The House Energy and Commerce Committee has reported to the full House legislation that would cap non-economic damages in malpractice cases at $250,000 and set other restrictions on lawsuits against doctors.
Opponents of the healthcare-reform law are expending huge amounts of rhetorical energy bad-mouthing the legislation, and various means of repealing it are pushing forward—even as the rolling-out of the bill continues apace.
One of the realities of operating in a global economy is the rising number of todays products liability claims relating to defective products that were manufactured overseas.
While the types of captives formed and the coverages may vary, one point regulators agree on is that business is up and more captives are in the pipeline for 2011.
Last week Allstate filed a multi-million dollar lawsuit against Toyota Motor Corp. to recover what it has paid for accident claims involving recalled vehicles. Will other carriers follow this insurer's lead?
The health insurance industry has notified federal officials it will comply with a health care reform law provision requiring them to cover children with pre-existing medical conditions within six months.
The Independent Insurance Agents & Brokers of America has given Rep. Mike Ross, D-Ark., the organization's Gerald Solomon-IIABA Legislator of the Year award.
The Independent Insurance Agents & Brokers of America said U.S. Rep. Bruce Braley, D-Iowa, will address the organization's annual Young Agents & InsurPac State Chairpersons Legislative Luncheon.