Currents

Law blocks federally insured doctors from disaster aid

Dozens of federally insured medical providers have been blocked from helping the Gulf Coast recover from Hurricane Katrina because their liability protection doesn’t apply outside their own states. Doctors and nurses from community health centers across the country who encountered …

Insurers discuss top issues with Fla. legislators

In preparation for March sessions of the Florida Legislature, the Property Casualty Insurers Association of America hosted its first annual Legislative Conference, which brought insurance industry executives to Tallahassee, Fla., to discuss legislative priorities and to hear from Senate President …

U.S. postal customers gain right to sue for tripping over mail, rules U.S. Supreme Court

The Supreme Court has ruled that the U.S. Postal Service can be sued by a woman who tripped over mail left on her porch. The 7-1 decision revived a woman’s claim that she was entitled to damages after suffering wrist …

Doctors, agents, and an antique dealer defraud Pennsylvanian

An antiques dealer, an auto mechanic and even a couple of insurance agents are among the dishonored on 2005’s Top Ten Pennsylvania Insurance Fraud cases list, released by the Insurance Fraud Prevention Authority. This year’s list shows that the people …

Windstorm panelists: Carriers hesitant to write policies in Florida

A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies. Bill Bailey, director of the Hurricane Insurance Information Center, moderated the panel during the Seventh Annual Windstorm Insurance Conference …

Sarbanes-Oxley oversight board facing constitutional challenge

A group of advocates for free enterprise and limited government that includes former federal independent counsel Kenneth Starr is challenging the constitutionality of the Sarbanes Oxley Act and its provisions that govern the accounting of public companies. The Free Enterprise …

Farming shown more dangerous in Virginia than mining

Coal mining, logging, firefighting represent just a handful of the dozens of jobs that spring to mind when it comes to dangerous work. Farming isn’t often one of them. But data shows agriculture is outpacing mining as the most deadly …

Ala. Commissioner: ‘End Air Force One Policy’

An effective National Disaster Program has to be found so that if there is a catastrophe, we won’t have to rely on an “Air Force One Policy,” in which Air Force One flies in and brings us $20 billion, Alabama …

Best remains negative on U.S., Bermuda reinsurance markets; expects no upgrades in 2006

Despite some premium gains during the renewal season, A.M. Best remains negative on the U.S. and Bermuda reinsurance markets. The rating agency doesn’t think there will be any rating upgrades or positive rating outlooks assigned in 2006, as the “underlying …

Md. water taxi insurers sue Coast Guard

Insurers for the company that ran the water taxi that capsized in Baltimore’s Inner Harbor, killing five people, have sued the U.S. Coast Guard, claiming the military branch certified the taxi for too many passengers. The insurance companies allege that …

Currents Archives by Month