Monthly Archives: <span>June 2012</span>

N.J. Assembly Advances Bills Aimed at Highway Safety

The New Jersey Assembly approved bills last Thursday that would toughen driver’s license requirements for young people and would allow a driver’s use of a cellphone in traffic accidents to factor into criminal charges. A Senate panel also discussed a …

Texas Supreme Court: Bad Faith Tort Inconsistent with Workers’ Comp System

In what has been called a landmark decision, the Supreme Court of Texas has found that a bad faith cause of action is inconsistent with the current workers’ compensation system. The Court’s decision strengthens a law affecting millions of Texans, …

Chartis Enhances Network Security Policy

The Chartis insurers have added enhancements to its network security and privacy insurance products, recently rebranded as CyberEdge, to better address evolving risk trends, including: coverage for confidential information protected under foreign privacy laws and breach notification laws; expansion of …

Regulators: Fewer Complaints Against Michigan Insurers in 2011

Consumer complaints against Michigan insurance companies are slightly down from the previous year. The Office of Financial and Insurance Regulation says in a statement that the agency received 3,441 insurance company-related consumer complaints in 2011, down from 3,645 in 2010. …

Court: Travelers Won’t Have to Pay Damages to Insured in Kickback Case

A federal appeals court said an insurance company doesn’t have to pay $1.75 million in damages as part of a settlement involving privately owned juvenile detention facilities in northeastern Pennsylvania. Travelers Property Casualty Co. claimed it was free from paying …

New Louisiana Coast Restoration Work to Start in 2 Areas

A $428 million plan to restore two parts of Louisiana’s rapidly eroding coastline is moving ahead. The commander of the U.S. Army Corp of Engineers, Lt. Gen. Thomas Bostick, officially signed the plan during a news conference on June 22 …

Michigan Residents Due $13.9M in Health Care Rebates

The federal government says 114,000 Michigan residents will get rebates from insurance companies under the Obama administration’s Affordable Care Act. Health and Human Services Secretary Kathleen Sebelius said the $13.9 million in rebates means about 65,000 families will get an …

Trade Group: 70K Vehicles Damaged in Dallas Area Hailstorm

Approximately 70,000 vehicles were damaged in the June 13 hailstorm in the Dallas, Texas, area and car rental companies are feeling the pinch, according to an insurance industry trade group. Car rental companies are reporting a shortage of cars, not …

Ariz. Officer Involved In 6 Kills Gets Disability

A city review board has granted disability retirement to a Scottsdale police officer involved in six deadly shootings over the past decade. The Public Safety Personnel Retirement System board unanimously voted to approve the application for accidental-disability retirement by Officer …

AIR Worldwide Comments on Tropical Storm Debby

Catastrophe modeling firm AIR Worldwide issued the following advisory on Tropical Storm Debby this morning: According to catastrophe modeling firm AIR Worldwide, Tropical Storm Debby is the fourth named storm of the 2012 Atlantic hurricane season, currently has maximum sustained …