National News for May 2011 ISO Adds General Liability Classifications for Alternative Energy, Nanotechnology Medicus Insurance Expands Coverage to Calif., Ky., Ore. Best Affirms All of GEICO’s ‘A++’ Ratings Forde Joins RLA Insurance as Underwriting Officer Senator Looks to Halt Rentals of Recalled Vehicles Over Safety Senate Bill Would Set Wind-Vs.-Water Insurance Claim Formula Storm Scientists Assess Year’s Series of Deadly Tornadoes Ratings: Benchmark, Repwest, Sooner, Park Assurance, Mariah Re, ACMAT, Kingsway Amigo Is Human Error in Workplace Preventable? Maybe Bankruptcy Court Approves Summit Media Rescue Plan States Hit Hardest by Recent Tornadoes Among Least Insured Smaller Cars Improve Safety Performance Best Affirms Travelers and Subsidiaries Ratings Repeat Tornadoes Unusual But Not Unknown; Threat Continues Feds Demand Workplace Injury Records from Mining Firms U.S. Bias Suit Against Bayer Widens SEC Approves Whistleblower Rule Website Helps Homeowners Manage Property, Connect to Insurers, Contractors Agents’ Use of Real-Time Upload Rises, Study Reveals Travelers Expands Coverage for Healthcare Organizations AIG Stock Dips After $8.7 Billion Share Sale by U.S. Treasury Hotels Weigh Staff Safety Issues After IMF Chief’s Case Treasury Sells AIG Shares at Slight Profit Catastrophes Issue Wake Up Call on Supply Chain Risks Ryan Specialty Group Launches LifeScienceRisk Violent, Property Crimes Dropped in 2010: FBI Wells Publishing’s Tinney to Speak on Media Transformation P/C Insurers Facing Record Losses from Weather The Hartford Shedding Bank Used for TARP Bailout Neace Lukens Launches New Energy Consulting Service Crump Promotes Heuer to VP, National Agency Relations Ratings Analyst Views Allstate Buy of Esurance Positively Late April Tornadoes Likely to Affect P/C Insurers’ Earnings, Not Capital Black Lung Disease Rising Again Among U.S. Miners Arthur J. Gallagher Appoints Three to Corporate VP Positions General Star Launches Insurance Agents, Brokers E&O Program Through All Risks Why Companies Try to Herd Shareholder Lawsuits to Delaware How La Nina Might Affect Storm Season Disaster Plan Should Include Social Media, Says Hurricane Center Mitsui Agrees to Pay BP $1.1B Toward Gulf Spill Cleanup CEI Adds Secondary Driver Records to DriverCare Risk Manager Group Study: Largest Hedge Funds Buy More, Pay Less for Lawsuit Protection Prison Case Tests Liability of Private Workers Doing Government Work Best Performing Mid-Sized Commercial Insurers: SNL Agency Salary Survey Reveals Frozen Salaries; Time to Evaluate Compensation Why Bragging May Create a Greater Legal Duty of Care Transocean Investors Uphold Executives’ Liability for 2010 Ryan Specialty Group to Buy Lloyd’s Insurer Jubilee Lexington to Insure Alternative Energy Tax Credits National Interstate Enters Ambulance Insurance Market Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial Oak Street Lending Hires Newton; Promotes Nicholson, McAtee Americans Oppose Accident Response Fees: Insurance Industry Survey Judge Dismisses Shareholder Suit vs Citigroup Execs Over Mortgages Starbucks Sued for Firing Dwarf from Barista Job Submit Today: Top 100 Independent Insurance Agencies Travelers Enhances Coverage for Educational Institutions Verisk Catastrophe Index Now Covers U.S. Earthquake Risk Mississippi River Closed to Traffic at Natchez Toyota Can Be Sued for Reduced Value of Cars, U.S. Judge Rules Supreme Court Hands Corporate Whistleblowers a Setback Bank Holding Company Insurance Revenue Drops 5.7% P/C Insurers Take Hit in Q1 as Hurricane Season Approaches BUA Launches Non-Appearance Event Insurance Agents View Carrier Consistency of Product, Price Critical in Relationship Claims Journal Names Johnson Associate Editor Crump Buys Workers’ Compensation Self-Insurance Firm SFA Weather Pattern Behind Current Mississippi River Flood Similar