Monthly Archives: <span>March 2004</span>

Ohio Med-Mal Commission Issues Interim Report

Ohio’s Medical Malpractice Commission has released its interim report (PDF) to the governor and members of the General Assembly, recommending actions that could help stabilize medical malpractice rates in Ohio. “The interim report highlights the Commission’s work to date and …

AWCC Educational Conference to be Held in October

The Arkansas Workers’ Compensation Commission (AWCC) announced that its 17th annual educational conference will be held Oct. 13 – 15, 2004 in Little Rock. The conference traditionally mixes in-depth study programs with networking opportunities for stakeholders in the workers’ compensation …

TWCC Schedules Hearing on Proposed Rules

The Texas Workers’ Compensation Commission scheduled a public hearing for April 14, 2004. The Commission will take testimony on new and amended rules that were proposed at the Feb. 19 public meeting and published in the Texas Register on March …

Oklahoma House Passes Tort Reform Bill

A bill intended to curtail the number of lawsuits filed in Oklahoma passed the state House of Representatives with little opposition but lots of amendments. According to the Oklahoma House media division, a compromise version of House Bill 2661 was …

Ala. Family Killed in Apparent Electrical Fire

A fire early Monday morning took the lives of a Tarrant, Alabama family. The fire, which started in the attic, appears to be electrical in nature and likely will be deemed to be an accident. No monetary damages to the …

S&P Reports Cumberland Casualty & Surety Co. Ratings Revised to ‘R’

Standard & Poor’s has revised its counterparty credit and financial strength ratings on Florida-based Cumberland Casualty & Surety Co. (CCS) to ‘R’ from ‘Bpi’. This rating action was taken after CCS filed a voluntary petition for rehabilitation with the Florida …

MarketScout Chairman Notes Rate Reductions

MarketScout released its barometer for the month of February, noting rate reductions among other topics. According to Richard Kerr, chairman and CEO, of MarketScout, “The Lloyds and London Companies market is easing. Despite the almost $1 billion in January claims …

The Combined Group Adds Squires to Roster

The Combined Group has added Stephen Squires to its marketing staff. He will be responsible for agent marketing activities in the Houston area. Squires has been in the insurance industry for more than 26 years and brings a diverse background …

Nev.’s Medical Protective Co. Rates to Increase

Nevada Insurance Commissioner Alice Molasky-Arman has approved a 14.1 percent increase in professional liability rates for dentists filed by The Medical Protective Company. Molasky-Arman approved the filing, after reportedly determining the increase is justified based on countrywide statistical data. The …

PCI: Ill. UIM Bill Would Skew Law to Encourage ‘Stacking’

An Illinois Senate bill that would change the recovery system for underinsured drivers’ (UIM) coverage is strongly opposed by the insurance industry because of its reported potential to allow the “stacking” of policy limits. S.B. 2830, which is currently in …