Yearly Archives: <span>2011</span>

Critics Blast Bill to Reduce Wisconsin Auto Insurance

A Republican plan to scale back mandatory car insurance levels would make driving in Wisconsin riskier and leave injured motorists holding the bag, the proposal’s critics said. The GOP has introduced a bill that would essentially repeal provisions in the …

Dead Woman’s Kin to Sue New York City over Blizzard Response

A woman who says her mother could still be alive if it weren’t for New York’s poor response to a Christmas weekend blizzard plans to sue the city. A lawyer for Laura Freeman filed a notice of claim against the …

Securities Lawsuits Set New Record Despite Slowdown in Credit Crisis

The number of securities lawsuits filed in 2010 edged above the record number of suits filed in 2009, despite an easing of litigation related to the credit crisis. The number of new suits related to the recent credit crisis fell …

Florida Officials Press for Improved BP Claims Administration

Florida’s attorney general said this week that she wants more responsiveness from the administrator handling a $20 billion Gulf oil spill claims fund. Republican Pam Bondi told journalists at The Associated Press’ annual legislative meeting that eliminating delays in responses …

Swift Promoted to VP at Acadia

Maine-based Acadia Insurance has promoted Dan Swift to vice president and general counsel. Swift most recently, he has served as assistant vice president and assistant general counsel and has been handling a variety of legal matters across all functional departments …

Cyber Guerillas Present Security Risk with Unpredictable Attacks

If anyone needed proof that cyber activists can create havoc in the real world, the last few weeks have provided evidence in megabytes. Rallying behind WikiLeaks, the thousands of internet activists who made headlines in December by bringing down the …

United Approved in Massachusetts

United Property & Casualty Insurance has been approved to begin writing homeowners and other P/C coverage in Massachusetts. The company is a subsidiary of Florida-based United Insurance Holdings Corp. It is the third state in which the company can now …

Korean Navy Rescues Hijacked Crew; Kills 8 Pirates

The latest news reports have covered the successful rescue of all of the 21 crew members of the South Korean-owned Samho Jewelry by Korean navy commandos. The reports indicate that 8 of the Somali-based pirates, who took over the ship …

Capgemini/Efma Report Urges ‘Re-focusing,’ ‘Operational Efficiencies’

In their recently released 2011 World Insurance Report Capgemini and Efma explore how insurers can “dissect their business to identify opportunities that will make fundamental and lasting improvements to their core operations, with a focus on enhancements to claims transformation. …

New Climate Data from WMO Shows World is Warming

Last year tied for the hottest year on record, confirming a long-term warming trend, the World Meteorological Organization (WMO) said on Thursday, and future warming depended on action to cut greenhouse gas emissions. The first ten years of the millennium …