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

Federal Role in Regulation is the Big Unknown in Surplus Line’s Future

If Congress Changes Regulation, Impact Would be Big … But That’s a Big ‘If’ While underwriting cycles and the dynamics of distribution are certain to shape the surplus lines industry of 2010, a number of forecasters believe regulatory changes emanating …

Court Ruling Says Asbestos-Related Disease Does Not Constitute ‘Bodily Injury by Accident’

The U.S. Court of Appeals, Fifth Circuit, recently issued its opinion in Graphic Packaging International Inc. v. Employers Insurance of Wausau, upholding the validity of an exclusion for “bodily injury by disease” found in workers’ compensation/employers liability policies issued by …

OHIO DOI COLLECTING MED LIABILITY DATA:

The Ohio Department of Insurance recently launched a Web-based medical liability data collection application that enables insurers and those who pay medical liability claims on behalf of health care providers to securely report to the Department their costs of defending …

MOST MINN. EMPLOYERS OFFER MED BENEFITS:

More than half of Minnesota employers offer paid medical insurance to full-time employees, according to the 2005 Minnesota Employee Benefits Survey. About 53 percent of firms offer paid medical insurance, while just 12 percent offer benefits to part-time employees, according …

GE PLANS SALE OF INSURANCE UNITS:

General Electric Co. likely will sell all of its remaining insurance operations, which include Kansas City-based GE Insurance Solutions, according to comments made by the head of GE Insurance Solutions. Ron Pressman, head of GE Insurance Solutions, said GE probably …

KATRINA COULD AFFECT ILL. INSURANCE RATES:

Experts say the path of destruction left by Hurricane Katrina likely will lead to higher insurance rates in the metro-east and across the country, although it is unclear how much and how soon rates will rise, according to a report …

Silly Business Suits Back in Style

Saying complimentary things about trial attorneys is not exactly the surest way to win friends in the insurance industry. Yet even in the heated debate over tort reform, it should be acceptable to acknowledge when the other side might have …

Wis. Launches First Health Insurance Cooperative

The first health insurance cooperative in Wisconsin is set to be introduced this month to help small businesses, nonprofits and individuals negotiate affordable insurance plans. According to Associated Press, Co-op Care of Southeastern Wisconsin is preparing to roll out its …

Wisconsin Senate Committee Kills “All Sums” Bill

A Wisconsin Senate Committee has killed the “all sums” bill, a measure vehemently opposed by the insurance industry. A.B. 222 (Senate Bill 137), was defeated in the Senate Committee on Agriculture and Insurance by a vote of 6-1 on Sept. …

People & Places

Marjorie Dorr WellPoint, Inc.announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer. Mark Boxer “As chief strategy officer, Marjorie will have a key …