Monthly Archives: <span>February 2013</span>

Texas Bills Look to Address Mitigation, Wind Pool

This week, two important pieces of legislation began moving through the Texas Legislature. H.B. 1890 was filed by Rep. Phil Stephenson, R-Wharton, and S.B. 784 by Sen. Juan Hinojosa, R-Corpus Christi, was referred to the Senate Finance Committee. H.B. 1890 …

International Insurers, Reinsurers to Shoulder Half of Sandy Losses: ABIR

International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said Thursday. Estimated losses from Superstorm Sandy currently stand at over $16 billion, as reported by publicly traded companies, according …

EPA Assessing Possible Cancer Cluster In Oregon

The Environmental Protection Agency held a meeting in Salem, Ore. to update the public on a preliminary assessment of four sites in west Salem connected to five cases of rare bone cancer. The four are West Salem High School, Walker …

Idaho Court: Baseball Fan Can Sue Over Ball Injury

A man who lost an eye after being hit by a foul ball at a baseball game can seek damages from a minor league team in Idaho. The Idaho Supreme Court decided not to impose the “Baseball Rule” of liability …

N.Y. Seeks to Finalize Still-Unresolved Sandy Claims; Insurers to File Weekly Reports

New York regulators said this week insurers would be required to follow additional rules to expedite the resolution of remaining Sandy-related claims in New York. These new regulations will now cut the amount of time an insurer can delay its …

Colorado Lawmaker Wants Assault Weapons Liability for Sellers and Owners

Sellers and owners of assault weapons could be liable for damages caused by shootings in Colorado, another response from Democrats to recent mass shootings that has made gun-control one of the biggest issues of this year’s legislative session. Democratic Senate …

New Mexico House Approves Insurance Regulator Overhaul

The House has approved a proposal for establishing an independent state office regulating the insurance industry in New Mexico. The measure will implement a constitutional amendment approved by voters in November to remove insurance regulation from the Public Regulation Commission. …

Insurers Split Over Proposed Changes to Florida Guaranty Fund

Florida lawmakers have kept alive a bill that would alter the method of funding the state fund that pays the claims of insolvent property insurers even though the change could increase costs and does not have the uniform support of …

Bipartisan Optimism As Sweet As Maple Syrup at Workers’ Comp Conference

The political stalemate in Washington regarding the deficit and sequestration is not as dire or depressing as most people and pundits proclaim, and is in fact a positive sign that the country is grappling with important matters, according to a …

Snapshot: Who Are America’s Small Business Entrepreneurs?

About one third of America’s entrepreneurs are women, many are between the ages of 30 and 49, and 60 percent spent more than six months working on their business idea before forming their entity. More than four out of 10 …