KJM Claims Management L.L.C., a full-service, independent claims management firm providing pre-litigation investigation and evaluation of professional and general liability claims and related services opened in Addison, Texas. The company is led by Kathryn Moran, KJM Claims Management founder and …
Following the recent Supreme Court decision that federal rules do not protect drugmakers from state lawsuits, Democrats in Congress have moved to overturn a decision that has shielded medical device companies from similar legal action. Last Wednesday the court turned …
The Supreme Court Wednesday ruled against the drugmaker Wyeth, holding that pharmaceutical companies can be held liable for harm from medicines which carry warnings approved by federal regulators. By a 6-3 vote, the high court ruled that labeling approvals by …
The Hartford Financial Services Group, Inc. reported a fourth quarter 2008 net loss of $806 million. For full year 2008, The Hartford reported a net loss of $2.7 billion, compared to net income of $2.9 billion in 2007. “This was …
Georgia Governor Sonny Perdue is proposing tort reform legislation intended to protect Georgia-based biotech companies from product liability claims. The proposed legislation would provide that Federal Drug Administration (FDA) approval is sufficient to protect against design defect and failure to …
Specialty Risk Services (SRS), a property-casualty third party administrator for workers’ compensation and liability claims, has appointed Frank Shmays as director of Business Development. Shmays has been with SRS for more than 10 years. He joined the company in 1998 …
The Florida Supreme Court has let stand a Broward County smoker’s $545,000 award in a tobacco case that also may affect liability claims for a broad range of other “inherently dangerous” products. Those items can range from guns, knives, motorcycles …
Workers’ compensation does not bar a worker injured at a construction site from bringing a tort claim when the worker is an independent contractor, the California Court of Appeal has ruled. According to court documents in Jeffrey Tverberg et al. …
The Public Entity Risk Institute (PERI), a nonprofit research institute, wishes to correct a conclusion about its public entity claims database, the PERI Data Exchange, published by Insurance Journal recently. The organization’s news release, headlined “PERI Data Exchange Reports Significant …
Liability and workers compensation claims against the public sector are multiplying at an unprecedented pace, according to a report from a tracking database maintained by a risk management research organization. In 2008, the total claim count in the PERI Data …