Red River Valley Flood Risk Keeps Receding

27-01-2012

Tagged Under : Red River, Red River Valley, Risk, River Valley

The risk of significant flooding in the Red River Valley is down from recent years and even lower than last months forecast due to the lack of snow, forecasters said on Jan. 26 — bolstering hopes the region may be spared a fourth consecutive battle this spring.

The flood risks are also low across the rest of North Dakota and Minnesota, the National Weather Service said.

No more than a few inches of snow cover the ground across the Red River basin in eastern North Dakota and northwestern Minnesota, said Weather Service meteorologist Jim Kaiser in Grand Forks, N.D. M

Read more…

Motorcycle Ice Racing In Michigan – The Coolest Motorcycle Video You’ll See

23-01-2012

Tagged Under : Motorcycle, Motorcycle Video

Muskegon Motorcycle Club Ice Races in Grant, Michigan.

January 22, 2012.

The Muskegon Motorcycle Club is one of  the oldest continuously operating clubs in the United States, and every year they sponsor a hillclimb event which has gained national renown. The first event, held at Mt. Garfield way back in 1921, drew only a handful of participants and spectators, but by 1951, thanks to local legend Dan Raymond (Muskegon Motorcycle Club founder and president) the event went over the top in more ways than one.

At that event Pete Uebelacker, a vet of National Championship Hill Climbs at Mt. Garfield, took the National Championship. Riding out of Rochester, N.Y., the 39-year-old Uebelacker edged out the field to take the championship trophy.

The hillclimb event ultimately grew to the point where crowds reached an estimated 30,000 spectators during the Golden Era of hillclimbing back in the 1950s and early 1960s but was nearly derailed when outlaw biker gangs from Chicago and Milwaukee stormed the area back in 1966.

Read more…

Aon Settles with DOJ, SEC for Over $16M on FCPA Violation Charge

14-01-2012

Tagged Under : Violation, Violation Charge

Aon Corp. has reached settlements with the U.S. Department of Justice and the Securities and Exchange Commission totaling around $16.3 million to resolve violations of the Foreign Corrupt Practices Act.

The DOJ says Aon’s United Kingdom subsidiary, Aon Limited, administered training and education funds in connection with its reinsurance business with Costa Rica’s state-owned insurance company, Instituto Nacional De Seguros (INS). Whi

Read more…

State Auto Insurance Laws That Are Affecting Rising Insurance Costs

02-01-2012

Tagged Under : Costs, Insurance Costs, Rising Insurance, Rising Insurance Costs

Rising insurance costs have made it expensive for U.S. drivers to stay on the road. Unfortunately, insurance premiums will probably continue to rise over the next year, partially due to new state auto insurance laws and traffic laws. State insurance regulations and driving laws have always had a tremendous impact on insurance companies, and several new laws have either made it more expensive for insurance companies to do business or easier for insurers to penalize poor drivers.

One example is the new wave of distracted driving laws, which have been almost unanimously supported throughout the insurance industry. Distracted driving laws levy fines against drivers who send text messages or check their phones while driving.

Read more…