National News for April 2011 K&K Insurance to Offer Higher Limits Via E-commerce Websites A Third of Large U.S. Firms Show Business Interruption From Japan Disaster American Collectors Enhances Collector Vehicle Coverage The Future of the Independent Agency (Has Nothing to Do with Age) PPIB Launches Medical Director Program Markel Programs, Burns & Wilcox Partner to Offer Real Estate E&O Program Young Agents Survey Shows Strong Family Ties Best Affirms AEGON USA Group’s Ratings AIG Files Lawsuit Against Two Money Management Firms Study: High Gas Prices Lead to Fewer Auto Accidents Towers Watson Names Osean as VP, Property Insurance U.S. Regulators Define Swaps, What Falls Under Dodd-Frank Peerless Insurance Adds 40-Plus Business Classes to Small Commercial Program Gallagher Higher Education, InsureMyTrip Launch Trip Cancellation Program Electric Cars Get Top Insurance Safety Rating Marsh Agrees: Soft Pricing Persisted Despite Catastrophe Losses in Q1 Supreme Court Hears Securities Fraud Loss Causation Arguments IronPro Introduces Kidnap & Ransom Coverage NFIB, EMPLOYERS Expand Work Comp Program to Additional States Baudouin Appointed CEO of Aon Global Client Network RIMS, Chartis Launch Hall of Fame for Risk Managers Overcapacity in P/C Insurance Keeping Commercial Prices Down SEC: Mid-Size Firms Should Follow Sarbanes Oxley Internal Control Supreme Court Denies Fast Track for Healthcare Law Challenge Marsh Launches Dodd-Frank/FDIC Receivership Endorsement P/C Premium Growth Not Enough for Market Turnaround: Conning High Stakes in Today’s Supreme Court Case on Securities Fraud Suits Military’s Medical Malpractice Shield Law Could Face Key Test Is Buffett’s Teflon Finally Wearing Off? Annual Meeting Coming Up Hartford Steam Boiler Introduces Green Equipment Breakdown Coverage The Hartford Introduces Marine Policy For Modern Warehouse Logistics Operations Ratings Recap: American Road, DHC, National Lloyds Newly Elected Officials Must Learn Hurricane Response: FEMA Lawsuits Fly in BP Gulf Oil Spill Blame Game Top 10 U.S. Excess/Surplus Insurers Travelers Profits Up Across Country, 1 in 7 Drivers Uninsured; In Some States, 1 in 4 Advisory Group AAIS Elects Preferred Mutual’s Taft Chairman W.R. Berkley Names Kamford to New Role; Welt as Senior VP One Year After BP Oil Spill, Optimism on Gulf Coast Feinberg: BP Gulf Claims Fund ‘Working As Intended’ BP Sues Halliburton for $42 Billion Over Gulf Spill BP Sues Rig Owner Transocean and Maker of Blowout Preventer Hopkins to Retire from Zurich Executive Posts; Farmers Chairman Marsh & McLennan Changes Top Management Team America First Expands Small Commercial Appetite to 60 More Business Classes Ironshore Environmental Enhances Pollution Program for Education Sector The Hanover to Pay $510M for UK Insurer Chaucer How P/C Insurance Industry Fared Financially in 2010 P/C Insurers Keeping an Eye on Congress Chartis to Shift Asbestos Liabilities to Berkshire’s National Indemnity Treasury Defends Dodd-Frank Reforms; Promises Insurance Expert Soon McDonald’s Not Smiling Over Happy Meals Lawsuit Berkshire, Buffett Sued Over Sokol’s Trades 8 Experts: Happy Birthday Workers’ Compensation — Now What? Securities Litigation On Track to Set New Record in 2011: Advisen Motorcycle Deaths Decline 2%, But Helmet Use Declining Storm Losses Largest in North Carolina and Virginia Lockton Launches Risk Management Tool to Address Uninsurable Risks Allied World Forms New Inland Marine Division Supreme Court Denies Insurance Fraud Inmate’s Bid to Cut Sentence Will $1.6 Billion Bank of America Settlement Embolden Others? Golden Eagle Expands Small Business BOP Product S&P Puts 17 Cat Bonds on CreditWatch/Negative Due to RMS Model Change Growth of Clean Tech Industry Delivers New Exposures, Opportunities US Nuclear Regulator Monitoring Plant after Tornado U.S. Credit Outlook Cut by S&P on Deficit Concerns MLR Dramatically Impacting Commissions, Agents Tell