Groups for and against capping noneconomic damage awards for medical malpractice both claimed that a Wyoming Healthcare Commission report upholds their positions. The study suggests that capping noneconomic damages at $250,000 could reduce insurance company losses by 15 percent. The …
An insurance company has asked a judge to rule that it does not have to represent two farmers who are being sued by opponents of field burning. State Farm Fire & Casualty Co. filed the insurance lawsuit last week in …
In response to New York Attorney General Eliot Spitzer’s charges against super brokerage Marsh McLennan, California Insurance Commissioner John Garamendi proposed new regulations for agents and brokers Oct. 20 which would require full disclosure of any financial incentive they may …
Portland, Ore.-based Venture Programs Inc. (www.ventureprograms.com) announced that it has named Teresa Pacelli, to the position of risk manager for the company’s western region. As a risk manager, Pacelli’s responsibilities include managing claims and loss control services for workers’ compensation …
Robert Campeau Irvine, Calif.-based SullivanCurtisMonroe Insurance Brokerage has appointed Robert M. Campeau as vice president, announced President John Monroe. Campeau specializes in property/casualty insurance for medical device companies. Campeau has more than 30 years of experience in the insurance industry. …
Standard & Poor’s Ratings Services announced that it will hold a telephone conference call on Monday, Nov. 1, 2004, at 1 p.m. U.S. Eastern Time. The bulletin said Donovan Fraser, John Iten, Mark Puccia, Tom Upton, and other S&P credit …
Oregon drivers are reportedly spending less than the national average for personal automobile insurance, according to a recent report comparing premiums nationwide. The estimated average expenditure per insured vehicle for personal auto insurance in Oregon was $682 in 2002, compared …
The Oklahoma attorney general’s office filed a lawsuit against an Arizona telemarketing company after the company allegedly offered Oklahoma consumers a bogus identity theft protection service, Attorney General Drew Edmondson said. The lawsuit, filed in Oklahoma County District Court, accuses …
A new alliance covering nine Western states announced its formation. The PIA Western Alliance creates the nation’s broadest alignment of state and regional affiliates of the National Association of Professional Insurance Agents and covers California, Arizona, Nevada, New Mexico, Oregon, …
Like most insurance associations, the PIA Western Alliance—consisting of four affiliate chapters covering eight western states—is in shock over the news of a lawsuit filed against the nation’s largest insurance broker, Marsh, Inc. The New York State Attorney General has …
