007
| | Read Article: The New York Times |
| Report: Safety Violations Contributed to Subway Deaths | | Poor safety procedures and a careless work culture contributed to the deaths of two New York subway workers, a report has concluded. The report, released by New York City Transit, also called for disciplinary action against supervisors on duty at the time of the incidents and a major overhaul of safety standards. William Neuman, The New York Times 08/02/2007
| | Read Article: The New York Times |
| PRODUCTS | | |
| Consumers Remain at Risk From Lens Solution | | Federal health regulators announced Thursday that an alarming number of consumers injured by a recalled contact lens solution required corneal transplants. In an update on the recalled lens solution, the Centers for Disease Control and Prevention also expressed concern that many consumers and doctors were unaware of the recall or potential danger of the product. Barnaby J. Feder, The New York Times 08/03/2007
| | Read Article: The New York Times |
| Latest Toy Recall Casts Doubt on Agency Resources | | Lawmakers are questioning the ability of the Consumer Product Safety Commission to oversee the nation’s $22 billion toy industry, following this week’s recall of 1.5 million Mattel toys. Democratic Senate leaders have also requested that the agency assess whether the United States should inspect all toys imported from China. Earlier this year, 1.5 million Thomas and Friends toys were recalled over concerns about lead. Renae Merle, The Washington Post 08/03/2007
| | Read Article: The Washington Post |
| STUDY | | |
| Research Finds Danger in Common Plastic | | Scientists warned Thursday that a common chemical used to make plastic may cause serious reproductive disorders. According to scientists, infants and fetuses are at the greatest risk from the chemical. The compound, bisphenol A or BPA, is used to make a wide array of products, ranging from dental sealants to sports bottles. Marla Cone, LA Times 08/03/2007
| | Read Article: LA Times |
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