National News for August 2010
- University Study of P/C Insurers Finds Bad CEOs Can Wreck Companies
- Fireman’s Fund Expands Green Insurance to Educational Institutions
- U.S. Risk Acquires Workers’ Compensation Wholesaler Unisource
- East Coast Advised to Keep Eye on Category 4 Hurricane Earl
- Lexington to Insure Tax Credits on Low Income Housing
- BP Claims Fund Pays Out $10 Million in First Week Under Feinberg
- Payouts to Injured Nuclear Weapons Workers Reach $6 Billion
- AIG Settlement Covers $60 Million of Ex-CEO, Ex-CFO Costs
- Earl Now Major Hurricane, Headed Toward East Coast
- Stanford, Execs Deny Key Role in Alleged Fraud Cited by Lloyd’s
- Judge Allows Lawsuits Against Bank of America Executives Over Merrill Deal
- CNA Adds Nine Endorsements for Small Business Customers
- K&K Insurance Names Bixler as President, CEO
- Settlement Deadline Extended for Ground Zero Responders
- Stormy Danielle, Earl, Frank Strengthen But No Landfall Expected
- Motor Vehicle Crash Injuries Costing $99 Billion a Year, or $500 per Driver
- Breckenridge to Manage CNA West, Midwest Public Entity Program
- FEMA Chief Sees Progress 5 Years After Katrina Disaster
- 8% of Drivers Have Driven Drunk in Past Year
- Report: Insurers Probed Over Baseball Teams’ Financial Data Leak
- S&P Affirms Markel’s ‘BBB’ Ratings; Outlook Negative
- Fitch: Profits Decline for Most U.S. P/C Insurers in First-Half of 2010
- Buffett’s Berkshire May Buy Rest of Wesco Financial, National Indemnity
- 6 Ways Agents Fail Their Workers’ Comp Customers
- Beazley Launches Fixed Site Environmental Cleanup Coverage
- Ratings Roundup: AMEX, Castle Key, Torus, Hartford (debt)
- K&K Insurance Adds New Regional Sales Staff Across U.S.
- New Tropical Depression Forms in Eastern Atlantic
- The Next Big Thing at the Entrepreneurial Insurance Symposium
- Wal-Mart Asks Supreme Court to Nix Massive Sex Bias Lawsuit
- Travelers Wins $262M Asbestos Reinsurance Judgment
- Commission Weighs Self-Governing Body for Oil Drilling Safety
- Ex-Stanford Executive Settles with Lloyd’s Over Defense Fees Under D&O
- P/C Insurance Brokers Profitable Despite Tough Economy, Soft Pricing
- Church Fraud Hurts Both Congregation and Insurers
- Stolen Wallets, IDs Most Common Causes of ID Fraud
- M&A Wrap Up: Year-over-Year, M&A Activity Sustains a Moderate Pace
- Insurance Journal Seeks Nominations for Best Agencies to Work For
- Homeowners Coverage Knowledge Gap Wide Among Consumers
- All Risks Launches Mental Health Program Through Rockhill Insurance
- AIG Pays Back $4B of Federal Loan
- BP Compensation Fund Opens for Business
- S&P: The Worst Not Over for U.S. Commercial Property Markets
- Ironshore Environmental Expands Oil Spill Program to Hospitality Sector
- Judges Reopen Portions of Bid-Rigging Civil Suit
- All Risks Ltd. Launches Home Health Product Through Rockhill Insurance
- Argo Group Appoints Fleischer as E&S Segment Chief Underwriting Officer
- U.S. Risk Names Mullens VP, Senior Underwriter
- BP Settlements May Shield Top Defendants, New York Times Reports
- Workplace Fatalities Decline in 2009 Over 2008
- Zurich Introduces Enhanced Professional Liability Coverage for Contractors
- Goss Re Names Brock as CEO; Fox as VP, Senior Broker
- 8 Traits Top 100 Agencies Have in Common
- P/C Industry Shows Slight Premium Growth in Q2, But No Gain in Profits
- Report Suggests Gulf Coast Properties Not Much Safer Since Katrina
- Survey: Health Reform Leading to Changes for Large Employers
- Insurance Institute Names 2 Luxury Cars Top Safety Picks
- How to Establish an Agency Growth Culture
- Chartis Enhances Coverage for Network Security, Privacy Risks
- Dog Bite Claims Top $400M in 2009; Rise 30% in Last 6 Years
- The Hartford Names Napoli as Consumer Markets Head
- U.S. Gives States Cash to Police Health Insurance Rate Hikes
- Medical Protective Launches Insurance for Facial Plastic, Reconstructive Surgeons
- Insurers Refute Oil Spill Rumors, Prepare for Consequences
- Kim Named Project Management Head for Torus
- 3 Imaginative Approaches to Agency Marketing in the Entertainment Age
- Agency Marketing Must Move Online and Beyond Yellow Pages
- Why Carriers’ Producer Bulletins Are Like Greyhound Buses
- Smart Agents’ Growth
- People
- Business Moves
- Snapshot: It Figures
- Snapshot: Declarations
- General Star Launches Occurrence Coverage for Ambulance Program
