National News for January 2008
- General Star Offers Automated Quotes on Excess Auto Liability
- Lawmakers Want Answers from Mine Administration on Penalties
- Stuckey & Co. Answers When Business is Liable for Blogs, Email, RSS Feeds
- Judge Sentences Milberg Weiss Lawyer for Class-Action Kickbacks
- S&P: P/C ‘Reserve Adequacy’ Criteria
- Allstate 4Q Profit Falls 37% as Calif. Wildfire Losses Top $300M
- Donegal Mutual and Subsidiary Atlantic States to Change Pooling Agreement
- Chubb Joins Renewable Energy, Green Building Groups
- ACE’s Duperreault Named CEO of Marsh & McLennan
- Arthur J. Gallagher to Sell Reinsurance Unit, Ireland Brokerage; Layoff 400
- Chubb 4Q Profit Stayed About Even; U.S. Premiums Down 2%
- Former Ohio Casualty CEO Carmichael Joins Atlanta Consulting Firm
- Ratings Recap: Liberty Mutual, Unum, Baldwin & Lyons
- Travelers Reports Combined Ratio for 2007 at 87.4%; 4Q Profit Dips
- Beecher Carlson Names Pierpont Managing Director, Energy Practice
- Insurance Journal’s Wells Publishing Named a Top Company to Work For
- AIG Introduces Package Policy for Management, Professional Liability
- AIG Pays $12.5M to Settle with States Over Bid-Rigging Allegations
- For 2007, Hanover Reports P/C Earnings Up 20%; Premiums Up 5%
- Markel Reports Another Good Year; Combined Ratio at 88%
- Bond Market Woes Could Endanger Municipal Construction
- National Hurricane Center Names New Director
- List of Defendants Growing in Suit Against Countrywide Financial
- Gender-Bias Class Action Against GE by Former Counsel Advances
- U.S. Proposes Stronger Car Roofs to Withstand Rollovers
- Federal Study Backs Installation of Shelters in Nation’s Mines
- As Stocks Fall, Small Businesses Urged to Start Retirement Plans
- Shares in US Bond Insurers Rise on Bailout Hopes
- Democrats Blast FDA Labeling Rule as Product Liability Shield for Drug Makers
- Ratings Recap: Concord Re, Doctor’s Co., ACUITY, Alfa Group
- Atlanta’s Beecher Carlson Partners with Old Lane
- Ward Group to Benchmark Insurers’ Finance Operations
- Chartier to Head Safeco’s Marketing and Distribution
- House Passes Flood Insurance Reform Legislation
- Supreme Court Turns Away Suit Against Banks by Enron Investors
- Insurers Must Focus on Opportunities, Avoid Price Wars to Stay Profitable
- AIG Enhances Corporate Counsel Policy
- U.S. Releases New Disaster Response and Recovery Plan
- Markel American to Sell Collector Car Coverage
- Ratings Roundup: Ambac, Prospect Medical, First American Title
- Supreme Court to Rule Whether Disability Insurer in Conflict of Interest
- AAA Says Many Children Still Not in Safety Seats
- AI Risk’s LexExpress Delivers Excess Auto Liability for Truckers
- Teacher, Gypsy, Even an Insurance Agent Make Fraud Hall of Shame List
- House Democrats Pass Mine Safety Bill Despite Bush Veto Threat
- CFO Johnson to Leave The Hartford
- Supreme Court Stoneridge Ruling Adds to Setbacks for U.S. Investors
- AAA Calls Child Safety Laws Inadequate
- Ratings Recap: Harleysville, TIG Specialty, Co-Operative, Crusader, Pacific Star
- S&P: Allstate’s Ratings Unaffected by Florida Suspension
- Former Hilton CEO Joins AIG’s Board
- New Federal Mine Safety Legislation up for Vote
- Commercial Lines Pricing Shows Modest Decrease from 2006 to 2007
- Conning Research: Medical Malpractice Poised for Long-Term Stability
- Despite Woes, Big Insurance Brokers Still Make the Grade, Says Fitch
- The National Alliance Adds Employee Benefits Course
- Fitch Affirms AIG, Subs ‘AA’ Ratings
- S&P Affirms, Withdraws Westport Ratings after Merger with Employers Re
- Tort Trends Likely to Remain Stable in 2008, Finds I.I.I. Survey
- Who Is Best Prepared for a Disaster?
