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Medical Liability Insurers Express Short-term Optimism, Long-term Concern for Competitive Pressures
U.S. medical professional liability insurers anticipate their primary rate levels to decrease in 2008 when compared to 2007, while the average frequency and severity of claims sustained by their firms will remain about the same as last year, according to a survey of medical liability insurance executives conducted by reinsurance broker Collins. (Posted: 4/29/2008)
On May 28, the New York Court of Appeals will hear oral arguments in Markowitz v. Serio, a case involving an attempt to force immediate disclosure of commercially valuable information submitted by insurers to the state Department of Insurance. (Posted: 4/29/2008)
New Study Ranks Best, Worst State Lawsuit Climates
Senior attorneys at America’s largest employers say state court liability systems have steadily improved over the last several years, but fewer than half of them rate the state courts as “excellent” or “pretty good.” (Posted: 4/23/2008)
Modesto, Calif., Regains Nation’s Top Spot for Vehicle Thefts
The National Insurance Crime Bureau reported April 22 that the Modesto, Calif., metropolitan statistical area (MSA) had the highest per capita rate for vehicle thefts in the nation in 2007. (Posted: 4/22/2008)
80 Percent of Americans Say They are Concerned about Identity Theft
Bankrate, Inc. released the findings of a national poll that found that eight out of 10 Americans are concerned about their identity being stolen. (Posted: 4/22/2008)
In a case that tested the limits of the “going and coming rule” precluding benefits for injuries suffered by employees traveling to and from work, the Supreme Judicial Court recently held that an employee who suffered injuries in an auto accident following a 27-hour shift was not entitled to receive workers’ compensation benefits from his employer. (Posted: 4/22/2008)
NAMIC's partners at the Insurance Federation of Minnesota and the Minnesota Association of Farm Mutual Insurance Companies announced that on Monday both the House and the Senate approved by large margins the report of the conference committee that was appointed to work out the differences between the chambers' versions of the bad faith bill. (Posted: 4/15/2008)
9th Circuit Affirms Nevada District Court in Final Countersignature Suit
In a long-awaited decision handed down on April 10, the U.S. Court of Appeals for the 9th Circuit affirmed the 2004 U.S. District Court decision that found the Nevada resident agent countersignature to be unconstitutional. (Posted: 4/15/2008)
Connecticut: Supreme Court Says Attorney General Can Sue Broker for General Economic Impact
Connecticut’s attorney general has standing to sue an insurance broker for general economic damages to the state in a case alleging violation of the state’s antitrust law, the state’s Supreme Court has ruled. (Posted: 4/15/2008)
A property insurance policy with a flood and water exclusion does not cover loss caused by water even if the flood was the result of a “burst” that could be construed as an explosion, the New Hampshire Supreme Court ruled recently. (Posted: 4/8/2008)
New York: Senate Approves Bill Making Insurance ID Forgery a Felony (4/1/2008)
Minnesota: ‘Bad Faith’ Bill Passes House, Conference Committee Expected to Work Out Issues (4/1/2008)
California: Grassroots Campaign Launched to Protect Californians From Auto Body Repair Legislation (4/1/2008)
Report: Losses Resulting from Mortgage Fraud in the U.S. Will Reach $2.5 Billion in 2008 (3/31/2008)
Massachusetts: Supreme Judicial Court Seeking Amicus Briefs in Livery Liability Case (3/25/2008)
Minnesota: Setback for Trial Bar (3/25/2008)
Minnesota: Bad Faith Bill Sent to Full Senate (3/18/2008)
NAMIC Concerned Over Panel’s Passage of Sunshine in Litigation Act (3/18/2008)
2008 State-by-state Rankings Released of the Best and Worst Tort Systems in America (3/12/2008)
Ohio: Personal Injury Lawyers Introduce UI/UIM Proposal (3/11/2008)
New York: Assembly Insurance Committee to Hold Hearing on Bond Insurance (3/11/2008)
Indiana Supreme Court Clarifies Law on Emotional Distress Claims (3/11/2008)
Hit-and-run Accidents Can Hit Insured Drivers by Surprise (3/7/2008)
Cyber Risks Could Be Next Trigger for Director Lawsuits (3/6/2008)
Minnesota: Procedures Issued for Trade Secret Information in SERFF Filings (3/4/2008)
Minnesota: Trial Lawyers Continue Pursuit of ‘Bad Faith’ Proposal (3/4/2008)
New York: Court of Appeals Allows Consequential Damages in Bad Faith Case (2/26/2008)
Massachusetts: Attorney General Will Not Appeal Auto Rate Decisions (2/26/2008)
Colorado: NAMIC Asks Governor to Veto Offers of Settlement Bill (2/19/2008)
Indiana: Court of Appeals Upholds Exclusive Remedy (2/19/2008)
Rhode Island: NAMIC, Others Argue Against Expansion of Public Nuisance Tort in Lead Paint Case (2/12/2008)
Connecticut: Supreme Court to Hear Arguments in Case Involving Insurance Data (2/5/2008)
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