- How to Improve Your Agency’s Marketing Materials
- How to Maximize Your Book with Personal Umbrellas
- M&A Wrap Up: Year-over-Year, M&A Activity Sustains a Moderate Pace
- Travelers Introduces Liability Package for Medical Technology
- How To Use Compensation to Boost Sales
- 4 Steps to Better E-mail Marketing Results
- 101 Sales & Marketing Ideas
- Insurance Journal Seeks Nominations for Best Agencies to Work For
- Main Street America Promotes Peeters to SVP
- MyNewMarkets: New Markets
- 3 Keys to Establishing a Total Agency Growth Culture
- Pension Fund Sues Hewlett-Packard Directors Over CEO Hurd Exit
- Tropical Cyclone Heads for Northern Gulf of Mexico
- Chartis Introduces Industry-Specific Environmental Liability Products
- NAS Expands Regulatory Business Interruption Coverage
- AIG Still a Risky Bet for Investors
- Avizent Introduces New Risk Sharing Captive for Restaurant Industry
- BP Oil Spill Disaster Creates Some Opportunities
- Fortress to Buy Majority of AIG Consumer Finance Unit
- E&S Wrap Up: Broker Mergers, Expansions and Start Ups
- Chartis Expands General Liability Policies
- U.S. Review of Toyota Recorders Finds No New Defects
- Rising Price of Gold Leaving Jewelry Collections Underinsured
- Zurich Enhances Professional Liability Coverage for Architects, Engineers
- Petersen International Underwriters Expands Medicare Bridge Plan
- Hallmark Financial to Acquire State Auto’s Non-Standard Auto Unit
- Travelers Introduces New Suite of Management Liability Products
- How Oil in Gulf Region Could Complicate Hurricane Recovery
- August Begins Busiest Phase for Hurricane Season
- Stopping Workplace Violence Difficult But Risk Can Be Reduced: Experts
- Artwork, Antiques Feel The Heat, Too; Insurer Offers Tips
- Chartis Increases Offshore Energy Property Capacity to $200 Million
- Berkshire Hathaway Profit Down on Derivatives But Insurance Way Up
- State Insurance Commissioners Warn on Keeping Vacant Homes Insured
- U.S. Captive Insurers’ Underwriting Income Drops; Investments Improve
- CNA Names Ryszetnyk, Ecoff to Ocean Marine Unit
- BP Deposits Initial $3 Billion in $20 Billion Gulf Claims Trust
- Willis Launches PatentWize to Help Manage Intellectual Property Risk
- Marsh Launches New Collateral Solutions Group
- Markel Underwriting Loss Tied to Chile Earthquake, Deepwater Horizon
- Cruise Ships Traveling In Changing Legal, Security Climate
- NAS Managed Care Errors & Omissions Adds Cyber Liability
- AIG Posts Q2 Loss; Chartis Insurance Stable Despite Flood, Oil Spill Claims
- AIG Starts Talks to End Government Ownership
- Liberty Mutual Profit Falls in Q2
- Business Risk Partners Buys Renewal Rights from ProAssurance
- Almost 1 Medical Malpractice Claim Filed for Every Physician, Reports AMA
- 75% Chance of Major Hurricane Hitting Atlantic Coast, Says Forecaster
- The Hartford Posts 2Q Profits
- Great American Launches Contractors Environmental Liability Product
- CNA Expands Construction Resources to Renewable Energy Contractors
- Allstate Operating Income Rises in Q2; Capital Losses Hurt Net Income
- Investors Seek Oil Firms’ Safety Plans, Insurers’ Underwriting Plans
- BP Speeds Up Claim Payments to Businesses Affected by Gulf Oil
- U.S. Says Vast Majority of BP Oil Gone, Remainder Not Serious Threat
- MMC Completes Sale of Kroll to Altegrity
- How Claims Service Cultivates Insurance for Trees, Landscapes
- Schinnerer Enhances Construction Management Program
- Zurich Introduces Insurance Policies for Defendants in Contract Litigation
- Argo Group U.S. Forms Management Liability, Professional Lines Platform
- Conn. AG Barred from Releasing Agents’ Commission Data
- Some States Cheered by Virginia Healthcare Decision
- Marsh Revenue Up 9% in Q2
- Customers Significantly Less Satisfied With Auto Insurance Companies
- Threat from BP Oil Disaster Recedes for East Coast, South Florida
- Insurers Report Rise in Questionable Claims Led By Hail, Auto Glass
- Marsh Names 59 Managing Directors in U.S., Canada
- Federal Judge Lets Virginia Challenge to Obama Healthcare Law Proceed
- Towers Watson: Gulf Oil Spill not a Major Event for P/C Insurers
- NIP Launches Insurance Program for PetCare Professionals
- Senate Eyes Guaranteed Lump Sum Benefit for U.S. Soldiers, Workers
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