January 28, 2007
There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …
January 28, 2007
Mississippi Insurance Commissioner George Dale told members of the state’s House and Senate insurance committees that preliminary estimates show a $30 million government subsidy would cut commercial insurance rates by about half. “That is not written in stone yet because …
January 28, 2007
Leslie Shechter Newman (AP Photo/Mark Humphrey)
January 28, 2007
Legislators rolled up their sleeves, ripped off their ties and unbuttoned their collars as a special legislative session on property insurance came to a head in Florida. After six days of conferring, negotiating and cajoling, they came to bipartisan agreement …
January 28, 2007
A Christians-only health plan that serves nearly 20,000 churchgoers nationwide can continue operating in Kentucky, a judge ruled recenntly. Franklin County Circuit Judge Thomas D. Wingate said the Medi-Share program isn’t insurance and therefore doesn’t violate the state’s insurance laws. …
January 28, 2007
Insurance agents want to avoid litigation, but it is not always possible. When they become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …
January 28, 2007
Mass. Gov. Patrick replaces commissioner; halts high risk plan Massachusetts Gov. Deval Patrick has taken steps to install his own appointee as insurance commissioner and halted the ongoing implementation of reforms to the state’s auto insurance high risk pool championed …
January 28, 2007
A judge has ordered the Roman Catholic Diocese of Springfield, Mass. to release thousands of pages of documents in a dispute between the church and seven of its insurance carriers over settlements with clergy sex abuse victims. The diocese sued …
January 28, 2007
In some of its specific provisions Delaware’s workers’ compensation reform law (SB1): • directs that a new workers’ compensation rating plan be filed with the Insurance Commissioner within 90 days of the effective date of a medical payment system and …
January 28, 2007
Lloyd’s of London announced that Julian James, its director-worldwide markets, will be leaving at the end of April to join Lockton International. James has been responsible for all Lloyd’s commercial activities outside the UK, including the management of its 72 …