Monthly Archives: <span>June 2013</span>

Average Lightning Claim Costs up by 25%

While the destruction caused by tornadoes and hurricanes may grab the headlines, intense lightning storms also take their toll throughout the United States. In fact, lightning strikes cost nearly $1 billion in insured losses in 2012, according to the Insurance …

Patient Generic-Drug Lawsuits Curbed by U.S. Supreme Court

The U.S. Supreme Court reinforced its bar on lawsuits by patients against generic-drug makers, overturning a $21 million award to a woman who suffered debilitating injuries after taking a generic painkiller. The justices, voting 5-4, said the federal drug-approval regime …

CMIC Promotes Denise Condron to Director of Loss Prevention

CMIC, a medical professional liability insurance company serving New England, announces the promotion of Denise Condron to director of loss prevention. Her responsibilities include development and implementation of risk management services for healthcare professionals and hospitals. Condron brings over 20 …

Proposal in Massachusetts Targets Bullying at Work

A bill under consideration at the Statehouse would target bullying in the workplace. A Massachusetts legislative panel is scheduled to hear testimony on Tuesday on the proposed law that supporters call “The Healthy Workforce” bill. The measure would offer protections …

Massachusetts Park Closed After 2011 Tornado to Reopen

A popular recreation area in the Brimfield State Forest is reopening two years after it was damaged in a tornado outbreak that left a 39-mile path of destruction from Westfield to Charlton, Mass. The Springfield Republican reports that Dean Pond, …

Investigators to Examine Heat Exchanger at Williams Companies Plant

State and federal officials investigating the cause of the deadly blast June 13 at the Williams Companies Inc. plant near Gonzales, La., plan to inspect a key element of the facility this week that one federal investigator said “failed catastrophically.” …

Electronic Billing & Payment: Improving Operational Efficiencies in the Workers’ Comp Industry

The property/casualty (P&C) industry has the opportunity to dramatically improve operational efficiencies and increase productivity by deploying electronic data interchange (EDI) methodologies to handle medical billing and payments. For most claims operations, billing and payments account for the highest volume …

Berkshire Hathaway Names Chief Legal & Compliance Officer

Berkshire Hathaway Specialty Insurance named Ralph Tortorella III senior vice president, chief legal & compliance officer. Tortorella was previously the global specialty general counsel at Liberty Mutual Group, Inc. “Stability in the legal and compliance function is crucial to our …

Job-Supervisor Harassment Suits Limited by Supreme Court

U.S. Supreme Court put new limits on lawsuits claiming on-the-job harassment, throwing out a case filed by a black catering worker who said a colleague slapped her and used racial epithets. The justices, voting 5-4, said the alleged harasser didn’t …

NTSB: Plane Crashed After Flying Into Thunderstorm

Investigators say a 2012 plane crash in Mississippi that killed three members of a Georgia family likely happened because the pilot inadvertently flew into a thunderstorm. The National Transportation Safety Board said in a probable cause report May 30 that …