Yearly Archives: <span>2007</span>

Ky. Gov. Proposes Compromise for Medical Malpractice Cases

In a blunt assessment to fellow doctors, Kentucky Gov. Ernie Fletcher said Monday that chances of limiting pain-and-suffering damages in medical malpractice cases are bleak because of resistance from some state lawmakers. The governor expressed a willingness to compromise if …

Major Internet Disruption Would Cost $250 Billion in Economic Damages

A major disruption to the Internet would not only be detrimental to businesses, public institutions and citizens, but would also cost the global economy an estimated $250 billion, according to a report released by the Business Roundtable, an association of …

Wells Fargo Names Baldwin COO of American E&S Operations

San Francisco-based Wells Fargo Insurance Services has promoted Paul Baldwin to the position of chief operating officer of its American E&S (AES) operations. In his new role, Baldwin will take an active role in strategic business development within American E&S, …

Washington Casualty Adds New Managing Director

Medical professional liability insurer Washington Casualty Co. (WCC), today announced it has named Mike Rutz to the newly created position of managing director. WCC is a wholly owned subsidiary of Lansing, Mich.-based FinCor Holdings, a health care risk management and …

Court Says Database Alone Can’t Decide Medical Reimbursement Costs

The Colorado Court of Appeals has ruled against State Farm Mutual Automobile Insurance Co., noting that the insurer’s exclusive use of a computer database to determine reimbursements of medical costs was unreasonable. The decision opens the door for a class-action …

3 Ga. Agents Violate Military Sales, Commissioner Revokes Licenses

For violating military sales regulations, Georgia Insurance Commissioner John W. Oxendine revoked the licenses of three agents The regulations were recently enacted to protect soldiers from unscrupulous solicitation, Oxendine said. “My office is working with Georgia’s military bases to weed …

FBI Report Shows Property Crimes Decrease Again in 2006

For the fourth year in a row the estimated number of property crimes decreased, according to statistics released by the FBI’s 2006 edition of “Crime in the United States,” a statistical compilation of offense and arrest data as reported by …

Pastor Appears in Colo. Court on Fraud Charges

A prominent pastor accused of filing fraudulent life insurance claims to funnel money to church groups he controlled appeared in court in Centennial, Colo. Acen Phillips, 72, was accompanied by defense lawyer Gary Lozow but Lozow said he wasn’t representing …

Western Security Surplus Adds Three Marketing Specialists

Pasadena, Calif.-based Western Security Surplus Insurance Brokers Inc. named three marketing specialists for California and Texas. Reporting to Ron Klimek, CIC, vice president of marketing and business development are Monica Taylor, Joffrey Waisblatt and Brian Dakota. They will be responsible …

Indiana Insurance Holds 1st Star Day Honoring Customer Service Reps

Indiana Insurance recently honored its agencies’ customer service representatives (CSRs) for their dedication to assisting Indiana policyholders during the 1st annual Star Day held in Indianapolis. Julie Most, a CSR with Insurance Management in Marion, Ind., was awarded Indiana Insurance …