Yearly Archives: <span>2011</span>

Insurance License Fees Tied to Credit Cards Rejected in Louisiana

Lawmakers rejected plans for the Louisiana Department of Insurance to allow credit card payments for licenses, because they objected to the sliding scale of fees tacked onto card payments. The department had proposed the use of credit and debit cards …

Judge Defends Spill Decision That Upset Louisiana AG

A federal judge said Jan. 28 that he wasn’t trying to deprive states of their rights when he appointed Alabama’s newly elected attorney general to coordinate all states’ interests in the litigation spawned by the Gulf oil spill. “No such …

Texas Jury Orders J&J to Pay $482M in Patent Lawsuit

A federal jury in Texas on Jan. 28 ordered Johnson & Johnson and a subsidiary to pay $482 million in damages to an inventor who claimed the health care giant infringed on his patent for a cardiac stent. Jurors hearing …

Missouri Insurance Department Returns $10M to Consumers

Enforcement by the Missouri Department of Insurance resulted in consumers receiving $10.5 million from their insurance companies in 2010, the DOI reported. The money was returned through the department’s mediation efforts on behalf of consumers who had filed complaints, as …

CNA Adds Enhancement to Printing, Graphic Imaging Program

CNA has added an enhancement to its current coverages for printers and publishers. The insurer has broadened the scope of coverage available in its Printing and Graphic Imaging (PGI) program with the addition of the Correction of Work endorsement. Offered …

Wyoming Roads Deadliest in U.S. in 2009

A national survey says Wyoming led the nation with the highest number of traffic deaths per capita in 2009. The study conducted by the National Highway Traffic Safety Administration says Wyoming had 24.6 deaths per 100,000 residents in 2009 based …

Ogden City Council OKs Rules for Dangerous Dogs

The Ogden, Utah, City Council has passed an ordinance requiring owners to carry $50,000 in liability insurance if their dogs are determined to be dangerous. The Salt Lake Tribune reports that the law was approved 5-2, despite criticism from pet …

Liberty Northwest Develops Safety Program for Montana Employers

Liberty Northwest, a Liberty Mutual Agency Corp. regional company, has announced an overall retro rating adjustment of nearly 28 percent in workers’ compensation insurance premium adjustments and premium surcharge savings totaling nearly $280 thousand for members who participated in its …

Kansas Insurance Commissioner Names Birdsall Chief Actuary

Kansas Insurance Commissioner Sandy Praeger appointed Mark Birdsall, a veteran life insurance actuary, as the chief actuary for the Kansas Insurance Department (KID). Birdsall, a former Utah resident, has 31 years’ experience as an actuary. His experience includes product development, …

Texas Windstorm Insurance Assoc. to Begin Paying Commissions Monthly

The Texas Windstorm Insurance Association, the property insurer of last resort along the Texas Gulf Coast, reports that in the second quarter of 2011 it will begin paying agents’ commissions monthly. TWIA will require agents to submit payments for gross …