Monthly Archives: <span>February 2014</span>

California Medical Malpractice Award Debate Continues

Supporters of raising California’s award limit for medical malpractice suits hope to put the issue before voters. The Los Angeles Times reports lawyers and consumer groups are getting signatures for a ballot measure to increase 1975’s pain and suffering limit …

Florida Woman Finds Sleeping Burglar on her Couch

A central Florida woman says she woke up to find a suspected burglar asleep on her couch. Police arrested the 26-year-old man Tuesday. He’s charged with burglarizing several businesses before making his way into the Mount Dora home. Orlando television …

New York Court of Appeals Reverses K2 Decision

The New York Insurance Association (NYIA) announced that the Court of Appeals reversed its decision in the case of K2 Investment Group v. American Guarantee & Liability Insurance Company. The new decision upholds the principle that an insurance policyholder is …

Governors Want States to Take Lead on Drilling Regulations

A dozen U.S. governors are pushing for states, not the federal government, to lead regulation of oil and gas drilling. They argue they know their territories best, even as environmentalists question whether they’re doing enough — or doing the industry’s …

AIG Offers New Product to Cover Cross Border Casualty Risks

American International Group, Inc. (AIG) announced the launch of its Global Casualty Single Solution (GCSS), a new product to cover cross-border casualty risks for U.S.-based multinational companies. The product is designed for middle market businesses with up to $700 million …

GEICO’s Fredericksburg Office to Hire 725 Associates in 2014

To keep up with its strong policyholder growth, GEICO announced the company’s regional office in Fredericksburg, Va., plans to hire more than 725 new associates for growth and replacement in 2014. The office, which already employs more than 3,300 associates, …

NTSB Recommends Metro-North Safety Improvements

Regulators investigating a fatal New York commuter train derailment recommended Tuesday that the railroad install recorders on its vehicles and new speed limit signs along its tracks. In a letter to the railroad’s new president, Joseph Giulietti, the National Transportation …

Connecticut Workers’ Comp Coverage Expansion Proposed

Some Connecticut lawmakers have resurrected a proposal from last year to expand the state’s workers’ compensation law to cover employees who’ve suffered an emotional or mental impairment after witnessing a traumatic death or maiming while on the job. Similar legislation …

Louisiana Reports Record Low Boating Fatalities in 2013

State wildlife officials report a record low of 13 boating fatalities for Louisiana in 2013. The previous low for boating fatalities was 19 in 1992 with a high of 79 in 1974 – the first year boating incident statistics were …

Maryland Man Who Staged Banana Peel Suit to Get Psych Screening

A Washington D.C. judge has ordered a psychological screening for a Maryland man accused of staging a fall on a banana peel in a Metro station elevator. The screening was ordered Tuesday after a request from an attorney for 42-year-old …