February 11, 2008
Insurance Journal East Magazine
Insurance Journal East Magazine
Small Business Insurance/BOPs; Claims
In this Issue
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Business MovesBusiness Moves
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3... -
FeaturesAIG to Pay $12.5M in Settlement with States Over Bid-Rigging Allegations
American International Group Inc. (AIG) confirmed in late January... -
FeaturesN.Y. Addresses Matter of Insurers’ Addresses in Agency Ads
New York agents looking to spruce up their advertisements better pay... -
FeaturesBig Dig Contractor Reaches $458M Settlement
The main management consultant and contractor on Boston's $15 billion... -
FeaturesN.J. Distributes Medical Malpractice Subsidies
New Jersey Banking and Insurance Commissioner Steven M. Goldman... -
DeclarationsDeclarations
Bad Policy Call "I never experienced the outcry from the public that... -
FeaturesMass. Upholds Competition; Allows Insurers’ Rates and Commissions
Some of the largest auto insurance writers in Massachusetts whose... -
FeaturesMaine study: Suspended Drivers in High Number of Deadly Crashes
Suspended drivers represent a small minority of all motorists but are... -
It FiguresIt Figures
$16.4 Million The total dollar value of subsidies sent last month to... -
FeaturesN.Y. to Adopt Loss Costs for Workers’ Comp
New York State agents and insurers praised the passage late last... -
People & PlacesPeople
Former Ace Ltd. CEO and Chairman Brian Duperreault has stepped down... -
FeaturesPa. Court Ruling a Victory for Cancelled Agents
A decision by a Pennsylvania court could have far-ranging... -
FeaturesVirginia Repeal of Abusive Driver Fees Gains
The Virginia Senate has passed its bill to repeal high fees on bad... -
New MarketsNew Markets
The following markets were selected from the MyNewMarkets database of... -
FeaturesOutreach Training
Over the next several months, DHS is going to conduct outreach... -
Editor's NoteGood Complaints
It's human nature to complain, even if it is to complain about... -
FeaturesConn. ‘Botched’ $80M Workers’ Comp Privatization, Charges AG
Connecticut officials "badly botched" a 2001 deal to privatize... -
Features5 Core Principles of Disaster Recovery
The NRF is written around what DHS labels five core principles:... -
FeaturesVermont Captive Leader Crouse to Retire
Leonard Crouse, Vermont deputy commissioner of captive insurance and... -
FeaturesKofman to be Maine Insurance Chief
Maine Governor John E. Baldacci has nominated Mila Kofman as... -
FeaturesU.S. Disaster Plan Takes Lessons From Katrina, Calif.’s Wildfires
Streamlined document called 'essential tool for emergency managers'...
National Coverage
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FeaturesWillis-Marsh? A Firm ‘No Comment’ But Rumors Persist
The rumors, and at this point that's all they are, apparently started... -
Minding Your BusinessState Your Mission, Values and Vision for Success
It's that time of year again; planning time for a great 2008! The key... -
FeaturesGet it in Writing
When it comes to settling claims, vendor contracts solidify a... -
FeaturesDemocrats Blast FDA Labeling Rule as Liability Shield for Drug Makers
Proposed rules limit when drug manufacturers can change warnings... -
News CurrentsGovernment Report Urges Changes in Wind, Flood Damage Determinations
GAO finds fault with coverage exclusions in policies and lack of data... -
FeaturesInsurers Must Focus on Opportunities; Avoid Price Wars to Stay Profitable
Margin compression and continued pricing erosion will put increasing... -
FeaturesJudge Sentences Milberg Weiss Lawyer for Class-Action Kickbacks
Retired attorney Lazar, first of seven from firm to plead guilty,... -
FeaturesHome-Based Business Boom
The risks of remote workplaces Americans' houses have increasingly... -
FeaturesSupreme Court Turns Away Lawsuit Against Banks by Enron Investors
In light of recent Stoneridge ruling, court sends case back to 9th... -
FeaturesBOP Opportunities Abound in Fla., Ga., N.C., Texas and Wash.
The U.S. business owners policy (BOP) market consists of nearly 21...