Maryland News

Caremark to Pay $41 Million in Settlement to Washington, Other States

Washington State Attorney General Rob McKenna announced that Washington will receive nearly $1.7 million as part of a $41 million settlement between 29 states and Caremark Rx, LLC, one of the nation’s largest pharmacy benefits management companies. As part of …

RiskMeter Report Now Covers Entire Atlantic and Gulf Coasts

CDS Business Mapping LLC, added Maryland and Virginia to its RiskMeter Online storm surge report. By adding these states, RiskMeter Online now offers real-time, storm surge reports for the entire Atlantic and Gulf coasts, as well as Hawaii and Puerto …

Lawsuit Presses Mich. Lawmakers to Allow Licenses for Legal Immigrants

When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …

Texas Physicians Joins Lawsuit to Protect Liability Reforms

The Texas Medical Association reported it has joined a legal action aimed a protecting tort reforms passed by the Texas Legislature passed in 2003. TMA said it sued to resolve several constitutional challenges to the centerpiece of the 2003 reforms: …

Maryland Can’t Stop Allstate Plan to Refuse New Coastal Business

Maryland Insurance Commissioner Ralph S. Tyler today accepted Allstate Insurance Co.’s decision to refuse new homeowners’ policies in coastal areas. Tyler said his agency’s hands were effectively tied from halting Allstate’s plan. “While the result here may be disappointing to …

Declarations

Bad Policy Call “I never experienced the outcry from the public that I heard on this bill… this was a bad policy call on our part.” —Virginia Senator R. Edward Houck (D-Spotsylvania), sponsor of the bill that repealed bad driving …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Health Club Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing …

Up in Smoke No More

States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In …

Business Moves

Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …