Monthly Archives: <span>June 2010</span>

Rush to Electronic Health Records Could Increase Liability Risk

Although the benefits of bringing information technology to health records can be substantial, electronic health records (EHR) systems also give rise to increased liability risks for health care providers due to possible software or hardware problems or user errors, according …

150 Reported Dead, Millions Homeless in China Floods; RMS Report

Risk Management Solutions latest report on heavy floods in southern China indicate that at least 150 people have died, thousands of homes have been destroyed, and over a million residents have been forced to evacuate, as “severe rains and isolated …

Best Lowers Ratings on BP Captive Jupiter; Outlook Remains Negative

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit rating (ICR) to “a” from “aa-” of Guernsey-based Jupiter Insurance Limited, a captive of BP plc. The outlook for both ratings …

Willis Opens New Kazakhstan Office

Willis Group Holdings announced that it has received official approval from local authorities to open a representative office of Willis Limited in Kazakhstan, the third office Willis has opened in the former Soviet Union, in addition to branches in Russia …

Hearings on Insurance Donations to Georgia’s Oxendine Cancelled

A Fulton County Superior Court judge has halted a scheduled hearing next week by the State Ethics Commission on State Mutual Insurance Company’s $120,000 political contributions to John Oxendine, current insurance commissioner and Republican candidate for governor in Georgia. State …

Mississippi Ban on Sale of Toy Lighters Goes Into Effect July 1

Retailers throughout Mississippi have a little less than two weeks to remove all novelty lighters from their shelves. The law which bans the sale and distribution of these lighters takes effect on July 1. Novelty lighters can look like, among …

Judge’s Approach to Curbing Malpractice Suits Gets $3 Million

To settle medical malpractice lawsuits, Judge Douglas McKeon sometimes quietly listens to heartbroken family members vent their anger. He calls it “humanness.” Curiosity about medical matters led the longtime New York City judge to become a specialist in resolving wrenching …

Lawsuit Fears Lead to Overtesting by Hospital Emergency Rooms

Fast decisions on life-and-death cases are the bread and butter of hospital emergency rooms. Nowhere do doctors face greater pressures to overtest and overtreat. The fear of missing something weighs heavily on every doctor’s mind. But the stakes are highest …

Lawmakers Seek Funds for Study of Tennessee Floods

U.S. Rep. Jim Cooper and U.S. Sen. Lamar Alexander say they would secure funding for the Army Corps of Engineers to produce a detailed report of the May flooding in Tennessee. Cooper issued a statement saying he had been told …

Supreme Court Rejects Pfizer Punitive Damages Appeal

The U.S. Supreme Court rejected Pfizer Inc.’s appeal of a ruling that ordered a retrial on how much punitive damages should be awarded to a woman who developed breast cancer after taking the company’s hormone replacement therapy drugs. Pfizer in …