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

Trial Date Set in Mississippi Insurance Kickback Case

A July 23 trial date has been set for a former Lafayette County, Miss., supervisor and an Ecru businessman charged in kickback case involving a county employees’ health insurance program. The trial will be held in U.S. District Court in …

Texas Will Change Workers’ Comp Disability Management Requirements

The Texas Department of Insurance announced that a workers’ compensation rule to require treatment planning for injured employees (28 Texas Administrative Code §137.300) will be repealed. This rule was adopted along with other disability management rules in December 2006. The …

Fla. Gov. Signs Bill to Extend Citizens Rate Freeze

A bill extending a rate freeze for customers of Florida’s Citizens Property Insurance Corp. and factoring in national profits when setting premiums for other insurance companies became law Monday with Gov. Charlie Crist’s signature. It also would prevent national property …

Oregon’s Ario Tapped to be Pennsylvania Insurance Regulator

Pennsylvania Governor Edward G. Rendell has nominated Joel Scott Ario, the chief insurance regulator for the state of Oregon and a former consumer advocate, to serve as Pennsylvania’s insurance commissioner. As the insurance administrator with the Oregon Department of Consumer …

Motorcycle Deaths Renew Calls for Safety Measures in Maryland

Just having them pass you can be scary — groups of high-speed motorcyclists darting through traffic at speeds that make even lead-foot drivers wince. Called “bullet bikes” and “crotch rockets,” with the drivers crouching low over the body of the …

W. Va. Judge Seals Records in Medical Malpractice Case

Legal documents in the numerous lawsuits filed against a former Putnam County General Hospital osteopath have been placed off limits by a West Virginia judge overseeing the cases. Putnam County Circuit Judge O.C. Spaulding ordered documents sealed in the medical …

N.Y. City Urged to be Ready for Major Hurricane

Homeland Security Secretary Michael Chertoff has warned that America’s largest city needs to be prepared for a hurricane powerful enough to cause serious flooding in lower Manhattan and elsewhere. “It’s always a little odd being in New York and talking …

Bush Administration, SEC at Odds over Scheme Liability in Enron Case

The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron’s collapse. The Justice Department’s solicitor general, who represents the administration in …

Best Affirms Glencoe, Subs Ratings; Revises Outlooks to Positive

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and issuer credit ratings (ICR) of “a-” for the operating subsidiaries of Bermuda-based Glencoe Group Holdings Ltd. The ratings affirmation also applies to Bermuda’s Glencoe Insurance Ltd., …

Oman Damages ‘at Least’ $1 Billion

Cyclone Gonu caused at least US$1 billion (€750 million) in damage in Oman, state-owned Oman television reported Monday, as aid and rebuilding efforts continued in ravaged parts of the country. The authorities have embarked on the urgent initial tasks of …