National News for November 2007 S&P: Softening Prices Should Start To Affect U.S. Commercial Lines Insurers Aon eSolutions Group Names Holden Chief Information Officer U.S. Grand Jury Indicts “Dickie” Scruggs in Suspected Bribery Scheme Regulators Clear Sale of James River To D.E. Shaw Group Navigators and Smith, Bell & Thompson to Offer Lumber Program Hurricances Spare U.S., Leaving Officials Worried About Public Apathy, Flood Policy Nonrenewals Lawsuit Filed Against Iowa-based Insurer for Churchgoing Christians Zurich Adds 100 Small Business Workers’ Comp Classifications Philadelphia Insurance Goes Paperless InsuranceNoodle, ACE USA Team Up to Offer New Products S&P: Discipline Will Be The Key To Insurers’ Success in 2008 Darwin Pro to Acquire Florida’s Agency Marketing Services Rating Recap: Chubb Corp. Houston Group to Handle Marine Cargo Business for OneBeacon Sub Lexington Ups Capacity on Bio-Chemical Terrorism Coverage S&P Announces Rating Actions on Five Major Mortgage Insurers NCOIL Names New Officers Report: Corporate America Making Strides on SOX Compliance ACE USA Rebrands INAMAR as ACE Recreational Marine Insurance Legislators Adopt Model Law to Strengthen State Guaranty Funds Chubb Offers New D&O Policy with Board Committee Endorsement Ratings Recap: Progressive, Proformance Ratings Roundup: General Agents, Torchmark, PMA Capital IIF Insurance Committee To Be Chaired by Execs from AIG, ING, Zurich Markel Risk Solutions Names Hubbard V.P.; Promotes Glancey Venture Adds Military Housing Program With Travelers Insurance Compact Adopts ’08 Budget Best Announces Rating Actions on White Mountains Subsidiaries Survey: 96 Million Households Lack Knowledge on Protecting Electronics Multi-State Settlement Obtains Benefits for Victims of Race-Based Policies Federal Report Finds Millions in Wasteful Spending on FEMA Trailers OSHA Rules Employers Must Pay Cost of Workers’ Safety Equipment Data Mining Tools Can Achieve Results When Used Correctly Study: Safety Belt Use Still Important Senate Approves Terrorism Backstop Extension Nas Insurance Services Offers Medical Malpractices Facility Actuaries Have Special Role When Explaining Credit Scores and Losses Thomas to Direct Federal Mining Administration Accountability Office Ford, Honda Named Safest Vehicles Markel to Open New Onshore Energy Casualty Unit Watson Wyatt: P/C Market to Remain Soft in 2008 Lexington Offers Green Upgrade for Residential Coverage Agents Tell Treasury Financial Regulation Study Questions Biased NIF Group, NOVA Casualty Offers New Program for Social Service Agencies Marine Rates Drop Another 2% in 3Q Aon: Most Global Organizations Lack Fully Integrated ERM Strategies AIR Releases Updated Version of U.S. Terrorism Model Integro Names Three Practice Leaders Survey: Corporate America Lags Behind in ERM Implementation U.S. Report: Fewer Work Days Being Lost Due to Injuries, Illnesses Ratings Roundup: Ancon, PARIS RE (US), Allianz (US), Fireman’s Fund Kaufman Financial Group, Burns & Wilcox Add 5 New Vice Presidents U.S. Risk Names Stanislaw VP, Lighthouse Underwriters Bill Would Provide Incentives for States to Enforce Stronger Building Codes Progressive Car Insurance Adds Collision Benefit for Pets OneBeacon Technology Product Now Covers Data Privacy,Communications Senate Bills Offer Tax Credits, Loans to Help Property Owners Hit by Disasters Willis Analyzes ‘Subprime Crisis’ Feds Reclassify 2005 Death as a Mining Accident Merck Settles Vioxx Lawsuits for $4.85 Billion Without Admitting Fault Looking for Profits at Marsh Agency Ideas Newsletter Introduces New Sales Web Site for Agents Ratings Roundup: MMC (Marsh), American Safety, Stockbridge Great American Adds Storage Tanks to Marina Package Reinsurers Blast Federal Disaster Backup Plan Advancing in Congress Houses Passes Federal Disaster Insurance Measure Opposed by Bush Goldfarb Joins Benfield Consumer Product Safety Commission “Needs Help,” Critics Say Citigroup Inc., Former CEO Sued Over Subprime Mortgage Losses Lloyd’s Counsel Decries ‘Red Herring’ Objections to Collateral Reform PIA’s Branding Program for Insurance Agents Wins Additional Awards Progressive Changes 10,000 Agencies’ Signs Marsh 3d Quarter Disappoints Cherkasky AIG 3d Quarter Profit Down 27%; Vows Mortgage Exposure Under Control Ratings Roundup: AmCOMP, Alliant Feds Propose Concrete Pipe System for Escaping Mines Sens. Clinton, Nelson Introduce Homeowners Defense Act to Address Cats Study Targets Prescription Savings in Workers’ Comp for Chronically Injured PCI Insurers Urge State Regulators to Drop Securities Rating Assessment Fitch Releases ‘Prism Scores’ for 99 U.S. Insurance Groups Bush Panel to Recommend Mandatory Recalls of Unsafe Products Ironshore Hires 3 Key Executives for Professional Liability Unit IronPro National Crime Bureau Offers Free VINCheck for Unrecovered Vehicles Grace Asbestos Claimants Submit Alternative Bankruptcy Plan CNA Gives Restructuring Details Sloan Mason Offers Pipeline Construction Casualty Package Ratings Recap: Hingham, Beazley (US), Kanawha, Genworth Mortgage James River Stockholders Approve Sale to D.E. Shaw Catastrophe Modeling Pioneer Clark Advises on Insurers’ Best Practices Navigators Introduces Coverage for Securities Brokers/Dealers Travelers Expands Directors & Officers Coverage Swett & Crawford Names Deputy General Counsel Assurex Global, National Alliance Create International Insurance Program Report: Global Warming to Worsen Coastal Insurance Woes Cargill Recalls 1 Million Pounds of Beef Possibly Tainted by E coli Greenberg Takes Aim at His Former Company, AIG HCC Appoints Lukefahr Vice President, Chief Information Officer Lloyd’s Holds Conference on Terrorist Threats in New York Ratings Roundup: Commerce, Northwind, Harbor Point Re (US) Under Pressure, NASA Vows to Reveal U.S. Aviation Safety Problems U.S. Employee Sues Japanese Ad Firm Alleging Offensive Sexual Activity Aon Cutting 2,700 Jobs in Overhaul Aimed at Saving $240M Annually Study: Boomers to Affect Workers’ Comp in Long Term Care Industry PPIB Enhances Medispa Program Berkley Net Underwriters Names Risen, Douglas to Marketing Posts Harleysville Reports Continued Double-Digit Growth for 3d Quarter International, Personal Lines Drive Liberty Mutual 3d Quarter National News Archives
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