May 22, 2006
Additional InsuredsEquilon Enterprises, LLC v. Great American Alliance Insurance Company (Washington Court of Appeals, Apr. 3, 2006) (Unpublished) Ruling: A wholesale distributor of fuel had contracted with a supplier of fuel to buy the fuel and distribute it to various …
May 22, 2006
New Mexico’s suspended Insurance Superintendent Eric Serna, under investigation over a bank contract, is named in a lawsuit that alleges title insurance firms sought to persuade him to raise rates by donating to a nonprofit foundation he helped found. The …
May 22, 2006
Alaska legislators concluded the 2006 regular session this month and in the final hours rejected a bill opposed by insurers that would have encouraged more employers to self-insure for workers’ compensation. Legislators also declined to pass a measure that could …
May 22, 2006
Editor’s note: This is part 2 of two-part series on product recall. Part 1 appeared in the May 8, 2006, Western region issue of Insurance Journal. Losses resulting from a product recall are generally classified as either first-party losses or …
May 22, 2006
San Francisco County Superior Court Judge Donald Mitchell has granted California State Compensation Insurance Fund’s Motion for Judgment Notwithstanding the Verdict and has vacated the March 2, 2006, judgment for Palm Medical, and has entered judgment in favor of State …
May 22, 2006
New Mexico State Insurance Superintendent Eric Serna intervened in an automobile accident insurance claim involving his daughter, according to documents obtained by a local newspaper, but Serna denies any wrongdoing. “I never exerted any influence and I didn’t do anything …
May 22, 2006
In teenage land, the Internet is hardly foreign. Ask any 14-year-old today — they likely know all the ins and outs of using the Web to research school projects, as well as how to make friends all around the world …
May 22, 2006
se_110_PIAofFlorida.xtg TITLE: News Currents Questions and answers about the receivership and status of Poe Financial Corp.’s subsidiaries Southern Family and Atlantic Preferred have been provided to Professional Insurance Agents of Florida members who “flooded” the association’s office with questions after …
May 22, 2006
Gov. Jeb Bush signed Florida HB 145, that promises to bring greater equity to the civil justice system by repealing the doctrine of joint and several liability. “The scales of justice have been balanced,” William Stander, assistant vice president and …
May 22, 2006
The Florida Legislature has reenacted the PIP/no-fault law, with no significant reforms, sought by the insurance community, but with a 2009 “sunset” date that could lead to major changes in a future session. The package contains $1 million in additional …