Monthly Archives: <span>February 2005</span>

TWCC to Hold Hearing on Proposed Rule Feb. 17

The Texas Workers’ Compensation Commission has scheduled a public hearing for Feb. 17, 2005. The Commission will take testimony on rule amendments that were proposed at the Jan. 20 public meeting. The proposed rules are scheduled to be published in …

Okla. Gov. Henry Unveils Workers’ Comp Plan

Saying he wants to cut costs for business and boost benefits for injured workers, Oklahoma Governor Brad Henry announced his comprehensive reform plan for the state’s workers’ compensation system. Based on the work of a bipartisan study group of experts …

ACE Q4 Earnings Hit by $302 Million Reserve Charge; Full Year Net Down 20%

Bermuda’s ACE Limited confirmed earlier earnings announcements when it posted net income for the fourth quarter ended Dec. 31, 2004 of $282 million or 94 cents per common share after payment of preferred dividends, compared with net income of $444 …

Lloyd’s Puts Tsunami Losses at $188 Million

Lloyd’s has updated its estimates of potential losses from the tsunamis that struck 12 countries around the Indian Ocean at the end of December to approximately £100 million ($188.4 million). In a previous statement on Dec. 29 Lloyd’s said it …

Federal Disaster Funds Ordered in Utah Flood Recovery

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced Wednesday that federal disaster funds have been made available for Utah to help communities in Kane and Washington counties recover from the effects of flooding …

AIA: Ga. Senate Approval of Major Tort Reform Bill Should Bring Stability Back to Civil Justice System

The Georgia Senate on Tuesday passed a civil justice reform measure that includes a $250,000 cap on non-economic damages in medical liability actions. S.B. 3, passed by a vote of 39-15, represents comprehensive tort reform that should bring stability back …

Ga. Woman Sentenced in Ohio Comp Fraud Case

The Ohio Bureau of Workers’ Compensation (BWC) announced a Decatur, Georgia woman has been sentenced for a felony charge of workers’ compensation fraud. Mozelle Berry was sentenced to one year probation and ordered to pay restitution in the amount of …

Judge Rejects Regulation Through Litigation, Tosses Beer Company Lawsuit

A Los Angeles judge’s decision to dismiss a lawsuit should send a message to judges nationwide that regulation through litigation is the job of legislators and regulators, not the judiciary, according to the American Tort Reform Association (ATRA). The Los …

Poll Says Most Americans Back Medical Liability Reform

A new survey released by the American College of Emergency Physicians (ACEP) reportedly found almost three-quarters of Americans support legislation to reform the nation’s medical liability system that is driving up the costs of health care and forcing many good …

N.Y. Painting Contractor has Brush with Law

New York Attorney General Eliot Spitzer, New York City Department of Investigation Commissioner Rose Gill Hearn and the Special Commissioner of Investigation for the New York City School District Richard Condon this week announced that a painting contractor and his …