Will medical malpractice problems initiate the industry’s crisis for 2003 in the way that mold mania swept Texas and many other states in 2002, creating havoc in the homeowners insurance market? If you read the headlines, it looks like the …
The West Virginia State Legislature has issued a report finding that imposing caps on damages in medical malpractice lawsuits will not reduce insurance rates for physicians, at least in the near future. Following the airing of the report, the Association …
Surgeons at four West Virginia hospitals began a protest against the high cost of medical malpractice insurance by refusing to perform surgeries. According to the Associated Press, the doctors took leaves of absence from the hospitals, causing at least one …
Pennsylvania Gov. Mark Schweiker has approved the National Association of Insurance Commissioners’ Producer Licensing Act in a move applauded by the American Insurance Association (AIA). Language concerning departmental authority, appointment termination, and fee sharing took effect immediately on Dec. 6, …
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. …
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 …
Officials with the West Virginia Workers’ Compensation division revealed plans reduce their operating expenses by $125 million to $136 million. According to the Charleston Daily Mail, the agency also intends to seek at least short- term increases in the premium …
A medical malpractice law passed in West Virginia last year is apparently to blame for an increase in medical malpractice lawsuits against state agencies this year. According to the Charleston Daily Mail, a legislative auditor reported to legislators that new …
Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …
Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …
