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

Oklahoma Commissioner Questions Legality of Driving Record Fee

Oklahoma Insurance Commissioner John Doak has requested that the state’s attorney general determine whether a 2010 bill increasing the costs of driving records was properly enacted by the Legislature. The bill increased the cost of obtaining a motor vehicle report …

Missouri Insurance Director Elected to NAIC Executive Committee

John M. Huff, director of the Missouri Department of Insurance, Financial Institutions and Professional Registration, was elected June 6 as vice president of the Midwest Zone of the National Association of Insurance Commissioners. In this position, Huff will serve on …

Skype Sued in U.S. by Luxembourg Firm Alleging Patent Infringement

Internet video phone company Skype Inc. was sued in U.S. federal court Thursday for infringing the patents of a Luxembourg company, which has filed similar lawsuits against Skype in Europe. The lawsuit in the District of Delaware comes a month …

Swiss Re to Reinsure Ethiopian Microinsurance Project

Swiss Re is to reinsure a five-year project that provides drought insurance for crops in Ethiopia, in a microinsurance program developed by the World Food Program (WFP) and Oxfam America. The world’s biggest reinsurer will commit $1.25 million to the …

Father’s Day: Tennessee Court Considers Paternity Fraud, Damages

The Tennessee Supreme court has agreed to hear a case that could decide whether a man has legal grounds to sue for being duped into supporting a child that turns out to be fathered by someone else. Legal experts believe …

Vermont Officials Seek Flood Damage Reports

United Way officials in Vermont say they want to collect information to help make the case to the federal government that the state should be eligible for individual assistance from the Federal Emergency Management Agency due to recent flooding and …

P/C Insurance Industry Wins, Loses in Scott’s First Session

It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter how many …

Florida Judge Questions Tickets in Red Light Camera Debate

A Broward judge has ruled that law enforcement officers cannot ticket drivers for running red lights. It’s another piece of legal wrangling in the ongoing dispute over red light cameras. County Judge Fred Berman recently ruled that tickets for running …

Judges Question Individual Mandate in Healthcare Law

Three federal appeals judges expressed unease with a requirement that virtually all Americans carry health insurance or face penalties, as they repeatedly raised questions about President Barack Obama’s health care overhaul. At a Wednesday hearing, the three judges on the …

Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses

Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than $1 billion in catastrophe losses, the property insurer said Friday. The company also warned of worst-case scenario industry losses on …