National News for May 2011
- ISO Adds General Liability Classifications for Alternative Energy, Nanotechnology
- Medicus Insurance Expands Coverage to Calif., Ky., Ore.
- Best Affirms All of GEICO’s ‘A++’ Ratings
- Forde Joins RLA Insurance as Underwriting Officer
- Senator Looks to Halt Rentals of Recalled Vehicles Over Safety
- Senate Bill Would Set Wind-Vs.-Water Insurance Claim Formula
- Storm Scientists Assess Year’s Series of Deadly Tornadoes
- Ratings: Benchmark, Repwest, Sooner, Park Assurance, Mariah Re, ACMAT, Kingsway Amigo
- Is Human Error in Workplace Preventable? Maybe
- Bankruptcy Court Approves Summit Media Rescue Plan
- States Hit Hardest by Recent Tornadoes Among Least Insured
- Smaller Cars Improve Safety Performance
- Best Affirms Travelers and Subsidiaries Ratings
- Repeat Tornadoes Unusual But Not Unknown; Threat Continues
- Feds Demand Workplace Injury Records from Mining Firms
- U.S. Bias Suit Against Bayer Widens
- SEC Approves Whistleblower Rule
- Website Helps Homeowners Manage Property, Connect to Insurers, Contractors
- Agents’ Use of Real-Time Upload Rises, Study Reveals
- Travelers Expands Coverage for Healthcare Organizations
- AIG Stock Dips After $8.7 Billion Share Sale by U.S. Treasury
- Hotels Weigh Staff Safety Issues After IMF Chief’s Case
- Treasury Sells AIG Shares at Slight Profit
- Catastrophes Issue Wake Up Call on Supply Chain Risks
- Ryan Specialty Group Launches LifeScienceRisk
- Violent, Property Crimes Dropped in 2010: FBI
- Wells Publishing’s Tinney to Speak on Media Transformation
- P/C Insurers Facing Record Losses from Weather
- The Hartford Shedding Bank Used for TARP Bailout
- Neace Lukens Launches New Energy Consulting Service
- Crump Promotes Heuer to VP, National Agency Relations
- Ratings Analyst Views Allstate Buy of Esurance Positively
- Late April Tornadoes Likely to Affect P/C Insurers’ Earnings, Not Capital
- Black Lung Disease Rising Again Among U.S. Miners
- Arthur J. Gallagher Appoints Three to Corporate VP Positions
- General Star Launches Insurance Agents, Brokers E&O Program Through All Risks
- Why Companies Try to Herd Shareholder Lawsuits to Delaware
- How La Nina Might Affect Storm Season
- Disaster Plan Should Include Social Media, Says Hurricane Center
- Mitsui Agrees to Pay BP $1.1B Toward Gulf Spill Cleanup
- CEI Adds Secondary Driver Records to DriverCare Risk Manager
- Group Study: Largest Hedge Funds Buy More, Pay Less for Lawsuit Protection
- Prison Case Tests Liability of Private Workers Doing Government Work
- Best Performing Mid-Sized Commercial Insurers: SNL
- Agency Salary Survey Reveals Frozen Salaries; Time to Evaluate Compensation
- Why Bragging May Create a Greater Legal Duty of Care
- Transocean Investors Uphold Executives’ Liability for 2010
- Ryan Specialty Group to Buy Lloyd’s Insurer Jubilee
- Lexington to Insure Alternative Energy Tax Credits
- National Interstate Enters Ambulance Insurance Market
- Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial
- Oak Street Lending Hires Newton; Promotes Nicholson, McAtee
- Americans Oppose Accident Response Fees: Insurance Industry Survey
- Judge Dismisses Shareholder Suit vs Citigroup Execs Over Mortgages
- Starbucks Sued for Firing Dwarf from Barista Job
- Submit Today: Top 100 Independent Insurance Agencies
- Travelers Enhances Coverage for Educational Institutions
- Verisk Catastrophe Index Now Covers U.S. Earthquake Risk
- Mississippi River Closed to Traffic at Natchez
- Toyota Can Be Sued for Reduced Value of Cars, U.S. Judge Rules
- Supreme Court Hands Corporate Whistleblowers a Setback
- Bank Holding Company Insurance Revenue Drops 5.7%
- P/C Insurers Take Hit in Q1 as Hurricane Season Approaches
- BUA Launches Non-Appearance Event Insurance
- Agents View Carrier Consistency of Product, Price Critical in Relationship
- Claims Journal Names Johnson Associate Editor
- Crump Buys Workers’ Compensation Self-Insurance Firm SFA
- Weather Pattern Behind Current Mississippi River Flood Similar to 1993
