Monthly Archives: <span>February 2008</span>

Willis on Middle East Terrorism Insurance

Willis Group Holdings has released a summation of its presentation on terrorism insurance at the General Arab Insurance Federation (GAIF) conference in Bahrain. The global broker notes: “Despite a number of recent terrorist attacks occurring on Middle East and North …

Idaho Residents Warned About Spring Flood Risk

The Idaho Department of Insurance is warning homeowners about the potential risk of heavy spring flooding, with accompanying property damage, resulting from the heavy snowfall that areas of the state have already received this winter. The department noted that sudden …

Man Gets $18M for 20-Foot Fall Through Manhole

A former Pa. medical student who fell through a manhole and suffered career-ending injuries will receive $18 million after a Philadelphia jury trial. Thirty-year-old Marcus Gustafsson of Philadelphia fell about 20 feet through the open manhole in 2004. Lawyer Matthew …

Pa. Judge Wants His Insurance Fraud Trial Moved To Pittsburgh

Former Pa. Superior Court Judge Michael Joyce wants his federal insurance fraud trial moved out of Erie to U.S. District Court in Pittsburgh. Joyce’s attorney says news coverage of the case has generated enormous prejudice toward the defendant and spawned …

After Brain Surgery Mistakes, R.I. Lawmakers Propose Tracking System

Rhode Island lawmakers are proposing a system to investigate and track medical mistakes and so-called “near misses” after brain surgeons at Rhode Island Hospital operated on the wrong side of patients’ heads last year on three separate occasions. Bills introduced …

Woman, 87, Dies during Queens Home Fire; FDNY Response Criticized

An 87-year-old woman died Monday in a New York home fire, and a firefighters’ union official criticized the fire department for initially dispatching only one truck to the building after the alarm sounded. Two firefighters suffered minor injures tackling the …

Court: Conn. Widow Can’t Pursue Claim Husband Was Worked To Death

The widow of a Connecticut Superior Court judge cannot pursue a lawsuit claiming the state worked her husband to death, the Connecticut Supreme Court ruled. The high court struck down a special act of the legislature, passed in 1994, that …

Sky Is Falling: What’s the Chance of Space Debris Hitting Earthlings?

Giant chunks of manmade space junk — like the dead satellite that the U.S. government recently shot down — regularly fall to Earth. Yet no one has ever been reported hurt by them. Chunks of debris weighing two tons or …

Former Zurich Senior Executive Joins Mystic Capital

New York (Feb. 27, 2008) – Mystic Capital Advisors Group, LLC is thrilled to announce the addition of insurance industry dynamo Barry J. Gilway to its investment banking group. The former Zurich executive brings more than 37 years of insurance …

Industry Groups Call Calif. Auto Repair Bill “Anti-Consumer”

The Association of California Insurance Companies, the American Insurance Association and the Personal Insurance Federation of California have announced their opposition to California Senate Bill 1167, a bill that the groups say would deny consumers vital information about longer guarantees …