National News for March 2008
- Feds Offer Safety Plan for Rail Tank Cars with Hazardous Materials
- Industry Lines Up ‘Pro and Con’ on Bush Plan for Federal Insurance Regulator
- U.S. Risk, The Colony Group Offer Criminal Justice Coverage
- Bush Financial Regulation Overhaul Includes Federal Insurance Regulator
- Main Street America Announces Officer-Level Promotions, Appointments
- U.S. Sen. Schumer Urges U.K.-Like Single Financial Regulator
- Allied World Officially Launches Reinsurance Operation
- Banks Saddled with Costs to Replace Cards Compromised by Security Breach
- California May Create New Bond Insurer to Rival Buffett’s
- Ratings Recap: Allied World Re, Computer, FGIC
- Insurance Journal Sponsoring Survey on Agent-Carrier Relations
- UPS Brand Exec Bloomenkranz to Head Progressive Insurance Marketing
- SEC Official Says More Subprime Fraud Could Surface
- Riskier Drugs Tied to Faster U.S. Approval, Industry Financing
- Ratings Recap: Farmers Home, Grain Dealers, Affirmative, CAPCO, Cincinnati Companies
- AIG Sues Former CEO Greenberg and 6 Ex-Directors
- Kellems Promoted to VP of Enterprise Risk Management for HCC
- NOAA: Major U.S. Flooding A Sign Of Things To Come
- U.S. Capital Markets Seen Losing Ground to Global Competitors
- Supreme Court Permits Health Benefit Offset for Retirees on Medicare
- Thinking the Unthinkable: What If Credit Crisis Isn’t that Bad?
- Citigroup to Pay $1.66 Billion to Settle Enron Creditors’ Claims
- S&P Sees Improved Insurer Enterprise Risk Management in 2008
- Trial Lawyers Say Recent Study Proves Tort Reform Doesn’t Work
- Agents and Brokers: Deadline to Submit for IJ’s Top 100, April 4
- Ratings Recap: Financial Guaranty, American Physicians, United National, Centene, Great Western
- Who’s Worth What in the Independent Agency System?
- Feds Hint at Compromise with States over Real ID National License
- How to Integrate Generations X, Y and Baby Boomer Employees
- Market Share Report: Top 25 Property/Casualty Insurers
- SCA Defends XL’s Terminating Merrill Lynch Guarantee Contracts
- Grocer Hannaford Hit with Class Action Suit over Data Breach
- Arthur J. Gallagher Acquires Healthcare Risk Solutions of Pa.
- Feds Propose Changes to Flood Insurance Q&A for Lenders
- Fireman’s Fund Offers Uninsured/Underinsured Protection
- Urban Sprawl Poses Extra Risk for Teen Drivers, Virginia Study Finds
- Food Makers Say They Won’t Overreact to Safety Scares
- Hiscox USA Adds 2 Experts in Kidnap and Ransom Coverage
- Progressive Insurance Sponsors $10M X-Prize for Fuel Efficient Vehicle
- RLI Transportation Now Covers Fleets of Driver Training Schools
- Google to Make Hurricane Flood Threat Data Available to Public
- Grocery Chain’s Data Breach Shows Even Protected Systems Vulnerable
- House Financial Chair Frank Calls for U.S. Financial Risk Regulator
- Aon Founder Ryan to Retire Aug. 1
- NSM Offering Wind Insurance with Its Express Hotel Program
- South Can Expect Warmer Weather through June, Say U.S. Forecasters
- ASPN Expands Regional Territories, Names 5 New Vice Presidents
- Regulators Release Updated Top 25 P/C Insurers’ Market Share Report
- Ratings Recap: Celtic, Farmers Home, Conemaugh, Allegany Co-Op, Housing Authority, Monroe, CAPCO, MGIC
- U.S. Class Action King Weiss Agrees to Plead Guilty
- Merrill Lynch Files Suit Against Security Capital’s XL
- Insurers Settle Lawsuits over Philippines Crash for $165M
- For W.R. Berkley, Exiting Personal Lines Proved ‘Great’ Decision
- Ratings Recap: Travelers, Am. Capital, Fairmont, Univ. American, Fireman’s Fund (Mo.), ACE (Ill.) CIGNA, Conseco
- Abacus, ACE USA Partner for Online Foreign Event Program
- Credit Card Data Stolen from U.S. Supermarket Chain
- Firm Estimates $11B in Mortgage Applications Misrepresented Income
- USGS Offers Earthquake Research Grants
- Best Affirms GEICO’s ‘A++’ Ratings
- Max Cap to Buy U.S. Admitted Insurer
- Municipalities Sue Financial Firms, Allege Price-Fixing in Derivatives
- Study Finds Using Airbags without Seatbelts Increases Injury Risk
- Florida’s Main Street America Group Reports Results for 2007
- Craigslist Web Site Not Liable for Illegal Ads, Federal Court Says
- Alabama-based Alfa Corp. Reports 2007 Results
- Ratings Roundup: COUNTRY, Proformance, Palisades Group
- Stunned Bear Stearns Investors Eye Legal Claims
- U.S. Court Rules Against Bear Stearns in Insurance Case
- Worldwide Facilities Offers Social Services Market
