A National Association of Insurance Commissioners report comparing auto insurance rates in all 50 states and the District of Columbia found that North Carolina ranks eighth in the nation for the lowest rates. This is an improvement over the ninth-lowest …
Doctors triumphed over lawyers in Nevada when citizens passed a ballot initiative that limits noneconomic damage awards in med-mal cases to $350,000 with no exceptions and limits fees for attorneys, while voters defeated similar initiatives in Oregon and Wyoming. About …
Nuts & Bolts: Workforce Safety and Ins. (WSI) announced that North Dakota employers can now purchase a workers’ comp policy to cover their employees who work temporarily outside the state. In partnership with the Accident Fund Ins. Co. of America, …
Robert Campeau Irvine, Calif.-based SullivanCurtisMonroe Insurance Brokerage has appointed Robert M. Campeau as vice president, announced President John Monroe. Campeau specializes in property/casualty insurance for medical device companies. Campeau has more than 30 years of experience in the insurance industry. …
Portland, Ore.-based Venture Programs Inc. (www.ventureprograms.com) announced that it has named Teresa Pacelli, to the position of risk manager for the company’s western region. As a risk manager, Pacelli’s responsibilities include managing claims and loss control services for workers’ compensation …
The Wyoming Healthcare Commission was lauded by the Coalition for Affordable and Reliable Healthcare (CARH) for reportedly showing evidence, once again, that capping noneconomic damages in medical malpractice cases will reduce malpractice costs and stop the nation’s growing healthcare crisis. …
Groups for and against capping noneconomic damage awards for medical malpractice both claimed that a Wyoming Healthcare Commission report upholds their positions. The study suggests that capping noneconomic damages at $250,000 could reduce insurance company losses by 15 percent. The …
In response to New York Attorney General Eliot Spitzer’s charges against super brokerage Marsh McLennan, California Insurance Commissioner John Garamendi proposed new regulations for agents and brokers Oct. 20 which would require full disclosure of any financial incentive they may …
A Minnesota-based insurance company is dropping medical malpractice coverage for doctors who practice in Wyoming, a Gillette insurance agent said recently. “I’m sure there’s a lot of factors involved” in Midwest Medical Insurance Co.’s decision to limit the coverage, said …
Several residents said they were offended to receive a letter from a state legislator asking them to vote against two constitutional amendments tied to medical malpractice. Rep. Floyd Esquibel, D-Cheyenne, sent the letter asking voters to reject Amendments C and …
