Monthly Archives: <span>November 2004</span>

Encompass Chief in Mass. Hopes Reformers Enjoy Red Sox-Like Success

Andrew J. Carpentier’s Quincy, Massachusetts office is plastered with Red Sox banners and posters and while the images of the World Series occasionally intrude on his thinking, he’s had another score on his mind. That’s the score of reformers versus …

At Big I, Insurer CEOs Assess Impact of Hurricanes

Insurance company leaders hope the industry will respond rationally to the financial effect of recent hurricanes and also use them as an opportunity to do a better job of explaining the industry to the public. Five insurance company chief executive …

MD. WEIGHS MED-MAL MEASURE

Legislation designed to offer doctors immediate relief from increases in malpractice insurance premiums and hold the line on future rate hikes has been presented to the Maryland General Assembly leaders by Gov. Robert Ehrlich. “It is, I think, a very …

VA. FARM BUREAU AIDS FLORIDA:

The Richmond-based Virginia Farm Bureau’s longtime slogan–Helping you is what we do best–crossed state lines all the way to Florida recently after four major hurricanes devastated the Sunshine State and created thousands of insurance claims. “In this situation, I knew …

VA. GETS FEDERAL STORM AID:

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal disaster funds for Virginia to help families and businesses recover from the remnants of Hurricane Jeanne that hit on Sept. 27. Michael Brown, …

PA. INSURERS BEAT MURDER CLAIMS:

Two insurance companies are not obligated to pay claims for a shooting rampage that left five people dead and another critically injured four years ago near Pittsburgh, a Superior Court panel recently ruled. The ruling means that Richard Baumhammers’s parents, …

PA. ADVANCES MED-MAL SUBSIDY:

The Pennsylvania House of Representatives has approved a bill that would extend state subsidies for two years to more than 30,000 doctors and health care providers who pay into a state-run program that provides catastrophic medical malpractice insurance. The bill, …

N.J. CONVICTS ON RACKETEERING:

New Jersey Attorney General Peter Harvey announced that a Union County man and a Middlesex County man have been convicted of racketeering and health care claims fraud for their roles in a multi-million dollar staged accident and insurance fraud conspiracy, …

N.J. GOV. AVOIDS AGENCY CONFLICT:

A retired federal judge will oversee state New jersey Senate President Richard J. Codey’s insurance agency during the Essex County Democrat’s tenure as acting governor. Codey has signed a blind trust agreement that names Nicholas H. Politan sole trustee of …

N.Y. COASTAL MARKET RESTORED:

While affordability is still an issue, insurance coverage is now widely available in coastal areas of New York, according to the New York Insurance Association (NYIA). Addressing a public hearing before the Assembly Standing Committee on Insurance, Ellen Melchionni, vice …