National News for February 2010 AIG to Sell ‘Crown Jewel’ Asian Life Unit to UK’s Prudential for $35.5 Billion American Safety Updates Contractor Coverage to Meet New Lead Paint Rule AIG Reduces Q4 Loss; Reports Some Stabilization While Challenges Remain Obama, Republicans Clash at Healthcare Summit Key Senator Reports Compromise Reached on U.S. Patent Reform Will Gay Marriage Bring New Marketing Opportunities for Agents? C.V. Starr & Co. Appoints Sokol as Marketing Manager AAMGA Funds $1 Million Insurance Chair at Georgia State University CNA Enhances its College and Universities Program CNA Inland Marine Medical Equipment Product Available in All States Pay Czar Struggles to Rework Bonuses at AIG, Other Bailed-Out Firms Obama Officials Say Health Plan Has Republican Ideas Obama Hopeful, Republicans Wary as Healthcare Summit Takes to Airwaves Federal Rate Regulation Threatens Solvency, Health Insurers Warn Maag to Head North American P&C Unit for XL Zurich Names Two Regional Managers for Commercial Environmental Business U.S. House Passes Repeal of Health Insurers’ Antitrust Exemption RiskProNet Elects O’Connor as President Big ‘I’ Agents Gain Access to Engineering Firms’ Insurance Program A.M. Best Reports a Stable U.S. Commercial Lines Sector Obama Backs Repeal of Health Insurers’ Antitrust Exemption Kangas Joins Assurant Inc. Peeters Joins Main Street America as VP Commercial Lines Judge Certifies Stockholders’ Class Action Against AIG Despite Outrage at AIG Bonuses, Private Sector Still Rewards Failure Aon Founder Ryan Launches Specialty Wholesale Insurance Group CNA Adopts Cargo Theft Database CargoNet Obama Offers New Plan to Revive Health Care Push Winners, Losers in Obama Health Proposal Medical Malpractice Excluded from Health Insurers’ Antitrust Legislation Lexington Releases SIR Policy for the Construction Industry ACE Makes Appointments to New Global Client Executive Practice Rating Agencies React to Fairfax Zenith Deal; See No Ratings Change Zurich to Underwrite Preferred Golf & Country Clubs for Venture Programs Lee & Mason Increases Limits on Insurance Agents’ Professional Liability FDA Says Changes Needed in Review of Medical Devices Ironshore Makes Two Executive Appointments Fairfax to Buy all Remaining Shares of Zenith in $1.4 Billion Deal Some Red Flags in Residential Arsons Fly Before the Fire Medical Malpractice Insurers Could Keep Antitrust Protection Travelers Construction Insurance Offers Wrap+ Fidelity and Crime Large Brokers Freed to Go After Contingent Commissions But Will They? Professional Insurance Marketing Association Names 2010 Officers Chartis Increases Property Capacity for Energy Sectors through PowerGuard Parnell Named Chief Financial Officer at Crump Group Swift Named Finance Chief at The Hartford Insurance Accounting & Systems Association Offers Scholarships RiskProNet Elects O’Connor President Paragon Strategic Solutions Joins Inpoint to Form Inpoint Services IRS, States Target Employers’ Use of Independent Contractors Kearney and Sinclair to Lead Life Sciences at William Gallagher Survey: Risky Online Behavior Exposes Many to Lawsuits New Per Load Cargo Insurance Program Now Available From Internet Truckstop Liberty Mutual Says It Was Victim of Fraud by General Re Zurich Enhances E&O Coverage to Address Increasing Technology Risks Philadelphia Launches New Contractor Environmental Coverage Why AIG Omitted JP Morgan from Underwriters for Life Insurer IPO Democrats Seize on Wellpoint’s 39% Rate Hike to Renew Reform Effort Study: Agent Satisfaction Rises According to Size of Business Placed Congressmen Seek Auto Insurers’ Records on Toyota Accidents, Warnings Brownyard Group Adds Workers’ Comp to Foundation Program What Republicans Are Proposing for Healthcare Reform Toyota Now Facing Lawsuits over Shrinking Resale Values of Cars Best Affirms CNA and Subs Ratings; Revises Outlook to Stable MetLife May Pay AIG in Stock, Cash for Life Insurance Unit Special Reuters Report: Inside Toyota’s Epic Breakdown Buffett, Paulson Agree U.S. Economy Needed Tough Medicine Marsh Insurance Profit Up; Settlements Hit MMC Results Cunningham to Head Travelers Business Insurance Division U.S. Shareholders Sue Toyota Accidents Involving Recalled Toyotas Still Have Coverage, Insurers Say State Farm Says It Warned U.S. Officials About Toyota Accident Trend in 2007 AIG Hires KeyCorp’s Hancock to Oversee Finance, Risk Main Street America Records Profitable and Busy 2009 Kessler Appointed President at ACE Westchester Armstrong Joins Executive Staff at ReSource Pro Cutts, Founder, Editor of Risk Retention Reporter Dies Program Administrator Thomco Promotes 2 Berkshire Hathaway Loses ‘AAA’ Ratings from S&P Liberty Mutual Sues 9 Employees, Aspen for Alleged Plot to Steal Business iPeople to Offer Merger, Acquisition Services Markel Swings to Fourth-Quarter Profits Game Day Prediction: Pizzerias and Insurers Win on Super Bowl Sunday Workers’ Compensation Patients Benefit Less from Back Surgery ASPN Forms Marketing Alliance with ISU Network Treasury Chief Geithner Says Bank Fee Can Recoup AIG Bonuses Selective Insurance Group Reports Profits American Safety Adds 3 Underwriters The Hanover Sees Earnings Jump Best Comments on Tower Group; OneBeacon Personal Lines Buy Impact OneBeacon Selling Personal Lines Business to Tower Group Last Chance: Young Insurance Agents Survey Ratings Recap: Mass. Homeland/York, Rockhill, Paratransit, MGA, House to Vote on Repeal of Health Insurers’ Antitrust Exemption AIG Retention Bonuses Will Be Completed in March, Says Pay Czar Study: Distracted Driving Laws Don’t Stop Crashes Great American Names Coordinator for Multi-Employer Fiduciary Liability Florida’s United Insurance to Expand Into 7 Northeast, Southeast States Obama’s Budget Shows Only Modest Changes in Health Reforms Main Street America Launches New Business Owners Policy White House Budget Takes Small Steps on Health Care Reform AIG Filing Casts Doubt on ‘Limited Exposure’ Claim Insurance Agents 40-and-Younger: What Are YOU Thinking? Exclusive Young Agents Survey 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
