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

Mass. Auto Insurer Hanover Sues Over High Risk ‘Conspiracy’

The lengths to which an auto insurer in Massachusetts may go to circumvent the state’s unique high risk pool has been brought to light by an unusual lawsuit filed by one insurer against one of its competitors. Hanover Insurance Co, …

Rhode Island Judge Rules Jury Retrial in Suit Against Lead Paint Makers

A jury will hear the retrial of a landmark lawsuit against the lead paint industry, a Rhode Island judge ruled. Superior Court Judge Michael Silverstein rejected the state’s motion to have a judge, rather than a six-person jury, hear the …

ADESA Makes Management Shifts in Texas, Calif., N.J.

ADESA has promoted Scott Stalder, an 18-year auction veteran to the position of general manager for ADESA Los Angeles. Stalder who began his career with ADESA Dallas in 1997 as an assistant general manager was promoted to general manager of …

MCN Opens Four Regional Offices

Medical Consultants Network Inc., (MCN) a national provider in medical judgment services has opened additional regional offices in Texas (Houston and Dallas), Illinois (Chicago region) and Florida (Tampa). These locations add to the company’s current offices in New York, Washington …

AIA Urges Md. Senate Finance Committee to Improve Viability of Workers’ Comp System By Passing SB 466

On Tuesday, the American Insurance Association (AIA) testified before the Maryland Senate Finance Committee in support of critical workers’ compensation legislation that would reportedly enable Maryland – like neighboring states Pennsylvania and Virginia – to realize significant benefits for both …

Ore. Governor’s Plan Cuts Rural Doctors’ Professional Liability Insurance Costs

More than a thousand doctors in rural communities throughout Oregon are reportedly going to see reductions of up to 80 percent in their medical professional liability insurance costs this quarter as a result of a state reimbursement program that went …

Vesta Reports on Arbitration Ruling

Alabama-based Vesta Insurance Group Inc. announced that the panel in its arbitration with NRMA Insurance Ltd. has ruled in favor of NRMA in the 20 percent whole account quota share reinsurance dispute. As a result, Vesta will incur approximately a …

N.J. Fraud Prosecutor Issues 2003 Annual Report: Fraud Prosecutions Up 50 Percent

New Jersey Attorney General Peter Harvey, Director of Division of Criminal Justice Vaughn McKoy and Insurance Fraud Prosecutor Greta Gooden Brown presented the 2003 Annual Report of the New Jersey Office of the Insurance Fraud Prosecutor (OIFP) to Governor James …

Ala. Manufacturing Plant Suffers Moderate Damage

A Greenville, Alabama manufacturer suffered moderate damage late Sunday night when its plant caught fire. A passing motorist spotted the fire at REF Alabama, which employs 60 people. No was at the facility at the time of the fire, and …

Allstate Survey Reports Americans Not Ready for Spring Storms; Less Than Half Prepared with Disaster Plan

Eighty-four percent of Americans say it is important to have a disaster plan, but less than half of these individuals reportedly have actually created a plan in the event they are affected by a natural disaster. With spring approaching, Americans …