National News
News for February 2007
February 28, 2007
- Industry: Federal Terrorism Insurance Still Vital to National Security
- More Than Half of Adults Could Not Meet Expenses If They Became Disabled, Survey Shows
- Markel Names Smith as V.P. for Marketing
February 27, 2007
- Reinsurance Proposal: Big Effect on Collateral, Limited Effect on Ratings
- Disasters, Healthcare Challenges Spell Jobs for Actuaries
- Liberty Mutual Reports Record Earnings
- GMAC to Offer RV Coverage Nationwide
- A.I. Risk Introduces Diagnostic Radiology Facility Program
- SNL Financial Now Offers MarshBerry Research Reports Online
February 26, 2007
- State Farm Moves to Bar Judge from Ruling on Katrina Class Action
- Hub International Being Bought for $1.8 Billion; $40 per Share
- U.S. House Panel to Meet in N.Y. March 5 on Terrorism Insurance
- Mexican Trucks to Travel Deeper into U.S. Roads; Safety Advocates Say Move Endangers Motorists
- AIR Worldwide Names Rollins Vice President
February 23, 2007
- More Catastrophe-Related Laws Enacted in 2006, Survey Shows
- Government's Criminal Cases Against Specialist Stock Traders Falter
- U.S. Plans Shift in Meat, Poultry Plant Inspections
- FBI Says Stock Options Fraud Cases Aim for Level Playing Field
- Bass Underwriters Offering BOP Program
- Progressive Drops 'Drive' Brand Name...Except in Calif.
February 22, 2007
Agents Could Benefit from Incentive Pay Plans Replacing Contingent Income- NCCI: Measuring the Factors Driving Medical Severity
- Equipment Breakdown Coverage Now Offered in Homeowners Program
- Ill. Country Financial Says Americans at Odds on Financial Security Issues
- Houston General Expanding into Pa., Ind. Personal Lines Markets
- New Handbook Offers Tips for Mitigating E-Lawyering Risks
February 21, 2007
- Insurers Hail Supreme Court's Curtailing of Punitive Damages
- Federal Class Action Filings Plummet But Settlement Amounts Rise
- Royal Sun U.S. Buyout Can Proceed Subject to Conditions
- Final Call to Participate: Who's Worth What in the Independent Agency System?
- Ala.'s Bell Elected to Leadership of International Insurance Group
- HCC Chairman Way Retires
February 20, 2007
- Chicago Exchange, Carvill Ready Hurricane Futures for Insurers
- Chicago Exchange, Carvill Ready Hurricane Futures for Insurers
- Smart Choice University Formed; Quinn Named Director
- AIG Environmental to Offer Property Insurance
- Longshore Employees Covered Under LIG Marine Managers Endorsement
- RMS Releases Risk Model for Influenza Pandemic
February 16, 2007
- Study: Allowing Generic Biotech Drugs Could Save $70 Billion
- InsurBanc Introduces Equipment Leasing Program
- PHLY's Maguire Buys Renewals of Calif. Agency Targeting Fitness Industry
February 15, 2007
- Senate, House Get Bipartisan Bills to Repeal Insurance Antitrust Immunity
- Surplus Lines and Reinsurance Reform Legislation Reintroduced in Congress
- ConAgra Voluntarily Recalls Peanut Butter for Possible Salmonella Contamination
- Allstate Says It Paid Katrina Claims of Type State Farm Denied
- Insurer Agrees to Extend Deadline for Holocaust Victims' Claims
- Who's Worth What in the Independent Agency System?
- WKF&C Adds Insurance Agents' Professional Liability Coverage
- Guy Carpenter Appoints Hanke Senior V.P.-Treaty
February 14, 2007
- Insurance Journal-Demotech Report Identifies 139 Super Regional P/C Insurers
- S&P Withdraws GE Re's Ratings
- For Better or Worse...Travelers Launches Wedding Insurance
- Car Airbags Can Cause Permanent Hearing Loss, Study Says
- Jones Named President of Bliss & Glennon, Abramson Regional Director
February 13, 2007
- St. Paul Travelers Changes Name to Travelers; Reunites with Red Umbrella
- Insurance Company Run-Off Management Strategies Face Obstacles, Study Says
- Firm Vows to Replace Weather Insurance with Online Risk Tool
- Agents Prepare for Legislative Summit in Washington
- New Wholesale Broker, Camford National, Opens in N.J.
- Brown & Brown Sees Record Earnings in '06; Nears $1 Billion Revenues
- Marsh & McLennan 4Q Profit Soared
- Insurance Industry Charitable Foundation Hosts Club100 Dinner
February 12, 2007
- The Commissioners Series: Ala.'s Bell, NAIC President, Pursues Strategic Plan
- Air Tour Operators Face Stricter U.S. Safety Standards
- TJX Facing Multi-State Probe, Mounting Lawsuits Over Data Breach
- Chrysler Group Recalls Dodge Ram Pickups
February 9, 2007
- Doctors Suspect Insurers' Rankings Measure Cost, Not Quality
- Agents Welcome Windstorm Debate; Insurers Warn Against Subsidies
- National Safety Group Supports 2008 OSHA Budget
- NSM Ready with Ready-Mix Concrete Program
- Professional Underwriters Adds Mesure as Senior Risk Control Consultant
- Insurance Skills Center Announces New Construction Designation
February 8, 2007
- RenaissanceRe Settles Finite Risk Charges with SEC for $15 Million
- Regulators Release Annual Homeowners Insurance Comparison
- Statistics Prove Seat Belts Save Lives
- The Hartford, AARP Renew Personal Lines Pact Until 2020
- Jones Named President of Bliss & Glennon
- Heberton Named President of NLC Mutual
February 7, 2007
- A Computer Hacker Strikes Every 39 Seconds, Warns U. of Md. Study
- Chicago Aon's Entertainment Group Announces Restructuring
- Competition to Recognize "Best of the Best" in Insurance Marketing
- Insurance Skills Center Hosts Contractors & Builders Conference
February 6, 2007
- 2.3 Million Maytag Dishwashers Recalled
- Edwards Calls for Universal Health Care Coverage
- Lexington Increases Terrorism Capacity to $250 Million
- LMC Capital Names Carico SVP
- Ford Vehicles Receive Top Scores in Crash Tests
- National Group Hires New Federal Public Affairs Director
February 5, 2007
- Levees in 27 States at Risk of Failing; Could Trigger Flood Insurance Mandate
- Industry Forecast Predicts Slower Premium Growth, But Underwriting Profit in 2007 and 2008
- Royal & Sun Management Buyout Clears Hurdle; Final OK Expected
- City Disaster Teams Share Lessons from Terrorist Attacks
- For NFL Pros, Retirement Often Means Tackling Health Woes
- Acordia Changes Name to Wells Fargo Insurance
- Darwin Adds Managed Care E&O Risk Management Program
February 2, 2007
- Report: ID Theft Down; Key Risk Factors Include Age, Income
- U.S. Judge Weighs Holocaust Victims' Settlement with Italian Insurer
- Feds Extend Moratorium on Nonfinancial Firms' Entry into Banking
- Boston Risk Specialists Appoints New CEO
February 1, 2007