Latest Pennsylvania Headlines
All the headlines from our Pennsylvania Topic Page, ordered by recency.
The Battle For Reliance Assets Heats Up
Sep 30 2001 // The fight for Reliance Insurance Company’s (RIC’s) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent...
Courts Continue to Reject Diminished Value Concept in Class Actions
Sep 5 2001 // In spite of an ongoing influx of litigation, U.S. courts continue to reject class-action lawsuits involving diminished value, a concept referring to the difference between the value of a vehicle before and after it was...
The Battle For Reliance Assets Heats Up
Sep 3 2001 // The fight for Reliance Insurance Company’s (RIC’s) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent...
Battle for Reliance Assets Heats Up
Aug 27 2001 // The fight for Reliance Insurance Company’s (RIC) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent company,...
New Funds Enable Insurance Department to Expand Prevention, Reporting Efforts
Aug 1 2001 // Pennsylvania Insurance Commissioner M. Diane Koken announced expanded fraud-combating efforts supported by a recently received grant award. Commissioner Koken said the department recently received a two-year Pennsylvania...
Reliance Insurance 1817-2001 – R.I.P’
Jul 23 2001 // Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers which traces its roots back to 1817, filed for bankruptcy protection in the Southern District of...
PA Hospital Ass’n. Alerts Harley Owners to
Jul 12 2001 // The Hospital & Healthsystem Association of Pennsylvania (HAP) has issued a warning to people selling their motorcycles, particularly Harley-Davidsons, to beware of a potential buyer posing as a doctor. The thief used...
Study Shows Only 1 in 100 Children in NY and PA Are Properly Restrained
Jul 6 2001 // The Partners for Child Passenger Safety Study (PCPS) released data from its surveys of 6 to 8 year olds in New York and Pennsylvania, showing that “less than 1 percent” are properly restrained as passengers in...
PA Governor Signs Tobacco Settlement Bill
Jun 28 2001 // Pennsylvania Governor Tom Ridge has signed House Bill 2, which provides for the distribution of 12 percent of the tobacco settlement funds the state will receive to establish tobacco prevention and tobacco treatment...
Reliance Insurance, 1817-2001…R.I.P.’
Jun 25 2001 // On June 12, Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers, which traces its roots back to 1817, filed for bankruptcy protection in the...
PA Insurers File Memo Supporting Workers’ Comp Consent Decree Reversal
Jun 21 2001 // A group of Pennsylvania workers’ compensation insurers has filed a memorandum in U.S. District Court supporting efforts to vacate the 1984 consent decree in the case of Richard Baksalary, et.al. v. Smith et.al.,...
PA Hospital Ass’n. Lauds Passage of Medical Liability Privatization Bill
Jun 21 2001 // The Hospital & Healthsystem Association of Pennsylvania (HAP) hailed the passage of Senate Bill 556, “which fully privatizes the state’s medical professional liability system.” The reform measure...
PA Couple Given 14 Years in Faked Death Insurance Fraud
Jun 20 2001 // Lee Likhit Kongsiri and his wife Phatcha, former Lehigh County residents, were each given 14 year prison terms for defrauding six different life insurers a total of $1.6 million by faking Lee’s death in Thailand in...
PA Questions Development in Wake of Allison Floods
Jun 20 2001 // Pennsylvania officials, sodden homeowners and insurers were questioning the apparent lack of coordinated development regulations in the wake of the floods caused by 10 inches of rain from Tropical Storm Allison. Stricter...
Reliance Files for Chapter 11
Jun 14 2001 // Reliance Group Holdings Inc. went to court to file for Chapter 11 bankruptcy protection on June 12. According to the Wall Street Journal, the filing in the Southern District of New York’s U.S. Bankruptcy Court listed...
Court Grants Penn. Department’s Petition to Place Reliance Ins. Co. in Rehabilitation
May 31 2001 // Pennsylvania Insurance Commissioner M. Diane Koken announced that the Commonwealth Court of Pennsylvania had granted the Insurance Department’s request to place financially troubled Reliance Insurance Company into...
Penn. Hospitals, Physicians Call for Medical Liability Reform
May 24 2001 // The Pennsylvania Medical Society and The Hospital & Healthsystem Association of Pennsylvania (HAP) released a joint statement outlining a set of principles and an action plan for reforming the medical professional...
Pa. Professional Liability Joint Underwriting Association Names President
May 11 2001 // Pennsylvania Professional Liability Joint Underwriting Association appointed Susan M. Sersha as president. Under the association’s Plan of Operations, Sersha also serves as a member of the association’s Board...
Pennsylvania DOI Signs Agreement With Federal Banking Regulator
Mar 30 2001 // The Pennsylvania Insurance Department has signed an agreement to exchange a broad array of information with the Office of the Comptroller of the Currency. The OCC is the federal regulator of 2,600 national banks and 66...
Insurance Fraud Prevention Authority Releases Statistics for 2000
Feb 13 2001 // The Pennsylvania Insurance Fraud Prevention Authority released its annual statistics. The IFPA funds 13 law enforcement units throughout the commonwealth using assessments on insurance companies. Without spending one cent...
