February 3, 2003
Two rulings by the Indiana and Kentucky state supreme courts upheld the “exclusive remedy” of workers compensation and limited a claimant’s ability to sue an employer’s insurance carrier. “The reversal of the two appellate court decisions in Kentucky and Indiana …
February 3, 2003
The Alliance of American Insurers (AAI) said that a recent decision by the Court of Appeals of Ohio to deny class certification in a case challenging the use of non-original equipment manufacturer (non-OEM) parts is a reasonable ruling that brings …
February 3, 2003
Insurity, a ChoicePoint® company, has signed a licensing agreement with TransGuard Insurance for its flagship policy administration system, Commercial Intellisys. Deploying a state-of-the-art Internet platform, complete migration from TransGuard’s existing DOS-based system is already under way. Initial lines of business …
February 3, 2003
Many doctors across New Jersey are expected to join a “slowdown” in providing non-essential medical services, scheduled to begin today, to protest rising medical malpractice premiums, and to dramatize their demands for effective tort reform. The unprecedented slowdown follows similar …
February 3, 2003
More than 200 members of the Independent Insurance Agents Association of New York are set to meet with the state’s legislators in Albany at the Empire State Plaza Tuesday to seek solutions to “some of the state’s most pressing insurance …
February 3, 2003
Tennessee Insurance Commissioner Paula A. Flowers announced that three malpractice insurers—Doctors Insurance Reciprocal RRG, American National Lawyers Insurance Reciprocal RRG and the Reciprocal Alliance RRG—were placed under administrative supervision. Flowers placed the companies under supervision following financial questions about a …
February 3, 2003
Texas Insurance Commissioner Jose Montemayor is prepared to immediately notify insurance companies they must provide the state with ratemaking data. According to the Houston Chronicle, an insurance bill recently filed by Texas Sen. Troy Fraser, R-Horseshoe Bay, that would give …
February 3, 2003
The Colorado House of Representatives voted last week to protect consumers from unjustified lawsuits, which are driving up the cost of homes, medical care and insurance. In addition, the House Business Affairs Committee defeated a measure to prohibit insurers from …
February 3, 2003
Military personnel depend on the U.S. government for compensation, but for civilians who may be subject to war risk while living or traveling abroad, the issue is not so cut-and-dried, according to the National Association of Independent Insurers (NAII). The …