Monthly Archives: <span>March 2005</span>

TORT REFORM BILL ALSO GETS HOUSE OK

A comprehensive civil justice reform bill was passed by the Missouri House of Representatives last month. House Bill 393 contains numerous provisions designed to lower tort costs to employers and insurers. These include venue reform, that is, limiting the current …

BEEFED UP COMP REFORM BILL PASSES HOUSE

A substitute workers’ compensation reform bill moving its way through the Senate includes several elements that employers and insurers believe will help reduce the costs of the system. The House Committee on Workforce Development and Workforce Safety’s substitute for Senate …

Our Cup Runneth Over

In addition to our copious directory of professional liability markets, this edition of Insurance Journal Midwest features a number of excellent feature articles. Staff writer Dawn Love pulls double duty this time out, with a story each in Midwest and …

Ethics in the Age of Spitzer

You’ve read the papers and articles about the Attorney General Spitzer investigation. How do you feel about the specific allegations and facts that have been revealed? If you’ve read them carefully, you probably feel sick about them. This is not …

N.Y. Workers’ Comp Safety Fund Facing Serious Financial Shortfall

How to rescue the state’s workers’ compensation safety fund became the topic of debate in Albany as officials reported that without government intervention, the fund would not be able to pay injured workers their benefits for very long after the …

Commissioner Cogswell Stays the Centrist Course in Connecticut

Under Pressure from AG Blumenthal and Critics, Regulator Sticks to Consensus Approach I’m willing to meet with just about anyone to sit down and discuss issues. That’s the most effective and efficient way to uncover and deal with problems.” Well, …

Auto Task Force, Industry PR Effort Herald Busy Summer Ahead in Mass.

A task force appointed by Massachusetts Gov. Mitt Romney last spring has concluded that the state’s private passenger auto insurance system is heading for a crash and has promised to produce a legislative reform package by May 30 in time …

PLUS Tackles Ethics

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

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, professional liability experts have been reminding each other recently. The real …

People & Places

Deneen Schmitt Deneen Schmitt and Jim Cottone are among two of the newest additions to the expanding Pittsburgh, Pa., operations of Willis Group Holdings. Schmitt has joined Willis from Aon to serve as a senior vice president for the Executive …