National News for May 2008 Report: Technology Critical for Insurers Targeting ‘Millennial Generation’ State Regulators Consider Centralizing Insurance Market Conduct Reporting Beazley Tailors Employment Liability Policy for Professional Firms Good Time to Lock in Property Insurance Pricing, Advise Brokers FEMA Emergency Housing Options Include Pre-Fabricated Cottages For Emergency Planners, Hurricane Forecasts Have Limited Value Best Takes a Number of Rating Actions on AIG and Subsidiaries U.S. Risk Launches MedTour Pro for Medical Tourism Industry Merck Reports Texas Court Reverses Vioxx Injury Decision Ratings Recap: Republic Western, Benchmark, Companion, Auto Owners, LEMIC, Clearwater, Nodak Viacom Copyright Suit Against YouTube Called Threat to Online Media State Regulators Call for More Study of Credit Scoring Use in Insurance Best Affirms Hanover Fire’s ‘B+’ Rating; Revises Outlook to Negative K&K Insurance Offers New Event Cancellation Program CGL Extends Coverage for Injury Arising from Defective Construction Venbrook Insurance Services Makes Two Staff Appointments Lawsuits Against Lenders Accelerate Amid U.S. Housing Crisis Prosecutors Seek Jail Term for Former Trial Attorney Weiss Expect Above Average Atlantic Hurricane Season, Say Forecasters Chubb Executive Motamed to Become CEO for CNA in 2009 Best Affirms Hartford’s ‘A+’ Ratings Ratings: Triad, Crawford, Liberty (Debt), Nat’l. Lloyd’s/Summit, Grange Mutual, Horace Mann, American Community Anti-Bias Laws Cover Retaliation Claims, U.S. Supreme Court Rules Trucking Under the Influence: Is a National Clearinghouse Needed? S&P Removes AIG from CreditWatch; Rating Outlook Remains Negative Hanover Enhances Towing, Rental Car, Other Personal Lines Benefits FBI Says Fighting Financial Crimes a Priority; Insurance Cases Top 200 FDA Unveils Plan to Track Safety of Drugs, Medical Devices Travelers Forecasts 2008 Operating Earnings at Lower Range Nobel Peace Prize Winners Honor Catastrophe Model Pioneer Clark Study: High Prescription Drug Costs Help Lower Other Medical Costs The Hartford Appoints Fitzpatrick Senior V.P. for Middle Market Ratings Recap: Triad, Truckers, Genworth, Arrow, American European, America Fuji, Farm Bureau, American Farmers Even Rich Feel Pinch as U.S. Economic Woes Move Up Income Ladder Venture Names Shaffer, VP of National Sales & Marketing Survey: Program Market to Remain Vibrant in 2008 Insurance Industry Celebrates Women’s Achievements Research: Nanotubes Could Pose Asbestos-Like Cancer Risk Judge: Evidence Showed Greenberg Phone Call in AIG/General Re Case Lower Seat Belt Use After Dark Results in More Nighttime Fatalities Memo to State Insurance Regulators: Pack Your Bags! Judge Rejects New Trial for Convicted Gen Re, AIG Executives Contract Dispute Could Force Insurance Group to Drop Ritzy Greenbrier Resort Ratings Roundup: Liberty Mutual, PMA, Selective, Lititz, Brethren Best Affirms Selective’s ‘A+’ Ratings A.M. Best: Credit Woes May Cause Turbulence in Catastrophe Markets AIG Investors, N.Y. Regulator Mull Former CEO Greenberg’s Words Americans Claim to be Safe Drivers, Even While Distracted $3M Ohio Mold Decision Kindles Coverage Questions ACE USA Expands Professional Insurance Products to Public Officials Ex-AIG Chief Greenberg Voted Against AIG Board of Directors Re-Election PIA Promotes Besesparis to SVP, Communications House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs Report: Bush Administration Rulemaking Limits Consumer Lawsuits Study: Moderate Income Households an Untapped Insurance Market Insurance Advisory Organization, AAIS, Revises Boatowners Program Ratings Roundup: AIG-Equity, MBIA, Great Lakes, Country-Wide, Infinity, Allstate, Farmers Mutual (Nebr.) Congress Urged to Back Drugmaker Liability Suits Main Street America Group Acquiring