I was not aware that the A.G. of any state can dictate to insurance companies how to make rate and what class they MUST write.I was always under the belief that the company could decide whether or not to write a class od business.
I’m glad that Mr. Spitzer has educated us all so that we will geet his concent before we write a class or decide it is not profitable and stop writing it.
Wouldn’t it be great if all the insurance companies got together and had Gov. Patacki investigate Mr Spitzer for violating the authority of his office. Much of what he is doing including trying to file civil suits against carriers may just violate his oath of office which would be ground for firing his sorry but.
I also agree! Maybe we should get rid of all attorneys (no need for coverage then) and have people with common sense run the country or hold office! Too much to expect I guess.
This has gone far enough. Mr. Spitzer is simply promoting an agenda to obtain the a better public office. The insurance industry has been singled out a pariah, due to our total lack of positive public appeal. Definitely our problem. I feel that the industry the carriers must repel these attacks with simple logic. Lawyers professional liability is written to be profitable. Our industry is not a social services agency. We do have shareholders to answer to.
Spitzer’s initial diamond in the rough (Marsh) wasn’t enough for him. He became like a rabid dog seeing evil behind every tree. Probably just like a rabid dog his hunt for the holy grail will end. Then it will be his turn as the giants start to pick at his scabs.
Elliott Spitzer is an attorney, and his patronage base are the plaintiff attorneys in Manhattan and around the country. He picked up the MSA/PSA/Contingency issue from the California Trial bar as it had been simmering on a back burner out there for several years. He went fishing and came up with bid-rigging, he lucked out. Of course he will subpoena any group who he feels is hindereing the ability of plaintiff attorneys to make a living by re-allocating assets from insurers and policyholders to lawyers.
IT IS GREAT TO SEE THE LAWYERS HAVE TO WALLOW IN SOME OF THE MISERY THEY HAVE CAUSED IN OTHER CLASSESS OF BUSINESS. GLAD TO SEE THEM SUEING EACH OTHER.PARASITES FEEDING OFF PARASITES. THINK MAYBE THE MEDICAL PROFESSION CAN FIND A CURE? ” PROBABLY NOT “
SPitzer is grandstanding for his run for governor. Must not be enough mileage damning alcoholics and murderers. The press does no homework just repeats his allegations to sell papers.
As a defense attorney who specializes in defense insurance cases, I had wearily looked forward to faxing my attorney’s E&O renewal app to my agent when I read the article on the NY AG. In a word: inspiring!
To think, folks, that the Forces of Good are operating for my benefit in a cruel world initially warmed the cockles of me heart. But, on reflection, it is more likely that it’s just another swipe at a large target to burnish a candidate’s image and fuel his campaign, to wit: rank ambition.
Forces of Good? If indeed Forces of Good ar at work, why aren’t they helping with my E&O? Why aren’t those Forces of Good heling in the General Contractor market? What places those being helped by the Forces of Good above the other groups.
Those same groups that have seen their E&O premiums on the rise due to the cost of defense brought about by the ones in the article being helped by the Forces of Good. Hm?
Why is everyone from the electrician to the painter sued when the carpenters on a large project preformed do sub-par work? People need to defend themselves against areas of work that they did not preform.
Interesting to see that the carrion birds are now feasting upon their own.
To Jjsjag:
I was being sarcastic when I referred to the “Forces of Good.” My comments were otherwise perfectly clear that in my opinion the AG is using his office to reach the Governor’s mansion.
To all: But I’m glad I had this opportunity to write as I want all to know that the front page of today’s NY Law Journal reports that a Court of Claims judge has faulted the State (read the AG’s law department) in two cases and ruled for the plaintiffs in both. In one case, the judge precluded the State from offering expert testimony on a highway defect case; the other, it was alleged the AAG tried to ambush the other side by backing out of the clear meaning of a written stipulation about prior repairs to a traffic control device that had twisted and misled the claimant to make a turn (into disaster). Moreover, due to the judge’s finding that the state’s AAG failed to comply with scheduling orders in an unrelated case, Judge Judith A. Hard socked the state of NY(read:THE TAXPAYERS)for $42.4M as reported in the NYLaw Journal on 12/2/04.
Now how does it look: policing Wall Street and insurers while his office is apparently running afoul of litigation rules and orders and ignoring the type of bread and butter cases his predecessors scrupulously defended? Something is amiss.
Finally, I have no idea what Jjsjag was referring to as feeding on carrion and I probably don’t want to know…..
Words of advice to law firms that cannot buy insurance on the marketplace: start a captive.
Guess he won’t get getting any PAC monies from insurance companies. Maybe he shold looking to paper manufacturers
#1) tort reform
#2) emasculate the D.A.’s office
I was not aware that the A.G. of any state can dictate to insurance companies how to make rate and what class they MUST write.I was always under the belief that the company could decide whether or not to write a class od business.
