The National Association of Mutual Insurance Companies has commended Georgia lawmakers for enacting major tort initiatives. David Reddick, NAMIC state affairs manager said SB 3 brings much-needed medical malpractice reforms. It caps non-economic damages at $350,000 in individual suits and …
Georgia’s Senate Bill 174, allowing small companies to offer employees pared-down health plans, has been approved by the House of Representatives. The bill, estimated to save 10 to 15 percent on health insurance costs for small businesses and their employees …
With a vote of 151 to 0, the Georgia House passed with unanimous support Senate Bill 230, requiring companies to notify consumers if their personal information has been leaked or stolen. Under provisions of SB 230, proposed by Sen. Bill …
Jason M. Funk, the 27-year-old murderer of Tampa, Fla. insurance adjuster Katrina Anne Froeschle, pleaded guilty in a Hillsborough County courtroom. Funk avoided a possible death sentence and pleaded guilty to murder and several other crimes. A judge sentenced him …
A State Farm customer and his doctor, who challenged a 30-day deadline for doctors to file claims on a patient’s no-fault auto policy, have lost their claim in the Florida Supreme Court. They challenged the deadline, arguing it violated the …
The Florida House Civil Justice Committee has approved the Asbes-tos and Silica Comp-ensation Fairness Act of 2005 (HB 1019), which will create new guidelines for asbestos and silica lawsuits that will help truly sick workers get fair and timely compensation. …
Vesta Insurance Group Inc. of Birmingham, Ala., has announced that the filing of its 2004 Form 10-K will be delayed beyond April 1 to provide additional time to finalize the assessment of the effectiveness of its internal controls pursuant to …
The Alabama Independent Insur-ance Agents association held ribbon-cutting and grand opening ceremonies March 30 to formally dedicate its new building at 141 London Parkway in Birmingham, Ala. The day’s activities included a prayer to dedicate the building, a ribbon cutting …
Details of negotiations between West Virginia insurance companies, Gov. Joe Manchin and Brian Kastick were released after a court decision requiring e-mails sent on Feb. 22 and 23 to be revealed to the public. Also, after its passage, Senate Bill …
A proposal that would create a single Florida-wide territory map and eliminate individual rate territories based on predicted hurricane risks and expected loss models was removed from House legislation, but was approved on April 6 in Senate Bill 1488 with …
