NAIC, NCOIL, NCSL JOIN TO FIGHT FOR STATE INSURANCE
REGULATION.
The National Association of Insurance Commissioners, the National
Conference of Insurance Legislators and the National Conference of State
Legislatures have signed a resolution agreeing to join . . .
IRAN ORDERED TO PAY $300M IN PUNITIVES FOR JERUSALEM
BOMBING.
A federal judge ordered the Iranian government Sept. 17 to pay
$123.5 million in compensatory damages and $300 million in punitive
damages to eight Americans for injuries suffered in the triple . . .
JEFFORDS TO SUPPORT PICKERING.
Sen. James Jeffords (I-VT) gave a boost Sept. 17 to the stalled
nomination of U.S. District Judge Charles W. Pickering Jr. to the Fifth
Circuit Court of Appeals. President Bush renominated . . .
REPUBLICANS SCALING BACK MEDICARE PRESCRIPTION DRUG BILL.
President Bush's unsuccessful effort to get other nations to
help with Iraq's reconstruction and postwar security costs is
forcing congressional Republicans to rethink their decision to set . . .
NADER BLAMES TEXAS TRIAL LAWYERS FOR LOSING VOTE ON CAPS.
Consumer advocate Ralph Nader blames the Texas Trial Lawyers
Association for losing the battle against incorporating caps on damages
in the state constitution, saying the organization ignored his . . .
VIRGINIA WOMAN PREVAILS IN OPERATING-ROOM HARASSMENT
CASE.
A Norfolk, VA, jury has awarded $4 million to a hospital nursing
supervisor who alleged she was pressured to resign after she reported
"sexually charged" behavior in an operating room by a . . .
TEXAS VOTERS APPROVE CONSTITUTIONAL AMENDMENT ALLOWING
CAPS.
Texas voters approved a constitutional amendment Sept. 13 allowing
limits on awards in medical malpractice and other civil suits.
The vote on the amendment, Proposition 12, was close, 51 percent . . .
OREGON DIABETIC'S ADA LAWSUIT IS REINSTATED.
The Ninth U.S. Circuit Court of Appeals has reinstated a lawsuit
filed under the Americans with Disabilities Act by a diabetic bank
employee who claimed she was fired in retaliation for complaining . . .
MINNESOTA COURT REQUIRES REPORTER DISCLOSURE IN
DEFAMATION.
A former high school football coach suing a school district for
defamation has the right to force a newspaper reporter to disclose the
source of disparaging quotes about him, the Minnesota Supreme . . .
MASSACHUSETTS ARCHDIOCESE TO $85 MILLION IN ABUSE CASES.
Archbishop Sean P. O'Malley agreed Sept. 9 to a $85 million
settlement of lawsuits against the Roman Catholic Archdiocese of Boston
by 552 alleged victims of sexual abuse by priests.
The . . .
KANSAS FOUND NEGLIGENT IN INMATE STABBING.
A jury in Leavenworth County, KS, has found the state negligent in
the fatal stabbing of one inmate by another and awarded the murdered
man's 8-year-old son $1.4 million.
Plaintiff's lawyer Jim . . .
FLORIDA: DECISION TO ALLOW PHYSICIANS' CLASS ACTION
REVIEWED.
U.S. District Judge Federico A. Moreno of Miami abused his
discretion in certifying a national class action of over 700,000
physicians on claims the insurers conspired to deny, wrongfully reduce
or . . .
TREASURY ISSUES RULES ON TAXATION OF SPLIT-DOLLAR LIFE
INSURANCE.
The Treasury Department issued final rules Sept. 11 limiting the
benefits of split-dollar life-insurance policies paid by companies for
their top executives.
Under the new rules, executives who . . .
HOUSE VOTES TO STOP TREASURY FROM ISSUING PENSION
REGULATIONS.
By a vote of 258 to 160, the House Sept. 9 approved an amendment to
an appropriations bill aimed at preventing the Treasury Department from
issuing proposed cash-balance pension regulations.
The . . .
AIG AGREES TO PAY $10 MILLION TO SETTLE SEC CHARGES OF
FRAUD.
American International Group Inc. agreed Sept. 11 to pay $10
million to settle charges of fraud brought by the Securities and
Exchange Commission for allegedly selling a bogus insurance policy to . . .
FRIST DOUBTS ASBESTOS DEAL CAN BE REACHED IN TIME.
Senate Majority Leader Bill Frist (R-TN) told reporters Sept. 11 he
doubts agreement can be reached on an asbestos trust fund before the end
of the congressional session.
"I'm not sure it can be . . .
SENATE MAJORITY LEADER PUTS CLASS ACTION BILL ON HOLD.
Senate Majority Leader Bill Frist decided last week not to press
for a vote to close debate on the Class Action Fairness Act when the
Senate finished the appropriations bill for the Departments . . .
HOUSE PASSES FAIR & ACCURATE CREDIT ACT BY VOTE OF
392-30.
By a vote of 392 to 30, the House Sept. 9 approved the proposed
Fair and Accurate Credit Transactions Act which would give consumers new
safeguards against identity theft and access to free credit . . .
IRAN HELD LIABLE FOR $123 MILLION IN 1983 U.S. EMBASSY
BOMBING.
U.S. District Judge John Bates of Washington, DC, ruled Sept. 8
that Iran was responsible for the 1983 bombing of the U.S. Embassy in
Beirut and awarded a total of $123 million in damages to 29 . . .
CALIFORNIA PASSES WORKERS' COMP, HEALTH INSURANCE
BILLS.
The California 2003 legislative session ended Sept. 12 with passage
of a sweeping overhaul of the state's workers compensation system
and a bill requiring businesses with 50 or more employees to . . .
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