January 8, 2007
Mexican trucker Brigido Moctezuma lives in a city just south of Mexico’s border with Texas, far from talks on whether he’ll be able to drive his loads of vehicle air bags all the way to assembly lines in Detroit. All …
January 8, 2007
Lawsuit reform revisited “While I am still reviewing [the] ruling, my initial reaction is that of disappointment, because I believe it will lead to an increase in frivolous lawsuits, higher insurance costs, and less access to health care for our …
January 8, 2007
Enrollment began Dec. 20, 2006, in Arkansas for a program partly paid by Medicaid dollars that will eventually offer insurance to 80,000 low-income workers. The Associated Press reported that health officials hope the initiative will cut down on the number …
January 8, 2007
A federal judge agreed in late December to transfer Missis-sippi Attorney General Jim Hood’s lawsuit against insurance companies over Hurricane Katrina damages from federal to state court. U.S. District Judge L.T. Senter Jr. ruled that Hood’s lawsuit belongs in state …
January 8, 2007
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
January 8, 2007
Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit and other financial services markets. The …
January 8, 2007
Cancellation and Nonrenewal John Gibson Auto Sales Inc. v. Direct Insurance Company (Ark. App., Div. III and IV, Dec. 20, 2006) Arkansas statute deemed inapplicable. Insured brought suit against insurer for denial of auto coverage. Insurer claimed coverage was not …
January 8, 2007
You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of predicting the future, however, underwriters …
January 8, 2007
A handful of arson convictions that relied largely on expert testimony are being re-examined because of changes in the scientific understanding of fire. Some are already in court, while in others, defense teams are putting together a case. Among the …
January 8, 2007
Studies have chipped away at old fire science for years but many prosecutions are still based on discredited methods The clues were everywhere. A young woman lay dead in a burned cabin at a church camp in East Stroudsburg, Pa., …