Yearly Archives: <span>2022</span>

Costlier Errors: Legal Malpractice Claims Severity Keeps Rising

Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years – and at least one paid a claim …

Texas Division of Workers’ Comp Accepting Public Comment on 3 Forms

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced it is accepting public comments on three proposed new forms: DWC Form-003, Employer’s Wage Statement. This form is necessary to allow employers a way to provide wage information to …

People Moves: Holmes Murphy Adds Boberg in Minneapolis; Hershey Promotes Sinutko to VP of Commercial Lines

Holmes Murphy Adds Tim Boberg as Property Casualty Market Leader of Minneapolis Team Holmes Murphy named Tim Boberg as the Property Casualty market leader of the company’s growing Minneapolis team. Boberg joins Holmes Murphy with nearly 20 years of industry …

Minnesota College Student Awarded $111M in Personal Injury Case

A federal jury in Minnesota has awarded a college student more than $111 million in damages after concluding negligent care of his injured leg following surgery led to a permanent disability. The jury verdict this week, which could be one …

Rare Northern Michigan Tornado Kills 2, Injures More than 40

Roofs and walls on a busy business stretch were turned to tangled rubble. Mobile homes were destroyed. Tornadoes are so uncommon in northern Michigan that Gaylord doesn’t have a siren system to warn people about hazardous weather. The town of …

Hearing Scheduled on Damages Owed by Mississippi Ex-Cop Who Killed Mother of Four

A former Mississippi police officer who shot and killed a sleeping woman should pay her four children a quarter-million dollars each for pain and suffering and a total of more than $300,000 to cover therapy, their aunt said in a …

Insurer Aspen Completes $3.12B Loss Portfolio Transfer With Run-Off Specialist Enstar

Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, has completed a previously announced loss portfolio transfer agreement (LPT) with Aspen Insurance Holdings Ltd. and its subsidiaries for their 2019 and prior business. Enstar will assume net loss reserves of $3.12 …

Grand Jury Indicts Former Georgia Insurance Commissioner Oxendine on Fraud Charges

A former Georgia insurance commissioner has been indicted on federal charges related to an alleged health care scheme. A federal grand jury last Tuesday indicted John Oxendine on charges of conspiracy to commit health care fraud and conspiracy to commit …

Average Age of US Cars Hits Record 12.2 Years in Fifth Straight Annual Increase

Cars on US roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is now 12.2 years on average, up almost two months …

New Mexico Wildfire Evacuees Worry About Their Future

As more than 2,700 firefighters in northern New Mexico continued to battle the nation’s largest active wildfire on Sunday, many evacuees were growing concerned about their future after weeks away from home The biggest fire in the state’s recorded history …