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

Canadian Business Ill-Prepared for Climate Change Risk, Lloyd’s Warns

Canadian business is vulnerable to climate change and the increasing frequency and intensity of natural catastrophes, Lloyd’s Chairman Lord Peter Levene warned in a July 11 speech to the Vancouver Board of Trade. Levene called on governments, businesses and insurers …

Conn. Car Registration Stickers Move Inside to Thwart Thieves

Governor M. Jodi Rell is advising Connecticut motorists that they will soon receive new motor vehicle registration stickers that will be placed inside the windshield rather than on the rear license plate – an effort to thwart thieves who often …

N.Y. Speaker’s Law Firm Seeks People Injured in State Parks

The personal injury law firm where New York State Assembly Speaker Sheldon Silver practices is pitching its services to people injured at state parks. A section of the Weitz & Luxenberg firm’s Web site devoted to “on premises” injury lawsuits …

N.H. Family Sues Supermarket Over Bacteria Illness

An Epsom, N.H. couple is suing Shop & Stop, saying their 8-year-old son was infected and nearly killed by E.coli bacteria in meat bought at the one of the company’s Manchester stores. Eric Tsirovakas got sick from a hamburger last …

N.H. Man Fined in Restaurant Insurance Fraud

A Portsmouth, N.H. man was fined and given a suspended prison sentence after pleading guilty to trying to defraud his insurance company, according to officials. The case goes back to 2003, when Jesse Gregoire got into a fight at a …

Cincinnati Insurer Settles Lawsuit Alleging Minorities Overcharged

The Ohio Insurance Department this week said that about 25,000 minorities in North Carolina could be eligible for benefits as a result of a settlement with Western and Southern Life Insurance Co. An investigation led by Ohio insurance regulators and …

Ohio Schools Insure Against Terrorism, Sexual Misconduct

School insurance policies in Ohio that used to cover the basics, workers’ compensation for staff, liability insurance for jungle gym accidents, now also cover catastrophes such as terrorist attacks or school shootings, insurers and school officials say. Districts noticed events …

Mo. Governor Signs Med Mal Rate Control Legislation

The Missouri Insurance Department will have more information and control over medical malpractice insurance rates under legislation Gov. Matt Blunt signed Monday. The bill gives the state insurance director authority to veto medical malpractice rates that are excessive, inadequate or …

Commercial Brokers Urge Action on Surplus Lines Regulatory Reform

The Council of Insurance Agents & Brokers praised Congress for addressing insurance market reform and said there is still time this session to enact some easy, achievable changes that could have a major impact on the marketplace. In testimony before …

La. Commissioner Orders Insurers to Extend Hurricane Prescription Period

Just over a month after he asked insurance companies in his state to voluntarily do so, Louisiana Commissioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana extend the period in which a policyholder …