I’m glad that Mr. Spitzer has educated us all so that we will geet his concent before we write a class or decide it is not profitable and stop writing it.
Wouldn’t it be great if all the insurance companies got together and had Gov. Patacki investigate Mr Spitzer for violating the authority of his office. Much of what he is doing including trying to file civil suits against carriers may just violate his oath of office which would be ground for firing his sorry but.
Just call me tired of all his BS.
I totally agree. Since when can the state dictate to a carrier what sort of coverage they can/should write?
Maybe the attorneys need to seek self-insurance? If they assumed the risk, maybe they would be more careful with how they conduct themselves?
I also agree! Maybe we should get rid of all attorneys (no need for coverage then) and have people with common sense run the country or hold office! Too much to expect I guess.
This has gone far enough. Mr. Spitzer is simply promoting an agenda to obtain the a better public office. The insurance industry has been singled out a pariah, due to our total lack of positive public appeal. Definitely our problem. I feel that the industry the carriers must repel these attacks with simple logic. Lawyers professional liability is written to be profitable. Our industry is not a social services agency. We do have shareholders to answer to.
Spitzer’s initial diamond in the rough (Marsh) wasn’t enough for him. He became like a rabid dog seeing evil behind every tree. Probably just like a rabid dog his hunt for the holy grail will end. Then it will be his turn as the giants start to pick at his scabs.
Elliott Spitzer is an attorney, and his patronage base are the plaintiff attorneys in Manhattan and around the country. He picked up the MSA/PSA/Contingency issue from the California Trial bar as it had been simmering on a back burner out there for several years. He went fishing and came up with bid-rigging, he lucked out. Of course he will subpoena any group who he feels is hindereing the ability of plaintiff attorneys to make a living by re-allocating assets from insurers and policyholders to lawyers.
IT IS GREAT TO SEE THE LAWYERS HAVE TO WALLOW IN SOME OF THE MISERY THEY HAVE CAUSED IN OTHER CLASSESS OF BUSINESS. GLAD TO SEE THEM SUEING EACH OTHER.PARASITES FEEDING OFF PARASITES. THINK MAYBE THE MEDICAL PROFESSION CAN FIND A CURE? ” PROBABLY NOT “
SPitzer is grandstanding for his run for governor. Must not be enough mileage damning alcoholics and murderers. The press does no homework just repeats his allegations to sell papers.
As a defense attorney who specializes in defense insurance cases, I had wearily looked forward to faxing my attorney’s E&O renewal app to my agent when I read the article on the NY AG. In a word: inspiring!
To think, folks, that the Forces of Good are operating for my benefit in a cruel world initially warmed the cockles of me heart. But, on reflection, it is more likely that it’s just another swipe at a large target to burnish a candidate’s image and fuel his campaign, to wit: rank ambition.
Forces of Good? If indeed Forces of Good ar at work, why aren’t they helping with my E&O? Why aren’t those Forces of Good heling in the General Contractor market? What places those being helped by the Forces of Good above the other groups.
Those same groups that have seen their E&O premiums on the rise due to the cost of defense brought about by the ones in the article being helped by the Forces of Good. Hm?
Why is everyone from the electrician to the painter sued when the carpenters on a large project preformed do sub-par work? People need to defend themselves against areas of work that they did not preform.
Interesting to see that the carrion birds are now feasting upon their own.
To Jjsjag:
I was being sarcastic when I referred to the “Forces of Good.” My comments were otherwise perfectly clear that in my opinion the AG is using his office to reach the Governor’s mansion.
To all: But I’m glad I had this opportunity to write as I want all to know that the front page of today’s NY Law Journal reports that a Court of Claims judge has faulted the State (read the AG’s law department) in two cases and ruled for the plaintiffs in both. In one case, the judge precluded the State from offering expert testimony on a highway defect case; the other, it was alleged the AAG tried to ambush the other side by backing out of the clear meaning of a written stipulation about prior repairs to a traffic control device that had twisted and misled the claimant to make a turn (into disaster). Moreover, due to the judge’s finding that the state’s AAG failed to comply with scheduling orders in an unrelated case, Judge Judith A. Hard socked the state of NY(read:THE TAXPAYERS)for $42.4M as reported in the NYLaw Journal on 12/2/04.
Now how does it look: policing Wall Street and insurers while his office is apparently running afoul of litigation rules and orders and ignoring the type of bread and butter cases his predecessors scrupulously defended? Something is amiss.
Finally, I have no idea what Jjsjag was referring to as feeding on carrion and I probably don’t want to know…..
Sorry I missed the tone of your post as sarcasm.
I use sarcasm a lot on different forums and wonder about those that don’t “get” my sarcastic statement. Missing the tone……now I am one of them. :)
Interesting to read what is going on in NY and how you tell of the AG running afoul of litigation rules and orders.