National News for January 2012 Halliburton Wins Ruling vs. BP Over Some Gulf Oil Spill Claims Best Affirms American Service Pool Ratings; Outlook Stable MJ Insurance Launches Golf Program Big “I” and Swiss Re Launch E&O Web Resource Media Firms Could Face Insurance Hikes in 2012 Electronics in Autos Pose New Safety Issues, Scientists Say Consumer Group Charges Auto Insurers with ‘Disparate Treatment’ of Low Income Families Wellpoint Expands Offerings through Alliance with RLJ Agency Compensation Expected to Rise in 2012: Ward Group Peers as Passengers Studies Support Graduated Licenses for Teen Drivers Flood Damage in 2011 May Make 2012 Worse Along Mississippi River Lawyers Jump Into Cruise Ship Disaster Cases Best Revises Chartis, Lexington & Members Outlooks to Stable; Affirms Ratings Best Revises AIG and Subs Outlook to Stable; Affirms Ratings Chubb Posts $452M in Q4 Profit, Approves $1.2B Share Buyback Find Out Who’s Worth What in the Independent Agency System Employment Bias Complaints Against Private Sector at All-Time High: EEOC Increase in U.S. Tort Costs Driven by Gulf Oil Spill: Study BP Must Cover Some Transocean Gulf Oil Spill Damages People Lie More When Texting BP Fails to Shift $15 Billion Gulf Oil Spill Costs to Transocean New AD&D Coverage Available for Riders and Grooms How Insurance Distribution Is Changing Companies Partner on Smaller Earthquake Insurance Risks Scientists Urge More Study of Nanotechnology Risks Tougher U.S. Commercial Market Conditions in 2012: Marsh ACE Risk Management Launches Specialty Transportation Segment January P/C Reinsurance Renewals Flat or Up Slightly: Towers Watson Court Upholds Travelers vs. Reinsurers in Big Asbestos Award Crop Insurance Payouts at a Record $9.1 Billion Report: Most Workplace Homicides Happen During Robberies Ratings Roundup: Montpelier US, Medico, First Sealord, Pathfinder Philadelphia Insurance Adds Coverage for Sleep Centers Travelers: Q4 Profit Down But Pricing Rebounds Sharply New U.S. Consumer Agency Pledges to Avoid Rule Duplication Should Insurers Cover Experimental Treatments? Best Affirms American Modern Home Insurance and Subs Ratings Best Withdraws Harleysville-Atlantic and Harleysville Ohio Ratings Workers’ Compensation Turn a Profit? Fahgettaboudit! Conning: P/C Premiums to Grow 3-4% in 2012 U.S. Nuclear Plants Need Better Safety Against Earthquakes, Floods: Panel Courts Push Back on Foreign Bribery Prosecutions Agents Creating At-Home Insurance Jobs for Disabled Veterans Senate, House Scuttle Online Piracy Bills Veteran Gambled and Won in Starting Own Agency Consumer Group Publishes ‘Insiders’ Advice’ on Filing Auto Claims Munich Re Creates New Coverage for Photovoltaic Manufacturers Group Urges Obama to Address Flood Insurance in State of Union Address What Would Online Piracy Bills SOPA and PIPA Do? Healthcare Individual Mandate Too Weak to Matter, Aetna CEO Says Analyst: BP to Agree to $20-25 Billion Gulf Oil Spill Settlement with Justice Dept. U.S. House Panel to Review Cruise Line Safety Mission Accomplished: Post-Military Job with a Purpose EPIC Expands Coverage for Pizza Delivery Operators Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey E&S Insurance Execs Have Heads Shaved for Good Cause Deloitte Advice for Insurers in 2012: Focus on New Products, Countries Supreme Court Won’t Hear FINRA Immunity Case Walmart Seeks End to Refiled Gender Bias Lawsuit Aon’s Warriors Bring Military Values to Managing Global Risks Liberty Mutual Adds Crisis Management Endorsement Murderer, Fake FBI Agent, Amateur Arsonist Enter Insurance Fraud Hall of Shame