National News for March 2011 Assured Guaranty to Offer Bond Insurance Through Electronic Trading Platform Ratings Recap: Omega US, Real State, USPlate, Safety Applied Systems Buys CSR24 Agency Systems Firm Artizan Shake-Up at AIG’s Chartis; Moor Out, Hancock In as CEO Black Brokers’ Bias Suit Against Bank of America/Merrill Dismissed Leading Candidate to Succeed Berkshire’s Buffett Quits BoatU.S., CNA Add Marine Insurance Options Federal Reserve Rejects AIG Offer for Mortgage Bonds BP Puts Gulf Oil Disaster Cost at $19 Billion So Far Flood Insurance Reformers to Hold Second Hearing Insurance Journal Nominated for Four Publishing Awards K&K Hires New Staff for K-12 Student Accident Program EEHall, NIADA to Offer P&C Program to Independent Auto Dealers Last Chance: Find Out Who’s Worth What in Today’s Independent Agency Judge Limits NFL Offset for Players’ Workers’ Compensation Benefits Insurer Rates 16 ‘Best Values’ in Autos Bank of America Wins Dismissal of Suits Over Merrill Lynch Elliot Named Commercial Markets Head for The Hartford Supreme Court Justices Question Major Class Action Against Wal-Mart National Legal Association Selects The Hanover as Lawyers E&O Provider 9 Alternatives to Individual Health Insurance Mandate; Will They Work? Under SEC Pressure, Berkshire Took Q4 Writedowns on Stocks AIG Ex-CEO Greenberg Loses Bid to Remove Judge from Case Federal Government Lifts Cargo Insurance Requirement for Truckers CNA Launches Customized Product for Community Banks Employers Rewarded for Insuring Early Retirees Under Healthcare Reform Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey Calif.’s Sandin Joins P/C Trade Group AIA as State Affairs VP Commercial Insurance Prices Still Flat After 8 Quarters: Towers Watson Major Class Action Sex Discrimination Case Goes Before Supreme Court Worldwide Facilities Introduces New Carrier for Life Sciences Risks Ironshore Political Risk Increases Capacity to $25 Million U.S. P/C Insurers’ Results for 2010 Get ‘Mixed Review’ from A.M. Best AIG Expects ‘Minimal’ Effects from Japan Claims Nuclear Agency to Conduct Safety Check of U.S. Plants Supreme Court Makes It Easier to Sue Businesses Happy 100th Birthday Workers’ Compensation: The Great Tradeoff! Insurers, Brokers Settle Spitzer-Era Bid-Rigging Case for $37 Million Igor, Tomas Retired as Hurricane Names Bayer Suit Latest to Allege Gender Bias in Employment Ironshore Specialty Introduces Lead Umbrella Product for Agriculture Industry Starr Marine Names New Commercial Inland Marine Product Line Manager R.V. Nuccio Launches Website Dedicated to Wedding Insurance No Need to Remove Wiring in Homes with Problem Drywall: U.S. Officials State Farm Sponsors ‘Stay-in-School’ Campaign with Heat’s James Majestic Capital Terminates Merger Agreement with Bayside Capital U.S. Nuclear Plants to Undergo Safety Reviews Ratings: Berkshire Hathaway/Lubrizol; First Mercury, Mennonite AIG Estimates $1 Billion in Q1 Catastrophe Losses, Most from Japan McRaith to Lead New Federal Insurance Office MetLife Auto & Home Launches Combo Package Policy in 28 States General Star Appoints Marsh U.S. Consumer to Program Administrator Role Assured Agencies Names Anderson Senior VP United Fire Gets Approval to Acquire Mercer Insurance Group Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey Tech Risks to Watch in 2011 Research Group IBHS Adds ‘Insurance’ to Name RAA Affirms Industry Can Handle Japan Catastrophe Chubb Adds Pet Injury Coverage, Other Enhancements to Auto Policy Marsh Expands U.S. Construction Practice As Economy Improves, Risk Profiles Can Worsen U.S. First Responders Will Learn from Japan’s Tragedy: Napolitano Many Unemployed Rejected by Individual Health Insurance Market: Study PPIB Launches Weight Loss, Artisan Contractors Programs Markel Renews Partnership with American Camp Association Public Database for Product Safety Complaints Goes Live Republicans Target Dodd-Frank Reforms, Rating Firms’ Liability Maritime Program Group Creates Excess