July 24, 2003
The United States Chamber of Commerce and the Manhattan Institute’s Center for Legal Policy have issued two papers on the growing hazard of mold litigation and the lack of scientific evidence linking mold to health problems. In “A New Plague …
July 24, 2003
The Washington State Office of the Insurance Commissioner recently unveiled a new quarterly Agents and Brokers E-Newsletter to replace the former paper newsletter that has been out of circulation for a while. The What’s New section of the e-newsletter highlights …
July 24, 2003
A Carmichael, Calif. man was arrested on three felony counts of insurance fraud. Jason C. Turner, 34, was arraigned and booked into the Placer County Jail. If convicted, he could face up to five years in prison and/or a maximum …
July 24, 2003
RenaissanceRe Holdings Ltd. reported $124.4 million in second quarter net operating income available to common shareholders, compared to $93.3 million in the second quarter of 2002. Operating income excludes realized investment gains of $55.8 million and $3.0 million in the …
July 23, 2003
New Jersey Attorney General Peter Harvey announced that a Passaic County man was sentenced by Union County Superior Court Judge Rudy Coleman on a charge of receiving stolen property for possessing a stolen automobile. According to Vaughn McKoy, Director, Division …
July 23, 2003
North Carolina Insurance Commissioner Jim Long and State Senator Scott Thomas announced a new law which is expected to alleviate the homeowners insurance crisis currently felt by residents of North Carolina’s 18 coastal counties. The law came about as a …
July 23, 2003
Missouri Department of Insurance Director Scott Lakin announced that his staff will conduct “town hall” meetings Aug. 7 in Hillsboro and Aug. 11 in Stockton for Missourians who suffered tornado damage in early May. The Hillsboro event actually will serve …
July 23, 2003
A Cole County, MO., Circuit Court judge will hear arguments Aug. 14 on whether to issue a preliminary injunction against medical malpractice insurance sales by an unlicensed Virgin Islands-based company, Security Trust Insurance Ltd., doing business as Ameristar. The Missouri …
July 23, 2003
Illinois Director of Insurance J. Anthony Clark has revoked the insurance producer license of Joseph Welps of Wilmington effective July 8, 2003. Welps had been licensed since November 14, 1996. Welps was licensed to sell life, accident and health and …
July 23, 2003
Special Session C ended Monday with no solution to Florida’s health care/medical malpractice insurance crisis and Gov. Jeb Bush planning to convene legislators for Special Session D August 5. House Speaker Johnnie Byrd released a statement declaring: “Even though some …