National News for December 2010 Test Your 2010 Insurance News IQ: 25 Questions Miller, Shoemaker Join InVEST Board Ratings Recap: Meadowbrook, C.P.A. Obesity Increases the Risk of Disabling Workplace Injuries How to Fix Nation’s Flood Insurance Program BP’s Gulf Spill Costs Look Manageable 8 Months Later 2010 Was Year of 20 Million Recalls for Car Makers Report: Questionable Insurance Claims Increased 12% Top 5 Things Affecting Excess & Surplus Market in 2011 BP’s Gulf Spill Costs Look Manageable 8 Months Later How to Fix Nation’s Flood Insurance Program Reinsurance Renewal Rates On the Decline, Reports Claim Best Puts Clarendon’s Ratings on Review/Negative for Enstar Sale Best Affirms Progressive and Subs ‘A+’ Ratings; Outlook Stable Best Affirms USAA and Subs ‘A++’ Ratings; Outlook Stable BIS Launches Lenders Misrepresentation Insurance Report: Some Insurers ‘Low-Balling’ Auto Insurance Claims for Bodily Injury Inspections Reducing Mine Safety Violations: U.S. Official BP Oil Spill Fund Pays $43 Million in ‘Quick Pay’ Claims Best Affirms Transatlantic Holdings and Subs ‘A’ Ratings of AIG, Chartis Sign $4.3 Billion Credit Agreements New Year’s Day Top Working Holiday for Car Thieves Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage Allstate Sues Bank of America Over Countrywide Mortgage Losses Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR Ratings Recap: Beazley (U.S.), Atradius Trade Credit, HDI-Gerling America 12 Days of Riskmas: An Insurance Broker’s Story Democratic Congress Productive But Unpopular New York Suit Against Ernst & Young Fills Regulatory Gap Change the Holiday Slump to the New Year Jump AIG to Pay States $146 Million In Workers Compensation Settlement 12 Days of Riskmas: An Insurance Broker’s Story SPECIAL REUTERS REPORT: Inside AIG’s Tortuous Turnaround Health Insurers Face New Scrutiny Over Price Hikes Top Brokers, Munich Re Pool Efforts to Expand Insurance for Oil Drilling New York Suit Accuses Ernst & Young of Hiding Lehman Troubles President Obama Expected to Sign Food Safety Overhaul Bill Big ‘I’ Markets, ARMR Launch Storage Tank Product Feds Pursuing Fraud Charges Against Oil Spill Claimants in 5 States Industry Saw Profits Rise Through First Three Quarters of Year Best Affirms AIG, Domestic P/C and Life Subsidiaries Ratings The Hartford Selling Third Party Claims Unit for $278M New York May Sue Accountant Over Lehman Collapse U.S. Treasury’s AIG Fix-It Man Ready for Next Assignment U.S. Treasury Plans 2 Large AIG Stock Sales in 2011 Endurance Coverage: Top 10 Insurance Cases of the Year Ullico Casualty Increases Fiduciary Liability Limits Why Top Performing Agencies Focus on Compensation Expenses Ironshore, BLIS Offering Medical Liability for Specialty Surgeons 2010 Insurance Entrepreneurial Award Winners Selected Lexington, National Equipment Register Fight Equipment Theft Property, Violent Crimes Decline in U.S. in First Half 2010: FBI Study: Texting Bans Don’t Reduce Crashes Congress Sends Tax Deal to Obama for Signing Might Obamacare Substitute Medicare Approach for Individual Mandate? U.S. Financial Rescue Cheap Compared to Past Crises: Geithner Arthur J. Gallagher Buys Wholesale Broker Continental, Marmorstein Travelers Ordered to Pay $445M for Asbestos Settlements Key Features of Compromise Tax Bill Rating Recaps: PrimeOne, Berkshire Hathaway (Notes), Safety National RT Specialty New Administrator for Gen Star Diet Supplement Program Study: Tort Reform May Not Curb Defensive Medicine or Fear of Suits Ironshore Updates Public Entity Coverage, Increases Capacity Best Affirms Allstate and Subsidiaries ‘A+’ Ratings; Outlook Stable U.S. Sues BP, Well Owners, Driller, Insurer for Gulf Oil Spill Damages CNA Names Grieco Underwriting VP for Small Business Summary and Status of Gulf Oil Disaster Litigation Greenfield Named Executive Vice President at The Hanover Suspicious Claims Rose 12% in Q3, Insurers Report Senate Expected to Pass Tax Cuts; House Democrats Balk at Estate Tax Austin Mutual Enhances Business Owner Program Allied World Reinsurance U.S. Launches Global Marine, Specialty Division Do Today’s Entry Level Employees Lack Professionalism? Senate Passes Tax Cut Plan, 81-19 Insurer Launches