Oregon Governor Ted Kulongoski said he has asked the Legislature to look into adding a surcharge on vehicle insurance to raise money for State Police patrols. “I think it is a perfect fit,” the governor said. Kulongoski had proposed in …
ChoicePoint’s Clue Auto, Clue Property and Current Carrier insurance industry databases were not in any way involved or compromised by the fraud ring that obtained data from other ChoicePoint databases of public record information, according to Richard Collier, vice president …
How long do you plan on living?” asked a wholesale broker at a recent industry meeting. The trends facing every aspect of our healthcare system seem daunting at best. Yet, like the wholesale broker who asked this question, most people …
A broker learns confidentially from a client that his company is the subject of an informal inquiry by the Securities and Exchange Commission. The client asks the broker to keep the information private. Should the broker tell the company’s D&O …
News from Worldcom, Enron and Spitzer invades PLUS Symposium Settlements that reach beyond insurance and into the pockets of firms’ former directors draw attention to the limits of insurance, according to professional liability experts. The real Worldcom and Enron events …
How the Spitzer-led investigation against broker fees inspired solutions to California’s “problems” Over the past several months, there have been numerous explanations, press releases and position papers crafted to provide many different and disparate points of view regarding the fiduciary …
The fatal crash rate for 16-year-old drivers declined sharply after states began enacting graduated licensing laws in the 1990s, according to a new study by the Insurance Institute for Highway Safety. The study found that fatal crash involvements based on …
A Colorado study shows that since the state scrapped its ailing no-fault automobile insurance program in favor of a tort-based system, rates for some consumers have dropped between 19.5 percent and 27.1 percent. The study, conducted by the Property Casualty …
Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …
Approval of a 2004 ballot question and action by state lawmakers two years before that are stabilizing medical malpractice insurance rates in Nevada, legislators were told recently. Question 3, the Keep Our Doctors in Nevada initiative, garnered nearly 60 percent …
