Court Limits What Medical Bills Juries Can View Insurance companies, and ultimately California consumers, avoided a windfall sought by the Consumer Attorneys of California to the tune of more than $3 billion dollars per year. On Aug. 18, 2011, the …
Ambulance-chasing attorneys, frivolous lawsuit filings and contractual indemnification clauses were all subjects addressed by the Texas 2011 legislative session. Joanna Salinas, partner and manager of the Austin-based law firm of Fletcher, Farley, Shipman & Salinas, provided an update on the …
U.S. Risk Insurance Group Inc. has promoted Mike Mullens, the current national practice leader for the U.S. Risk healthcare division, to executive vice president. Mullens has more than 35 years experience in the insurance industry specializing in general liability, property …
Banks are set to lose almost three-quarters of the value of their Greek government bonds under a deal agreed early on Tuesday, slightly more than they had planned, people familiar with the matter said. Investors had previously expected to suffer …
The federal government has rejected Wisconsin’s request to phase in a requirement that health insurers spent 80 cents of every dollar in premiums on medical care, one of the provisions of the Obama administration’s health care reform. Gov. Scott Walker’s …
Officials said the telephone and the Internet have spurred an almost twofold increase in the number of insurance agents licensed to do business in North Dakota in the past decade. State insurance department data show an increase from 25,856 in …
A southern Illinois insurance agent and securities broker was sentenced to 17 1/2 years in prison after pleading guilty to an investment scheme that prosecutors said swindled roughly $6 million from dozens of mostly elderly clients. Victoria McGee-Harris, 59, of …
HCC Specialty’s Crisis Management Division will begin offering excess product contamination limits for large U.S. food and beverage companies. The company’s “Super Excess” facility will allow the company to participate on an excess basis on high-limit layered programs for which …
The U.S. should expect an active severe weather season with above-normal tornadoes in 2012. That’s after a near-record number of tornadoes in 2011, according to forecasters at AccuWeather.com in State College, Penn. Last year ranks as the fourth most deadly …
Rating agency A.M. Best’s London office said it has obtained the necessary approvals to establish a branch operation in the Dubai International Financial Center in Dubai, UAE. The new office will serve Middle East-North Africa, South and Central Asia. The …
