In 2002, North Dakota employers paid the lowest workers’ compensation premium rates in the nation, according to a new survey by the Oregon Department of Consumer & Business Services. National premium rates ranged from North Dakota’s low of $1.24 per …
Mississippi Insurance Commissioner George Dale recently presented a report on the affordability and availability of medical malpractice insurance in the state of Mississippi to the state Legislature. House Bill 2, which passed during the Third Extraordinary Session of the Mississippi …
Delphi Financial Group, Inc. confirmed the continued strength of its excess workers’ compensation business, following the announcement Monday by American International Group Inc. that it was strengthening its excess casualty loss reserves. Robert Rosenkranz, chairman and CEO, noted, “Delphi continues …
Under the Alliance to Protect Kentucky’s Healthcare, healthcare providers from across the state will join forces to combat the reported downward trend in medical professionals able to serve Kentucky’s needs. The Alliance cites medical liability abuse as driving up the …
The Rhode Island Department of Business Regulation (DBR) has adopted the position that third-party liability arising from a mold filing cannot be excluded from a personal lines insurance policy, although exclusions will be allowed for commercial lines insurers. “Although the …
Anthony Allen was sentenced to serve a term of two to four years in New York State Prison by Judge Patricia Marks in Monroe County Court, as a second felony offender, following his guilty plea on Nov. 6, 2002 to …
Transatlantic Holdings, Inc. announced that it will add $100 million to net loss reserves in the fourth quarter of 2002, “related principally to losses occurring between 1998 and 2000 in certain casualty lines.” As a result the company will record …
Nearly 300 physicians from across Washington state met in Olympia to urge legislators to pass medical liability reform recently. Washington physicians, reeling from rapidly increasing medical malpractice premiums, are facing some tough choices. Many are limiting high risk services such …
Last year’s workers’ compensation benefit increase bill (AB 749) eliminated the state’s loss control certification unit as of Dec. 31, 2002, replacing it with a new “Worker Occupational Safety and Health Training and Education Program, and a Loss Control Services …
Chicago-based Visibillity, Inc., the collaborative litigation management solution provider for the insurance industry, has completed the move of their Chicago headquarters to a new, larger location. “2002 was a great year for Visibillity – a year in which our user …