National News for July 2008 Acquisitions, Lower Premiums Affect Hilb Rogal & Hobbs Q2 Genesis Underwriting Promotes 3 Execs: Eaton, Williams, Hogan Willis Net Income Down 50%; Revenues Up 6% in Q2 CustomPak from Harleysville Targets Small, Middle Market Firms LIU Creates D&O Coverage to Protect Against Global Warming Litigation Best Affirms HCC’s ‘A+ Ratings; Outlook Returned to ‘Stable’ The Hartford Unveils National Coastal Home Insurance Plan HUB International Names Vucovich President, Brokerage Shared Services Senate Banking Committee Urged to Back Federal Insurance Regulation Survey: Private Firms More Exposed to Liability Risks, But Less Protected Safeco Shareholders Approve Liberty Mutual Merger Hartford Insurance Results Dip in Q2 Due in Part to Tornado Claims OSHA Issues 3rd Largest Fine Ever Against Texas-Based Imperial Sugar Chubb: Patience and Promise in China Workers’ Compensation History: The Great Tradeoff! Ratings Recap: Am. Merchants, LandAmerica, RSUI Indemnity Premiums, Net Income Decline for Safeco in Q2 Under The Microscope: Spitzer-Era Ban On Insurer Fees A.M. Best: Med-Mal Leads Captives’ Premium Decline International Brokerage, HM Risk Group, Opens Doors No Rating Change for Allstate after Loss Says S&P Democrats Press Labor Department on OSHA Rule on Chemical Exposure Morris Named President of James River Insurance Coastal Texas Begins Clean-up After Hurricane Dolly Chubb Q2 Premiums Flat; Cat Losses Adversely Impact Financial Results Shift to Smaller Cars Raises Safety Questions, Insurance Group Says Liberty Mutual’s Q2 Profits Up; Combined Ratio at 98% Report: Toyota Tacoma Safest of Small Pickups B&B Programs Launches Art Elite Program Chubb: Lessons in Globalizing an Insurance Brand Storm Losses Erode W.R. Berkley Net Income in Q2 Allstate Insurance Q2 Profit Plunges on $698 Million in Catastrophe Losses What AIG’s Fall and New CEO Mean for the Insurance Industry Tokio Marine to Acquire Philadelphia Insurance for $4.7 Billion Travelers Weathers Q2 Catastrophe Losses; Combined Ratio at 89% Irwin Siegel Offers New Coverages to Fill Gaps in Social Service Programs Study: U.S. Entrepreneurs More Optimistic on Taking Risks Study: Security Flaws Widespread in Online Banking Car Buyers Can Get Totaled Car Data from Liberty Mutual and Carfax Medically Unfit Truck, Bus Drivers Still on U.S. Roads, Study Finds Travelers Introduces First Electric Boat Discount HCC Insurance Settles Stock Options Complaint with SEC Knight Succeeds Retiring Ryan as Aon Non-Executive Chairman Venture Insurance Names Rogers Managing Director of Specialty Property Swett & Crawford Names Spivey Marketing Manager for Risk Reducers AIG Sets Pay, Bonus Target for New CEO Willumstad DarwinPro Insurance Covers Firms’ Data Privacy, Network Security Liability Credit Seen Drying Up for Main Street Small Businesses U.S. P/C Insurers’ Catastrophe Losses for Q2 Double to $6 Billion; Average Claim $5K Reynolds Named President of United National Group Files for Unemployment Insurance Grow Amid Economic Slowdown GAO: Flood Program Lacks Funds to Face Future Apex Global Partners Names Packer CFO and Brock COO 2008 All-Star Game Was Mathematical Marvel, Says Statistics Professor Bipartisan Bill Targets ‘Cozy’ Ties Between Airlines, Safety Agency Bush Administration Highway Chief Nason Resigning in August Carvill Sees Rising Interest in Trading for Hurricane Derivative Products Lockhart Resigns as Kinloch Insurance CEO; Genatt Takes Over Erie Insurance Appoints Chubb’s Cavanaugh as President, CEO Zurich Launches Web Site on Technology Risks PointSure Acquires Black/White & Associates Allied Insurance Brokers Launches New Scaffolding Program Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy Insurance Legislators to Regulators: Slow Down Market Conduct Plan