Maryland News

Kan. Commissioner Praeger Attends Interstate Compact Press Conference

Kansas Insurance Commissioner Sandy Praeger was among a gathering of other state regulators today at the National Press Club in Washington D.C. for a news conference which outlined plans for the implementation of the Interstate Insurance Product Regulation Compact. The …

Suspect Pleads Guilty in Maryland Housing Development Arson Case

One of the men accused of setting a series of fires at an upscale housing development under construction in the Washington suburbs two years ago has pleaded guilty to conspiracy to commit arson. Michael McIntosh Everhart, 21, of Waldorf, will …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states—26—has …

Rising legal, medical costs and speedy payments mark region’s WC systems

While medical and litigation expenses are causing workers compensation insurers’ costs to creep up in the Northeast, there are some positive signs amid the claims trends for insurers and injured workers in several key states. Average total costs per workers’ …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states–26–has …

People and Places

Three new vice presidents, Michael Stuart, Mark Pergolini and John Cash, have joined Cypress Care Inc. of Atlanta, a pharmacy benefits management company. Stuart, vice president of strategic initiatives and implementation, spent 11 years with Missouri-based Express Scripts. He will …

Maryland Court Affirms Named Driver Exclusion in Commercial Auto Policies

On June 1, 2006 the Maryland Court of Appeals issued its decision in Harleysville Mutual Insurance Co. v. Zelinski, declaring that an insurance company “named driver exclusion” applies to a commercial automobile policy. “Insurers operating and writing business in Maryland …

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …

Driver, Citing Harm from Publicity, Sues Families of Vt. Crash Victims

The driver in a fatal accident in Westmore two years ago has sued the families of the two victims of the crash. Charles Meyer and his mother Julie Jensen, who had a summer home in the area, said they have …

Pa. Workers’ Comp Claims Costs Below Median But Growing Steadily

Average total costs per workers’ compensation claim in Pennsylvania showed steady growth, increasing more than 8 percent for claims evaluated in mid 2004 with 12 months’ maturity, according to a new report by the Cambridge, Mass-based Workers Compensation Research Institute …