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

‘Twas Risky Night Before Christmas…an Insurance Holiday Tale

An oldie but goodie from Insurance Journal’s archives: ‘Twas the night before Christmas (12:01 a.m. 12/25) and all through the house (single family, joisted masonry, e.c.3, terr. 44, pc5), not a creature was stirring, not even a mouse (thorough pride …

Federal Vioxx Retrial Set for Feb. in New Orleans

Round Two of the first U.S. federal trial challenging safety of Merck & Co.’s drug Vioxx will be Feb. 6 in New Orleans, a judge has told attorneys. U.S. District Judge Eldon Fallon of New Orleans held a private telephone …

The Hartford Marks 10 Years as Public Company and Its Split from ITT

he Hartford Financial Services Group, Inc. (NYSE:HIG) , one of the nation’s largest financial services and insurance companies, is celebrating its 10-year anniversary as a publicly traded company on the New York Stock Exchange. The Hartford regained its independence one …

Milwaukee CPCU Society Schedules Leadership Institute Courses

The CPCU Society and the Society’s Greater Milwaukee Chapter announced recently that it will be host two CPCU Society National Leadership Institute (NLI) courses, Strategic Thinking and Strategic Planning on January 18, 2006. The CPCU Society National Leadership Institute (NLI) …

PT and OT Preauthorization Mandatory Under Texas Workers’ Comp System Effective Dec. 1

House Bill 7 amended Texas Labor Code §413.014 by adding physical therapy and occupational therapy to the list of services requiring preauthorization. The Texas Department of Insurance, with bulletin B-0039-05, notified system participants that this provision would be effective upon …

TDI Announces Holiday Hours

The Texas Department of Insurance reported that all of its offices will close at noon on Dec. 23, 2005. Offices also will be closed for the state holiday on Dec.26. Normal business hours will resume on Dec. 27. If a …

Devlin to Chair Texas Insurance Fraud Committee

Dennis J. Devlin, regional vice president of the Travelers Property and Casualty Insurance Company, has assumed the chairmanship of the Texas Committee on Insurance Fraud. Devlin replaces Craig Sparks, CEO of Union Standard Insurance Co., who stepped down after serving …

Calif. Court Decision Expected to Lower Workers’ Comp Rates

Los Angeles based law firm Roxborough, Pomerance & Nye LLP recently won a ruling that the firm said will affect the way workers’ compensation premiums are calculated for California employers covered by a carrier that subsequently was liquidated or became …

La. to Launch Mediation Program for Consumers With Hurricane-Related Insurance Disputes

Louisiana Commissioner of Insurance Robert Wooley will hold a press conference on Thursday, December 22, 2005, at 1:00 p.m., to announce the launch of the Louisiana Hurricane Mediation Program. The press conference will take place in the 1st floor hearing …

W.Va. Bus Driver Sentenced for Workers’ Comp Fraud

Terry Lee Villers of Wirt County, W.Va. has been sentenced to two felony counts of workers’ compensation fraud according to Insurance Commissioner Jane L. Cline. Villers was sentenced Dec. 16 in the Circuit Court of Kanawha County to two terms …