Monthly Archives: <span>February 2008</span>

Time to Invest Infrastructure

U.S. District Judge Stanwood Duval recently dismissed a lawsuit against the U.S. Corps of Engineers over levee failures in New Orleans following Hurricane Katrina in 2005. Duval ruled the Corps had immunity from the lawsuit, not because he didn’t believe …

N.Y., States Lead on Bond Insurance Solution, Citing Federal Failure

New York Governor Eliot Spitzer and Insurance Superintendent Eric Dinallo have been leading the call for solutions to the growing bond insurance crisis. They and others are also blaming federal regulators for failing to act to avert the crisis and …

Pa. Jury Awards $10M to Teen in Lap Belt Crash

A Pennsylvania jury awarded $10.2 million to a teenager who was paralyzed in a drunken driving crash while wearing a lap belt in the backseat. The belt tore into Chelsea Pursell’s abdomen, fracturing her spinal cord and causing internal injuries …

Declarations

Smoking Wager “Visitors regularly comment on the smoke and have noted that it ‘smells like a casino’ in the common hallway.” —Court papers filed by Manhattan lawyer-couple Jonathan and Jenny Needleman Selbin, who are suing their cigarette-smoker neighbor, Galila Huff, …

Conn. Court Upholds $15K Emotional Distress Damages Award in Wedding Reception Dispute

A Connecticut appeals court has affirmed a lower court’s ruling that awarded a bride $15,000 for emotional distress following a “Shakespearean drama of confusion and lost opportunities” that resulted in her having to move her wedding location two years after …

People

Colemont Insurance Brokers has promoted Larry Kessler broker in the company’s Hartford, Conn. office. Kessler, who has served in various positions with Colemont since 2004, will specialize in casualty and property placements. Prior to joining Colemont, he managed a non-standard …

Maryland Can’t Stop Allstate Nonrenewals

Maryland Insurance Commissioner Ralph S. Tyler has accepted Allstate Insurance Co.’s decision to refuse new homeowners’ policies in coastal areas. Tyler said his agency’s hands are effectively tied from halting Allstate’s plan. “While the result here may be disappointing to …

Spate of Fire Deaths Has Officials Sounding Alarm Over Smoke Detectors

Rural as well as urban communities being targeted; local groups’ involvement seen key to smoke detector awareness Safety officials across the Northeast have ramped up their efforts to raise awareness of smoke detectors after a rash of major fires claimed …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Baseball/Softball Insurance Nuts & Bolts: Francis L. Dean & Associates of Florida LLC is offering …

Delaware’s Denn Seeks New Job

Delaware’s incumbent Insurance Commissioner Matthew Denn, a Democrat who assumed the office in 2005, is running for lieutenant governor. Sussex County Recorder of Deeds John Brady is officially in the race to succeed Denn as state insurance commissioner. Brady is …