National News for August 2008 Ratings: Am. Underwriters, Western General, North Pointe, Ameriprise, Fairfield, R.V.I. Guaranty, Mid Georgia, Hermitage Markel’s Albanese Moves to U.S.; Stovin, Brazil Promoted No Absolutes in Agency Training and Recruitment Drunk Driving Fatalities Decline in 32 States But Rise for Motorcyclists Bush Administration Wants More Notice on Workplace Hazard Rules Forecasters Warn Gustav Could be Major Hurricane When It Reaches Gulf States Monday Heartland Analyst Likes Insurance Broker Brown & Brown Soft Market Exposes Value of Risk Control for Golf Insurers Fitch: P/C Profits Decline Sharply in First-Half 2008 Best Comments on CastlePoint, Hermitage Deal Tower and CastlePoint to Acquire Hermitage Insurance for $135M Higher Gas Prices, Lighter Vehicles Could Mean Higher Insurance Costs Study: Only 42% of Teen Passengers Report Wearing Seat Belts Best Affirms Gen Re’s A++ Rating Philadelphia Insurance Offers Volunteer Accident Health Coverage Traffic Fatalities Go Down as Gasoline Prices Go Up Darwin to Buy Great American’s Lawyers Professional Liability Business Surplus Lines Results Remain Strong, Despite Heightened Competition How Agencies Can Access Capital in the Current Credit Crunch Financial Regulation Reform — But Not Paulson’s — Likely in 2009 Several Insurers Could See Big Fannie, Freddie Losses Swett & Crawford Develops Specialty Stucco Insurance Strategy Zurich Names Richiski Head of Distribution, Regional Management Ratings Roundup: Penn Treaty Network, Donegal, CIFG S&P Places Aon on CreditWatch/Negative Olympic Athletes Require World Class Safeguards Weatherford Moves to Association for Insured Retirement Solutions Study Finds Economic Costs of Federal Cat Legislation Burdensome Berkshire’s Buffett Sees Economy in Recession, Weak Until 2009 Marsh & McLennan Names Wittman Chief Financial Officer HRH, Ponemon Institute Launch Privacy Breach Index Integro Appoints Moores, Rolfe to Lead Aviation Practice Lawsuit that Led to Mississippi Tort Lawyer Scruggs’ Downfall Settled Labor Dept: Fewer Workers Killed on Job in 2007 ACE Broadens Coverage for Contractor Equipment With New Alliance Four Small SUVs Earn Top Safety Pick Survey: Parents Fed Up With ‘Party Schools’ and Politicians XL Insurance Names Molitano as Tech E&O Manager Survey: Renters Ill Equipped to Protect Belongings Summer is Good Time to Tackle Business To-Do Lists Ala. Regulator Bell Named Chairman, Swiss Re America Holding Corp. Ratings Roundup: Catlin (US), R.V.I., Companion, AmTrust University Professor Says ‘Early Offers Program’ Could Improve Tort System RelMark Launches Risk Purchasing Group for Fire Sprinkler Industry U.S. Insurers’ Exposure to Fannie Mae/Freddie Mac Manageable Study: Most Know Little About Their Homeowners Policy U.S. Doctors Say Lawsuits Help Guarantee Drug Safety Earthquake Expert Warns of Economic Damage The Hanover Names Gary Kusumi President of Personal Lines USAA Expands Membership Eligibility I.I.I. Offers Tips on Identity Theft Protection, Coverage Private Firms See Health Insurance Premiums Double Since 1996 S&P: U.S. Commercial Lines Outlook Revised To Negative From Stable Liberty Mutual Names Directors of Two New Research Centers Thousands of Federally Placed Underground Fuel Tanks Could Leak RMS Launches Winter, Convective Storm Models for U.S., Canada There’s No Crying in Insurance ACE Private Risk Services Expands to More States Swiss Re Launches U.S. Agency Umbrella E&O Coverage PGI Launches Self-Storage Insurance Coverage Insurers Say Higher Gas Prices May Not Lead to Lower Claim Costs How to Out-Buzz the Big Spenders in Insurance Advertising AIG Introduces Basic Health Benefits for Private Staff Allianz Group and Fireman’s Fund Team to Combine Marine Insurance Business Small Businesses Lose $200K to Fraud, Survey Reports GM, Deloitte to Settle Shareholder Suit for $303M Insurance Weighs on Berkshire Hathaway’s 2nd Quarter Profit Ratings Roundup Philadelphia Consolidated, PURE Zurich Names Davis Executive VP – General Insurance FM Global: Companies Exposed but Underprepared for Natural Disasters Nationwide Financial Agrees to $2.4 Billion Buyout MyNewMarkets.com Announces Two More Exchange Conferences Colorado Climatologist Raises Hurricane Forecast S&P Sees No Affect on AIG’s Ratings from Q2 Loss AIG CEO Ready to ‘Take a Scalpel’ to Reshape Insurer AIG’s Net Loss for Q2: $5.36 Billion; Conference Call Today, Details National Alliance Names 2 Outstanding CSRs for 2008 Feds Charge 11 in Biggest-Ever Identity Theft Case Cincinnati Financial Corp. Reports 2nd Quarter Results Willis Launches Luxury Yacht Practice For Liberty Mutual, Insurance Customers’ Values Have Value Best Puts Tower Group ‘Under Review with Negative Implications’ Everest Opens Environmental Office XL Insurance Offers Specialized Environmental Program Best Makes Results of Car-Insurance Buyer Survey Available Ratings Roundup: ASI Preferred, Preserver MarshMac’s Q2 Earnings Fall to $65 Million on Unit Write-down Lexington Launches Public/Private Partnership Coverage N.Y.’s Tower Group to Acquire Rest of Bermuda’s CastlePoint Insurers Escape Big Q2 Mortgage Losses – So Far House Bill Would Block Federal Rule on Workers’ Chemical Exposure N.J. Chief Goldman Calls States ‘Adept Stewards’ of Insurance Markets Report: Workers Compensation Claim Frequency Down Again in 2007 Hanover Insurance Reports Q2 Net Loss with Sale of Life Business Selective Insurance Touts Q2 Workers’ Comp Improvement, Mass. Expansion Aon Net Income Way Up for Q2 on Sale of Combined Insurance Millbrook, Valen Become P/C Insurance Data, Predictive Analytics Partners Ratings Recap: Hanover, Assurant, Wadena/IMT, Berkshire Hathaway, Finial National News Archives
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