National News
News for March 2007
March 30, 2007
- Judge Rules Spitzer Suit May Continue; Liberty Mutual Not Giving Up Fight
- RMS Defends 'Near Term' Hurricane Model, Denies Collusion
- Veterinarians Blame Poisoned Food for More Than 100 Pet Deaths
- Lexington Expands Workplace Violence Services for Employment Liability Risks
March 29, 2007
- 'Near Term' Hurricane Models Used by Insurers Under Fire
- Consumer Groups Say Market Forces, Not Claims, Caused Med Mal Crisis
- Probe Uncovers 3,500 Safety Violations on CSX Railroad Properties
- Firm Sues U.S. to Gain Access to Ford Motor Tire Injury Data
- AXIS Capital to Acquire Aon's Media/Professional Insurance
- Intellectual Property Insurance Ups Available Limits to $5 Million
- Euclid's BusinessWare Packages Liability for Service Professionals
- Patterson Takes Over at The Hartford's First State, Succeeding Palmieri
- Zurich's Patton Joins EPA Advisory Board
- Eden Joins Main Street America
- A.M. Best Reviewing Merastar Positively in Light of Sale to Unitrin
March 28, 2007
- Insurers Reject Critics Who Say Big Profits Are at Claimants' Expense
- Let Private Markets Handle Most Disasters, Insurers Advise Congress
- Class Action Filed Against Manufacturer Over Tainted Pet Food
- Fla. Commissioner Testifies for States on National Disaster Insurance
- Wanted: Appraisal of Elvis Items to Relieve 'Suspicious Minds'
- Hub Partners with Hiscox to Roll Out High Risk Homeowners Policy
- QuickQuote Under New Leadership
- Derek Hughes/NAPSLO Foundation Establishes Two New Scholarships
- National Alliance Issues Agency Automation Guide
March 27, 2007
- Bipartisan Flood Insurance 'Modernization' Bill Boosts Borrowing, Maximum Limits
- Supreme Court to Consider Broader Liability in Securities Fraud
- Study Claims U.S. 'Tort Tax' Tops $9,800 Per Family
- First Responders, Businesses Tell Congress U.S. Needs Disaster Plan
- A.M. Best Cites 15 P/C Insurers as Financially Impaired in 2006
- Some Worry Increased Fines Won't Make Mines Safer
- The Hartford Reports $7 Million in Philanthropy
- PLUS Foundation Names Two Directors to Board
March 26, 2007
- U.S. Study Finds Majority of Medical Malpractice Claims Close Without Payment
- Cracker Barrel Restaurant Chain Sues Insurers Over Harassment Claims
- Agents Hit U.S. Chamber Backing of Federal Insurance Regulation
March 23, 2007
- Scientists Disagree Over Hazard Posed by New Madrid Earthquake Fault
- Federal Mine Safety Agency Increases Fines for Safety Violations
- Congressional Democrats Call for Improved Bus Inspections
- Consumer Group Challenges FDA Findings on Safety of Cloned Food
- Study: Flu Pandemic Could Lead to U.S. Recession
- Hub Shareholders to Get $41.50 per Share, Up from $40, in Amended Deal
- Travelers Expands Its Offerings for Bridge Contractors
- Life Brokerage Association Exec Resigns
March 22, 2007
- Fla. Senators Propose National Hurricane Relief 'Six-Pack' of Bills
- Hanover's New Connections Home Completes Personal Lines Redesign
- Genesis Offers New School Violent Acts Policy
- BISYS Launches Towing Program
March 21, 2007
- Merck Fights Vioxx Class Action Suit Brought by Insurers
- Procter & Gamble Wins $19 Million in Lawsuit Over Satan Rumors
- Aon Study: Homeowners More Volatile than Private Passenger Auto
- BISYS Specialty Launches New Nationwide Towing Program
March 20, 2007
- Holocaust Insurance Claims Appeals Conclude; $300 Million Awarded to Survivors
- Health Proposals Would Reduce Uninsured and Costs, Analysis Finds
- Study: States Getting Tougher on Fighting Fraud
