February 28, 2005
For the first time since 1961, traffic fatalities in Washington State dropped below 600, according to Gov. Christine Gregoire. Highway safety has reportedly shown great improvement in the past two years as the number of traffic-related deaths has dropped more …
February 28, 2005
The Claims Facilitating Committee (CFC) announced this week that lawyers representing nearly half of all claimants who have pending lawsuits against Wyeth related to the ingestion of diet drugs have agreed to recommend that their clients participate in the settlement …
February 28, 2005
A federal grand jury recently returned a five-count indictment against a former Sussex County political party chairman and two other individuals for their roles in embezzlement schemes that victimized Local 16 of the United Service Workers of America in Newton …
February 28, 2005
The Ohio Bureau of Workers’ Compensation (BWC) announced recently paid medical costs for workers’ compensation claims were 6.1 percent, or more than $27 million, lower than expected medical costs for the first half of fiscal year 2005. The reduced costs …
February 28, 2005
New York Attorney General Eliot Spitzer on Monday announced that his office has obtained agreements with nine companies that will reportedly change the way cash advance companies do business with New Yorkers with pending personal injury claims or lawsuits. The …
February 28, 2005
Lexington Insurance Company, a member company of American International Group Inc. (AIG), has launched Tax Interruption Insurance, a new product that responds to the financial losses a municipality suffers when sales, property, or other scheduled tax revenue streams are disrupted …
February 28, 2005
RenaissanceRe Holdings Ltd. announced that it has received a subpoena from the Securities and Exchange Commission in connection with an industry-wide investigation into non-traditional insurance products. According to RenaissanceRe, the subpoena also requests information about the company’s previously announced determination …
February 28, 2005
United Recyclers Group LLC (URG) announced the unveiling of their Premium Salvage program for the insurance industry to dispose of their total loss vehicles. With close to 300 auto recyclers across the country, United Recyclers Group LLC can offer a …
February 28, 2005
The nation’s motor vehicle thieves continue to find the most popular automobiles as their primary targets for feeding the underground need for replacement parts and for export to foreign countries, reports a new industry study to identify the most stolen …
February 28, 2005
Connecticut Attorney General Richard Blumenthal has again blasted state insurance officials and urged the insurance department to call a public hearing into a controversial 89.6 percent medical malpractice insurance rate hike. Blumenthal also called for the state to require prior …