Maryland News

It Figures

$69 Million The Medical Mutual Liability Insurance Society dividend that Maryland Insurance Commissioner Ralph S. Tyler has ruled it must pay to the state, not to policyholders. The dividend, reported by the insurer in September, is due to the state …

People

Nancy Mendizabal, chief executive officer of Apple Valley Agency of Greenville, R.I., was sworn in as the president of the Independent Insurance Agents of Rhode Island at the association’s 107th annual conference recently. IIARI also elected its officers for its …

Mich. Med Society Says Tort Reform is Working

Aclear indication that Michigan’s 1993 tort reforms are working is that the state’s largest physician medical malpractice insurer is cutting its premiums by 12 to 25 percent for Wayne County physicians, the Michigan State Medical Society (MSMS) said recently. The …

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. Solo/Small Firm Lawyers PL Nuts & Bolts: Travis-Pedersen & Associates of Arizona LLC offers a …

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. Preferred Restaurants – Liquor Liability Nuts & Bolts: A program for liquor liability is available …

Pa. Gov. Rendell Kills Gas Tax for Underground Tank Insurance Fund

Pennsylvania Gov. Ed Rendell this week said his administration would withdraw a request that could have added a penny onto the cost of a gallon of gas in Pennsylvania to help clean up damage from leaking underground fuel tanks. The …

Mich. Medical Society Says Rate Drop Shows Tort Reform Law Working

A clear indication that Michigan’s 1993 tort reforms are working is that the state’s largest physician medical malpractice insurer is cutting its premiums by 12 to 25 percent for Wayne County physicians, the Michigan State Medical Society (MSMS) announced yesterday …

Maryland Rules Medical Mutual $69 Million Dividend Owed to State

Maryland Insurance Commissioner Ralph S. Tyler has ruled that Medical Mutual Liability Insurance Society of Maryland should be required to pay its entire $68.6 million dividend to the state, not to policyholders. The dividend, reported by the insurer in September, …

Insurance Compact Adopts ’08 Budget

The Interstate Insurance Product Regulation Commission adopted a $1.4 million 2008 budget by a vote of its full membership in a public teleconference yesterday. Following a comprehensive comment period, including a public hearing before its Management Committee last week, the …

People

The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston recently. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the association’s new chair; John Blackburn, CEO of Country …