Also, Comp Deal That Imposes Fee Schedule, Ups Benefits Will Get Guv’s Signature The latest turn in the battle over capping medical malpractice jury awards in Illinois may have the state’s trial bar singing the old Righteous Brothers tune, “You’ve …
When her husband Tim died, JoAnn Osmond inherited the family agency … and a career in Illinois Politics. Near the edge of the Illinois-Wisconsin border, closer to Milwaukee than Chicago, in a little town called Antioch, Ill., at the corner …
Editor’s note: This recurring feature examines insurance coverage decisions in the Midwest’s appellate courts, as compiled by the New York-based law firm of Goldberg Segalla LLP and edited by insurance lawyer Kevin T. Merriman. Westfield Insurance Co. vs. Kroiss (Minnesota …
In a scathing opinion that sides with insurers on nearly all points of fact and law, Barry County Court Judge James Fisher declared illegal a rule set banning insurance scoring and reducing base rates. “The Commissioner clearly lacks any authority” …
Minnesota’s position as the last remaining state in the Upper Midwest to regulate personal-lines insurance forms and rates on a prior approval basis may be in danger because an industry-backed bill to change to file-and-use has garnered the insurance regulator’s …
PLUS Told Carriers Are Making Money, Capacity Is Up, Reinsurers Are Bullish The crisis aspect is over.” Those five words summed up the mood at this year’s Professional Liability Underwriting Society’s medical symposium. They were spoken by Howard Friedman, chief …
Not every business merger works out, for one reason or another. Just ask Citigroup and Travelers. This is especially true of independent agency mergers and acquisitions. “Independent” agencies aren’t just called that because they produce for a number of companies. …
An interesting confluence of recent events in Missouri very well illustrates the fickle nature of politicians when it comes to the regulation of insurance. First came a week of ceremonies in which brand new Republican Gov. Matt Blunt signed into …
John Fogerty once sang, “I ain’t no fortunate son.” As the son of an independent insurance agent who forced me to work in the office while I was growing up, I can relate to the sentiment. Wisconsin Insurance Commissioner Jose …
CHICAGO–Five words summed up the mood at this year’s Professional Liability Underwriting Society’s medical symposium: “The crisis aspect is over.” Thus spake Howard Friedman, chief financial officer at medical liability insurer Proassurance Corp., during one of several panel discussions at …
