National News for October 2009 Towers Perrin Names Levene Retail Insurance Brokerage Leader House Healthcare Overhaul Unveiled Facebook Awarded $711 Million Damages in Anti-Spam Case Research Can’t Yet Explain Link of Chinese Drywall to Home, Health Woes CNA Appoints Rutkowski Senior Vice President, Commercial National Flood Insurance Program Extended Until Dec. 18 Donegal Mutual, Southern Mutual Finalize Pooling, Marketing Affiliation Aon’s Q3 Net up Slightly at $120 Million; Other Results Mixed Insurer Harleysville Posts 488% Q3 Profit Gains to $24.7 Million Carroll, Jarratt and Lee Added to PCI’s Board of Governors Where to Find Coverage for Increasing Data Breach Exposure House Healthcare Bill Has Public Option, Individual Mandate, Surtax Obama Administration to Reconsider Trucker Safety Rule on Hours Distracted Pilots Becoming Aviation Safety Worry After Laptop Incident Jones Joins Consultant InStrategy as Managing Director of Retail Practice Financial Regulation Bill Unveiled; National Insurance Office Put Off W.R. Berkley Reports Q3 Profit; CEO Sees Turn in Cycle ‘Inevitable’ AIR Involved in 80% of $2.1 Billion in Catastrophe Bonds Issued in 2009 How Software-As-Service Helps Agents Do More With Less U.S. Insurance Commissioners Host 13 International Regulatory Interns House Panel Advances Bill on Credit Rating Agency Liability Ratings Recap: Beazley (US), Prism Liberty Mutual Posts $265 Million Q3 Net Income; $1 Billion for 9 Months Ex-Anheuser Busch Executive Sues, Alleging Gender Bias Against Women Three Ex-Marsh Executives Acquitted in Bid-rigging Case U.S. Says Chinese Officials Helping with Probe of Tainted Drywall U.S. Senate Healthcare Bill to Include Public Option with State Opt-Out Aon to Acquire Carpenter Moore California Brokerage Offers Graphic Design Program Attack on Health Firms Is Assault on All Private Insurance, Warns P/C Chief Guy Carpenter Finds Merger Interest with MGAs, Program Managers AIG Approved to Pay $12 Million Delayed Executive Retention Awards U.S. Warned to Prepare Now for Disasters Caused by Global Warming AIG CFO Defends Bailout; Says ‘Grateful’ for Taxpayer Help Experts Say Antitrust Repeal Unlikely to Spur Health Insurance Competition U.S. Healthcare System Wastes Up to $700-$800 Billion a Year: Reuters Chubb Profit Surges on Weak Hurricane Season in Q3 Pay Czar Slashes Compensation for Top 25 at AIG, Other Bailed Out Firms AIG CEO Benmosche Reassures Employees on Pay Senate Democrats Mull State ‘Opt Out’ Public Health Option as Compromise ISG Offers Banks, Investors a Program for Unfinished Real Estate Rockhill’s New Underwriting Division to Focus on Healthcare Industry Newsome Joins U.S. RE in New York Ratings Roundup: MAPFRE Florida, Selective (stock/debt) P/C Insurers Look to Avoid Federal Consumer Protection Agency Torus Specialty Increases Liability Capacity; Adds Regional VPs in U.S. The Hartford Settles for $1.3M in Price-Fixing Suit Healthcare Battle Turns to Antitrust Law for Malpractice, Health Insurers Analysts Forecast Healthy Q3 Reports from Insurers Markel’s Latham Honored by NAPSLO Miller Named President-Elect by Academy of Actuaries 2010 Looks to Be Painful Year for P/C Insurers, Brokers: Advisen Takata Joins CNA’s Technology Unit Search Is On for Medical Malpractice Reform Without Strict Award Limits Torus Specialty Expands Umbrella, Excess Liability Placement Capability Drop in Catastrophe Losses Leads Travelers to Strong Underwriting Gain Researchers: Hurricane-related Power Outages Can Be Predicted Top Executives at AIG Financial, Other Bailed Out Firms to See Pay Cuts House Panel Reshaping Credit Rating Agency Liability Bill Obama to Boost Small Business Lending RLI to Expand Healthcare Liability Coverage AmTrust to Invest $42 Million in ACAC Acquisition of GMAC P/C Insurance ACE Private Risk Offers Discounts for Home Water Damage Prevention Study: Workers’ Compensation Public Options Outperform Private Industry Madoff Investors Add KPMG, MassMutual, Major Banks to Lawsuit 3 States Accuse FedEx of Misclassifying Drivers as Independent Contractors How to Keep Workplace Friendships from Jeopardizing Your Job Republicans Seek to Add Malpractice, Kill Individual Mandate in Health