Monthly Archives: <span>May 2006</span>

Miss. Judge Rules Some State Farm Policy Exclusions Unenforceable

Provisions in a State Farm Fire & Casualty Co. policy that exclude certain damage from Hurricane Katrina are unenforceable, a federal judge in Gulfport, Miss. has ruled. A couple whose Long Beach home was damaged by the Aug. 29 storm …

Product Liability Suits Going Down

After peaking in 2004, the number of total federal products liability lawsuits filed in the U.S. declined by 14% last year and is on pace to decline an additional 16% in 2006. The data was compiled with information gathered from …

Arizona Vehicle Repair House Bill Dies in Committee

An Arizona House Bill that would have made it more difficult for insurers to provide consumers information about automobile and glass repair facilities has died in the Senate Rules Committee, according to Kelly Campbell, western regional manager for the Property …

Arthur J. Gallagher Lacked Authority to Issue Additional Endorsements

A California court has found Arthur J. Gallagher had no authority to issue additional insured endorsements in a high-exposure construction defect litigation. The court ruled California law prohibits the issuance of additional insured endorsements by a broker, finding an insurance …

Eight Arrested in California for Defrauding Insurance Carriers

The California Department of Insurance (CDI) Fraud Division conducted an arrest warrant sweep that resulted in the arrests of eight suspects in Tulare, Fresno and San Luis Obispo counties. The suspects in these cases are being prosecuted by the District …

Louisiana Retailers Mutual Upgraded by A.M. Best

Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurance provider, announced it has been upgraded to an “A-” (Excellent) rating by A.M. Best Company. The company said the rating upgrade reflects Louisiana Retailers Mutual Insurance Company’s solid capitalization, sound operating …

Insurance Verification Bill Passes Okla. House, Heads to Senate

Hoping to drive down Oklahoma’s high automobile insurance rates, the Oklahoma House of Representatives voted May 25 to crack down on uninsured drivers. House Bill 3115, by state Rep. Ron Peterson, would create an online insurance verification pilot program in …

Boating Safety Bill Approved by Okla. Lawmakers

In response to the tragic death of a 12-year-old Edmond boy who was killed in a jet-ski accident in August 2004, Oklahoma lawmakers passed a measure aimed at better protect children by improving boating safety requirements. Senate Bill 1495, by …

Federal Disaster Aid Available for Flood Victims in Mass., N.H. and Maine

The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal disaster aid has been made available in Massachusetts, New Hampshire and Maine to help people and communities recover from the effects of severe …

S.D. Supreme Court Asked to Reinstate Lawsuit on Hospital Pricing

The South Dakota Supreme Court was asked earlier this week to reinstate two class-action lawsuits that allege two hospital systems charge unreasonable prices to patients who are not covered by health insurance or government programs. The two lawsuits were dismissed …