January 23, 2003
A Montana House bill that would restrain judges from issuing protective orders on private information evokes privacy concerns, compromises parties’ abilities to reach freely negotiated settlements, and increases the burden on taxpayers and litigants. “Discovery materials frequently contain sensitive private …
January 21, 2003
Monitor Liability Managers Inc., a subsidiary of W.R. Berkley Corporation, announced that it will be actively pursuing additional business opportunities in the states of Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. Leading this effort are …
January 15, 2003
A “lawyer-friendly” bill that would make it a violation of Montana’s unfair claim settlement practices act if an insurer engages in any single act that violates the statute will strain the resources of the insurance department and hamper the insurance …
January 13, 2003
Nuts & Bolts: Target Environmental Insurance offers a new program providing commercial auto, general liability and environmental impaired liability for transporters of hazardous materials. Dollars: Target Environmental looks for accounts generating over $25,000 in auto premiums. Premiums start at $25,000 …
December 26, 2002
Richard Swoy, chairman of Superior Access Insurance of Irvine, Calif. announced the addition of an “A++ XV” Superior A.M. Best rated carrier offering professional liability coverage nationally. Quotes are available on-line and applications can be downloaded on a 24-hour basis. …
December 24, 2002
Thirty-five states have adopted an approved Insurance Services Office (ISO) mold limitation for homeowners coverage, which allows insurers to exclude coverage for loss caused by mold and wet or dry rot, unless the conditions result from a covered peril. According …
December 3, 2002
The Alliance of American Insurers (AAI) is pressing Pennsylvania Gov. Mark Schweiker to sign a bill recently passed by the State Legislature that would implement producer licensing reform. If the governor signs the bill as expected, Pennsylvania would follow Massachusetts, …
December 3, 2002
In a significant victory for insurance agents and brokers, the Ninth Circuit Court of Appeals has overturned a lower court decision that had permitted an E&O insurer to deny coverage to an insurance broker by misconstruing an “insolvency exclusion” in …
November 25, 2002
A study conducted on behalf of the Florida Hospital Association (FHA) shows that Florida faces a “bleak” medical liability crisis, with doctors facing more claims and liability losses, and paying substantially more for insurance than physicians in nearly any other …
November 11, 2002
The American Insurance Association (AIA) announced the appointment of Jeanne Cain to the position of regional vice president, western region. Cain will lead AIA’s western regional operations overseeing all state government affairs issues in the ten-state region covering Alaska, Arizona, …