MISSOURI'S 10-YEAR TIME LIMIT APPLIED TO ERISA
CLAIMS.
Missouri's unusually long 10-year statute of limitations
applies to claims filed under the Employee Retirement Income Security
Act against a self-funded employee benefits plan, the Eight U.S. . . .
MINNESOTA MAN'S DEATH WHILE DRUNK DEFINED AS
ACCIDENTAL.
The death of a Minnesota man who crashed his motorcycle while drunk
fits the definition of an "accident" and not an
"intentionally self-inflicted injury" under his
employer's insurance policy, the . . .
LOUISIANA LAWSUIT NOT TOLLED BY CLAIM UNDER FTCA.
Louisiana's statute of limitations for a lawsuit against a
contractor for the Army Corps of Engineers wasn't extended when the
plaintiff filed an administrative claim under the Federal Tort . . .
AETNA 4th QUARTER PROFIT MORE THAN DOUBLES, INCOME UP TO
$250M.
Aetna reported last week its fourth-quarter profit had more than
doubled and its net income has risen to $249.5 million.
The figures showed the giant health insurer had successfully kept
medical . . .
AIG'S 2003 NET INCOME INCREASES 68 PERCENT, TO $9.27
BILLION.
The American International Group reported Feb. 11 its net income in
2003 rose to $9.27 billion, an increase of 68 percent over its net
income for 2002.
For the fourth quarter, the insurer . . .
CBS NEWS STORY ON CALIBER COLLISION CALLED UNFAIR BY PCI'S
PARKS.
A CBS Evening News story Feb. 11 investigating one customer's
allegation his car was not repaired properly by an auto-body shop owned
by a consortium of insurance companies has raised the ire of . . .
NADER TELLS BUSH TO BACK UP HIS CHARGE OF FRIVOLOUS
LAWSUITS.
Consumer advocate Ralph Nader attacked President Bush Feb. 12 for
misleading Americans in his State of the Union speech and other speeches
about the need for medical liability reform because . . .
DELAY THREATENS TO ADD MTBE LIABILITY PROVISION TO HIGHWAY
BILL.
House Majority Leader Tom DeLay (R-TX) threatened Feb. 10 to attach
its House-passed energy bill to the House-passed highway reauthorization
bill, even though the Senate failed to pass the energy . . .
FRIST NAMES PENSION CONFEREES, AGREES DEMOCRATS WILL
PARTICIPATE.
Senate Majority Leader Bill Frist (D-TN) Feb. 12 named Sens.
Charles E. Grassley (R-IA), Judd Gregg (R-NH), Mitch McConnell (R-KY),
Max Baucus (D-MT) and Edward Kennedy (D-MA) as conferees on H.R. . . .
DURBIN WANTS INDEPENDENT PROBE OF JUDICIARY LEAKS.
Sen. Richard J. Durbin (D-IL) called Feb. 12 for an independent
investigator to be appointed to look into whether laws were violated
when confidential documents written by Senate Judiciary . . .
WARNER HEADS BIPARTISAN PUSH FOR NATIONAL SEATBELT
LEGISLATION.
Sen. John Warner (R-VA) took the lead Feb. 9 in pushing a
bipartisan bill, S. 1993, to provide a highway safety improvement
program that includes incentives to states to enact primary safety . . .
SENATE LEADERSHIP SETS VOTE ON MEDMAL, READIES CLASS ACTION
BILL.
The Senate Republican leadership has set debate to begin Feb. 23 on
a limited medical malpractice bill that would cap non-economic and
punitive damages only for providers of obstetrical and . . .
WATCH ON THE MEDIA.
The Associated Press reported Feb. 4 that Sen. John Kerry (D-MA)
intervened in the Senate "to keep open a loophole that had allowed
a major insurer to divert millions of federal dollars from . . .
VIRGINIA DOCTORS MARCH TO SUPPORT MEDICAL MALPRACTICE
BILLS.
About 2,500 doctors marched on the Virginia Capitol Feb. 4 to show
their support of two medical malpractice bills, SB 601, which would cap
non-economic awards at $250,000, and SB 601, which would . . .
SOUTH DAKOTA KILLS MANDATORY AUTO LIABILITY INSURANCE
BILL.
By a vote of 7 to 4, South Dakota's House Transportation
Committee Feb. 2 killed a bill insurers said would increase auto
premiums in the state by 20 percent.
The bill, H.B. 1121, would have . . .
NORTH CAROLINA EDUCATOR'S SUIT OVER SCHOOL DISCIPLINE IS
REVIVED.
The Fourth U.S. Circuit Court of Appeals has revived a lawsuit by a
North Carolina assistant principal who claimed she was demoted by her
school superintendent because she spoke out against what . . .
NEW YORK JURY TRIAL OPENS ON INSURANCE CLAIMS FOR TWIN
TOWERS.
Jury selection started Feb. 4 for the first phase of the trial in
U.S. District Court in Manhattan over how much insurers will have to pay
New York developer Larry Silverstein for damage incurred . . .
NEW JERSEY ISSUES 2003 AUTO INSURANCE COMPLAINT RATIOS.
The New Jersey Department of Banking and Insurance issued its first
Auto Company Performance Report for Consumers Feb. 4, ranking auto
insurance companies by valid complaint ratios.
Banking and . . .
ILLINOIS ERISA CASE TO BE HEARD IN FEDERAL COURT.
Reversing a lower court and joining other federal courts in ruling
on the issue, the Seventh U.S. Circuit Court of Appeals has held an
insurer didn't waive its right to remove a lawsuit to federal . . .
WILLIAM S. COHEN NAMED TO AIG BOARD OF DIRECTORS.
Former Sen. and Secretary of Defense William S. Cohen has been
named to the board of directors of American International Group.
Cohen, 63, served from 1997 to 2001 as secretary of sefense and . . .
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