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

People and Places

Preferred Professional Insurance Co., an Omaha-based medical liability insurance firm, announced the addition of Denise A. Hill, as vice president, general counsel and corporate compliance officer. In her new capacity, Hill will lead PPIC’s federal, state, and local regulatory compliance …

Customer data protection

Under federal law: A discussion of the Gramm-Leach-Bliley Act 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 …

State fraud bureaus long on arrests; Short on convictions

State fraud bureaus are delivering record results in combating swindles, but the positive figures may mask deeper weaknesses in some areas of performance, says a study of 47 state agencies by the Coalition Against Insurance Fraud. “For the most part, …

Kansas State’s new lab on front lines of biosecurity

Randy Phebus, food microbiologist and professor of food safety and security at Kansas State University, didn’t get much of a response when he first proposed the idea of a new lab that would aim to protect the nation’s food supply. …

Truth selling

That jacket makes you look 20 pounds lighter!” “This car is the best one on the lot.” “This house needs no work at all.” Sales pitches such as these can be heard every day. However, such ploys likely do little …

It 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 …

Declarations

Fed role “It is clear that the government has got to step in.” U.S. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, supporting a national program to backup private hurricane and flood insurance markets. Sponged-off “It is …

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 fire-resistant construction materials. But a deadly blaze in the Bronx served …

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 …

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 …