Monthly Archives: <span>April 2011</span>

Health Insurers’ Claims Cost Continues to Rise

The cost of claims in employer-sponsored health plans continues to increase, although the rate is slightly lower than six months ago. A new trend survey by Wells Fargo Insurance Services projects that overall claim cost will continue to increase in …

Crone Joins McCart Group in Georgia

Phillip Crone has joined The McCart Group in Georgia as managing director of business development and growth. Crone will work closely with the sales and marketing team to strengthen client relationships and build industry partnerships. The McCart Group, located in …

RIMS, Chartis Launch Hall of Fame for Risk Managers

The Risk and Insurance Management Society (RIMS) and global insurer Chartis have announced the formation of the Risk Management Hall of Fame to honor those who have made significant contributions to advancing the risk management discipline. New members to the …

Jury in Virginia Hearing $20M Suit Against Botox Maker

A Fredericksburg man is suing the maker of the drug Botox for more than $20 million, claiming injections to relieve writer’s cramp in his right hand left him brain-damaged and totally disabled. A jury began hearing Douglas Ray Jr.’s lawsuit …

New York Neighbor Sues Chef over Eatery’s Trash

A neighbor says star chef and New York City restaurateur David Bouley’s trash is really bugging him. W. Robert Curtis says in a lawsuit that a Bouley eatery’s food storage and garbage are subjecting the building next door to insects, …

Judge Tosses Worker’s Suit over NYC Office Bedbugs

A former TV news staffer’s pioneering lawsuit over bedbug bites she received at her office has been thrown out by a judge who said workers can’t necessarily hold their employers’ landlords responsible for injuries on the job. Jane Clark’s lawyer …

Overcapacity in P/C Insurance Keeping Commercial Prices Down

Most commercial lines insurance prices continued their downward trend in the first quarter, as underwriters’ efforts to hold the line on premiums buckled under the pressure of a highly overcapitalized market. Three of the four lines of business tracked by …

Wyoming Lawyer Disappointed in Public Censure

The Wyoming Supreme Court has issued a formal public censure of a Rock Springs attorney. The Wyoming State Bar says Clark D. Stith was censured over his representation of a company that had been sued for damages. It says Stith …

Arab Political Shocks Demand Risk Rating Rethink

Attempting to predict the future, rather than imagining possible versions of it, may have blinded risk analysts to the likelihood of this year’s uprisings across the Middle East and North Africa. Concentrating on what precedent taught was probable, and trying …

South Carolina Nixed Insurance for Train Victims Over Liability Fear

Legal advisers shut down a South Carolina fund proposed by Spartanburg County leaders and Gov. Nikki Haley’s office that would have paid medical bills for dozens of people hurt by a children’s train ride crash, according to a newspaper report. …