Monthly Archives: <span>March 2007</span>

State Regulators Fine Blue Cross for Canceling Policies

State regulators fined California’s largest health insurance provider $1 million for violating state law, saying an investigation found that the company systematically dropped policyholders after they became sick or pregnant. Officials with the Department of Managed Health Care said they …

Colo. House Approves Bill Expanding Workers Comp Choices

The Colorado House approved and sent to the Senate a bill that would require companies to allow injured workers to choose between two doctors for workers compensation care. It also would allow workers to change doctors if they want a …

Idaho Governor Vetoes Auto Insurance Measure

Idaho Gov. C.L. “Butch” Otter has vetoed his fourth bill of 2007, this time killing a measure to force insurance companies to offer motorists policies that protect them against underinsured drivers in the event of an accident. Underinsured motorist coverage …

Consultant: La. Citizens Last Balanced Books 18 Months Ago

It’s been a year and a half since Louisiana’s insurer of last resort last balanced its checkbook, and its computer backup system loses details of records more than two weeks old, the agency’s board has learned. The Louisiana Citizens Property …

La. Commissioner Wants $100M Fund to Entice Insurers to State

Louisiana Insurance Commissioner Jim Donelon wants to use $100 million in state money as financial incentives for insurers, hoping the lure will make companies more likely to write homeowners policies in coastal parishes. The so-called “surplus match” plan would create …

N.D. Agent Under Investigation for Fraud Found Dead

Insurance Commissioner Jim Poolman is investigating whether some of an Underwood insurance agent’s customers have lacked coverage for years because she issued bogus policies and kept their premium payments. At least $300,000 is believed to be missing. The agent, Diane …

Fla.-Based Vanguard Fire & Casualty Ordered into Liquidation

Leon County (Florida) Circuit Court Judge Terry P. Lewis ordered Maitland-based Vanguard Fire & Casualty Company into liquidation, effective today to ensure policyholder claims continue to be paid. The Department of Financial Services was named receiver in January for purposes …

U.S. Study Finds Majority of Medical Malpractice Claims Close Without Payment

The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS) reported. BJS conducted a study of medical malpractice …

Powerful Earthquake Rocks Japan; 1 Dead, 170 Injured

A powerful earthquake struck Japan on Sunday, killing at least one person and injuring 170 others as it damaged buildings and triggered a small tsunami along the coast, officials said. The magnitude-6.9 quake struck at 9:42 a.m. (0042 GMT) off …

Conn. Ruling Lowers Bar for Suits Against Self-Service Operations

The state Supreme Court has adopted a new legal rule making it easier for plaintiffs to sue businesses for negligence alleged in self-service operations. Customers who are injured at a business previously had to demonstrate that the owner or operator …