P/C Insurance Industry Enlisting Veterans in Talent War P/C CEOs Say Low Interest Rates Push Need for Stringent Underwriting Travelers Broadens Coverage and Raises Limits for Oil and Gas Risks Cruise Ship Victims Can’t Use U.S. Courts: Expert National Hurricane Center Chief Reed to Retire Congress May Revisit Online Piracy Bill After White House Criticism XL Adds Excess Auto Coverage to E&S Product Line General Star Teams up with Pearl for Accountants Program Judge Allows Suit Alleging GE Misled Investors Court Denies Class Action Suit Against American Honda 2012 Off to Bad Weather Start for P/C Insurers Court: Workers’ Comp Bars Iraq Convoy Drivers’ Suit Against KBR, Halliburton Supreme Court Rules Religious Ministers Not Covered by Job Bias Laws Association Offers Liability Enhancements for Orthodontists Supreme Court Upholds Credit Card Arbitration Clauses Internet Begins New Chapter with .yournamehere Domains Federal Reserve Paid Government $77 Billion in 2011 Agents Outline Real-Time Technology Priorities for Carriers 6 Ways to Kill Innovation Without Even Trying Five Star Expands Classes for Business Auto Program National Beer Wholesalers Association Names BevCap as Program Manager FIO’s McRaith: 150 Comments Received on Modernizing Insurance Regulation Outpatient Costs Higher in States Without Fee Schedules: Workers’ Comp Study States Need to Regulate Litigation Financing Industry: Professor CFC Underwriting Develops Cloud Coverage Waked Succeeds Addeo as CEO at Confie Seguros Federal Risk Retention Law Needs Clarification: Congressional Report 5 Strategies for P/C Insurers for 2012 Supreme Court Walmart Ruling Shakes Up Employment Class Actions ‘Like’ Facebook in Driver’s Seat? Mercedes Offers App Inside Cars Board Finds Certain Mandatory Arbitration Clauses Violate Federal Labor Law Zurich Expands Agribusiness Footprint Breckenridge Creates Program Business Underwriting Facility 2012 Commercial Lines Ratings Outlook Negative: A.M. Best SEC Changes Its Settlement Language Where Criminal Violations Admitted Whistleblowers Earn a Record $532 Million in 2011 White House Defends Health Care Law As ‘Response to Crisis’ PPIB Launches Outpatient Medical Facilities Program Report: Liberty Mutual Failed in Bid to Buy Harleysville Insurance Buyers’ Choice: Bigger Premium or Bigger Risk Momentous Insurance Brokerage Launches Equine Specialty Practice As Consumer Power Goes Viral, Risk of Reputational Damage Grows Aging Workforce May Not Be So Bad for Workers’ Compensation, Says NCCI Insurance Veterans’ Forecasts for 2012 TechAssure Launches Website for IT Coverage President Obama Signs Pipeline Safety, Airport Security Bills Willis Rebrands Executive Risks as FINEX North America On-Duty Firefighter Fatalities Decreased in 2011 John Hancock Financial Joins Travel Insurance Marketplace Obama to Name Cordray Consumer Bureau Head in Recess Appointment Ruling Boosts Bond Insurer MBIA’s Fraud Suit Against BofA’s Countrywide Drunk Driver Test? There’s an App for That Allstate Offers Claim Satisfaction Guarantee Ground Shifting for Medical Liability Insurers: Moody’s Hiring Executives: How to Move Beyond First Impressions Securities Class Actions Steady in 2011; Surge Against Chinese Firms Schinnerer Launches E&O Policy for Artisan Contractors National News Archives
Sign up to receive insurance news alerts!
Andrea WellsAgency Compensation Playbook: 2013 Agency Salary Survey
Andrew G. SimpsonHow Process Improvement Drives Agency Profitability
Stephanie JonesThe Acquisition Cycle
Don JerglerIndustry Predictions
Chris BurandReasonable Compensation
