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

Court: Negligence Not Transferred to Illinois Woman Murdered by Husband

The Illinois Supreme Court has sided with health care providers who treated a mentally ill man who subsequently murdered his wife. In Brenda Tedrick, Adm’r Of The Estate Of Teresa Street, Deceased, et al., V. Community Resource Center Inc., et …

West Virginia Workers’ Comp Insurer BrickStreet Free of Debt to State

BrickStreet Mutual Insurance has remitted its final payment to West Virginia for funds it owes the state for aiding its transition from a state-run organization to a private carrier in 2006. Since the end of June when the workers’ compensation …

Delaware Court Changes Underinsured Limits in Case of Hurt Motorcyclist

A Delaware Superior Court has ruled that Progressive Insurance Co. must provide $15,000 in uninsured/underinsured motorist (UM) coverage to a severely injured motorcyclist who sued the insurer after learning he had none. The policyholder, Mark Banaszak, has sough to reform …

Ironshore Expands U.S. Distribution Network

Ironshore Inc. will be expanding its distribution network by establishing regional offices throughout the United States. Steven England has been appointed executive vice president of Ironshore Insurance Services, responsible for overseeing Ironshore’s U.S. Field Operations. Ironshore Insurance Services has opened …

Utah Firm Hires Ogden Associate

The Buckner Company has hired J. Bart Laybourne, an insurance professional with more than 20 years experience, to their Ogden, Utah, location. Laybourne has served the Ogden community for the past 20 years both through his work as an insurance …

California Settles Life Insurer Violations Case

California State Insurance Commissioner Steve Poizner announced today that the Department of Insurance has reached a $600,000 settlement agreement with Life Insurance Company of North America (“LINA”) to resolve allegations of disability insurance claims handling violations from February 2005 through …

Tully Joins Lassiter Ware Insurance in Florida

Mike Tully has joined the team of Lassiter Ware Insurance in the Maitland, Fla., office as a commercial insurance consultant, specializing in technology, medical/life sciences and recycling. Tully graduated from Florida State University with a degree psychology and has business …

P/C Insurers’ Technology Spending Up 1.6%

Planned information technology (IT) spending by property/casualty insurance companies increased 1.6 percent from 2008 to 2009, according to researchers. The planned increase in spending from 2009 to 2010 will only be around 0.2 percent. This slight increase is expected despite …

Insurers Back Away from Washington Flood Area

Insurance brokers say private companies won’t sell flood insurance in Kent, Renton, Auburn and Tukwila where the Corps of Engineers says Green River flooding is likely this winter. Federal insurance is still available but capped at $500,000 for a structure …

California Wildfire Victims Want Probe

People affected by the massive wildfire that burned about 250 square miles northeast of Los Angeles are calling for a federal investigation into what they say was a poor initial response to the blaze. Angry residents of the Big Tujunga …