Pennsylvania’s medical malpractice costs keep dropping The amount of money paid by a state medical malpractice insurance fund will decline for a fourth straight year, a sign that the state’s malpractice problem is improving, Gov. Ed Rendell said. The Medical …
Catastrophic wildfires sweep across Southern California Industry estimates insured losses at more than $1.5 billion and rising Insured losses are continuing to accumulate from Southern California wildfires that burned in late October, with most insurance industry analysts estimating insured losses …
N.Y. department prevails in liquidation bureau audit New York state’s highest court has ruled that the state auditor does not have the authority to audit an obscure division of a state agency managing $3.3 billion. The New York Court of …
Mass. caps car insurance hikes at 10%; smaller insurers eye 2.5% cut The first moves toward competitive rating for auto insurance in Massachusetts indicate that rates for drivers insured by insurers with small market share could drop an average 2.5 …
N.H. judge questions medical screening panels’ effectiveness A two-year-old law in New Hampshire that was supposed to speed up the processing of medical malpractice lawsuits has slowed things down instead. The law created special screening panels designed to encourage people …
Mass. finalizes rules for managed competition in auto One week before she approved a final plan, Massachusetts Insurance Commissioner Nonnie Burnes told Insurance Journal that the public and industry should not expect big changes from the original proposal to implement …
Feds weigh $40 billion buyout of homes on Mississippi coast The federal government is considering buying out as many as 17,000 homes along the Mississippi coast and remaking the land into a vast hurricane-protection zone, raising anxieties that it could …
N.C.’s Rep. Watt leads debate in Congress against credit scoring The latest skirmish in the battle between politicians who want to eliminate insurance-based credit scoring and insurers that say they need it to do their job unfolded in a congressional …
Fla. medical malpractice market continues to improve A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate increases and lack of availability prior to the 2003 legislative …
La.’s $100M incentive program commences Louisiana began taking applications Oct. 2 for a $100 million incentive program designed to get insurers to write more property coverage in the state. The goal of the program is to make private insurance more …
