Latest Utah Headlines
All the headlines from our Utah Topic Page, ordered by recency.
Insurers Urge U.S. Supreme Court to Change Utah Ruling in Landmark Punitive Damages Case
Sep 9 2004 // The National Association of Mutual Insurance Companies (NAMIC) and the Property Casualty Insurers Association of America (PCI) have filed an amicus brief urging the U.S. Supreme Court to consider a remand of a second Utah...
State Farm Again Asked Utah Court to Lower Civil Judgment Award
Sep 6 2004 // An insurance company that already won a $136 million reduction of a punitive damage award thinks that the $9 million it was ordered to pay is still too high. State Farm Mutual Automobile Insurance Co. has appealed the...
Insurers Urge U.S. Supreme Court to Reverse Utah Ruling in Landmark Punitive Damages Case
Sep 2 2004 // The National Association of Mutual Insurance Companies (NAMIC) and the Property Casualty Insurers Association of America (PCI) have filed an amicus brief urging the U.S. Supreme Court to consider a remand of a second Utah...
State Farm Again Asked Utah Court to Lower Civil Judgment Award
Aug 26 2004 // An insurance company that already won a $136 million reduction of a punitive damage award thinks that the $9 million it was ordered to pay is still too high. State Farm Mutual Automobile Insurance Co. has appealed the...
Utah Workers’ Comp Company Ordered to Pay Fine Totaling $390,000
Jun 18 2004 // North Carolina Insurance Commissioner Jim Long announced that a cease and desist order – levying two fines worth $390,000 – was issued against American Benefits and Insurance Services Inc. of Salt Lake City....
Wyoming Med-Mal Rates on the Rise
Jun 7 2004 // Medical malpractice insurance rates are on the rise in Wyoming, and lawmakers anticipate being called into a special legislative session this summer to address the issue. The Doctors Co., which insures about 30 percent of...
Utah’s Workers Compensation Fund Announces $20 Million Dividend
Jun 2 2004 // Salt Lake City-based Workers Compensation Fund announced that it will pay dividends totaling $20 million to policyholders this year. All eligible policyholders, regardless of company or policy size, will receive a portion...
Aligned Interests-Agency Perpetuation through the Leavitt Group
May 17 2004 // Insurance Journal asked me to spend 2,000 words on the Leavitt Group’s agency perpetuation philosophy. So, after rattling off some rather sterile company background, I’ll describe how we and our co-owners...
Utah Committee Considers Uninsured-drivers Problem
May 13 2004 // A committee of legislators and state agency and insurance representatives is considering how the state might implement a plan to treat the state’s 120,000 uninsured drivers much the way financial institutions deal...
Utah Supreme Court lowers $145 Million in Punitive Damages to $9 Million in State Farm Lawsuit
Apr 26 2004 // The Utah Supreme Court on Friday lowered by $136 million the amount of punitive damages State Farm Insurance should pay in a decades-old lawsuit alleging it underpaid insurance claims, cheated customers and destroyed...
ICT Awards Scholarships to Baylor, UT Austin and UNT
Apr 7 2004 // The Insurance Council of Texas presented $15,000 in scholarships this month to students at Baylor, the University of Texas at Austin and the University of North Texas. All of the students had excelled in insurance and risk...
PRIVATIZATION OF UTAH WORKERS’ COMP FUND FAILS:
Mar 22 2004 // Private insurers won a victory this week as legislation to privatize the Utah Workers’ Compensation Fund (WCF) died in the final hours of the 2004 Utah legislative session. However, the defeat of this legislation (SB...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
Privatization of Utah Workers’ Comp Fund Fails as Legislature Adjourns
Mar 5 2004 // Private insurers won a victory this week as legislation to privatize the Utah Workers’ Compensation Fund (WCF) died in the final hours of the 2004 Utah legislative session. However, the defeat of this legislation (SB...
Utah Workers’ Comp Fund Sues State
Dec 1 2003 // The Utah Workers Compensation Fund has filed a lawsuit against the State of Utah over the ownership of the assets of WCF, in efforts to put to rest the dispute over ownership which stems back to the Fund’s inception...
Workers Compensation Fund Sues State of Utah
Oct 23 2003 // The Utah Workers Compensation Fund (WCF) announced that it has filed a lawsuit against the State of Utah over the ownership of the assets of WCF. This dispute has been long standing. WCF believes that the assets of the...
Utah’s Workers’ Comp Fund to Host Safety Seminars
Oct 6 2003 // Utah’s Workers Compensation Fund (WCF) will host four safety seminars in October. Seminar topics include fall protection, forklift safety, defensive driving and fleet safety. The seminars are free to WCF...
Uninsured Drivers Travel Under the Radar
Aug 18 2003 // Two things are abundantly clear when it comes to the issue of uninsured motorists: The problem is a big one and it’s nearly impossible to know with any certainty how many uninsured drivers there are on the...
20 States Have Enacted Tort Reforms This Year
Aug 4 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
Alliance Says Gov.’s Stance on Utah State Fund Debate ‘Right on Track’
Jul 21 2003 // Efforts by Utah Gov. Mike Leavitt (R) to make sure the debate over the future of the Workers Compensation Fund of Utah (WCF) and its subsidiaries focuses on “big picture” issues and doesn’t degrade into...
