A bipartisan effort by Tennessee lawmakers to limit frivolous medical malpractice lawsuits fell apart Wednesday and has likely stalled for this year. The Senate unanimously passed a similar bill last month to require attorneys to have an independent medical expert …
An association of trial lawyers has accused North Carolina’s largest medical malpractice insurer of violating state law by charging doctors excessive rates, but the company said its rates are reasonable. The North Carolina Academy of Trial Lawyers is pushing for …
The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings Inc.’s annual “State of the …
Allstate has announced that as of July 1, 2007, it will stop offering new homeowners and landlord package polices (LPP) in California. The announcement does not affect its existing property insurance customers in California. “Allstate is taking responsible action now …
A truck safety inspection crackdown has resulted in 596 violations found and 66 rigs taken off the road. The Tennessee Highway Patrol led the operation at seven sites across the state last week. Operation United STOP (Strategic Transportation Observation & …
Democratic legislative leaders wrote to Gov. Charlie Crist urging him to include simplifying KidCare in the list of things lawmakers try to tackle when they return to the Capitol in late June. More than a half million Florida children do …
The Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has recertified EQECAT Inc.’s hurricane model for use in Florida according to EQECAT. The EQECAT North Atlantic Hurricane model, a probabilistic model designed to estimate potential damage and insured losses due …
Among insurance companies, NY Life and Geico rank highest in brand loyalty, according to the 2007 Brand Keys Customer Loyalty Engagement Index. The index, which examines customer relationships with 362 brands in 55 categories, said its listing indicates how the …
She’s certainly no hurricane, with maximum sustained winds of around 45 mph (75 kph), but her arrival signals an early start to the Atlantic storm season. Miami’s National Hurricane Center logged in its first named storm of the season at …
NASD and state regulators from North Dakota, Iowa and Minnesota announced today that they have signed a joint statement supporting a new rule to require that insurance companies and agencies recommend only suitable annuity products to their customers. All four …