In a move Texas Attorney General Greg Abbott says validates Texas’ medical malpractice laws, the Texas Supreme Court has upheld the state’s 10-year limitation, or statute of repose, on filing medical malpractice lawsuits. A 2003 law, House Bill 4, aimed …
The Georgia Supreme Court has upheld the state’s 2005 tort reform legislation that limits the liability of emergency room medical care providers. The 4-3 ruling turned aside complaints that the law is unconstitutional because it gives special liability exemption to …
Risk management is a topic of concern for many types of professionals, none more so than those involved in the building trades. “Unfortunately, the stakes are raised in tough economic times,” said attorney Jay S. Gregory, a shareholder in LeClairRyan’s …
Specialty Risk Services has appointed Gordon Breslav to its Alternative Markets sales team. Breslav will originate new business and captive, program, association and BPO relationships throughout the eastern region of the United States. SRS, based in Hartford, Connecticut, is a …
In its fourth annual Ohio Medical Professional Liability Closed Claim Report the Ohio Insurance Department shows a total of 3,080 medical professional liability claims were closed in 2008. The amount of compensation paid on behalf of each defendant to a …
Hartford, Conn.-based Specialty Risk Services (SRS) has appointed David Santschi as vice president, account management, for the Northeast and Southeast Regions. Santschi has more than 15 years of experience in the claims industry. He joined SRS — a national property/casualty …
Water, wind and hail damage top the list of most common homeowner insurance claims in Texas, according to a review by Allstate Insurance Company of aggregated insurance carrier claims data. Allstate assessed data from 2000 – 2007 and found that …
Nebraska lawmakers may allow car passengers to make liability insurance claims when their family members cause car wrecks. The Nebraska Legislature on Jan. 22 narrowly gave first-round approval to a bill (LB216) that would repeal the state’s so-called guest statute. …
State insurance fraud fighting bureaus are seeing a significant spike in fraud cases while trying to manage with lower budgets and staffing in the downturned economy of 2009, according to a survey by the Coalition Against Insurance Fraud. Cases increased …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Italy’s Societa Cattolica di Assicurazione – Societa Cooperativa. Both ratings gave negative outlooks. Best said the ratings reflect its “expectation …