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- Main Street Insurance Agents Facing 'Trojan Horses,' Says Agent Leader May 5, 2008
Main Street insurance agents are facing an onslaught with a number of "Trojan Horses" suddenly appearing, all designed to help their competitors win over market share. ... - Safeco and Costco Partner to Offer Business Insurance in Test States May 7, 2008
Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008. According to information on Costco's Web site, Costco ... - 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 ... - Mass. Agents Take Aim at Progressive Online; Insurer Defends Site May 6, 2008
Independent agents in Massachusetts have charged that Progressive Insurance, which began selling auto insurance online in the state May 1, is skirting state regulations ... - Maine Widower May Never Collect $500K Insurance Settlement May 7, 2008
An 85-year-old Buxton, Maine man's lawsuit against the motorist he blamed for his wife's death has ended in a settlement totaling more than $500,000, but whether the ... 
Execs Say More Can Be Done to Attract New Industry Talent May 8, 2008
Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and ...- The Hartford, Progressive Team Up on Community Banks Insurance Package May 6, 2008
The Hartford Financial Services and Progressive are offering their insurance products for communtiy banks to each other's independent agents and brokers. The new ... - Judge Upholds Conn. Widow's Settlement May 5, 2008
A Greenwich, Connecticut probate judge has upheld a settlement of more than $1 million between a cruise ship line and the widow of a missing passenger. George Smith IV ... - Newport Beach Insurance Broker Sentenced to Prison May 5, 2008
A former Newport Beach, Calif., insurance broker has been sentenced to several years in prison for insurance fraud, according to the California Department of ... - Top Agencies Have Strategies to Weather Soft Market May 7, 2008
Insurance Journal readers were reminded by our recent coverage on how agents are faring in the recession that the effects of the economic downturn vary by agency and ... - Buffett to Draw Biggest Crowd Ever for 'Woodstock for Capitalists' May 2, 2008
Few 77-year-olds could hold thousands of people in rapt attention for five hours. Sean Connery, maybe; Clint Eastwood, perhaps. Warren Buffett? Definitely. Buffett ... - Insurers not Impressed with Florida's Revamped Insurance Package May 5, 2008
While many Florida lawmakers claim to be opposed to gambling, they don't mind taking a chance on Mother Nature. They rolled the dice again on May 1, signing off on a ... - California Discussing Sale of State Workers' Compensation Insurer May 7, 2008
Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has ... - Berkshire Hathaway Net Off 64% on Derivatives, Insurance May 5, 2008
Warren Buffett's Berkshire Hathaway Inc. said Friday that first- quarter profit tumbled 64 percent, hurt by losses tied to derivatives contracts and a steep slide in ... - High Risk Pass for New Mass. Auto Insurers Irks Established Players May 5, 2008
Massachusetts auto insurers have been operating under a new managed competition auto insurance system for only a month now but a battle is well underway over how to treat ... - Adding Wind to Federal Flood Insurance Invites Trade-Offs May 6, 2008
Adding wind coverage to the current federal flood and wind insurance program could benefit some policyholders and market participants but would also involve trade-offs, ... - U.S. Court Bars Sex Bias Claim by Maine Mom Denied Promotion May 8, 2008
A federal court has blocked a Maine woman from suing her employer for sex discrimination after she claimed she was denied a promotion because of her childcare ... - Berkshire's Buffett: U.S. Recession May Be Worse than Feared Apr 28, 2008
Warren Buffett, the world's richest person, said on Monday the U.S. economy is in a recession that will be more severe than most people expect. Buffett made his ... - 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 ... - Liberty Mutual Group First Quarter Results 'Solid' May 6, 2008
Boston-based Liberty Mutual Group reported net income of $360 million for the three months ended March 31, 2008, an increase of $10 million over the same period in ... - Recession Challenges Industry May 5, 2008
As the insurance industry moves forward to improve its business performance it must also manage the challenges of a recession. Special challenges for the property/casualty ... - U.S. Insurers Face Uphill Battle to Alter Foreign Insurers' Tax Break May 5, 2008
A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful ... - Unum Group Reverses 42% of Reviewed Disability Claims May 2, 2008
In a forced self-review, the Chattanooga, Tenn.-based Unum Group agreed to fully or partly reverse 42 percent of previously denied disability claims and paid out $676 ... - Revamped Insurance Package Passed by Florida House May 2, 2008
Private property insurers will soon be more tightly regulated under a voluminous measure passed in the Florida House. The measure passed shortly before midnight on ... - Consumer Advocacy Group Questions USAA's Role in Home Foreclosures May 8, 2008
Consumer advocacy group The Greenlining Institute has filed a petition with the Commissioner of the California Department of Insurance demanding review of United Services ...