Monthly Archives: <span>January 2002</span>

Visibillity Selected for Microsoft Certified

Visibillity Inc., a Chicago-based litigation management provider for the property and casualty insurance industry, announced it is now a member of the Microsoft Certified Partner Program. Faiz Ahmed, Visibillity’s CEO expressed his pleasure at being selected for the program and …

Minn. Workers’ Comp Costs Flatten

After five years of decline, workers’ compensation costs in Minnesota leveled-off in 2000, according to a report released by the state’s Department of Labor and Industry (DLI). The Workers’ Compensation System Report estimates the total cost per $100 of payroll …

Direct Line to Acquire RSA’s Italian Auto Business

U.K. auto insurer Direct Line, a subsidiary of the Royal Bank of Scotland, has agreed to acquire the Italian auto insurance operations of Royal & Sun Alliance for £12 million ($17 million). Direct Line, which takes its name from its …

S&P Comments on Lloyd’s Reform Proposals

Standard & Poor’s has issued a bulletin which discusses the proposed structural reforms announced by Lloyd’s of London on January 17. While warning of numerous hurdles to be overcome before any of the radical changes are implemented, S&P’s report considers …

U.K. Insurers Fear Big Losses as Storm Ravages Country

A violent storm sweeping in off the North Sea over the weekend has left a trail of devastation in Northern England, Wales and Scotland. With wind gusts reaching 120 mph. The storm caused the deaths of 7 persons, halted rail …

Hartford, S.H. Smith to Offer Law Firm Coverage

The Hartford Financial Services Group, Inc. has teamed with S. H. Smith & Company of West Hartford, Conn., a leading excess and surplus lines insurance broker, managing general agency and program administrator, to offer professional liability coverage to law firms …

Penn. Med Mal Reform Debate Heats Up

The controversy surrounding Pennsylvania’s ongoing medical malpractice crisis increased on Tuesday as some 700 physicians, healthcare professionals and patients demonstrated in favor of tort reform at the State Capitol in Harrisburg. Inside the building legislators who support tort reform quickly …

13th Annual NILS to focus on effects of Sept. 11

The upcoming 13th annual National Insurance Leadership Symposium (NILS) will focus on the effects of the Sept. 11 attacks on the insurance industry and the actions taken to recover. The symposium, which will be held on Feb. 10-12 at the …

Utah Bill Prohibits Credit-Based Scores from Being ‘Primary’ Reason for Insurers’ Decisions

A bill prohibiting auto insurers’ use of credit-based insurance scores was modified in a House committee today to say such scores cannot be the “primary” reason for any action by the insurer. The bill also now would prohibit the use …

Wash. Court Reverses Ruling Regarding Drinks Sold to Intoxicated Customers

In reversing a lower court ruling, the Washington State Court of Appeals has agreed that liability insurance is not designed to cover each drink served to an already intoxicated customer as a separate incident. The appellate court decision on Jan. …