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

Delaware Bill Lets Retired Doctors Keep Med-Mal Insurance Intact

Legislation pending in the Delaware state Senate addresses the shortage of doctors at the Veterans Affairs Medical Center in Elsmere. The bill would let retired doctors practice again and keep their malpractice insurance coverage intact. Under current law, retired doctors …

State Regulators Consider Centralizing Insurance Market Conduct Reporting

State insurance regulators want to centralize the filing and storage of their annual market conduct reports on insurance companies. The regulators are reviewing a proposal that would allow insurers to make one filing, as well as provide regulators the ability …

North Carolina Medical Board Wants Malpractice Data on Web Site

The North Carolina Medical Board will hold a public hearing next month on a proposal to post doctors’ malpractice information on its Web site. The News & Observer of Raleigh reported this week that the idea has already drawn the …

R.I. Senate Weighs System for Tracking Medical Mistakes

A Rhode Island Senate committee plans to vote on creating a new system for tracking medical mistakes and near mistakes after brain surgeons at Rhode Island Hospital operated three times on the wrong side of patients’ heads. The Department of …

RMS Attends Chinese Regulatory Conference to Promote Data Standards

In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with more than 100 representatives of the domestic Chinese insurance industry at …

FEMA Tours Flood-Damaged Delaware Coast Area

Representatives from the Federal Emergency Management Agency are touring the Delaware coast to evaluate damage from recent flooding. There is no timetable for a possible disaster designation. According to representatives of Delaware’s Emergency Management Agency, 100 homes would have had …

Starr Foundation Pledges $1 Million for China Earthquake Relief

The Starr Foundation of New York and Starr International Foundation of Switzerland have announced a joint grant to the China Charity Federation totaling $1 million for earthquake relief in China. The donation was facilitated by Give2Asia. “Our heartfelt concern goes …

AXA Gives Progress Report on its ‘Ambition 2012’ Project

France’s AXA Group reported that it is “halfway to Ambition 2012, its company-wide project launched in 2004 which aims to make AXA the preferred company of its clients, employees and shareholders.” AXA explained that it is seeking to enhance its …

N.C. Home Builder to Fix Fire Walls

A manager for a home builder that installed inadequate fire walls in more than 100 town houses in Guilford and Forsyth counties says the oversight was an “honest mistake,” not an attempt to cut costs. Portrait homes regional manager Paul …

Secquaero Licenses AIR Worldwide’s CATRADER to Manage Cat Bonds

AIR Worldwide Corporation announced that Secquaero Advisors Ltd., an investment specialist with a focus on insurance risk management and intermediation, has licensed CATRADER®, its software for analyzing catastrophe reinsurance and insurance-linked securities. “Secquaero will use CATRADER to better assess and …