- States Prevail Over Industry with Tougher Chemical Security Laws
- Information Firm First American to Spin-Off Insurance Divisions
- Advisen: Subprime Writedowns Trigger Avalanche of Lawsuits
- Ratings Recap: Verlan, ACMAT, Heritage, Alfa, Petroleum Marketers, Berkshire (Debt), Consumers, ACA Financial
- Supreme Court Limits Investors’ Securities Lawsuits
- Pickups, Hybrids Most Expensive Vehicles to Insure
- Beecher Carlson Names Denton as President
- OneBeacon’s Medical Technology Insurance Includes Products Liability
- Hanover Insurance to Acquire Chemical Industry Insurer Verlan
- ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims
- Republican Giuliani Tells Fla. He Backs National Catastrophe Plan
- Study: Making Workers’ Comp Medical Fee Schedules More Effective
- Executives See Moderate P/C Insurance Growth in 2008
- Survey: Prices Continue to Drop for Commercial Lines Market
- Genstar Capital, Execs Create National Brokerage for Hispanic Consumers
- N.Y. Judge Rules Evidence in Celebrex Case Unreliable
- Regulators Address The Politics of Underwriting
- Workers’ Comp Writer Employers Holdings to Acquire AmCOMP
- Insurers Defend Profits; Deny They Overcharge, Under-deliver on Home, Auto Policies
- Ratings Roundup: Tailwind/Northwind – Unum Group, GMAC
- Progressive Buys Naming Rights to Cleveland Indians’ Ballpark
- GAO Report Cites Weaknesses in IRS Information Security Systems
- Despite Higher Costs, Insurers Encourage ‘Green’ Rebuilding of Homes
- AIG Insurer to Pay $42.5M to Cleanup Sites of Bankrupt Underwear Company
- $175M Holocaust Insurance Settlement with Generali Moves Forward
- Main Street America Gives Agents Electronic Bond Issuance
- Lighthouse Underwriters Sells Retail Non-Profit Book to Cooley and Darling
- Best Places North Pointe Subsidiaries Ratings Under Review/Positive
- Safeco Names Northeast Regional Exec, Sales and Marketing VP
- Trial Opens for Five Former Gen Re, AIG Executives
- LMC Capital Names Vaughn Managing Director
- A.M. Best Affirms Ratings of Allstate and Subsidiaries
- Proformance Insurance Appoints Glowacki as V.P. of Claims
- Ratings Roundup: Transcontinental, Great Lakes
- Stanard, Fox Partner With Insight Catastrophe Group
- S&P: TRIPRA’s Passage Keeps U.S. Commercial Lines Outlook Stable
- Swiss Re’s Westport Insurance Announces Two Mergers
- Statistics Based on Atlantic Hurricane Activity Can Overestimate Risk
- S&P Revises Swett & Crawford’s Rating Outlook to Negative
- Bush Retains U.S. Mine Safety Chief
- CSX Railroad Charged with 199 Safety Violations in 23 States
- Swett & Crawford Names Dyson Sr. VP
- Buffett’s Role Disputed As Former Execs Head To Trial
- S.C. Dog Food Maker to Pay $3.1 Million Settlement after Pet Deaths
- QBE Americas to Acquire North Pointe
- Arthur J. Gallagher Acquires Wholesaler AVRECO
- PPIB Has New Inhouse Excess Facility
- Ironshore Completes Acquisition of Excess Surplus Shell; Plans Expansion
- Travelers Settles with States over Brokers’ Contingent Commissions
- Experts Forsee Volatile Investment World in 2008
- U.S. Offers Employment Screening ‘Best Practices’ to Prevent Bias
- Federal Figures Show 32 Coal Miners Killed in 2007
- Marsh Reorganizes into U.S./Canada and International; New Executives Named
- IRISK Solutions Targets Risk Management Services to Middle Market
- Insurance News Looks to be Out of Control in 2008
- Minnesota RJF Agency’s Jeatran Becomes Assurex Global Chairman
- CarInsurance.com Adds Insurance Carriers for 2008
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