Monthly Archives: <span>April 2009</span>

Nevada Court Addresses Medical Malpractice Backlog

The Nevada Supreme Court is taking steps to resolve a backlog of medical malpractice lawsuits through a “settlement marathon” in May. Court spokesman Bill Gang says teams of two senior judges will be assigned to conduct settlement conferences on malpractice …

U.S. Forecaster Lowers Atlantic Hurricane Prediction

Citing cooler seas and the prospect of a weak El Nino, Colorado State University’s hurricane team lowered its 2009 Atlantic forecast Tuesday to 12 tropical storms, of which six could become hurricanes. The research team, founded by storm forecasting pioneer …

Guy Carpenter: Rates Rising on U.S. Property Catastrophe Reinsurance

A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009 renewals. According to Guy Carpenter & Co.’s “Rates Up on Tightening Capacity at U.S. 4/1 Prop-Cat Renewal” briefing, national programs …

Aon UK Launches Free ‘Insurance Health Check’ for SME’s

Aon’s London office announced the launch of a free and impartial advisory service to small and medium-sized businesses (SME’s] to ensure their insurance programs are equipped for the risks of today’s economic climate. Aon said its new “Health Check will …

U.S. Judge Halts Washington Mutual Fraud Lawsuit

A federal judge on Monday halted a consumer class-action fraud lawsuit against Washington Mutual Inc, saying it may be more appropriate for the Federal Deposit Insurance Corp to handle claims against the failed savings and loan. Judge Arthur Spatt of …

Ohio Work Comp System Study Released

The Ohio Bureau of Workers’ Compensation (BWC) recently announced the release of a year-long comprehensive study of Ohio’s workers’ compensation system. The study, conducted by actuarial insurance experts from Deloitte Consulting LLP, is available for viewing online at ohiobwc.com/deloitte. The …

Somali Pirates Strike Again; Hijack British, Taiwan Vessels

Pirates seized a British-owned ship and a Taiwan-registered fishing boat after taking three vessels last weekend, officials said on Tuesday, marking a jump in the number of hijackings in the waters off Somalia this year. In the first three months …

Calif. Workers’ Comp Permanent Disability Ratings Not Bound by AMA Guides

The California Workers’ Compensation Appeals Board recently ruled on two permanent disability (PD) workers’ compensation insurance cases that physicians are not necessarily bound by the American Medical Association’s “Guides to the Evaluation of Permanent Impairment” portion of the 2005 Schedule …

Federal Judge in Arkansas Dismisses Stranded Passenger Lawsuit

A federal judge in Fayetteville, Ark., has dismissed a lawsuit by an Arkansas woman that claimed she was illegally imprisoned on an American Airlines airplane for 91/2 hours in 2006. In an 18-page ruling, U.S. District Judge Robert T. Dawson …

Roach Howard Smith & Barton Launches New Specialty Practice Group

Dallas-based Roach Howard Smith & Barton (RHSB), an independent insurance brokerage firm and Assurex Global partner, expanded its firm to include a new Technology, Life Science & Media (TLM) specialty practice group. Traditionally, technology, life science and media are industries …