September 1, 2008
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. Commercial Property Market Detail: RISC brings to market a commercial property program designed for a …
September 1, 2008
Workers’ compensation direct premiums written (DPW) for calendar year 2007 exceeded $46 billion. This represented a slight decline from year-end 2006’s $47.2 billion. However, using 2003 as a reference point, DPW was $37.6 billion. The 2007 DPW represents an increase …
August 29, 2008
A four-year battle between Charleston Area Medical Center and a surgeon over malpractice insurance is over. CAMC’s trustees agreed Aug. 27 to pay $11.5 million to Dr. R.E. Hamrick Jr. Hamrick agreed to end his legal case against the hospital. …
August 26, 2008
The West Virginia Medical Association says the number of medical malpractice lawsuits against West Virginia doctors and hospitals is going back up. But recent claims are still below the totals reported earlier this decade, before legislative reforms went into effect. …
August 21, 2008
protectionist requirement that served only the self interests of small protectionist agents. The battle to defeat countersignature laws is finally over, now that the July 9, 2008, deadline has passed for Nevada to file a petition of appeal with the …
August 21, 2008
The federal agency responsible for mine safety has hired more than 300 inspectors in the past two years to scour underground coal operations for unsafe working conditions. The Mine Safety and Health Administration is beefing up its inspections after a …
August 21, 2008
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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …
August 21, 2008
Declarations – Tara Hutchison, spokeswoman for Alabama Gov. Bob Riley, after a judge dismissed most of a lawsuit in which an indicted insurance executive accused the governor and others of conspiring to drive him out of the insurance business. Montgomery …
August 21, 2008
The West Virginia Supreme Court has revived a pair of lawsuits seeking damages from timber, mining and land companies for devastating 2001 floods. The court reinstated a 2006 jury verdict that improper logging practices allowed by two timberland owners helped …
August 21, 2008
$900,000 The amount a Jackson County, Mississippi jury returned in a verdict for a Pascagoula couple who sued their insurer for unpaid Hurricane Katrina damages. Retired Navy Admiral James Lisanby and his wife sued USAA insurance for damage to their …