The West Virginia Medical Association says the number of medical malpractice lawsuits against West Virginia doctors and hospitals is going back up. But recent claims are still below the totals reported earlier this decade, before legislative reforms went into effect. …
Roll back the clock to 1961: John F. Kennedy was inaugurated president. The Peace Corps was founded. The Dow Jones industrials hit 734. Gasoline reached 31 cents a gallon. And the number of people killed in U.S. traffic accidents that …
A.M. Best Co. has commented that” the ratings of Flagstone Reassurance Suisse SA (Flagstone Reassurance) (Martigny, Switzerland), Flagstone Reinsurance Limited (Flagstone Re) (Hamilton, Bermuda) and Flagstone Reinsurance Holdings Limited (Flagstone Holdings) (Hamilton, Bermuda) are unchanged following the recently announced organizational …
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of XL Capital Group and its members Best also removed from under …
According to a new report from Swiss Re,” new forms of private-public partnerships are required to anticipate and respond to the risks related to climate change.” The Group’s Chairman Peter Forstmoser presented the conclusions at the International Disaster and Risk …
Twelve people have now died out of 26 confirmed cases of food poisoning linked to deli meats produced at a plant owned by Maple Leaf Foods Inc., Canadian health officials said Monday. There are another 29 suspected cases of listeriosis, …
The National Hurricane Center in Miami posted an interim bulletin, noting that tropical storm Gustav has reached hurricane strength. The NHC has been tracking the storm for several days, as it slowly formed south of the coast of the Dominican …
A former West Virginia doctor facing dozens of malpractice lawsuits is seeking $72.5 million dollars in damages in a lawsuit against the former Putnam General Hospital. John King’s lawsuit also names the hospital’s former owner, Hospital Corporation of America, among …
New Web-Based System Customizes and Consolidates Claims Processing Environment Honolulu, HI – August 26, 2008 — BlueWave Technology™, Inc., a provider of property and casualty insurance solutions, today announced that the Farmers Alliance Companies (FAMI) have selected BlueWave Technology’s PipelineClaims® …
Assertion: Replacement cost violates the principle of indemnification as the insured is placed in a better position than existed immediately prior to the loss. For instance, the insured’s five-year-old production machine is destroyed by a covered cause of loss and …