Florida lawmakers must act on Governor Jeb Bush’s call for medical liability system reforms—including a $250,000 cap on non-economic damages—in order to end a crisis that is driving up healthcare costs and eroding the public’s access to care, according to …
Nearly nine months of work by the Alliance of American Insurers recently culminated in the introduction of a South Carolina bill, S 449, which would give the insurance industry a voice in shaping the state’s building code. According to the …
Dallas-based Docucorp® International announced it signed a software licensing agreement with The PMA Insurance Group. PMA will utilize Docucorp’s suite of software products and services, ranging from dynamic publishing capabilities to electronic delivery, to automate its correspondence and forms production …
Louisiana’s Acting Commissioner of Insurance, Robert Wooley, is the new chairman of two consumer protection committees by the president of the National Association of Insurance Commissioners (NAIC). NAIC President Mike Pickens of Arkansas announced that Wooley will head the Consumer …
The Texas Department of Insurance is searching for 33,000 Texans, each of whom has a $209.50 check coming as his or her piece of a small insurance company that failed in 1992. According to TDI about $7 million will be …
Standard & Poor’s has assigned its ‘BBB’ insurer financial strength and counterparty credit ratings to South China Insurance Co. Ltd. The outlook on the counterparty rating is stable. The ratings reflect the company’s satisfactory underwriting performance and strong balance sheet. …
The Alliance of American Insurers (AAI) is applauding state commissioners attending the National Association of Insurance Commissioners’ (NAIC) spring meeting in Atlanta for initiating a project aimed at increasing awareness of the role of state insurance regulation. “The concept of …
Recent results of a Wall Street Journal Online/Harris Interactive® Health-Care Poll showed that more than half (58 percent) of adults in America favor new legislation to limit the costs of medical liability and reduce the costs of medical malpractice insurance. …
New York State Insurance Department Superintendent Gregory Serio, Queens District Attorney Richard Brown, and New York State Workers’ Compensation Fraud Inspector General John Burgher Jr., announced that a truck driver has been charged with reportedly defrauding the State Workers’ Compensation …
Risk Enterprise Management Limited (REM) announced that one of its run-off clients, Home Insurance Company (The Home), was placed into voluntary Rehabilitation pursuant to an Order of Rehabilitation by the Superior Court of New Hampshire. The Order appoints New Hampshire …
