December 19, 2005
Dan Carmichael Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Seth Davis Carmichael joined Ohio Casualty …
December 19, 2005
Former Chicago Insurance Broker Serving Time for Fraud Appears on TV; Is Movie Next? Once you get over the fear…you find that people are just people,” Michael “Mickey” Segal, 63, told an ABC-TV news anchor regarding concerns about other prison …
December 19, 2005
Wisconsin Gov. Jim Doyle vetoed legislation that would have capped the amount of money medical malpractice victims could win in court for their pain and suffering, an issue that has been a political flash point across the country. Republican lawmakers …
December 19, 2005
A federal district court judge in South Dakota ruled that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement, although appeals are still pending in several jurisdictions. U.S. District …
December 19, 2005
A New Federal Law Encourages Airports to Build Safety Zones or Extend Runways by 2015 A deadly accident in which a Boeing 737 slid off the end of a snowy Chicago runway on Dec. 8 brought renewed demands for buffer …
December 19, 2005
The fourth annual “Judicial Hellholes” report, a ranking of state courts that are sought by plaintiffs because they are judged by critics to have the toughest environment for defendants in civil liability lawsuits, was released recently and Illinois again had …
December 19, 2005
The insurance industry effects real public policy change when our arguments are based on principle. Presented in an assertive, thoughtful and focused manner, we can succeed. Recent developments in the National Association of Insurance Commissioners’ effort to mandate non-public insurance …
December 19, 2005
U.S. Senate Majority Leader Bill Frist, who is a medical doctor, has called for the U.S. to take aggressive measures to fend against the severe economic damage brought on by an avian flu pandemic. Citing a Congressional Budget Office report …
December 19, 2005
People injured by a vaccine against bird flu or anthrax would have to prove willful misconduct to bring a claim for damages against drug manufacturers or distributors, according to legislation being drafted by Republicans. A 10-page draft of the legislation …
December 19, 2005
Recent N.Y. $21 Million Jury Award May Be Last of Its Kind in the Nation A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may …