Occupational Fraud Costing U.S. Organizations 7% of Revenues, Examiners Report Liberty Mutual Says Safeco Merger on Schedule A.M. Best: Few Companies Excel at Managing Through Market Cycles Ratings Recap: White Mountain Insurance Gets an ‘A’ NAS Insurance Services Expands Abuse/Molestation Coverage Lexington Launches Truck Broker Liability Coverage Study: Buyer Satisfaction Better When Local Agent Plays a Role Conning Research: Insurers’ Financials Strong Despite Price Deterioration Even Buffet’s Berkshire Hathaway Finds Itself in Bear Market Credit Rating Agencies Fending Off Lawsuits from Subprime Meltdown Blogs Can Get Insurance Clients ‘SLAPP’ed! AIG Targets Agribusiness Market Regional Brokerages Not Immune To Slump, Execs Say AIG, Other Mortgage Insurers’ Stocks Fall on Mortgage Loss Fears S&P Advises Floods Could Lead to Ratings Actions on Midwest-Focused Insurers Wausau Survey: Employers Stay Level Headed Despite Recession Worries K&K Insurance Offers Admitted Market for Sports & Rec Facilities Watchdog Group Ranks Insurers on Consumer Friendliness and More Acceptance of Capital Modeling Grows; Requires Understanding of Use, Limits House Subcommittee Moves Key Federal Insurance Regulation Bills Harleysville Insurance Hammered by 2d Quarter Catastrophe Losses Attention Golfers: Submit Photos Today! Congress Debates Regulation; Treasury Urges Federal Insurance Option Weather Claims Hurt Progressive Insurance 2d Quarter Philadelphia Insurance Broad Form Has Adoption Agencies Covered Strengths and Weaknesses, Part 2: What Agents Think of Regional, National P/C Insurers Actuaries Urged to Play Broader Role in Mergers, Acquisitions Honda Civic, Accord Top 2008 List of Most Stolen Cars Colo., Texas Lead the Top 10 Most Tornado Prone Areas Research Model Helps Gauge Storms’ Intensity with Climate Change Interview: N.Y.’s Dinallo Sees Insurance Exchange Open by 2009 U.S. Supreme Court Seen Siding with Business on Key Issues Insential Appoints VP/Brokers in Northeast, Southeast, Midwest PartnerOne Offers 4 New Environmental Insurance Products State Auto Enhances Employment Practices Liability Insurance Program Sustainability Risks Create Challenges for Actuaries Bertha Becomes 2008 Atlantic Season’s First Hurricane NSM Adds New Agents, Accountants Professional Liability Programs HCC Appoints Kaiser President of Houston Casualty and U.S. Specialty A.M. Best Places Cincinnati Insurance Under Review Mortgage Rescission Could Be Class Action Nightmare for U.S. Banks Hooper Holmes Sells Claims Evaluation Division New York Taking Steps to Revive Insurance Exchange for U.S. Employers Accused of Using Federal ERISA Law to Deny Benefits Nation’s Insurance Commissioners Search for New CEO; Weatherford Exits Allied American Underwriters Launches High Value Home Insurance Program U.S. Government Ignores Own Advice on ID Theft Prevention U.S. Midwest Floods Show Impact of Global Warming, Say Conservationists Insurance Crime Bureau Web Site Lists Total Loss Vehicles S&P Raises Markel’s Ratings to ‘BBB’ From ‘BBB-’; Outlook Stable Keely Named VP of Markel Essex Ocean Marine Unit Ratings Recap: Darwin, Cincinnati Financial, Arch Indemnity, Prospect U.S. Agriculture Chief Cites Obstacles to Aid to Farmers Hurt by Flooding Use of ’100 Year’ and ’500 Year’ Flood Terms Misleads Insureds, Say Officials Crump Rebrands BISYS Specialty as Five Star Specialty Programs America’s Safest Drivers Travel the Roads in America’s Heartland Study: Call Center Issue Resolution Drives Loyalty, Retention, Satisfaction Swett & Crawford Launches New Truckers Accident Program Conning Research: P/C Loss Reserves Position Deteriorated in 2007 AIG Pays Former CEO Sullivan a Severance Package Worth $47 Million National News Archives
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