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

Ohio Supreme Court Tosses Out $30 M Verdict in Medical Malpractice Case

The Ohio Supreme Court threw out a record $30 million verdict won by a brain-damaged man, citing his Detroit-area attorney for inappropriate theatrics in court. The verdict, the state’s largest medical malpractice award, was influenced by Geoffrey Fieger’s behavior, Justice …

House Leader: 120-Day Extension for Federal Terrorism Insurance Possible

A key House leader says he will push for a 120-day extension of the federal terrorism reinsurance program that expires at year’s end rather than simply accept the Senate bill that is narrower in scope than the House bill. Rep. …

Polk and ISO to Integrate ISO Liability Symbols

R. L. Polk & Co., a provider of automotive information and marketing solutions to the automotive world, and ISO, a provider of risk-related products to the insurance industry, announced that Polk will now offer the ISO Liability Symbols product for …

Ky. Tornadoes Render Owensboro’s Oldest Bar Unsalvageable

An Owensboro, Ky., bar that dates back to the end of Prohibition is being torn down after tornadoes that were part of storms that swept through western Kentucky caused irreparable damage to the structure. Martin’s Bar opened in the 1930s …

S.C. Insurance Deptartment Announces Home Mitigation Program Grants

Fourteen South Carolina homeowners received grants of up to $5,000 each to help strengthen their homes against the high winds associated with hurricanes and other natural disasters. The S.C. Safe Home Grant Program was established in June as a part …

Chicago Specialty Underwriters’ Alliance Loder Resigns Effective Jan. 1

Specialty Underwriters’ Alliance, Inc. recently announced that William Loder, the company’s chief underwriting officer, has resigned effective Jan. 1, 2008. President and Chief Executive Officer Courtney Smith said, “Bill has been with us since our inception and has made significant …

S.C. Workers’ Comp Commission Won’t Follow Sanford Order’s Standard

The South Carolina Workers’ Compensation Commission unanimously rejected Gov. Mark Sanford’s order to begin using uniform medical standards in deciding how much should be paid to injured workers with long-term disabilities, according to an order released last week. The Republican …

Job Protection Sought in N.D. Workers’ Comp Case

A workers’ compensation fraud investigator whose testimony helped lead to a felony charge against the agency’s chief executive has asked for job protection, saying he fears he will be fired. Todd Flanagan is the fourth Workforce Safety and Insurance employee …

Federal Grand Jury Indicts La. Woman in Construction Bonds Case

A federal grand jury in New Orleans brought a 15-count indictment against a Louisiana woman who sold construction bonds in several states, including Tennessee, after she was barred from the insurance business. Federal convictions in 1989 and 1991 barred Gwendolyn …

Bessis Joins Integro’s London Office

Integro Ltd. announced the addition of Guy Bessis as Managing Principal with the firm’s newly established international insurance and reinsurance unit in London. He will focus on developing business from Continental Europe and South Africa as well as developing Integro’s …