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

School Bus Liability Insurance Bill Signed by Illinois Governor

A bill that updates and clarifies liability insurance standards for operators of buses by schools and other organizations has been signed by Illinois Gov. Pat Quinn. SB 2524 details differences for purposes of liability insurance between school buses and buses …

Help Contractors Prepare for the Rebound with Contract Bonds

Are you offering your commercial clients all the products and services they need? You may want to consider establishing a bond program for contractors. Bonds complement a commercial book because: Bonds boost retention by strengthening client relationships; Bond commissions provide …

6 Business Ideas to Challenge Our Thinking

A company president was excited about a popular cartoon depicting warriors fighting a battle with bows and arrows, along with a suited salesman carrying a machine gun and a briefcase. “Can’t you see I have no time to see a …

New PURE Program Provides Extra Flooding Services for High-Value Homeowners

A new flood coverage suite from Privilege Underwriters Reciprocal Exchange, or PURE, is offering high-value homeowners an alternative flood insurance option. PURE Flood Solutions works as an extension of the National Flood Insurance Program’s (NFIP) Write Your Own Insurance program, …

Calif. Sues Doctor over Aggressive Billing Tactics

The California Attorney General’s office is suing a Los Angeles County doctor over her practice of refusing to accept lower insurance company reimbursements and instead billing patients for the full amount. The lawsuit against South Pasadena physician Jeannette Martello is …

A Duty (to Settle) Too Far

Sometimes, courts should leave well enough alone – and this especially applies to the law that has been developed over decades as to a liability insurer’s duty to settle third-party claims. In the overwhelming majority of liability claims, the third …

Florida Workers’ Compensation Writers Seek Rate Hike Again

Florida workers’ compensation insurers are seeking a statewide average 6.1 percent rate hike. If approved, the filing by the National Council on Compensation Insurance (NCCI) would mark the third consecutive increase, following a 7.8 percent jump in 2011 and 8.9 …

The Secret Behind ‘The Secret’

It has been said, “those that can see what they desire will have their dreams.” This is the power of intention. This idea has been catching hold because of a movie called “The Secret.” This movie and corresponding book focuses …

Missouri Supreme Court Strikes Down Non-Economic Damage Cap

Missouri’s top justices have ruled that the state’s law placing limits on the amount juries can award for non-economic damages in medical malpractice lawsuits is unconstitutional. The state Supreme Court said the law — which was enacted in 2005 and …

Massachusetts Adopts ‘DA&O’ Approach for Med-Mal Cases

A newly enacted law in Massachusetts will adopt the “Disclosure, Apology, and Offer” approach to help resolve medical malpractice cases. The healthcare cost control bill — signed into law by Gov. Deval Patrick on Aug. 6 — contains language that …