INSURERS FILE $300 BILLION SUIT AGAINST TERRORIST GROUPS,
NATIONS.
Five giant insurance groups filed a lawsuit Sept. 10 against
individual terrorists, terrorist organizations and five Middle Eastern
nations on the State Department list of nations supporting . . .
9/11 SUITS TO PROCEED AGAINST AIRLINES, BOEING & PORT
AUTHORITY.
A federal judge ruled Sept. 9 lawsuits filed by victims of the
Sept. 11 terrorist attacks can proceed against United and American
Airlines, Boeing, the Port Authority of New York and New Jersey, . . .
TEXANS VOTING ON WHETHER TO PROTECT DAMAGES CAP.
Texans go to the polls Sept. 13 to vote on a proposed
constitutional amendment intended to allow the Legislature to cap
noneconomic damages.
Legislators already have voted to cap noneconomic . . .
MASSACHUSETTS MANDATES CUT IN WORKERS' COMP RATES.
Massachusetts Insurance Commissioner Julianne Bowler has issued a
decision calling for an overall average decrease of 4 percent in
workers' compensation rates, representing a saving of $35 . . .
COLORADO HEALTH INSURERS RAISE PRICES AFTER NO-FAULT
REFORM.
Colorado health insurers have begun to raise their premiums in the
wake of the Legislature's action abolishing no-fault auto
insurance, saying employer-paid plans will wind up paying medical . . .
FLOOD OF MOLD BILLS SLOWS TO A TRICKLE, ALLIANCE REPORTS.
This year's initial flood of legislation aimed at dealing with
household mold problems has slowed to a trickle, the Alliance of
American Insurers reports.
"Compared with 2002, when only a handful . . .
SUPREME COURT ASKED TO WEIGH NET WORTH, PUNITIVE DAMAGES.
Nursing homes and insurers are asking the Supreme Court to extend
its limits on punitive damages to consideration of a defendant's
net worth.
The case, Advocat, Inc. and Diversicare Leasing, et . . .
NAIC CREDIT-BASED SCORING STUDY ANGERS INSURERS.
The Credit Scoring Working Group of the National Association of
Insurance Commissioners is expected to have a heated debate Sept. 15
when it takes up a proposed study to determine if the use of . . .
ATLA CLAIMS GAO MALPRACTICE REPORT SHOWS AMA MISLED
PUBLIC.
The Association of Trial Lawyers of America last week hailed the
release of the General Accounting Office report on medical malpractice
insurance as showing the American Medical Association, the . . .
MEDICARE PRESCRIPTION DRUG COMPROMISE PROVING ELUSIVE.
Senate Finance Committee Chairman Charles Grassley (R-IA) and House
Ways and Means Committee Chairman Bill Thomas (R-CA) are finding it
difficult to agree on the parameters of a compromise . . .
ESTRADA NOMINATION WITHDRAWN.
After seven unsuccessful attempts to garner more than 55 of the 60
votes needed to bring his nomination up for a vote on the Senate floor,
Miguel A. Estrada persuaded President Bush Sept. 4 to . . .
GAO & PBGC WARN CONGRESS ON PENSION LIABILITIES.
Comptroller General David M. Walker and Steven A. Kandarian,
director of the Pension Benefit Guaranty Corporation, warned a House
committee Sept. 4 the nation's corporate pension plan . . .
CLASS ACTION BILL GOES TO SENATE FLOOR THIS WEEK.
Senate Majority Leader Bill Frist (R-TN) plans to bring a bill to
the floor this week making it easier to move class action lawsuits from
state to federal courts.
A vote to close debate on the . . .
WISCONSIN EMPLOYEE PREVAILS IN ADEA CASE.
A jury may conclude an employee was terminated because of her age
even though the trial judge conceded the evidence was "thin,"
the Seventh U.S. Circuit Court of Appeals ruled Aug. 18.
And . . .
WASHINGTON STATE BREAST-IMPLANT RULING IS REVERSED.
The Ninth U.S. Circuit Court of Appeals has reversed a ruling
against a plaintiff in a breast-implant case, holding the district judge
erred in deciding to give the jury instructions based on the . . .
MONTANA: W.R. GRACE FACES $54 MILLION IN SUPERFUND
LIABILITY.
U.S. District Judge Donald Molloy of Montana has ordered W.R. Grace
& Co. to pay more than $54.5 million to reimburse the federal
government for the cost of investigating and cleanup at a . . .
MINNESOTA: $25 MILLION SETTLEMENT REACHED IN WELLSTONE
CRASH.
The families of the late Sen. Paul Wellstone (D-MN) and five other
passengers have reached a $25 million settlement with insurers for the
company operating the plane that crashed and killed them . . .
CALIFORNIA: SETTLEMENT REACHED WITH GUN DEALERS.
San Francisco City Attorney Dennis Herrera said last week a
groundbreaking settlement has been reached in a lawsuit brought by the
city and 11 other California jurisdictions against several gun . . .
CALIFORNIA JUDGE RULES AGAINST GARAMENDI IN CLUE CASE.
A California Superior Court Judge in Sacramento ruled Aug. 25
California Insurance Commissioner John Garamendi had exceeded his
authority on July 21 when he issued emergency regulation to . . .
RAA ISSUES REPORT ON 2002 ALIEN REINSURANCE IN UNITED
STATES.
The Reinsurance Association of America filed a report Aug. 27 with
the National Association of Insurance Commissioners ranking alien
reinsurers' participation in the United States reinsurance . . .
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