Monthly Archives: <span>March 2010</span>

Missouri High Court Narrows Medical Malpractice Limits

The Missouri Supreme Court has slightly narrowed the scope of a 2005 state law limiting how much money can be awarded to people in medical malpractice cases. The high court’s March 23 ruling provided a victory for those injured before …

Iowa Legislature Approves Compromise Texting Ban

The Iowa Legislature has approved a compromise package that puts new limits on sending or reading text messages while driving, including tough restrictions on young drivers. Lawmakers have argued about the issue for most of the session. A House-Senate conference …

Report Ranks Kansas Highways as Best in the United States

A special report on the nation’s highways published in the April edition of Reader’s Digest has ranked Kansas highways as the best in the United States, according to the Kansas Department of Transportation. The study factored safety statistics, pavement condition, …

Mississippi Receives $1 Million Federal Grant for Home Smoke Alarms

The federal government has awarded nearly $1 million to Mississippi to pay for smoke alarms in homes. The State Fire Marshal’s Free Smoke Alarm Installation Program is the recipient of the Department of Homeland Security grant. Commissioner of Insurance and …

Trial Attorneys Jockey for Position in Toyota Litigation

Scores of high-powered U.S. trial lawyers pursuing Toyota in court over the car company’s wide-ranging safety recalls gathered Wednesday to compare notes, strategize and jostle for a prime shot at the legal bounty. The conference at a San Diego hotel …

Ex-VP Sues Goldman Sachs, Alleging ‘Mommy Track’ Discrimination

Goldman Sachs Group Inc. was sued for alleged bias by a former vice president, who said the Wall Street bank consigned her to a “mommy track” that led to her firing while she was on maternity leave. The lawsuit was …

Florida Jury Awards $26.6 Million to Smoker’s Widow

A Florida jury ordered R.J. Reynolds and Philip Morris Wednesday to pay $26.6 million to the widow of a longtime smoker who died of lung cancer, the latest verdict against cigarette makers in the “Engle progeny” lawsuits. The Broward County …

Wisconsin Regulator Seizes Some of Bond Insurer Ambac’s Assets

State regulators are taking control of some of U.S. bond insurer Ambac Financial Group Inc.’s worst assets, the company said Thursday, in an action affecting some $35 billion of assets. Regulators in Wisconsin, where Ambac’s main insurance unit is legally …

Catlin Estimates Impact of Chilean Quake, Windstorm Xynthia

The Bermuda-based Catlin Group Limited has given preliminary estimates of the financial impact of the Chilean earthquake – around $140 million – and Windstorm Xynthia – less than $10 million. Catlin noted that the current estimates of the insured damage …

Idaho Adopts New Rules for Third-Party Administrators

The Idaho Department of Insurance has changed the Insurance Administrators chapter of the Idaho Insurance Code to bring Idaho into compliance with the National Association of Insurance Commissioners model act on third-party administrators (TPAs). Under the new law, all TPAs …