Monthly Archives: <span>July 2013</span>

Victims in Meningitis Outbreak Cleared to File Product Liability Suits

Victims in Tennessee of a deadly U.S. meningitis outbreak won the right to pursue a new avenue of litigation against healthcare facilities and doctors there, after a ruling by a U.S. bankruptcy judge this week. Tennessee was the second hardest-hit …

Could Halliburton’s Plea Help BP in Oil Spill LIability Battle?

P Plc appeared to gain an edge in the battle over liability for the 2010 Gulf of Mexico spill on Friday, after Halliburton abandoned one of its arguments that tried to paint the British oil company as unconcerned about well …

Sullivan to Join Texas Division of Workers’ Comp as Deputy Commissioner

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) announced that Kerry D. Sullivan will join the agency as Deputy Commissioner for Hearings, effective Sept. 3, 2013. Prior to joining the TDI-DWC, Sullivan spent most of his professional career …

U.S. Court Rejects Firm’s Challenge to Obamacare Contraception Mandate

A divided federal appeals court on Friday rejected a Pennsylvania cabinet maker’s religion-based challenge to the 2010 healthcare law’s requirement that larger companies provide workers with health insurance covering birth control. The decision created a split among federal appeals courts, …

Groups Attack Watchdog Effort to Raise Medical Malpractice Bar in California

Under a measure being pursued for next year’s ballot by Consumer Watchdog California voters will have the opportunity to boost the cap on medical negligence lawsuits, but opponents of the measure on Friday said doing so will add billions-of-dollars in …

Penn.-Based PMA Companies Appoints Chief Information Officer

PMA Companies, a Pennsylvania-based provider of commercial insurance risk management solutions and TPA claims and risk services, announced that David Chandler has joined the company as chief information officer and senior vice president. Chandler is responsible for leading the development …

Donegal Group Posts $2.6M Q2 Profit

Donegal Group Inc. of Marietta, Penn., today reported net income of $2.6 million for the second quarter of 2013, compared to $2.0 million net income for second quarter of 2012. The company said the profit increase is primarily attributable to …

New York Company Pays $50,000 for Post-Sandy Gasoline Gouging

New York state Attorney General Eric Schneiderman says a Hudson Valley-based gasoline wholesaler has agreed to pay $50,000 in penalties for price gouging in the aftermath of Superstorm Sandy last fall. Schneiderman announced Wednesday that CPD Energy Corp. of New …

Chubb Q2 Profit Jumps 43% to $579M; Renewal Rates Up in All Business Units

The Chubb Corp. reported its 2013 second quarter net income of $579 million, a 43.3 percent increase from $404 million net income posted a year ago. The company said it benefited from higher rates and stronger underlying underwriting performance, which …

RenaissanceRe Forms Specialty Reinsurance Agency for U.S. Market

RenaissanceRe Holdings Ltd. has formed RenaissanceRe Underwriting Managers U.S. LLC, a specialty reinsurance agency based in Connecticut, which will support the growth of new products and services in the United States specialty market. RenaissanceRe Underwriting Managers U.S., an indirect wholly-owned …