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

Texas Court Halts Sale of Unauthorized Auto Insurance

Travis County, Texas, District Judge Suzanne Covington issued a permanent injunction on Nov. 15 barring SideCars Inc. of Joplin, Mo., from marketing and selling a form of limited physical damage insurance to used car dealers until the company obtains a …

Jury: Iowa Hotel Unlawfully Fired ‘Tomboy’ Worker

A federal jury in Des Moines has ruled that an Iowa hotel chain unlawfully fired an employee because of her “tomboy” appearance. The jury found that Heartland Inns of America fired Brenna Lewis for not conforming to the hotel’s gender …

Tennessee Insurance Department Easily Passes State Audit

A government audit of the Tennessee Department of Commerce and Insurance (TDCI) has found that the agency has managed to reduce costs and operate efficiently during the economic downturn. In fact, the state Comptroller’s audit found no issues with how …

Ireland’s Re/Insurers Not Seriously Affected by Financial Crisis

Even though Ireland’s financial crisis continues to make headlines, it’s not by any means a national meltdown, and it doesn’t appear to pose a threat to any of the re/insurance companies and brokers, who have substantial operations in the country. …

U.S. Auto Fatalities Down But Safety Efforts Lag

The United States is lagging behind nearly every other high-income country in reducing annual traffic fatalities, said a report released this week by a U.S. government research panel. There’s some good news: U.S. traffic fatalities fell 9.7 percent in 2009 …

Halter to Head New Southeast Region for Patriot National

Paul Halter has joined workers’ compensation specialist Patriot National Insurance Group as regional vice president of the newly created Southeast region. In his new role, Halter will establish a Patriot National regional office in Charlotte, N.C. and will take responsibility …

Soft Commercial Lines Market to Persist: Marsh

Soft U.S. commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published by Marsh. So far in the fourth quarter, Marsh said its clients renewing their programs have experienced average …

North Carolina’s Motley, Leading Black Politician, Insurance Exec, Dies

A pioneering black political leader in Charlotte has died. Long & Son Mortuary Service said Rowe Motley died last Friday at age 84. Motley was the first black commissioner in Mecklenburg County, serving in the 1970s. He was also North …

SEC Wants Fuller Disclosure of Lawsuit Costs

The U.S. Securities and Exchange Commission is asking for better disclosure from companies on potential costs of lawsuits and other contingencies, an official of the agency said on Tuesday. “We see companies having pages and pages of information but saying …

Medical Errors Take 15,000 Seniors’ Lives a Month: Inspector General

Mistakes and unavoidable problems kill an estimated 15,000 elderly U.S. patients every month in hospitals, U.S. government investigators reported Tuesday. More than 13 percent of patients covered by Medicare, the government health insurance for the elderly, or about 134,000 people …