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

Patterson to Lead ACE Risk Management Subsidiary

ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, appointed David Patterson as president of the Philadelphia-based ESIS Inc., the risk management services subsidiary of ACE USA. With over 30 years of diverse experience in the …

Calif. Insurance Commissioner Announces New Regulations for Auto Insurance Rates

California Insurance Commissioner John Garamendi has announced that he will introduce new regulations next week that require insurers to base auto rates primarily on a driver’s record and not on ZIP code. According to the commissioner, he wants to fulfill …

‘Twas Risky Night Before Christmas…an Insurance Holiday Tale

‘Twas the night before Christmas (12:01 a.m. 12/25) and all through the house (single family, joisted masonry, e.c.3, terr. 44, pc5), not a creature was stirring, not even a mouse (thorough pride of ownership and excellent maintenance). The (flame-retardant) stockings …

Federal Vioxx Retrial Set for Feb. in New Orleans

Round Two of the first U.S. federal trial challenging safety of Merck & Co.’s drug Vioxx will be Feb. 6 in New Orleans, a judge has told attorneys. U.S. District Judge Eldon Fallon of New Orleans held a private telephone …

PT and OT Preauthorization Mandatory Under Texas Workers’ Comp System Effective Dec. 1

House Bill 7 amended Texas Labor Code §413.014 by adding physical therapy and occupational therapy to the list of services requiring preauthorization. The Texas Department of Insurance, with bulletin B-0039-05, notified system participants that this provision would be effective upon …

TDI Announces Holiday Hours

The Texas Department of Insurance reported that all of its offices will close at noon on Dec. 23, 2005. Offices also will be closed for the state holiday on Dec.26. Normal business hours will resume on Dec. 27. If a …

Devlin to Chair Texas Insurance Fraud Committee

Dennis J. Devlin, regional vice president of the Travelers Property and Casualty Insurance Company, has assumed the chairmanship of the Texas Committee on Insurance Fraud. Devlin replaces Craig Sparks, CEO of Union Standard Insurance Co., who stepped down after serving …

La. to Launch Mediation Program for Consumers With Hurricane-Related Insurance Disputes

Louisiana Commissioner of Insurance Robert Wooley will hold a press conference on Thursday, December 22, 2005, at 1:00 p.m., to announce the launch of the Louisiana Hurricane Mediation Program. The press conference will take place in the 1st floor hearing …

W.Va. Bus Driver Sentenced for Workers’ Comp Fraud

Terry Lee Villers of Wirt County, W.Va. has been sentenced to two felony counts of workers’ compensation fraud according to Insurance Commissioner Jane L. Cline. Villers was sentenced Dec. 16 in the Circuit Court of Kanawha County to two terms …

Ho-Ho-Ho: Liability Waiver Promises to Shield Americans from Santa’s Fat Suits

With Christmas quickly approaching, millions of Americans are preparing to celebrate time-honored traditions including caroling, tree-trimming, and leaving cookies and milk out for Santa. But in today’s era of frivolous lawsuits, serving baked goods to the jolly old fat man …