Monthly Archives: <span>March 2008</span>

Hospital Corp. Settles 70 ,alpractice Suits Against West Va. Physician

Nashville, Tenn.-based Hospital Corp. of America and a former subsidiary have agreed to settle 70 lawsuits alleging malpractice by a former West Virginia physician. The total amount of the settlements and attorneys’ fees will not be disclosed for several weeks. …

S.C. Remains Among Holdouts from National Real ID License

Homeland Security officials are pushing recalcitrant states to adopt stricter driver’s license standards to end a standoff that could disrupt domestic air travel. States have less than a month to send a letter to the Homeland Security Department seeking an …

South Carolina Awards for Safe Homes Top $1M

The South Carolina Department of Insurance awarded a fifth round of grants through the state’s Safe Home Grant Program, according to Scott H. Richardson, insurance department director. Richardson, also chairman of the Advisory Committee for the South Carolina Building Codes …

Business Moves

Farmers, Zurich Small Business Truck Insurance Exchange, a unit of Farmers Insurance Group, reports it will purchase the rights to access renewals on Zurich North America Commercial’s Small Business Solutions (SBS) $800 million book of business. In addition, the management …

Head-in-the-Sand Response Won’t Work for Florida Property Insurance

As the 2008 legislative session begins and hurricane season approaches, Florida’s businesses and homeowners continue to struggle with the increasing cost of property insurance. The quest for answers to the state’s property insurance crisis has turned into a political tug-of-war, …

It Figures

70 The number lawsuits alleging malpractice by a former West Virginia physician that Nashville, Tenn.-based Hospital Corp. of America and a former subsidiary have agreed to settle. Dr. John A. King is a defendant in 124 medical malpractice lawsuits in …

Declarations

Wind Pool Infusion “I think that it’s first and foremost the biggest obstacle we have in rebuilding. If you can’t obtain insurance, then you’re at a standstill. You can’t buy a new piece of property and start building if you …

Buffett Succession Plan at Berkshire Gets a Twist

There is a job change coming for an executive whom investors say could become the next Warren Buffett. David Sokol, widely considered among the top candidates to eventually replace Buffett as chief executive of Berkshire Hathaway Inc, announced Tuesday that …

N.C. Officials Hit Auto Insurers’ Rate Bid

North Carolina auto insurers don’t know what, if any, rate increase they will be permitted but they know that it will not be as much as the 13 percent average increase they requested. The North Carolina Department of Insurance has …

‘Fed Up’ Florida Chamber Wants to Shield Businesses From Citizens

The Florida Chamber of Commerce would ideally like to see lawmakers repeal the property insurance law HB1A passed in 2007 but would settle for lowering assessments of businesses or giving businesses the option of buying policies that can’t be assessed …