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

Response to Market, Choosing a Strategy Critical

The speed at which insurance providers respond to the market is critical and their timing in choosing a strategy is critically important, Dennis Rowe, Penn National CEO, said during the Alabama Independent Insurance Agent’s annual conference and exhibit in Destin, …

People – Southeast

Stephen Pratt Atlanta-based Crawford & Co. has appointed Stephen Pratt vice president of Carrier Relations, Quality and Technical Claims; and David A. Lee has been named manager of its Little Rock, Ark., Claims Management Services branch. Michael Franzese Pratt will …

All the News That’s Fit to Print

When I attended several recent news events and conferences I noticed thatwhen I entered the room, people’s “hackles” immediately went up–they either stopped talking or began speaking in muted tones, as if they were afraid I would hear what they …

OSHA, AGENCIES LAUNCH SAFETY ALLIANCE:

The U.S. Labor Department’s Occupational Safety and Health Administration and Wisconsin state agencies have launched an alliance aimed at preventing workplace hazards statewide, according to a statement from the federal agency. Joining OSHA in the three-year pact are the Workers …

MED-MAL CAP RULED UNCONSTITUTIONAL:

The Wisconsin Supreme Court has struck down a law capping noneconomic damages in medical malpractice cases at $350,000. The court voted 4-3, saying the cap was “unreasonable and arbitrary” and no “rational” relationship between the cap and lower medical liability …

COMP BUREAU FIRES ASSET MANAGEMENT FIRM:

The Ohio Bureau of Workers’ Compensation announced it is terminating investment dealings with Allegiant Asset Management, a wholly owned subsidiary of National City. BWC has asked that all remaining holdings in its large-cap growth domestic equity fund be liquidated. Of …

PROGRESSIVE ALUMNI REUNITE IN BLOOMINGTON:

The ’80s really are back–at least they will be in Bloomington, Ill., next month, when a group of current and former Progressive employees who were part of the 1980-1985 workforce gather for cocktails. The party will be followed by a …

CCC SETTLES CLASS ACTION SUIT:

Chicago-based claims software-maker CCCInformation Services Inc. and 15 of its customers signed a settlement agreement with the plaintiffs in various class-action suits pending in Madison County, Ill. These consolidated suits, Case Nos. 01 L 157, et al., relate to the …

People – Midwest

Scott Brener The National Association of Government Labor Officials (NAGLO) during its 2005 summer conference elected Minnesota Department of Labor and Industry Commissioner Scott Brener president. John Robinson With members from more than 30 U.S. states, NAGLO focuses on sharing …

Ohio Workers’ Comp Bureau SetsNew Rates for Hospitalized Workers

Stung by reports of high medical costs, the Ohio insurance fund for injured workers has proposed to cut the amount of money it pays to reimburse hospitals. The Bureau of Workers’ Compensation will reduce its reimbursement rate for inpatient care …