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

Illinois Supreme Court Reverses $1.06 Billion State Farm Auto Repair Parts Case

Today, the Illinois Supreme Court reversed a prior state court’s $1.06 billion judgment in a class action against State Farm Insurance over the use of so-called aftermarket auto parts for repairs. The high court decision overturning the lower court ruling …

Shifting Commuter Habits Can Cut Insurance Costs in Calif.

With gasoline prices creeping past $3 per gallon in some areas, California commuters may turn to public transportation to ease the gas crunch. But they may not realize that making a habit of public transportation may also save them money …

Beecher Carlson Expands Health Care Practice; Adds Seven Executives

Beecher Carlson, an insurance and risk management company, announced that it has expanded its National Health Care Practice with the appointment of seven industry professionals. The team expansion increases Beecher Carlson’s presence across four of its offices – Irvine, California, …

Fireman’s Fund Offering Crisis Management Coverage for the Hotel Industry

Fireman’s Fund Insurance Company has introduced a new crisis management coverage that pays for professional public relations counsel to help businesses overcome disaster and preserve their reputation as well as for expenses required to get back to normal operations as …

Michigan Consumers Eligible for Payment from Aon

The Office of Financial and Insurance Services (OFIS) announced that Michigan consumers will receive compensation as part of a negotiated settlement with insurance brokerage Aon Corporation. Nearly 8,000 Michigan citizens were affected by the settlement and are due $5,143,092. This …

Surgeons, Blue Cross of Mich. Team for Vascular Study

In a collaboration between the American College of Surgeons and Blue Cross Blue Shield of Michigan (BCBSM), 15 of the state’s largest hospitals will participate in a program to evaluate the results of the general and vascular surgery procedures performed …

U.S. CSB Issues Urgent Safety Recommendation to BP Global Board in Wake of Accidents at Texas Facilities

The U.S. Chemical Safety and Hazard Investigation Board, (CSB) recently issued an urgent recommendation calling on the BP Global Executive Board of Directors to commission an independent panel that would review a range of safety management and culture issues in …

Ark. Woman Gets 15 Years in Conspiracy to Kill Ex-Husband in Insurance Scheme

A Texarkana, Ark., woman was sentenced to 15 years in prison after pleading guilty to a plot that involved her 18-year-old son and one of his young friends traveling to Houston to kill her ex-husband. The man was not harmed. …

The Hartford Develops Online Premium Audit Tool

The Hartford Financial Services Group Inc. has introduced an online Premium Audit Reporting tool to simplify the process of submitting information to reconcile insurance premiums. Most commercial insurance premiums are provisional, calculated at the beginning of the policy year based …

ProMutual Expands Program to Prevent Shoulder Related Birth Injuries

ProMutual Group, the laregst writer of medical malpractice insurance in the Northeast, is expanding its successful patient safety program aimed at reducing the incidence of shoulder dystocia. Shoulder dystocia is a birth complication in which a baby’s shoulder is blocked …