William Granato Brandon Hickey Ohio Casualty Corporation has completed a new five-year agreement with its current president and chief executive officer, Dan R. Carmichael. The prior contract with Carmichael was to expire on Dec. 31, 2005. Carmichael joined Ohio Casualty …
Former Chicago Insurance Broker Serving Time for Fraud Appears on TV; Is Movie Next? Once you get over the fear…you find that people are just people,” Michael “Mickey” Segal, 63, told an ABC-TV news anchor regarding concerns about other prison …
MISSOURI Insurer to Pay $8 Million: State Farm Insurance has been ordered to pay more than $8 million to a tow truck driver and his sister-in-law who were acquitted of insurance fraud after being accused of faking the theft of …
The purpose of this editorial is a simple hello to all of you. I am the new kid on the block at the Insurance Journal. I may be the new kid at the IJ, but not to the insurance industry. …
Illinois Counties Cited in Tort Reform Group’s Top ‘Judicial Hellholes’ The fourth annual “Judicial Hellholes” report, a ranking of state courts that are sought by plaintiffs because they are judged by critics to have the toughest environment for defendants in …
While NAMIC may stand virtually alone, our position has received vital support from the chairmen of the U.S. House Financial Services Committee and state legislative groups. The insurance industry effects real public policy change when our arguments are based on …
People injured by a vaccine against bird flu or anthrax would have to prove willful misconduct to bring a claim for damages against drug manufacturers or distributors, according to legislation being drafted by Republicans. A 10-page draft of the legislation …
Wisconsin Gov. Jim Doyle vetoed legislation that would have capped the amount of money medical malpractice victims could win in court for their pain and suffering, an issue that has been a political flash point across the country. Republican lawmakers …
A federal district court judge in South Dakota ruled that the state’s countersignature law is unconstitutional. The ruling means that 50 states have taken action to eliminate the countersignature requirement, although appeals are still pending in several jurisdictions. U.S. District …
A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road projects …