Regulators President Signs Repeal of Healthcare Law’s 1099 Tax Provision Supreme Court Weighs Bid for Fast-Tracking Healthcare Law Challenges Austrian Insurance Swindler Seeks Release from U.S. Prison Beazley Expands Healthcare Liability Team with Springman One Year Later, Gulf States Still Grappling with BP Oil Disaster Investors Suing Banks Gain Ammunition with Senate Report U.S. Oversight Council Urged to Be More Transparent Survey Shows Opportunity for Carriers to Support Agents in Social Media Synergy Professional Associates Launches Small Firm Lawyers E&O Program U.S. Shuts Down Massive Cyber Theft Ring P/C Industry Depends Too Much on Catastrophe Models, Says Pioneer Clark Credit Raters Triggered Financial Crisis, Says Senate Report Target Markets Announces Program Business Research Project Juhas Named to Head AIG Strategic Planning Freedom Specialty Insurance Introduces Excess Policy Take1 Insurance Launches Coverage for ‘Docu-Soap’ Television Producers Auditors Cite Catholic Church’s Lapses in Child Abuse Prevention U.S. Hospital Safety Plan Could Save Lives, Dollars: Officials How Health Reform Will Affect Workers’ Comp, Liability Insurance P/C Insurers Weigh International Expansion for Growth A.M. Best Revises Outlook for The Hartford Navigators Expands Professional Liability Division Chartis Expands Alternative Risk Offering with Rolling Buyouts Towers Watson Names Comis, Albert to Reinsurance Brokerage Team Gulf Coast Officials Enjoy Spending Spree at BP’s Expense Federal Budget Cuts Eliminate Crop Insurance Premium Refunds A.M. Best Affirms Ratings of W.R. Berkley Group, Subsidiaries Allied World Introduces Small to Mid-Size Company Privacy Coverage How Rising Energy Prices Affect P/C Insurance 3 Most Common Errors That Lead to Teen Drivers’ Crashes Federal Reserve Plans 2 Auctions of AIG Mortgage Securities U.S. Pay Czar Allows AIG Flexibility with Pay Packages at AIG U.S. Plan Would Restart Mexico Trucking Effect of Federal Government Shutdown on Insurance Industry Medical Errors 10 Times More Frequent Than Reported, New Research Says Insurer Sues Celebrity Heiress Paris Hilton Over Missing Jewels Preparing For The Hurdles Ahead House Flood Insurance Reform Bill Wins Bipartisan Support Allied World U.S. Enhances Management Liability Product for Healthcare Organizations Transocean Executives Donating Safety Bonuses to Oil Spill Victims Ratings: Madison Mutual, Lyndon Property, Great Northwest, Ocean Harbor ‘Above Average’ 2011 Atlantic Hurricane Season Forecast Survey Shows Agents Concerned on Perpetuation; Few Take Action Reinsurance Rates Rising, But Few Agree Where, How Much Commercial Insurance Pricing Cuts Slowed in March Report Tallies Economic Costs of Violence to States AIG CEO Benmosche Open to Staying at Helm Past 2012 Senate Sends Repeal of Healthcare Law’s 1099 Tax Provision to Obama AIG Busy Investing Its Cash, May Bid on Bonds Oil Rig Firm Transocean Awards Safety Bonuses Despite Gulf Tragedy U.S. Judge Dismisses Non-U.S. Car Buyers’ Claims Against Toyota Starr Aviation Develops Workers’ Compensation Small Business Unit Travelers Introduces Crisis Management Expenses Endorsement XL Insurance Creates Electronic Data Destruction Coverage for E-Waste Recycling K&B Underwriters Enhance, Rebrand Senior Living Program Flood Insurance Reform Bill Due This Week ‘Old GM’ Carved into 4 Trusts for Claims No Raise for AIG Chief Benmosche, Others at Bailed Out Firms Technology to Prevent Bus Accidents Exists But Isn’t Implemented R-T Specialty Completes Acquisition of American E&S New Chartis CEO Hancock: Successor to Benmosche? Walking on Water Risky, Even in Big Plastic Balls U.S. Traffic Deaths Dropped to New Low in 2010 GE Unlikely to Face Liability in Japanese Nuclear Crisis Special Report: Top 10 Innovative P/C Insurance Products Series: Natural laws as they apply to sales National News Archives
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