May 5, 2008
The Louisiana Senate approved Senate Bill 588 by Sen. Don Cravins Jr. that would extend the “Insure Louisiana Incentive Program,” begun last year with $100 million, for a third round of grant offers to insurers. In the first two rounds, …
May 5, 2008
As chair of the National Association of Insurance Commissioners’ Surplus Lines Task Force, Louisiana Com-missioner of Insurance Jim Donelon wants to be “on the cutting edge of national reform of the state- based regulatory system.” On a national level, he’s …
May 5, 2008
Court: Employer should have verified subcontractor had insurance The Supreme Court of Oklahoma on April 15, 2008, upheld a finding by a previous three-judge panel that an employer is liable for an injury sustained by an employee of the company’s …
May 5, 2008
M.J. Hall and Company Inc., a managing general agent and surplus lines wholesaler based in Stockton, Calif., opened an office in Plano, Texas, and named Brett Amick as vice president and branch manager. Amick and his team collectively have more …
May 5, 2008
Oklahoma Attorney General Drew Edmondson and Concentra Health Services have forged a settlement that requires Concentra to pay the state more than $182,000 and institute new training procedures related to the company’s billing practices. The AG’s office reported the dispute …
May 5, 2008
The suits claim that mountaintop removal mining and logging left forests unable to soak up excessive rain and caused streams and rivers to overflow. Lawsuits seeking damages from timber, mining and land companies for devastating 2001 floods should be revived, …
May 5, 2008
The insurance industry is preparing to build a state-of-the-art applied research facility that promises to use science and technology to expand capabilities to create more durable homes and businesses and reduce the costs of natural disasters. The Institute for Business …
May 5, 2008
Georgia’s insurance commissioner said he’s running for governor in 2010, making him the first to enter what could be a crowded field of Republican heavyweights jockeying to replace Sonny Perdue. John Oxendine said gridlock in the recent legislative session helped …
May 5, 2008
Hospital Corporation of America has agreed to settle 11 lawsuits that accuse a former West Virginia physician of harming patients, a lawyer for the plaintiffs said. The lawsuits were filed by former patients and their families against Dr. John A. …
May 5, 2008
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …