CHICAGO–Five words summed up the mood at this year’s Professional Liability Un-derwriting 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 …
Five words summed up the mood at this year’s Professional Liability Underwriting Society’s medical symposium: “The crisis aspect is over.” Thus spoke Howard Friedman, chief financial officer at medical liability insurer Proassurance Corp., during one of several panel discussions at …
Was it Colonel ChoicePoint in the Conservatory With a Knife? When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states, it came as …
He finally met his match. After more than three decades at the helm of New York-based American International Group, it took less than a month for 79-year-old Maurice “Hank” Greenberg to go from the seemingly ageless, peerless chief executive of …
Interviewed by Kevin B. O’Reilly When Insurance Journal last spoke with Sandy Praeger, she was only months into the job. Kansans elected the Republican as insurance commissioner in November 2002. Back then she was tackling insurers’ use of credit scores …
When the 1970s began, Bill Moloney was afraid of flying. When the 21st century dawned, he had his own aviation brokerage based in an airport and flew his plane as often as he could. Moloney, a self-described “insurance brat” (his …
Imagine there’s a 200-pound boulder crushing your left foot underneath. It hurts like all get out and it’s left you immobile. To relieve the unbearable pain and get going again, you gather a group of friends around to aid you …
In addition to our copious directory of professional liability markets, this edition of Insurance Journal Midwest features a number of excellent feature articles. Staff writer Dawn Love pulls double duty this time out, with a story each in Midwest and …
The vote by the Michigan Legislature’s Joint Committee on Administrative Rules to file a notice of objection to Democratic Gov. Jennifer Granholm’s rule banning the use of credit scores in underwriting was perhaps symbolic of where the Wolverine State’s insurance …
The Indiana House of Representatives voted 95-1 last month in support of a bill that would toughen penalties against insurance fraud in an attempt to provide prosecutors with a greater incentive to pursue such crimes. While no data exists to …