- 2008 State Rankings: Sinners and Saints Among Tort Systems
- Buffett Succession Plan at Berkshire Gets a Twist
- Lawyer: New Questions Raised About Toxins in Katrina Trailers
- Lexington Insurance Hikes Capacity for Commercial Property to $1.5 Billion
- S&P: U.S. Workers’ Comp Insurers Face Weakening Rates
- Ratings Recap: KFB, Combined, Ambac, Countrywide, Echelon Property
- Congress Examines Municipal Bond Ratings, Bond Insurance Industry
- Hanover Insurance Sheds Premium Finance Unit, AMGRO
- Population Growth, Part-Time Practices Contribute to Physician Shortage
- AIG Shares Fall Sharply on Concerns Over Possible Bigger Credit Losses
- Zurich Services Corp. Partners with OSHA Fast Fix for Workplace Safety
- Ratings Roundup: Motor Club, CIFG, Nationwide, Medical Savings
- Gates Joins The Leavitt Group as Senior Executive
- N.Y. Gov. Spitzer Resigns; Paterson to Assume Post
- Last Call for Young Agents: What Are YOU Thinking? 40-and-Under Survey Wants to Know
- Skin in the Game: How Insurance CEOs Fare and Why Buffett is a Bargain
- Climate Change No. 1 in Top 10 Risks Facing the Insurance Industry
- S&P Revises Cunningham Lindsey Outlook to Stable; Affirms ‘B-‘ Rating
- Time, Markets to Seal U.S. Municipal Insurance Fate, Says N.Y. Regulator
- Reuters Poll: U.S. Economy Faces Recession, Probably in Q1
- Best Affirms Nationwide’s ‘A+’ Ratings
- Best Affirms Nationwide Financial’s Ratings; Comments on Acquisition
- Truckers to Review Snow-Removal Ideas in Wake of Connecticut Concerns
- Expect Consolidation in Nonstandard Auto Insurance Market, Conning Says
- ISO Granted Patent for Rating and Policy Processing Method
- AIG Expands Hurricane Service for High Net Worth Clients
- Regulators Release Report on Top 25 P/C Insurers’ Market Share
- Ratings Recap: CIFG, Tall Pines, Conn. Medical, Nationwide, Wolverine
- EQECAT, ABS Update U.S. Offshore Energy Model
- Gov. Spitzer Apologizes; Calls Reports a ‘Private Matter’
- Spitzer’s Targets Included Greenbergs, Analysts and Stock Exchange CEO
- Wall Street Relishes ‘Sheriff’ Spitzer’s Fall from Grace
- Darwin Offers Liability Insurance for Managed Care Firms
- Berkshire Hathaway to Sell White Mountains Insurance Stake
- Nationwide Financial Parent Offers $2.2B Buyout
- W.R. Berkley: Running a $5 Billion ‘Family’ Business
- New York Gov. Spitzer Linked to Prostitution Ring
- iCrime Wave? Researchers Suggest iPods Linked to Rise in Robberies
- Senate Confronts Product Safety
- S&P Lowers Alleghany Ratings to ‘BBB’; An ‘Arbitrary’ Decision Says CEO
- Best Affirms Liberty Mutual’s ‘A’ Rating; Outlook Stable
- PIA National Honors Texan Markwell as Customer Service Rep of Year
- Train Accidents Fell 14% in 2007; Hazmat Incidents Rose
- Feds to Holdout States: Adopt National Real ID License Program Now
- Arbitration Resolves Record $2B in Inter-Insurance Company Disputes
- CDC Official: Reaction to Formaldehyde in Emergency Trailers Too Slow
- Study: Traffic Crashes Cost American Drivers $1,051 per Person
- 1 Minute Please: Insurance Journal Newsletter Ideas Wanted
- Wisconsin’s Straka Named Young Agent of Year by PIA National
- Storms’ Intensity Remains Tough to Predict, Says U.S. Hurricane Chief
- S.C. Manufacturer Recalls 67,000 Car Seats for Safety Reasons
- Farmers Insurance Unit to Assume Zurich Small Business Renewals
- As Actors Strike Looms, Insurance for Studios Assumes Lead Role
- Tenn.’s Bowles Honored as 2008 Agent of Year by PIA National
- Legislators Adopt Resolution in Support of Agent Licensing Registry
- Travelers Adds Workers’ Compensation to Aviation Unit
- W.R. Berkley: Still Smart, Successful and Smiling After 40 Years of Decisions
- Wake-Up Call: One-Third of American Workers Sleeping on the Job
- Argo Group’s Trident Buys New England’s Massamont Agency
- XL Insurance Offers Excess Professional Liability with $25M Limits
- Study: Car Crash Deaths Increase Starting at Age 12
- Merck Says 44,000 Could Qualify for Vioxx Settlement
- Ratings: Northwind/Tailwind, Meadowbrook, Hartford, Farm & City, AIG
- Feds Toughen Limit on Asbestos Exposure in Nation’s Mines
- States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking
- Buffett Says U.S. in a Recession; Pulls Back on Muni Bond Offer
- Siegel Agency Enhances Social Services Insurance Program
- Lexington Insurance Adds Eco-Friendly Building Coverage
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