awards News

California to Increase Awards in Medical Malpractice Cases

SACRAMENTO, Calif. (AP) — People who get hurt because of a doctor’s negligence in California could soon get a lot more money in malpractice lawsuits under an agreement reached Wednesday that — if approved by the state Legislature — would …

Ohio High Court Weighs Caps on Damages in Child Rape Cases

COLUMBUS, Ohio (AP) — An Ohio woman repeatedly raped as a child suffered injuries so severe that she’s owed millions in compensation despite a state cap on pain-and-suffering awards, an attorney told the state Supreme Court Wednesday. At issue before …

Swiss Re: Litigation Funders Driving Social Inflation, ‘Outsize’ Verdicts

Swiss Re said in a report released Thursday that litigation funding has become a $17 billion industry globally, with 52% of that money being spent in the United States. The reinsurer said third-party litigation funding (TPLF) is increasing the number …

Broker’s Insurance Group Announces 2013 Biggie Award Winners

Rancho Cucamonga, CA, 05/13/13 – The Brokers Insurance Group announced this year’s winners of the 2013 Biggie Awards. With over 13,000 votes tallied over 10 unique categories, this year’s awards ceremony was the most unprecedented display of industry participation for …

2012 a Year of Firsts for PLRB/LIRB

The Property Loss Research Bureau and Liability Insurance Research Bureau year end review revealed some highlights of 2012. Among them: An awards program recognizing outstanding claims professionals in the claims industry was introduced. New webinar series offered. The first-ever cancellation …

Broker’s Insurance Group Announces “Biggie Awards”

Orange, CA, 03/01/12 – The Broker’s Insurance Group (B.I.G) announced the BIGGIE award winners at its inaugural gala on February 23. Over 200 professionals from carriers, suppliers, and agencies came together to enjoy a spectacular evening and celebrate the achievements …

Third of Illinois Workers’ Comp Awards in 12 Facilities

Workers filing on-the-job injury claims at just a dozen state institutions clustered in southern Illinois collected nearly one-third of the total $127 million awarded in recent years for permanent impairment under Illinois’ troubled workers’ compensation system, the Associated Press has …

RIMS Presents Awards at Annual Conference

Industry awards were presented at the The Risk and Insurance Management Society (RIMS) 2011 Annual Conference & Exhibition Award Luncheon in Vancouver. The Harry and Dorothy Goodell Award was presented to Glen Frederick, director of risk management client services for …