Ad Campaign Within Facebook Game ‘Car Town’ Women Still Lag in Corporate Pay, Promotions: Study Winters Promoted to Head of Casualty for Global Corporate at Zurich XL Makes New Appointments to Construction Practice Insurance Receivers, Asset Recovery Groups Partner on Credentials Petersen Offers Disability Plan for Military Doctors, Dentists Justice Department to Appeal Virginia Healthcare Ruling IronHealth Releases Loss Portfolio Transfer for Medical Liability Sector U.S. Expected to Join Lawsuits Over Gulf Oil Disaster Chartis Expands Education, Training Options to Private Client Group AIG Logo Returns to ID Cards as Security Concerns Lessen Overall Commercial Pricing Stays Flat, Management Liability Declines Insurers, Feds Jointly Pursue Financial Sector Cybersecurity Measures Everest Specialty Offers Investment Management Liability Obamacare Individual Mandate Found Unconstitutional by Federal Judge in Virginia Obama Team Confident of Ultimate Win on Health Insurance Law Gulf Oil Spill Claimants Offered ‘Quick Pay’ Option Status of Legal Challenges to Obama Health Reform Law Zurich North America Names Several Appointments in Surety Ratings Recap: State Auto National, Mountain West Farm Bureau R-T Specialty Acquires Oakbridge Insurance Services S&P: U.S. Personal Lines Insurance Sector Outlook Revised To Stable Merger, Acquisition Activity Heats Up U.S. Life/Health Sector’s Premiums Rise 2.6%; First Increase Since 2008 Personal Internet Use Becoming Part of Employee Record Liberty International Underwriters Launches E&S Property Product Chartis Expands Passport Capabilities for Financial Institutions Petersen International Develops Company Protection for Catastrophic Loss Treasury to Cut Government Stake in AIG in Big Stock Sale Wal-Mart Court Order Freezes Class Actions Bankers Expect Tough Year Ahead for Insurance M&A Market Women in Professional Liability Gain Support from New Networking Group Ho-Ho-Holidays Can Be Problem for Small Businesses IronBuilt Increases Capacity Limits for Construction Risks Lawyer Malpractice Claims on the Rise The Hartford to Offer Program to American Kennel Club Dog Owners AAIS to File Revised, Expanded Commercial Umbrella Program Alterra Capital Appoints Gamble Managing Director of Alterra USA Independent Agency Population Holds Steady as Start-Ups Keep Pace with Mergers Online Database to License Surplus Lines Business Under Reform Efforts NAIFA Endorsed Professional Liability Program Moves to CalSurance AIA Endorses Korea-U.S. Trade Pact Risk of Cyber Attacks Should Be Board-Level Concern, Lloyd’s Says Lexington Introduces Spoliation Insurance Consumer Product Safety Agency Working on Football Helmets Two Charged in 6-Year Fraud Scheme Against Insurance Agent Group, MDRT Supreme Court to Hear Wal-Mart Sex-Bias Class Action Certification P/C Insurers, Reinsurers Put Positive Spin on Federal Regulatory Role Travelers Expands IndustryEdge Offering for Equipment Dealers Buy Sell Agreement Basics E&O Insights: Pounds of Prevention in 2011 Mismatched Bumpers on Cars, SUVs Drive Up Repair Bills Is Your Boss Guilty of Any of the Seven Deadly Sins? Ratings: Cherokee/Oakland, Wayne Mutual, Executive, United Fire, Mercer American Strategic Enters Homeowners Market in 3 States Travelers to Offer Control of Well Coverage on an Admitted Basis Best Affirms Aviva USA, Subsidiaries Ratings; Outlook Revised to Positive AIG Mulling Second Debt Offer White House Panel: Oil Industry Needs Safety Culture, Accountability Lockton, Germany’s Funk Group Extend Service Pact Study Shows How Leadership Can Change Hospital Safety Culture NAS Expands Social Services Options with Medical Defense Coverage Injured Former Player Sues NFL Pension Plan Investors Like Aon’s Growth Strategy AIG Debt Sale Shows Insurer Still Under Pressure RLI Creates New Professional Services Group How BP’s Gulf Oil Disaster Costs Could Double Nearly 20% of Drivers in Fatal Crashes Test Positive for Drugs: Report Federal Judge Dismisses Challenge to Obama Health Care Law United Fire Acquiring Mercer Insurance Group New Web Site Calculates Diminished Car Value for Consumers E&O Insights: Nothing Standard About Professional Liability National News Archives