Bill Last Call for Participation: Insurance Agents’ E&O Survey Bayeux Joins Aon Risk Services as Managing Director Hartford Steam Boiler Enables Quicker Quotes from Agencies Obama Poster Artist’s Admission Undermines ‘Fair Use’ Copyright Case Q&A with Ironshore’s Kelley: Why He Left AIG and His Plans for Ironshore El Nino to Influence U.S. Winter Weather– Or Not, Say Forecasters Ring Joins National Contractors Insurance as Sales, Marketing Director Supreme Court Notebook: Judges as Umpires of Lawyers’ Compensation Studies on Possible Link Between Mobile Phones and Cancer Vary Widely Two Madoff Victims Sue SEC For National Boss Day, Some Advice for Employees with Bad Bosses Risk Services Expands Workers’ Compensation Program Unit Nationally AAU Rolls Out New Grocery Store Program P/C Insurance Company Salaries Holding Steady Obama Official Questions Need for Insurance Antitrust Exemption Zurich Appoints Enelow Global Financial Lines Practice Leader Agents’ E&O: What Do YOU Know? Participate In Insurance Journal Survey Now Risk Managers Call for Insurance Broker Compensation Disclosure Senate Panel Passes Healthcare Bill Comparison of 2 Senate Committee Health Bills Private Equity Fund Aquiline Acquires Consultant Conning from Swiss Re Chartis Global Energy Forms Dedicated Unit for Logistics Firms Rockwood Programs Lowers P/C Agency E&O Minimum Premiums U.S. Issues Rules to Protect Patients’ Genetic Information Do Cell Phone Bans Change Driver Behavior? AIG Being Pressured to Lower Employee Retention Bonuses Insurers Happy About Quiet Atlantic Hurricane Season White House Blasts Health Insurers’ Report on Costs of Reform Bill Senate Finance Panel to Vote Today on Healthcare Reform Bill Judge: Stanford, Others May Seek Defense Fees From Lloyd’s D&O Policy Cat Bond Market Set for Active Fourth Quarter, Reports Guy Carpenter Medical Lawsuit Curbs Would Save Billions, Congressional Study Finds Western Security Surplus Forms New MGA Facility 10 U.S. Mine Operators Warned on Safety Mississippi Court Rules Home Insurance Policy Covers Hurricane Wind Damage Recession Does Not Stop Brokerage Market Consolidation Healthcare Quality Varies Widely By State, Study Finds Successful IPO by Insurance Firm Verisk Analytics Stirs Hopes for More Allstate Agents Petition IRS for Review of Independent Contractor Status Democrats’ Bill Would Reverse Supreme Court on Age Bias Berkley Forms Domestic Energy Industry Insurance Unit ISO Parent Verisk Analytics Raises $1.88 Billion in IPO Contrarian Insurance Executive Hits Hartford’s CEO Choice as ‘Outsourcing’ States, Industry Worried Federal Insurance Office Would Regulate Employers Plan Big Changes for Employee Medical Plans for Next Year Software Firm Ebix Acquires E-Z Data for $50 Million Trustee Sues Madoff Family Members for $198 Million Mutual Insurers Positioned for Growth But Some May Need Partners U.S. Supreme Court Justices Face High-Profile Cases As New Term Opens How the Great Recession is Changing the American Workplace Medical Malpractice Insurance Market Stable But Faces Challenges Ahead A.M. Best Sees Rise in Bank Failures Ironshore Launches Life Sciences Industry Insurance Practice Study: Customers Happier with Homeowners Insurers House Panel Releases Bill Creating Federal Insurance Office Not Business As Usual: AIG to Hold Low Cost Conference for Financial Advisers Small Business to Congress: Fix Health Insurance Now! 5 Harsh Marketing Warnings for Today’s Tough Times Strong Earthquakes Abroad Could Weaken Geologic Faults in U.S. Does Birth Order Determine Willingness to Take Economic Risks? Independent Agencies’ Overall Growth Down But Personal Lines Up Best Affirms QBE’s U.S. Subsidiaries Ratings; Upgrades North Pointe Rating Agencies Tell Congress Increased Liability Is Unnecessary Suits Against Bush Officials Challenge Personal Immunity from Rights Claims Driver Distraction Costs 6,000 Lives a Year; Many Teens AmWINS Names Francavilla President of Program Underwriters Aflac Completes Acquisition of Continental American Insurance Commercial Buyers Remain Winners In Current Insurance Market Federal Flood Insurance Program Granted Temporary Extension 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
