Odd Ball
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NEW YORK
A public hearing June 13 will determine whether
eligible coverages on the export list will be revised/expanded.
The Excess Line Association of New York has proposed the
addition of several classes to the export list on behalf of its
members. Those wishing to testify at the hearing should contact
the Department’s Public Affairs Bureau: 212.480.5262.
www.ins.state.ny.us
OHIO
Department of Insurance attorney Robert Smith will
serve as special prosecutor for Fairfield County in an ongoing
Central Ohio theft and fraud investigation totaling at least
$2.5 million in illicit activity. www.ohioinsurance.gov
OKLAHOMA
Daycare centers are required as of Nov. 1 to carry a
minimum of $200,000 in liability insurance to compensate
families whose children are injured or killed as a result of
the daycare center’s fault. >> Oklahoma’s
state fund, CompSource Oklahoma--a non-profit insurer created
75 years ago by the state--now can sell workers compensations
policies outside Oklahoma in competition with private insurers.
CompSource does not pay taxes. www.oid.state.ok.us
OREGON
The Department of Consumer and Business Services is
accepting comments through May 28 on a proposed rule requiring
fingerprints of anyone applying for or renewing a license as an
insurance producer, insurance consultant, adjuster, life
settlement provider or life settlement broker. The Department
says the rules are needed for complete criminal and background
checks at the state and federal levels.
http://insurance.oregon.gov/
TENNESSEE
Compromises by legislators allow medical malpractice
bill to pass. It requires plantiffs’ attorneys to give
all medical providers who may be named in a malpractice suit at
least 60 days notice before the filing and mandates that
attorneys file a certificate of good faith that the claim has
merit within 90 days after filing the lawsuit. The certificate
of good faith must be based on an evaluation by an independent
medical expert, and plaintiffs and their attorneys can be
sanctioned for bad-faith filings. The governor is expected to
sign the bill into law as of press date.
www.state.tn.us/commerce
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