to 1993 Brooke Corp. Fines Pale Next to Pain Caused by Franchise Scheme Marsh Launches Guarantee, Credit Insurance for Ship Owners House Committee Passes Flood Insurance Extension, Reform Bill White House Urges Congress to Act on Cybersecurity Shareolders Using ‘Say-on-Pay’ Votes in Lawsuits Against Boards Lawyers Eye Data Breach Lawsuits But Damages Uncertain Cost of Fatal Car Crashes by State Safety Advocates, Industry Spar Over Bus, Truck Safety Rules Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota Allstate Reports $1.4 Billion in April Storm Losses Marsh Named Flood Insurance Agency of Year ACE Names Hageman Senior VP for Global Personal, Small Business Claims White House to Propose Cybersecurity Legislation Oversight Council to Take More Time Identifying Systemic Risk Firms S&P Changes Outlook on Navigators to Negative; Affirms Ratings Liability Lawsuits Against U.S. Rating Agencies Dismissed Ironshore Increases Iron-Starr Financial Lines Capacity to $25 Million BOLT Insurance Agency to Distribute Zurich Small Business Products Wal-Mart Facing Job Bias Suit from Fired Cuban Warehouse Workers AIG, U.S. Treasury to Sell Nearly $9 Billion in Stock Surety & Fidelity Association Elects Chubb’s Vispoli as Chair Top 10 States for Dog Bite Claims AIG Shares Fall Further, Put Pressure on Treasury Federal Appeals Court Questions Virginia Challenge to Healthcare Law Caputo, Former Citi Exec and Clinton Aide, Joins Travelers Best Affirms No. Am. Casualty Financial Ratings; Upgrades Debt P/C Insurers Cautious About Adopting New RMS Hurricane Model P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best Most Without Insurance Do Not Pay Hospital Bills: Federal Report Brown Named Chief Marketing Officer for Starr Companies Treasury to Name Federal Insurance Advisory Committee U.S. Appeals Court Hears Arguments Over Healthcare Mandate Today Insurmark, Bankers Insurance Launch Mortgage Lenders Product Brit Insurance Launches Package Policy for U.S. Higher Education Sector Hub International Acquires Two Agencies AIR Estimates Recent Severe Storm Losses at $5.5B E&O Insights: Are Customers Properly Protected for Business Interruption Apple, Google to Face Lawmakers on Privacy Issues AIG Shares Hit Lowest Level in Months Liberty Mutual Posts 14.9% Increase in Net Income in Q1 AIG Reports $1.5B Net Income Loss in Q1 Insurers Fight Over Flood Policies Dropped by State Farm Systemic Firms Will Not Be ‘Too Big to Fail,’ Says FDIC’s Bair Sony Calls on Insurers to Help Pay for Data Breach Markel Programs, Whorton Insurance to Offer Mobile Food Vendor Program Terrorism Risks Lead Professionals to Refuse Business Trips Report: Workers’ Comp Line Deteriorates Further in 2010 Insurers Fight Over Flood Insurance Policies Dropped by State Farm Whistleblowers Not Protected for Media Leaks, Federal Court Rules C-Suite Executives Now Expect More from Risk Managers Brooke Insurance Franchise Executives Settle SEC Fraud Charges Small Business Owners Concerned Over Taxes, Healthcare Issues Survey: Commercial Lines Prices Fall 3% in Q1 Republicans Push to Repeal Healthcare Reform Funds Sony Hires Investigators to Clean Up After Breach Bank Insurance Fee Income Again Reaches Record High U.S. Sues Deutsche Bank Over Mortgage Fraud Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft General Star Makes Changes to Fuel Oil Program Marsh: Captive Owners Bolstered Capital Positions During Downturn Markel Corp. Enhances Not-for-Profit Management Liability Products Ratings Recap: SCOR (US), Majestic Property Rates Expected to Rise From Catastrophes, Revised Cat Model Best Affirms Harleysville Group and Subs Ratings AIR Assesses Catastrophe Risk of Industrial, Renewable Energy Facilities Best Downgrades Universal Casualty; Other Kingsway Subs under Review National News Archives
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