- Brooke Corp. Fines Pale Next to Pain Caused by Franchise Scheme
- Marsh Launches Guarantee, Credit Insurance for Ship Owners
- House Committee Passes Flood Insurance Extension, Reform Bill
- White House Urges Congress to Act on Cybersecurity
- Shareolders Using ‘Say-on-Pay’ Votes in Lawsuits Against Boards
- Lawyers Eye Data Breach Lawsuits But Damages Uncertain
- Cost of Fatal Car Crashes by State
- Safety Advocates, Industry Spar Over Bus, Truck Safety Rules
- Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota
- Allstate Reports $1.4 Billion in April Storm Losses
- Marsh Named Flood Insurance Agency of Year
- ACE Names Hageman Senior VP for Global Personal, Small Business Claims
- White House to Propose Cybersecurity Legislation
- Oversight Council to Take More Time Identifying Systemic Risk Firms
- S&P Changes Outlook on Navigators to Negative; Affirms Ratings
- Liability Lawsuits Against U.S. Rating Agencies Dismissed
- Ironshore Increases Iron-Starr Financial Lines Capacity to $25 Million
- BOLT Insurance Agency to Distribute Zurich Small Business Products
- Wal-Mart Facing Job Bias Suit from Fired Cuban Warehouse Workers
- AIG, U.S. Treasury to Sell Nearly $9 Billion in Stock
- Surety & Fidelity Association Elects Chubb’s Vispoli as Chair
- Top 10 States for Dog Bite Claims
- AIG Shares Fall Further, Put Pressure on Treasury
- Federal Appeals Court Questions Virginia Challenge to Healthcare Law
- Caputo, Former Citi Exec and Clinton Aide, Joins Travelers
- Best Affirms No. Am. Casualty Financial Ratings; Upgrades Debt
- P/C Insurers Cautious About Adopting New RMS Hurricane Model
- P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best
- Most Without Insurance Do Not Pay Hospital Bills: Federal Report
- Brown Named Chief Marketing Officer for Starr Companies
- Treasury to Name Federal Insurance Advisory Committee
- U.S. Appeals Court Hears Arguments Over Healthcare Mandate Today
- Insurmark, Bankers Insurance Launch Mortgage Lenders Product
- Brit Insurance Launches Package Policy for U.S. Higher Education Sector
- Hub International Acquires Two Agencies
- AIR Estimates Recent Severe Storm Losses at $5.5B
- E&O Insights: Are Customers Properly Protected for Business Interruption
- Apple, Google to Face Lawmakers on Privacy Issues
- AIG Shares Hit Lowest Level in Months
- Liberty Mutual Posts 14.9% Increase in Net Income in Q1
- AIG Reports $1.5B Net Income Loss in Q1
- Insurers Fight Over Flood Policies Dropped by State Farm
- Systemic Firms Will Not Be ‘Too Big to Fail,’ Says FDIC’s Bair
- Sony Calls on Insurers to Help Pay for Data Breach
- Markel Programs, Whorton Insurance to Offer Mobile Food Vendor Program
- Terrorism Risks Lead Professionals to Refuse Business Trips
- Report: Workers’ Comp Line Deteriorates Further in 2010
- Insurers Fight Over Flood Insurance Policies Dropped by State Farm
- Whistleblowers Not Protected for Media Leaks, Federal Court Rules
- C-Suite Executives Now Expect More from Risk Managers
- Brooke Insurance Franchise Executives Settle SEC Fraud Charges
- Small Business Owners Concerned Over Taxes, Healthcare Issues
- Survey: Commercial Lines Prices Fall 3% in Q1
- Republicans Push to Repeal Healthcare Reform Funds
- Sony Hires Investigators to Clean Up After Breach
- Bank Insurance Fee Income Again Reaches Record High
- U.S. Sues Deutsche Bank Over Mortgage Fraud
- Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage
- Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft
- General Star Makes Changes to Fuel Oil Program
- Marsh: Captive Owners Bolstered Capital Positions During Downturn
- Markel Corp. Enhances Not-for-Profit Management Liability Products
- Ratings Recap: SCOR (US), Majestic
- Property Rates Expected to Rise From Catastrophes, Revised Cat Model
- Best Affirms Harleysville Group and Subs Ratings
- AIR Assesses Catastrophe Risk of Industrial, Renewable Energy Facilities
- Best Downgrades Universal Casualty; Other Kingsway Subs under Review
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