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

Study: Workers’ Comp Losses Growing Despite Claims Frequency Fall

Strong pricing and benefits from state workers’ compensation law reforms have masked an increase in workers’ compensation accident-year losses that could curtail the recovery now that the market is softening, according to a new study by Conning Research and Consulting. …

FedEx Says Arab-Americans Alleging Bias Not Protected by Mass. Law

Four Arab-American men claim in a lawsuit filed in Massachusetts against FedEx Corp. that their supervisors subjected them to religious and ethnic slurs, called them terrorists and gave them less lucrative delivery routes. “They all came to this country because …

Maine Employee’s Widow Sues Employer Over Asleep-at-Wheel Crash

A floor products company faces a lawsuit by the Maine widow of an employee who was killed last year in a highway crash after he apparently fell asleep at the wheel while driving home from work. Another motorist who was …

Steel Workers’ Families Win $3.97 Million in Md. Asbestos Case

The families of three former Bethlehem Steel workers were awarded $3.97 million in a Maryland asbestos case the plaintiffs’ attorney said was the first of hundreds such cases. The plaintiffs had sued General Electric in Baltimore Circuit Court over asbestos-lined …

Calif. State Bar Considers Malpractice Insurance Disclosure

The California State Bar is considering whether lawyers in the state should be required to disclose whether they have malpractice insurance. State Bar President John Van de Kamp has appointed a task force to study whether the state should require …

Oregon Seeking Comments on Insurer Assessments

Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of the state’s administrative rules relating to assessments against insurers to fund regulatory functions under the insurance code. The rulemaking implements recently enacted legislation (HB …

Ga. Doctor Pleads Guilty in $5 Million Health Care Fraud

A Savannah doctor pled guilty to participating in a $5 million scheme to defraud Georgia health care insurance programs. Rafael G. Razuri, who was an owner of Southside Medical and Rehabilitation Center, pled guilty to conspiracy to commit health care …

State Farm to Drop 50,000 Coastal Homeowners Policies in Fla.

State Farm Insurance, Florida’s largest private home insurer, said it will drop about 50,000 homeowners policies next year in what it considers risky areas along the coast. Most of the homes and condos that will lose their coverage are within …

S.C. ‘Wind pool’ Insurance Rates Likely to Rise

Insurance rates for people along the South Carolina coast who can’t find regular coverage for hurricane and wind damage will likely be going up this fall, although the amount of the increase has not been determined. The wind insurance pool …

Study Says Alabama Tied for Second in Most Uninsured Motorists

A national study suggests Alabama’s mandatory auto insurance law has had little effect on the number of uninsured driver on state roads since the Legislature enacted it in 1999. The Insurance Research Council, a nonprofit study group funded by insurance …