National News for April 2009 Crump Names Murphy as CFO Bad Economy Not Impacting Essential Insurance Coverages Judge Rules Transsexual Discrimination Protected Under Federal Law AIG’s P/C Arm Eager to Split, New Name in Question UMass Engineers Deploy Special Radar to Midwest’s ‘Tornado Alley’ Regulator Sees Mergers Coming in Weakened Life Insurance Sector Probe of AIG Financial Products Unit Focusing on 3 Executives Sailor Sues Owner, Crew Company of U.S. Ship Hijacked By Somali Pirates Best Affirms QBE Re (U.S.) ‘A’ Ratings AIG’s Title as World’s Largest Insurer Gone Forever Defendant in General Reinsurance, AIG Fraud Faces Sentencing Rep. Frank: House Panel to Examine Federal Regulation Option for Insurance Corporate America’s Reputation Plunges; 88% Have Low Regard Top 5 Steps for Employers to Take to Prepare for Flu Pandemic U.S. Recovery Could Be Hurt by Fear of New Regulation Phenix Mutual Joins Motorists Insurance Group Burns & Wilcox Names Corman as Marketing Director Vertibrands to Offer MarketStance ExpressReports AIG, Congress and Law of Unintended Consequences Study: Many Employees Undermine Data Breach Prevention Strategies Data Security Breaches Present Risks, Opportunities for Agents FDIC Head Favors Interagency Panel to Oversee Systemic Risk Addressing Systemic Risk Without More Bureaucracy Chubb Q1 Profit Dips Along With Investments, Sales How Small Business Owners and Employees Are Surviving Recession What Young Agents Value About Being Independent AIG Names Winter, Vice Chairman; Hurd, Vice President Progressive Offering Liability Insurance for Coal Hauling Truckers Morrissey to Head International Insurance Society Insurers, Environmental Advocates Urge Changes to Protect U.S. Coastlines The Hartford Reported Shopping Its P/C Insurance Business Study: Insurers’ Customer Retention Critical in Hard Economic Times S&P Sees AIU Holdings Vehicle as Boost to Insurer’s Financial Flexibility Continental Marine Offers Jet Ski and Rental Boat Program Watchdog Group Ranks Best, Worst States in Disciplining Doctors Severe Storm Season Like 2008 Could Occur Once Every 4 to 5 Years, RMS Predicts Krivoshik Named Chief Information Officer at MMC Q&A: AIG’s New AIU Tries to Rebrand In Challenging Market Top Federal Reserve Official: Let ‘Too Big’ Insolvent Financial Firms Fail It’s Not Easy Being Green; But It’s Profitable Risk Managers Report ‘Soft Landing’ for Market Pricing AIG Creates AIU Holdings; Prepares for Potential Sale of Minority Stake A.M. Best Calls AIU Vehicle ‘Positive First Step’ in AIG Insurance Rebranding New York Wants Allstate Info on Credit Default-Swaps Mammolite to Head Ironshore’s U.S. Property Unit Forecaster WSI Reduces 2009 Season Hurricane Count to 6 Would Gramm Leach Bliley Pass Sen. Gramm’s Own Test? U.S. Lawmaker Urges AIG CEO Liddy to Quit Over Goldman Sachs Stake Ratings: Am. Freedom, Columbia, Central States, Lyndon, Zurich (bonds) Disaster Planning By Businesses Helps Even When Minor Disruptions Hit Tracy to Head Travelers Inland Marine Unit Howie to Head Human Resources at HCC Insurance Holdings Fortegra Completes Acquisition of Bliss & Glennon from Willis HRH Farmers To Acquire AIG’s Personal Auto Group for $1.9 Billion Agents Can Help Fight Insurance Fraud Consumer Advocates Wary of Federal Insurance Regulation Plans AIG May Sell U.S. Auto Unit to Zurich Broker Lockton Advises Insurance Buyers to Expect Firming of Prices Aon, Zurich Target Technology Risks for Middle Market Firms Group Urges Congress to Lift Credit Rating Agencies’ Liability Exemption Main Street America Honors 8 Employees Insurance Journal on Facebook Congressman Asks If AIG Used Bailout Fund for PR Firms ACE USA Launches Green Contractors Program Ratings: HSB, Tall Pines, North Sea, MEMIC Indemnity, American Physicians, West Bend Insurance Journal on Facebook Survey: Most U.S. Companies Hold Steady on Benefit Plans for Employees Recession Increasing Insurance Fraud Energi, National Interstate Launch Fuel Transport Program Arrowhead Wholesale Offers Small Firm Architects & Engineers Product Consumer Advocates Watching How Insurers Treat Credit in Recession Why Insurance Agents Should Follow Stimulus Package Overall Thefts Cool, But California Remains Top Spot for Vehicle Thefts Best Affirms Zenith, Subs ‘A’ Ratings S&P: Global Risks Mean Some Changes in Store for P/C Insurers Weakened Life Insurers May Get Federal Aid Best Revises Liberty Mutual Group Outlook to Negative; Affirms Ratings U.S. Lawmakers Seek Ban on Tainted Chinese Drywall Moody’s Lowers Berkshire Hathaway’s Ratings from Top Tier LIU, Five Star Specialty Launch Nonprofit Management Liability Program Guy Carpenter Completes Acquisition of John B. Collins Associates P/C Insurers Profitable in 2008; Take Hit From Catastrophes, Financial Crisis James Named CIO at The Main Street America Group Connecticut AG Criticizes Bailout Money for Credit Rating Firms Kevin Dahlke Offers Professional Liability Program for Farmers Agents Ratings Roundup: Prospect Medical, Town & Country Brownyard Group Enhances Cosmetic Manufacturers’ Program US Financial Bailout Watchdog Examining AIG Payments Kerner To Head Zurich Global Corporate in North America Bollinger’s Boss Bonus Goes to Employees U.S. Judge Halts Washington Mutual Fraud Lawsuit Guy Carpenter: Rates Rising on U.S. Property Catastrophe Reinsurance U.S. Forecaster Lowers Atlantic Hurricane Prediction National Insurance Partners’ New Product Covers Independent Directors Nautilus Names Miali AVP, Property Underwriting Marsh & McLennan CEOs Took Home $33M in Compensation in 2008 Economic Downturn Presents Mixed Results for Workers’ Comp Market Hartford’s CEO Paid $4.5 Million, Despite Large Losses Obama Plays Up Role as Consensus Builder at G20 ACE Launches New Homeowners Coverage for High Net Worth Families Chubb’s Tomlinson Named ‘Insurance Woman of the Year’ NAS Insurance Enhances Managed Care Facility Program Advisen: Recession Affecting Both Supply and Demand for Insurance Coverage Agents to Rate Regional Carriers in New Insurance Journal Sponsored Research Ratings Roundup: Aspen Specialty, HSB Group AIG Ex-CEO Greenberg, Congress Spar Over Company Mess Legislators Introduce National Insurance Consumer Protection Act Former General Re CFO Monrad Sentenced to 18 Months in Prison AIG’s Ex-CEO Greenberg Scheduled for House Committee Testimony KPMG Hit With Billion-Dollar U.S. Lawsuit Over Audits of Subprime Lender Key U.S. Senators Agree on Patent Litigation Reform Main Street America Insurance Appoints Price as Claims Officer Say What You Mean: Character, Integrity and Independent Agents Two AIG Directors Will Not Seek Re-Election U.S. Health Secretary Nominee Sebelius Vows Food Safety Upgrade Angry Investors Take Aim at U.S. Bank Board Members ISG Launches Construction Project for Lending Institutions, Investors National News Archives
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