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

Calif. State Fund Files Average 9 Percent Premium Decrease

California’s State Compensation Insurance Fund is calling for a 9 percent average decrease in collectible premium its latest filing of workers’ compensation rates for 2007. The new rate will affect new and renewal workers’ comp policies with an effective date …

Company Dumps Jockey Insurance in Montana

A national company that arranged insurance for race jockeys in Montana this year has dropped all four of the state’s race tracks for next year, leaving the tracks scrambling to find another insurance provider. The Montana tracks were among 19 …

Excess/Surplus Claims Group Elects Kalaydjian, Other Officers

The Excess/Surplus Lines Claims Association has announced its new officers and directors. Newly elected officers include President Catherine Kalaydjian, who is executive vice president and head of claims for Endurance Specialty Insurance Ltd. Other officers elected include: Vice President – …

Miss. Court: Hotel Not Liable in Death of Guest

Choice Hotels International cannot be held responsible for the death of a Texas man, who was murdered when two men burst into his Gulfport motel room, the Mississippi Court of Appeals has ruled. The ruling came in the appeal of …

USI Holdings Granted New Trial on Copyright Infringement Dispute

USI Holdings Corporation announced that a federal court has ordered a new trial on damages and statute of limitations issues in the copyright infringement case William A. Graham Company v. Thomas P. Haughey and USI MidAtlantic Inc. (U.S. District Court, …

Companies Differ on How Supreme Court Should Decide Patent Case

Some of the largest companies in the United States are facing off in a Supreme Court case over gas pedals, with one side hoping the justices will put the brakes on an out-of-control patent system. The court is scheduled to …

State Farm Contributes $1.5M to Texas Vehicle Registration Initiative

State Farm and the State Farm Agents of Texas are contributing $1.5 million through in-kind services to support “Put Texas in your corner,” the Texas Department of Transportation’s initiative to remind vehicle owners to register their cars, trucks, motorcycles, and …

Radiologists Report Frustration with Medical Liability Issues

Nearly a quarter (24 percent) of radiologists responding to a recent national salary survey reported that they are frustrated with today’s medical liability environment. Only 7 percent of respondents said they were not frustrated about practicing medicine in today’s health …

HCC CEO Way Resigns at Conclusion of Stock Option Investigation

Houston, Texas-based HCC Insurance Holdings Inc., announcing the results of its independent investigation of stock option granting practices, said company founder Stephen L. Way resigned as chief executive officer effective Nov. 17, 2006. Way will remain a director and serve …

Fisher Tax Trial Delayed in Okla.

An Oklahoma County judge has moved the latest trial of former state Insurance Commissioner Carroll Fisher. District Judge Susan Caswell agreed to delay the tax-charge proceeding after meeting with prosecutors and defense attorneys. The jury trial set to begin Dec. …