National News
News for June 2007
June 29, 2007
- Report: Calif., Minn., N.J., N.C. Have Worst Traffic; N.D., S.C. Have Best Roads
- Berkshire's Buffet, at Clinton Fundraiser, Tutors Dems on Business
- McGlennon Named CIO, VP for Liberty Mutual Agency Markets
- Ultimate Producer School Partners with American Institute
June 28, 2007
- P/C Industry Net Income, Overall Profitability Slip in 1Q 2007
- Treasury Chief Paulson Vows Review of U.S. Financial Services Regulation
- Willis Acquires Online Small Business Broker InsuranceNoodle
- MedRisk's Boyce Named to Workers Comp Research Institute Board
June 27, 2007
- 75% of Auto Insurance Shoppers Who Met with Poor Service Switch Carriers, Survey Finds
- Bermuda Shorted as More U.S. Captives Form Onshore, Aon Reports
- Greenberg Suit Takes Aim at AIG for 'Hundreds of Millions' Earned from Starr
- Fire Danger Leads to Recall of Gateway Notebook Batteries
- Plaintiff Who Lost Pants Loses $54 Million Suit Against Dry Cleaner
- Ratings Roundup: Hanover/Professionals Direct
- Schneider Tapped to be Executive VP at Insurance Information Institute
- Liston to Head Marsh Office in N.Y.; Zemann in Seattle
June 26, 2007
- House Passes Uniform Surplus Lines Insurance Reform
- U-Haul Trailer Practices Raise Car Accident Risk, Newspaper Reports
- Industry Supports Terror Bill But Not All Agree with NBCR Mandate
- Moore Film's 9/11 Workers Denied Insurance, Sought Care in Cuba
- Wells Fargo to Acquire Universal Insurance Services
- Ratings Recap: Hartford; Aon
- Tapco Underwriters To Expand with Calif., Texas Offices
June 25, 2007
- Supreme Court Raises Bar for Investors Bringing Securities Fraud Suits
- AIG Among Winners in Blackstone Group's Giant IPO
- Hanover Group Acquires Michigan-Based Professional Liability Carrier
- Willis Adds Two to Energy Practice
June 22, 2007
- British Forecasters Predict Fewer Atlantic Storms than U.S. Teams
- Oil Industry Develops New Safety Standards for Hazardous Worksites
- Standard & Poor's Hit with $5 Million Employee Bias Suit
- Ratings Roundup: ProAssurance
June 21, 2007
- Democrats in Congress Propose Major Mine Safety Legislation
- Swett & Crawford Expands Global Insurance Platform
- Best Raises Sheboygan Falls Ratings to 'A' on Donegal Deal
- American Safety Enters Surplus Lines Property Market
- Ratings Roundup: Safety National
- Liberty Mutual Underwriters, Lemme Offer Accountants' Professional Liability
June 20, 2007
- P/C Insurers Invest $320 Billion in Public Projects Including Schools
- Survey: Inlanders Oppose Subsidies for Risky Drivers, Coastal Homes
- Supreme Court Ruling Limits Investors' Antitrust Claim Recoveries
- Road Sins: Vatican Publishes 10 Commandments for Drivers
- Rich Joins Legends Environmental as VP, Wholesale Division
June 19, 2007
- House Bill Renews Federal Terrorism Reinsurance for 10 Years, Expands Definition
- Supreme Court to Hear Sprint Age Bias Case That Could Limit Claims
- Safety Officials Urge Chlorine Gas Transport Measures
- Commission Files Final Report on Holocaust Insurance Claims
- Ratings Recap: Travelers, Mapfre (NJ & FL), AXA Art, Progressive (debt)
- NIP Programs Grows Greener with GrowPro for Nurseries, Garden Centers
- Navigators Pro Adds Cyber Privacy to Lawyers Liability Policy
- Study Concludes Child Passengers Safer When Teen Driver Is Sibling
- Catlin US Appoints Greggains, Englesbe as Chief Underwriting Officers
June 18, 2007
- House Panel to Hear Terrorism Insurance Renewal This Week
- Mine Safety Officials Warn 8 Mines in 5 States About Repeat Violations
- Report: Protestant Church Insurers Handle 260 Sex Abuse Cases a Year
- Near-Collisions Prompt Congressional Call for Assessment of U.S. Air Safety
- Hurricane Center Chief Criticized for Aging Satellite Warning
- Recent Ratings Roundup: Physicians Mutual; Fairfield; Madison
- AmWINS Acquires Maritime Broker American Equity; Refinances Debt
- Francis L. Dean Opens Offices in California, Florida
June 15, 2007
- Judge Blocks Greenberg Move to Add AIG Execs to Lawsuit Over C.V. Starr
- Best Puts Kodiak under Review
- Ratings Recap: Mercury; Willow Re (Allstate); Penn Treaty
- Classic Automobile Insurance Agency Now Offers Free Driver Club
June 14, 2007
- Flood Insurance Program Doesn't Know If Payments Covered Wind Damage
- Hurricane Forecasting Satellite Could Fail Anytime
- Best Affirms AIG's 'Superior' Ratings
- Apax Closes on Acquisition of Hub
June 13, 2007
- So How Prepared for the Unexpected Are Americans? Survey Says...
