Engle Martin & Associates, Inc. added to its presence in Southern California with the recent addition of Richard Funnell to their Los Angeles management team. Formerly of McLarens Toplis North America, Inc. (now Vericlaim, Inc.) Funnell has more than 16 …
Standard & Poor’s recently announced that Allianz Marine & Aviation, the transport and aviation insurer of the Allianz Group, has been rated “A+” with a stable outlook, drawing this comment from CEO Heinz-Werner Hof: “We are satisfied with this decision …
The decision by the New York Court of Appeals to hear the appeal of the Medical Society of New York (MSSNY) and the state’s trial lawyers, challenging the validity of Regulation 68 (See IJ Web site Feb. 28), has prompted …
New York-based PubliCARD, Inc. has entered into an additional binding settlement with an insurance group that resolves certain claims (including certain future claims) under policies of insurance issued to the Company by that insurance group. The terms of the settlement …
The Greater Philadelphia Chamber of Commerce has voiced its support for a bill introduced by Rep. Jim Greenwood (R-PA) that would limit pain and suffering awards in medical malpractice cases to $250,000. The Chamber has written to members of the …
A National Association of Mutual Insurance Companies (NAMIC) petition to prevent solvency-threatening liabilities for assessments of the Florida Hurricane Catastrophe Fund (FHCF) was on the NAIC’s agenda for its meeting thru March 11 in Atlanta. “Instant insolvency is the potential …
Emphasizing the urgency of medical malpractice reform in Texas, Gov. Rick Perry pushed forward his appeal for decisive legislative action to stop the medical lawsuit abuse crisis facing Texans. At a news conference at South Austin Hospital Perry was joined …
Samuel Tufino Machado, 22, also known as Salvador Castaneda, was arrested and booked into the Sacramento County Jail on two felony counts of insurance fraud with special allegations that the crimes were committed while he was out on bail. Authorities …
Swiss Re announced that it has published a new brochure on the “Pricing of motor quota share treaties,” which will give brokers and insurers a guide on “how premiums can be profitably priced in ther increasingly deregulated motor quota share …
Motor vehicle crashes are now the leading cause of death among Hispanics, ages one to 44, and a Spanish language campaign was recently launched in Houston to increase awareness of highway safety issues. The campaign, “Corazon de mi vida,” was …