Declarations – Missouri Department of Insurance Director John M. Huff commented on his agency’s involvement in a pending consumer fraud lawsuit filed by Attorney General Chris Koster against service contract seller US Fidelis. US Fidelis sold motor vehicle extended service …
Highway Deaths Lowest Since 1950 Highway deaths fell to 33,808 in the United States for the year 2009, the lowest number since 1950. The decline in traffic fatalities occurred even while estimated vehicle miles traveled in 2009 increased by 0.2 …
Fewer Properties Expected in Flood Plain With South Dakota Project
A flood-control project in the works for more than 20 years should be completed next year, removing 1,500 properties from Sioux Falls, S.D.’s flood plain, a city official said. Once the flood-control measures are in place, probably by the end …
New York Giants Sued by Woman Claiming Injury at ’09 Game
The New York Giants have been sued by a woman and her husband who claim she was attacked by fans during a New York Jets game played at Giants Stadium last year. Michelle Munoz says she attended the Sept. 20, …
Layoffs Don’t Have to Mean Lawsuits
The difficult economic conditions of the past few years are on top of most people’s minds. Challenging economic circumstances are adversely impacting individuals and proving destructive to public entities. The weak economy affects cities and counties everywhere, and no person …
New Hampshire Woman Blinded by Drug Wins $21M
A federal jury in New Hampshire has awarded $21 million to a woman blinded and scarred by a prescription drug she took for shoulder pain. Karen Bartlett, 51, of Plaistow suffered extreme burns to her skin, mucus membranes and eyes …
People
Elizabeth Heck has been named president and chief operating officer of New York-based GNY Insurance Cos. She is a 20-year veteran of the insurance industry. She began her career with Ernst & Young, and worked in senior corporate accounting positions …
Business Moves
Edgewood Partners, Wholesale Trading Edgewood Partners Insurance Center (EPIC), its co-founder John Hahn and industry investor Jeff Cappel have formed Wholesale Trading Co-Op Insurance Services (WTC), a boutique wholesale brokerage firm that will serve approximately 30 large, privately held retail …
Declarations
Mass. Med Mal Concerns “A shift in the Massachusetts medical professional liability insurance environment requires we make appropriate rate revisions to ensure our policyholders are adequately protected.” —Denise Funk, CEO of Connecticut-based medical professional liability insurer CMIC, which said it …
It Figures
$8 Billion The cost thus far to BP of dealing with its oil spills in the Gulf of Mexico. BP said that since it capped the well on July 15, it has spent around $90 million a day — in …
