February 10, 2008
$16.4 Million The total dollar value of subsidies sent last month to eligible doctors in high-risk specialties in New Jersey. The state distributed the cash as part of a program to ensure medical care for Ocean State residents by helping …
February 10, 2008
Suspended drivers represent a small minority of all motorists but are involved in a disproportionately large number of serious highway crashes in Maine, the Maine Sunday Telegram reported. After analyzing records from a statewide database of 160,000 motor-vehicle crashes from …
February 10, 2008
Some of the largest auto insurance writers in Massachusetts whose rates were challenged have been given the green light to use the rates they filed for 2008 in a group of pro-competitive rating rulings by the state’s regulator. The rulings …
February 10, 2008
Bad Policy Call “I never experienced the outcry from the public that I heard on this bill… this was a bad policy call on our part.” —Virginia Senator R. Edward Houck (D-Spotsylvania), sponsor of the bill that repealed bad driving …
February 10, 2008
New Jersey Banking and Insurance Commissioner Steven M. Goldman reported that the state began sending subsidies of $16.4 million last month to eligible medical practitioners in certain high-risk specialties. The subsidy payments are being distributed to nearly 1,200 physicians under …
February 10, 2008
The main management consultant and contractor on Boston’s $15 billion Central Artery/Tunnel Project (Big Dig) and their insurers have agreed to pay more than $407 million to resolve civil and criminal liabilities in connection with the partial ceiling collapse and …
February 10, 2008
New York agents looking to spruce up their advertisements better pay attention to the list of insurers they represent. And their insurers’ addresses. That’s because any agency or brokerage that lists in advertising the companies it represents must also include …
February 8, 2008
The Texas Supreme Court on Feb. 1 handed down a long awaited ruling in a case that many believe to be one of Texas’ most significant insurance cases in recent history. The Court reversed its May 2005 decision in Excess …
February 8, 2008
Imperial Sugar Company reported that an explosion occurred Thursday at approximately 7pm EST at its sugar refinery in Port Wentworth, Ga., which is located near Savannah, Ga. A number of associates and contractors have been injured but the type and …
February 8, 2008
The Association of California Insurance Companies, an affiliate of the Property Casualty Insurers Association of America, reports that the following 2007 insurance-related bills missed the Jan. 31 deadline to pass out of their houses of origin and are now dead: …