- Marsh Names 3 Operating Chiefs: Hagemann, Lessing and Petronis
March 19, 2007
- Hurricane Chief Voices Concerns About Forecasts from Aging Satellite
- Major Recall of Pet Food Has Animal Owners Frantic
- House Committee Approves Agricultural Disaster Funds
- NCCI Workers Comp Symposium Set for May in Orlando
March 16, 2007
- Washington Warming to National Disaster Plan Idea
- FBI: Internet Crimes Range from Auction Fraud to Murder Threats
- Wal-Mart Drops Bid to Form Bank
- ACE Survey Shows Data Loss is Top Operational Risk Threat
- Argonaut, PXRE to Merge; New Entity Named Argo Group
- Main Street America Reports 2006 Was Among Its Best Ever
- MajescoMastek Names McCarter President
March 15, 2007
- R.I., Mass. Safest While Wyo., Ark. Deadliest States for Truck Crashes
- N.J. Jury Awards $47.5 Million in Vioxx Heart Attack Retrial
- Study: High Deductibles Cut Down on Emergency Room Visits
- Insurer Argonaut, Reinsurer PXRE to Merge, Forming Argo Group
- C.V. Starr Creates Global Accident, Health Unit; Partners with Chubb
- Main Street America Promotes Kuhl, Schultz; Appoints Frazier
March 14, 2007
Agents and Brokers: Extended Deadline to Submit for IJ's Top 100, March 21- Survey: Most Workers Underestimate Chances, Impact of Disability
- AmWINS Outlook Revised to Stable From Neg; Ratings Affirmed
- Big 'I' Makes Changes to Federal Affairs Staff
March 13, 2007
- Beazley Acquires Health Care Specialist Sapphire Blue
- Travelers' CEO Fishman Paid $15.7 Million Last Year
- FDA Issues Guidance for Fresh Cut Produce
- Liberty Mutual Property Launches New Food Processing Product
- HCC Elects Dickerson Chairman of the Board
- Man Sues for $1.6 Billion Over Rights to Sponge Bob Square Pants
March 12, 2007
- Dodd Blasts Insurance Industry Response to Hurricanes
- Markel Acquires Black/White Social Services Business
- HCC Names Goodreau Senior VP and Chief Actuary
- Fireman's Fund Introduces Data Compromise Coverage
- Regulators Release Annual Report
March 9, 2007
- Reinsurers' Group Says Regulation Goes Beyond Collateralization Issue
- Google's Advertising Head to Address Insurance Marketing Event
March 8, 2007
- Bliss & Glennon Expands Nationwide with Central, Southeast Offices
- Beecher Carlson Adds Brainard to National Casualty Practice
- PCI Appoints Kate Prible to Lobbying Position
March 7, 2007
- Panel Criticizes Spitzer's Case Over Greenberg's Handling of Charity
- New AIG Unit Formed to Help Manage Terrorism Exposure and Risks
- The Hartford Sells Medical Stop Loss Business to UnitedHealth Unit
- State Farm CEO Gets 82% Pay Raise
March 6, 2007
- FBI Finds Stolen Norman Rockwell Painting in Spielberg's Home
- Swiss Re Adds Excess Layer Coverage for Lawyers
- Travelers' Small Tech Packages Run Gamut from 'Garage to Greatness'
March 5, 2007
- A.M. Best: Commercial P/C Outlook Stable Despite Price Competition
- Study: Midsize Car Bumpers Do Little to Prevent Costly Damage
- Congressman's Widow Urges Senate to Ban Asbestos
- In Manhattan: Agents, Insurers Renew Call for Federal Terrorism Insurance
- Royal & Sun Management Team Completes Buyout of U.S. Businesses
- Zurich's Farmers Group to Buy U.S. Auto Insurer Bristol West
- Berkshire Reports 29% Jump in Earnings; Seeks Buffet Successor
- Unitrin Acquiring Personal Lines Insurer Merastar for $45 Million
- Two Giant Glass Repair Firms Become One as Belron Acquires Safelite
March 4, 2007
March 2, 2007
- Rep. Frank Unveils Bill to Give Shareholders Vote on Executive Pay
- OneBeacon Forms Government Risk Specialty Unit
- Insurance.com Buys 4insurance.com
March 1, 2007