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- S&P Lowers AIG's Ratings; On CreditWatch/Negative May 9, 2008
American International Group's whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor's Ratings Services. S&P ... - AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too May 8, 2008
The world's biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad ... 
New York Agents Want to Rein in State Workers' Comp Insurer May 9, 2008
A trade group for New York insurance agents wants to rewrite the laws governing the New York State Insurance Fund - a nonprofit state agency which is New York's largest ...- State Farm Files Request for California Rate Increase May 9, 2008
Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide ... - South Dakota High Court Says Auto Insurance Covers Gun Accident May 9, 2008
The South Dakota Supreme Court says an auto insurance policy covers injuries caused when a rifle accidentally fired in a pickup being used to drive deer hunters to the ... - One Year after Tornado, Greensburg Still Struggling to Survive May 9, 2008
Unlike Dorothy in the Wizard of Oz, one year after a devastating tornado destroyed their town, many in Greensburg, Kan. are still not able to go home. Some 700 residents ... - Weather Service Reports North Carolina Tornado Damage Apr 21, 2008
A weather service official says witnesses reported seeing a tornado on the ground over the weekend north of the town of Shelby, North Carolina, and there are reports of ... - Greenberg's Starr Foundation Sues AIG, Alleging Fraud over Credit Losses May 9, 2008
The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice "Hank" Greenberg, has sued the insurer, claiming it misrepresented its ... - AIR Analyzes Tokyo Earthquake May 9, 2008
AIR Worldwide has released an analysis of a strong earthquake that struck just off the Japanese island of Honshu on Wednesday. The trembler rattled buildings in downtown ... - Louisiana House Panel OKs Hike in Car Insurance Minimum May 9, 2008
In a move that insurers say could lead to Louisiana having the highest auto insurance liability rates in the nation, a House of Representatives committee has approved HB ... - Markel Corp. Names Markel, Vice Chairman; Springman, President May 9, 2008
Markel Corp. named Anthony F. (Tony) Markel as vice chairman and Paul W. Springman as president and chief operating officer. Markel has been associated with Markel ... - FedEx Holder Sues Board over Contractor Classification Problems May 12, 2008
A shareholder of FedEx Corp filed a lawsuit against the package delivery company's board last Thursday alleging the directors exposed the company to damages by ... - First Aid Flights May Reach Myanmar; Death Toll Could Exceed 100,000 May 9, 2008
Myanmar's (Burma's) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on ... - Mississippi Emergency Agency Reports Damage in Latest Round of Tornadoes May 9, 2008
Severe weather and tornadoes moved through several North Mississippi counties on May 8 causing damage to property and infrastructure. The state emergency operations ... - Brownyard Renames Salon Program; Adds Meadowbrook as New Market May 9, 2008
Bay Shore, N.Y.-based The Brownyard Group (), renamed its specialized beauty industry programs as — SASSI (Salon & Spa Specialty Insurance) — and added Meadowbrook ... - Hobbs Joins NSM Direct in Pa. from HRH May 9, 2008
David W. Hobbs has joined Conshohocken, Pa.-based NSM Insurance Group as director of NSM Direct, which is the brokerage firm's retail insurance operation. Hobbs ... - Texas AG Settles with El Paso Company on Identity Theft Charges May 9, 2008
Texas Attorney General Greg Abbott reached an agreement with El Paso-based CNG Financial Corp. and its subsidiaries, Check 'n Go of Texas Inc. and Southwestern & Pacific ... - Reed Smith Welcomes Insurance Recovery Litigator in San Francisco May 12, 2008
Reed Smith has named Christina Shea of counsel for its international insurance recovery practice in San Francisco. Shea's practice focuses on insurance coverage ... - Zurich Names Riordan New President of Surety, Credit, and Risk Group May 9, 2008
Zurich North America Commercial recently announced it has named Daniel W. Riordan president of its Surety, Credit and Political Risk group. This newly created group ... - Dresdner Posts Q1 Loss; Allianz Confirms Profit Decline May 9, 2008
Dresdner Bank stayed in the red in the first quarter after writing down €845 million ($1.3 billion) on structured finance investments, keeping it in the spotlight as ... - Eastern Insurance Reports Improved Workers' Comp Results May 9, 2008
Eastern Insurance Holdings, Inc., based in Lancaster, Pa., reported net income of $2.6 million for the first quarter of 2008, compared to net income of $3.2 million for ... - 4 Workers Hurt in Explosion at Mill in Southern Alabama May 9, 2008
Four employees were injured in an explosion and fire that damaged an Alabama building-products mill early on May 7, company officials said. The injured workers at ... - Colorado Bill Gives Regulator Authority to Demand Insurance Compensation May 9, 2008
Colorado Governor Bill Ritter has signed a bill that will allow the state Department of Regulatory Agencies (DORA), and its Division of Insurance the legal authority to ... - Missouri Businesses Sue to Stop Fee Increases on Vehicle Records May 12, 2008
Three businesses sued on Friday, May 9th to halt a state fee increase for obtaining driver's license and vehicle records, claiming the higher fee violates Missouri's ... - New Mississippi Supreme Court Building Floods May 9, 2008
The Mississippi Supreme Court is rescheduling cases after the new Gartin Justice Building was flooded on all four floors. The building houses the Supreme Court and ...