Monthly Archives: <span>March 2011</span>

Oklahoma House Bill Would Cap Noneconomic Damages at $300K

House Bill 2128 has cleared the Oklahoma House of Representatives Judiciary Committee. The measure would include a cap of $300,000 for noneconomic damages in all civil actions and repeals the inactive indemnity fund. It heads to the full House for …

Aon Risk Solutions Adds Cafferelli in Arizona

Aon Risk Solutions, the global risk management business of Aon Corp. has announced that Joe Cafferelli joined the firm as managing director in the Phoenix office. In his new role, Cafferelli is responsible for business development and managing client services …

Independent Agents: Tell Carriers What You Think

Agents: There is still time to tell insurance carriers what you think! Take this quick survey. What are the most important factors in the independent agents’ relationship with insurance carriers—and which ones rate the highest on these factors? Insurance Journal …

Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms

The Chubb Group of Insurance Companies is offering newerrors and omissions (E&O) and general liability insurance policies to address risks faced by life sciences companies. Chubb’s general liability policy, Extended General Liability for Life Sciences, offers three enhanced coverage triggers …

NIP Programs Launches Medical PL for Physicians Assistants

NIP Programs, a division of NIP Group, Inc. has introduced MedEdge for Physician Assistants, a new personal, customizable professional liability coverage that protects, defends and rewards Physician Assistants. Backed by an A.M. Best “A-rated” insurance carrier, MedEdge features professional liability …

California Proposes to Disable Itself From Taxing 100% of Surplus Lines Premium

A California legislator has proposed a surplus lines bill — one effect of which will reduce California’s surplus lines premium tax revenues. On Feb. 9, 2011, California Assembly Member Solario introduced Assembly Bill No. 315 (AB 315), the California Department …

Idaho Bill Says Driving & Texting OK, As Long As Driver Isn’t Distracted

An Idaho House representative has proposed a bill to allow people to text and drive — as long as they’re not distracted. House Bill 141, proposed by Rep. Marv Hagedorn, R-Meridian, says no person operating a motor vehicle shall use …

Association Seeks Outstanding Insurance Marketing, Communications

The Insurance Marketing Communications Association has announced a worldwide call for entries for its IMCA Showcase Awards. These are the insurance industry’s creative awards for marketing and communications professionals. Awards are offered in 35 categories, recognizing outstanding work across internal …

York Specialized Loss Adjusting Acquires Texas-based BC Johnson Assoc.

York Specialized Loss Adjusting (York SLA), a division of New Jersey-based York Risk Services Group Inc., announced it has acquired BC Johnson Associates, a provider of specialized loss adjusting and risk assessment services to the global energy industry. The terms …

2 San Diego Insurance Women Receive Awards

San Diego Insurance Women affiliated with the National Association of Insurance Women International announced that two of its members were honored at the Regional Conference held in Sonoma, Calif. Nancy Ladd of Golden Eagle Insurance Corp. was awarded the Hall …