Acting State Fire Marshal Richard Montgomery said Wednesday that the improper use of extension cords as permanent wiring was the cause of a fire that destroyed three buildings Monday in McKenzie, Alabama. A hardware store, a grocery and a vacant …
Bermuda-based Montpelier Re Holdings Ltd. announced that Anthony Taylor, president and CEO, Russell Fletcher, Chief Reinsurance Officer, and Neil McConachie, treasurer and Chief Accounting Officer, are scheduled to present on Monday, March 1, from 3:30 p.m. to 4:10 p.m. EST …
A Pennsylvania Supreme Court ruling last week regarding asbestos liability limits will only exacerbate the out-of-control asbestos litigation system in the state and can potentially delay or prohibit a truly sick claimant from receiving fair legal and financial remedies, according …
An effort by the U.S. Senate to reform the nation’s medical liability system by placing reasonable caps on non-economic damages fell short earlier this week, reportedly leaving the future of reform legislation in doubt for 2004. “The Property Casualty Insurers …
The Emmes Group (www.emmesgroup.com), a strategy consulting and market research organization, and NeoScale Systems Inc. (www.neoscale.com), a provider of enterprise storage security solutions for the networked storage and data storage management markets, announced preliminary results of an independent survey conducted …
Captive agency carrier the Farmers Insurance Group of Cos. announced the introduction of the new home/life discount for its North Dakota homeowners customers. Customers who have both a life insurance policy and a homeowners insurance policy issued by Farmers can …
XDimensional Technologies Inc., the provider of Nexsure™, a hosted insurance agency management solution, announced today it has completed a revision and enhancement of its business continuity systems and now offers its customers uninterrupted business operations in case of a disaster. …
Standard & Poor’s Ratings Services said it affirmed its ratings on Argonaut Group Inc. and its insurance company affiliates, including its “BBB+” counterparty credit and financial strength ratings on the affiliates, and revised the outlook on all ratings to stable …
In a statement attributed to J. James Rohack, MD, chair-elect of the American Medical Association Board of Trustees, the AMA expressed its support for medical liability reform in Oklahoma. “The American Medical Association joins the patients and physicians of Oklahoma …
The American Insurance Association joined the PCI (See IJ Web site Feb. 24) in opposing legislation – Assembly Bill A. 9736 – under consideration in New York, indicating that the measure would further erode a workers’ compensation system already in …
