Monthly Archives: <span>March 2007</span>

Handle customer data with care – it’s the law

Insurance agents and brokers constantly deal with customers’ personal information. Yet many in the industry may not be aware of the legal requirements for handling or storing this information. How should agents and brokers collect and handle sensitive information? The …

People Willis Group Holdings Limited has amended the employment agreement with Chairman and Chief Executive Officer Joseph J. Plumeri to extend its term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now …

News Currents

Tenn. bill seeks certification to reduce med-mal claims Tennessee lawmakers are working on a compromise medical malpractice reform bill that wouldn’t set a cap on damages but would create a way to penalize lawyers who bring frivolous lawsuits. The compromise …

Editor’s Note: Working in New York

New York Governor Eliot Spitzer is off to a tremendous start on insurance issues, having helped engineer a major reform of the state’s workers’ compensation laws. Framing it as critical to restoring the state’s economic competitiveness, Spitzer made it one …

Sarbanes-Oxley use in Conn. case worries corporate defense bar

The arrest of a prominent attorney on charges of destroying evidence in a Connecticut child pornography investigation is raising alarm bells that a law targeting corporate accounting schemes could be used to prosecute lawyers over work done on their clients’ …

Carpoolers in Conn. spared licensing

The Connecticut Department of Motor Vehicles says despite what an insurance company claims, parents who drive students to school events or field trips don’t need a special license. The issue came up when the Greenwich and Norwalk School district were …

News Currents

Judges fault Spitzer on case against Greenberg over charity funds One of Eliot Spitzer’s more contentious cases from his years as attorney general in New York was criticized by a panel of retired judges who discounted his claims that insurance …

McCarran repeal: Beware of negative unintended consequences

The McCarran-Ferguson Act enacted in 1945 provides for the continued regulation of insurance by the states and a narrow exemption from the general federal antitrust laws. The exemption is limited to activities that constitute the “business of insurance,” are “regulated …

News Currents

Fatal Bronx fire reminder of lax safety in many multi-family dwellings Fire fatalities have steadily declined in the U.S. since the late 1970s, thanks partly to improved building codes requiring safety measures such as sprinkler systems, multiple fire exits and …

Figures

42 The number of chemical plants in New Jersey affected by the state’s expanded chemical safety rules. Chemical facilities using extremely hazardous substances must now weigh using safer options and plant workers can now join state inspections under new rules …