P&I Facility for Crewed Yachts Progressive Goes National with Usage-Based ‘Snapshot’ Car Insurance Program Business Groups Back Expanding Federal Flood Insurance Options Appeals Court to Expedite Obama Healthcare Appeal Capson Medical Malpractice Expands to Six More States ACE USA Reorganizes Medical Risk Business Fans of Winning Teams in More Deadly Crashes After Big Games LimeWire Wins Limit on Damages to Record Companies AIG Offers U.S. Government a $15.7 Billion Buyback Soft Market Is Ending, Really It Is, Says SNL Financial XL Insurance Names Purvis President of North America Programs Senate Passes Patent Reform, 95-5 AIG Has Plan to Protect Tax Assets Ratings Recap: Blue Whale Re, Michigan Millers, Constitutional Ex-AIG CEO Greenberg: Judge in New York AG Case Biased Schinnerer Launches Railroad Protective Program The Hanover Adds Coverage for Record Storage, Destruction Companies Monster Rolls Out Insurance Program with Focus on Energy Sector Young Agents: What Are YOU Thinking? Exclusive Survey Obama Administration Appeals Florida Judge’s Healthcare Ruling AIG Repays $6.9 Billion More to Taxpayers Noah Joins Insurer Group AIA in Federal Affairs Post File-Sharing Service LimeWire, Music Publishers Settle Copyright Case Progressive Extends Pet Injury Coverage to Commercial Auto Customers’ Pets Republican Flood Insurance Bill Gets Positive Initial Reception AIG Names Farber Deputy CFO U.S. Judge Halts Ecuador Damages Enforcement Against Chevron Has Time Come to Cap Whistleblower Awards? $430k Love Settlement Shows Tweets Can Be Costly Newer Web Sites Gaining Online Auto Insurance Market Share Model Bill Targets Misclassification of Trucking, Courier Workers NAIC, EU Regulators Hold Meeting on International Insurance Regulation Young Agents: What Are YOU Thinking? Exclusive Young Agents Survey Officials See Risks in Consumer At-Home Gene Test Kits States Must Decide if Workers’ Comp Benefits Extend to Illegal Workers REAL ID Drivers License Deadline for States Postponed Until 2013 Group Offers Lightning Protection Inspection Program Preferred Concepts Launches Auto Industry Division House Votes to Repeal Healthcare Law’s 1099 Reporting Measure Judge Stays Healthcare Ruling, Gives White House Appeal Deadline Aon Promotes Three in Technology Solutions Business AIG Names Farber as Deputy CFO Republicans to Re-launch U.S. Flood Insurance Overhaul Report: Illinois Insurance Regulator McRaith in Line to Head U.S. Insurance Office Chrysler Recalls Vehicles due to Engine Shutoff Risk Ratings Recap: First Hawaii, Cumberland, Seven Seas, Main Street Best Affirms CNA and Subs Ratings U.S. Treasury Expects $6.3 Billion from AIG’s MetLife Sale State Farm Posts $1.8 Billion Net Income for 2010 Despite Underwriting Losses UPDATE – Treasury Expects $6.3 Billion from AIG’s Metlife Share Sale Maritime General Agency Rebrands, Consolidates All Entities BP Shows Reluctance to Fix Gulf Oil Spill Damage: Official Schinnerer Launches New Contractor Policy Form C.V. Starr, Starr International USA Announce New Corporate Brand, Starr Cos. NFL Players’ Agents Calling Insurance Plays as Lockout Looms Holocaust Survivors Want U.S. to Push European Insurers on Payments Senate Amends Patent Reform Bill, Vote Could Come This Week AIG to Accelerate MetLife Sales, Government Repayment Carolina Casualty Extends Trucking Binding Authority of All Risks, Ltd. Independent Agents: Tell Carriers What You Think Chubb Launches E&O, GL Insurance Policy for Life Sciences Firms NIP Programs Launches Medical PL for Physicians Assistants Association Seeks Outstanding Insurance Marketing, Communications MBIA Shareholder Lawsuit Revived by Federal Appeals Court President Obama Backs Flexibility for States on Healthcare Law Allstate Sues Another Lender, Credit Suisse, Over Mortgage Securities New Product Safety Database Under Scrutiny S&P Lowers Chartis’ Ratings to ‘A’; Outlook Changed to Stable National News Archives
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