August 22, 2005
The insurers for the company building the Hunters Brooke development in Charles County, Maryland have filed a lawsuit against the security firm that employed one of the men who allegedly set fire to the subdivision last December. The suit accuses …
August 22, 2005
Insurance companies are applauding New York Gov. George Pataki for signing legislation that they say will assist them in their efforts to fight insurance fraud. Pataki signed A.8376, which decertifies physicians from receiving payment under the no-fault system when the …
August 22, 2005
DaimlerChrysler, Ford Motor Company and General Motors announced their return to car leasing in New York State the same day President Bush signed a federal highway bill that included a provision ending the state’s vicarious liability, a legal concept that …
August 22, 2005
A federal jury has awarded Vermont’s insurance commissioner $119.9 million to distribute to creditors of the Ambassador Insurance Co., which failed more than two decades ago. The defendants are accounting giant PricewaterhouseCoopers, which Vermont accused of negligent audits of Ambassador; …
August 22, 2005
The insurance company for Stonington, Conn., has filed a legal complaint claiming that if school officials lose a bullying lawsuit, then parents of the alleged bullies should pay as well. A lawsuit filed by a Pawcatuck Middle School student claims …
August 22, 2005
Some of Harvard Medical School’s teaching hospitals may add a lesson for their doctors: how to say sorry. The Boston Globe reported that a national specialist on patient safety, Dr. Lucian Leape, has helped the hospitals draft the policy for …
August 22, 2005
The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums beginning next year. The expected increase would follow five consecutive years in which premiums increased …
August 22, 2005
Lisa Lounsbury The Independent Insurance Agents & Brokers of New York Inc. recently announced the promotion of six staff members at the statewide trade association, effective Aug.1. Scott Poore IIABNY, which represents more than 18,000 employees at 1,900 agency locations, …
August 22, 2005
A group of 18 insurers is suing American International Group and bankrupt fronting company Trenwick America Reinsurance Corp. for allegedly scheming to collect as much as $73 million in what the insurers claim are “grossly inflated” workers compensation and other …
August 22, 2005
The Republican Party of Virginia is suing its liability insurance carrier, seeking nearly $1 million in reimbursement for the GOP’s payout to settle a lawsuit over an eavesdropping scandal and attorneys’ fees the insurer refused to cover. The insurer has …