- Bush Administration, SEC at Odds over Scheme Liability in Enron Case
- Risk Managers Wrong to Oppose Contingent Pay, Charge PIA Agents
- Hartford Financial Reports Changes at the Top; Names Marra President
- Ratings Roundup: NY Marine (NYMAGIC); Sooner
- Builder's Risk Remains Difficult But Manageable, Advises Mercator
- Beecher Carlson Expands Executive Liability Team with Roberts, Fine
June 12, 2007
- Fireman's Fund CEO Beneducci Resigns After 6 Months in Post
- Marsh & McLennan Blasts N.Y. Post Criticism of Ad Photos
- Jury Finds DuPont Dioxins Not Liable for Child's Death
- S&P: 2007 Mid-Year Outlooks for U.S. P/C Teleconference Today
- Best Rates State Farm 'A++'
- Ratings Roundup: Liberty Northwest; Aetna; TNUS
- Travelers Targets Public Entities with Workers' Comp Solution
- Ill. Group Offers New Information on Terrorism Loss Costs, Rating Factors
- Aon/Albert G. Ruben Finds Improved Conditions for Filmmakers
- Abraham Joins CNA Property and Marine Division
June 11, 2007
- Privacy Groups Caution as Insurers Move Health Records to Web
- AIG to Record $50 Million Charge in Mortgage Fee Settlement
- Voluntary Beef Recall Expands
- Best Upgrades/Affirms Ratings on Old Republic and Subs
- Best Affirms AmTrust Group Ratings
- Ratings Recap: Philadelphia/Liberty American Group; Eastern Alliance
- Investment Manager D.E. Shaw Set to Acquire Specialty Insurer James River
- Marsh Appoints McGivney as CFO
June 8, 2007
- Fast-Growing, State-Run Property Insurers Pose Risk for Taxpayers
- Best Places Two Kingsway Subs 'Under Review/Negative'- Company Analysis
- Ratings Roundup: Employers; Argonaut; First Beacon
June 7, 2007
- FDA Seeks to Improve Communication with Public about Product Risks
- House to Hold Hearings on Hurricane Insurance Practices Next Week
- Sexual Harassment Training Does Not Invite Lawsuits, Claims College Study
- Ratings Recap: QBE (US); HSBC; Genworth; State Farm; Mystic Re II
- GNY Insurance Expands in Midwest
- Hafter Promoted to President at C.V. Starr & Co.
- AIR Factors Business Interruption into Hurricane Model
- Effner Joins Main Street America
- Caufield Named Underwriting Officer for OneBeacon Government Risk Unit
- Claims VP Fauth Leaving Tower Group
June 6, 2007
- Violent Crime Up, Property Crime Down in 2006, FBI Reports
- Fair Isaac to Adjust Credit Scores to Stem Credit Renting Practice
- Banks Boost Insurance Brokerage Fees for First Quarter
- Insurers Urge Regulators to Keep McCarran-Ferguson
- Regulators Debate Model Laws
- 2007 Storms to Include Gabrielle, Erin, Felix, Lorenzo and Wendy
- Ratings Roundup: Jefferson; Southern Guaranty; Professionals Direct
- Hilb Rogal Hobbs to Buy Kansas Agency, Charton Manley
- USG's Restoration Contractors Package Program Available in Most States
- USI Names Nerlino as CFO
- E. Coli Fear Spurs Ground Beef Recall in 10 States
June 5, 2007
- Supreme Court Rules on Insurers' Credit Reporting Notification Cases
- Consumers Not Informed about Homeowners Insurance, Study Says
- Fireman's Fund Offers E&O for Big "I" Membership
- Ratings Recap: Tower; Preserver; Agrinational
June 4, 2007
- Poll: Many Coastal Residents Still Not Ready for Hurricanes
- QBE Completes U.S. Acquisitions; Positive Ratings Reaction
- Consumers Warned About Scam Using Maine Insurer's Name
- S&P Experts See Latest Pricing Downturn as 'Something Different'
- 'Get Government Out of the Way' to Solve Insurance Woes
- Best Affirms Markel's 'A' Ratings; Upgrades Debt Instruments
- Blackstone Group, Management to Buy Alliant from Lindsay Goldberg
- Ratings Roundup: GUARD; Toyota; Starbound Re
- Colorado, Minnesota, North Dakota, Virginia Receive Accreditation Awards
June 1, 2007