Yearly Archives: <span>2008</span>

Conn. Supreme Court Rules ‘High-Low’ Pacts Must Be Revealed

Lawyers for a Connecticut psychiatrist who was sued for malpractice should have revealed to her doctor co-defendant a secret settlement that hinged on the outcome of the trial, the state’s Supreme Court ruled. The case centered on the death of …

Extended Family

Beyond the family with two parents and 2.5 kids, there is another America: About 9 percent of U.S. of households are headed by single parents. Of these 13 million one-parent families, about 20 percent are single-father households. Close to 8 …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

‘Self-Certified’ New York City Building Plans Rife With Violations

More than eight in 10 building plans vetted by architects and engineers — instead of city inspectors — violate zoning rules, New York City reviews of the plans found. The Buildings Department recently checked 869 of the “self-certified” plans and …

Declarations “I’m bitterly disappointed in the lack of a result.” — Connecticut Prosecutor John Malone commenting on the mistrial against David Wilcox. Wilcox, a 72-year-old trucking company owner, stands accused of insurance fraud for trying to reinstate insurance on a …

Pennsylvania Debates Contractor Misclassifications

A bill to punish builders that avoid worker’s compensation fees and other costs by wrongly classifying workers as independent contractors was recently amended on the Pennsylvania House floor. The legislation aims to address supposed abuses in the construction industry. “Each …

It Figures

$1 Million Amount earned by participants in an alleged Philadelphia insurance fraud scheme involving former police officers, doctors, lawyers and others. Police say the scheme, which involved staging auto accidents, used six claimants per vehicle to maximize claim and settlement …

Mississippi Couple’s Katrina Suit against USAA Goes to Trial

Jackson County, Mississippi’s first Hurricane Katrina insurance lawsuit headed to the courtroom Monday. Admiral James W. Lisanby and his wife, Gladys Kemp Lisanby, are suing their insurance company, USAA, over damage to their waterfront home from the August 2005 storm. …

Best Affirms Berkshire Hathaway’s Homestate ‘A++’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Berkshire Hathaway Homestate Companies and its six P/C group members. These include: Brookwood Insurance Company (Coralville, IA), Cornhusker …

Ratings: Commerce, Aspen, Med Mutual, Kodiak, Hermitage, ProAssurance, US Liability, Provident, Hereford, Polish Roman

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Commerce Group, its lead company, The Commerce Insurance Company, and four inter-company pool members. Best also affirmed the ICR …