Michigan’s Great Lakes Casualty Oracle Buy of AdminServer Seen Triggering Insurance Tech Mergers Confessions of an Insurance Geek and the Future of MyNewMarkets.com Rapid Coastal Growth Places Urgency on Hurricane Forecasts, Chief Says House, Senate Must Work Out Differences in Flood Insurance Bills Fireman’s Fund Adds Green Coverage for Manufacturers New Hanover Insurance Program Targets Real Estate Owners, Managers Appeals Court Overturns $7.75 Million Vioxx Verdict AIG Chairman Says Board Stands by CEO Sullivan First American Spatial Solutions Releases Flood Catastrophe Model Liability Costs for Long Term Care Industry Stabilize, Aon Reports Rise in Construction Accidents Prompts Review of Federal Agency, OSHA AIG Rejects Ex-CEO Greenberg’s ‘Crisis’ Call for Delay of Annual Meeting FedEx Holder Sues Board over Contractor Classification Problems Ratings Roundup: Travelers, Haulers Senate Rejects Adding Wind Coverage to Flood Insurance Program, 73-19 U.S. Tornadoes Take at Least 21 Lives, Destroy Homes, Power Lines $400 Billion Apartheid Damage Claims Against 50 Firms to Proceed Zurich Names Riordan New President of Surety, Credit, and Risk Group Greenberg’s Starr Foundation Sues AIG, Alleging Fraud over Credit Losses S&P Lowers AIG’s Ratings; On CreditWatch/Negative Brownyard Renames Salon Program; Adds Meadowbrook as New Market Markel Corp. Names Markel, Vice Chairman; Springman, President Marsh Offering Wind Insurance Product for Financial Losses U.S. Lists Toxic Substances Tied to Occupational Diseases on Web Site University Research Aims to Improve Tornado Predictions Siesko Partners Joins with NIP to Offer Independent Director Products Execs Say More Can Be Done to Attract New Industry Talent Ratings Recap: Calif. Auto/Mercury, Arrowhead, Louisiana Farm, Chubb, Triad AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too AIG Seeks New CFO as Bensinger Moves to Financial Services Safeco and Costco Partner to Offer Business Insurance in Test States Top Agencies Have Strategies to Weather Soft Market CRM First Quarter Reflects Self-Insured Group Closings in N.Y. Senate Advances Renewal of Flood Insurance without Wind Coverage S&P Affirms Berkshire Hathaway’s ‘AAA’ Ratings; Outlook Stable Marsh Sees First Quarter Bump in Revenue, New Business New Berkley Unit Targets Asset Protection Including Fine Arts, Jewelry Liberty Mutual Group First Quarter Results ‘Solid’ The Hartford, Progressive Team Up on Community Banks Insurance Package Ratings: Great Northwest, General Atlantic, Penn National, Rockford, Radian, Triad, Navigators Adding Wind to Federal Flood Insurance Invites Trade-Offs Brokerage to Assist Agents Developing New Insurance Programs Congress: Civilians Working in War Zones Face Claims Hurdles Tower Group Shows Strong Quarter House, Senate to Confer on Differing Product Safety Bills Berkshire Hathaway Net Off 64% on Derivatives, Insurance U.S. Insurers Face Uphill Battle to Alter Foreign Insurers’ Tax Break Yahoo May Face Lawsuit Flood after Microsoft Talks Collapse Insurance Agent, Educator Boggs Joins MyNewMarkets.com Main Street Insurance Agents Facing ‘Trojan Horses,’ Says Agent Leader AmWINS Acquires Beacon Risk Strategies Unum Group Reverses 42% of Reviewed Disability Claims Buffett to Draw Biggest Crowd Ever for ‘Woodstock for Capitalists’ Davidow, Shea Picked to Lead Medicus Insurance Company American Collectors Insurance Names Three VPs Arthur J. Gallagher Acquires N.J. Employee Benefit Broker RSI ISG’s Pacific Wholesale to Acquire E.L.M. Insurance Brokers Democrats in Senate Seek to Raise OSHA Penalties on Employers Hanover Insurance Grows Commercial Lines, Shrinks Personal Lines in 1Q Wells Fargo Acquires Insurance Premium Finance Firm Flatiron Katrina Plaintiff Lawyers Deny Infiltrating State Farm Database National News Archives