National News
News for July 2009
July 31, 2009
- The Hartford Posts Net Loss of $15M in Q2; P/C Combined Ratio at 90.4%
- Grain Dealers Mutual to Become Affiliate of Main Street America
- Study: Health, Life Insurers Ignoring Younger Generations
- FPIC Insurance Group Buys Texas Med Mal Insurer Advocate, MD
- Lindemann Named President, COO, CNA Commercial
July 30, 2009
- House Passes National Flood Insurance Extension Act
- Lawmakers to Propose Ban on Texting while Driving
- Travelers Earnings Fall 20% in Q2; Net Premiums Down Slightly
- HRH Acquisition Helps Boost Willis' Revenues by 19% in Q2
- How to Help Clients Work Through the Challenges of Business Bankruptcy
July 29, 2009
- U.S. Senate May Drop Public Health Care Option
- Study: Texting while Driving More Dangerous than Previously Thought
- AIG, 6 Other Bailed Out Firms to Report Executive Pay by Aug. 13
- Arthur J. Gallagher Reports Q2 Results; Slight Drop in Organic Revenue
- Tanning Beds Pose High Cancer Risk
- Associations Partner to Share Educational Programs, Knowledge
July 28, 2009
- Report Claims Public Option Would Not Drive Out Private Health Insurers
- Chartis: Other Firms Share AIG's New Name; Is It a Name to Remember?
- Consumer Group Urges Congress to Curb Insurers' Risky Behavior
July 27, 2009
- Chartis' Moor Maps Out 20% Sale, Other Steps in Separating from AIG
- AIG Launches New Brand Name, Chartis; Moor Named CEO
- Chinese Drywall: Builders and Subs Face Huge Uninsured Losses
- Congress Urged to Raise Liability Standard for Credit Rating Firms
- White House Study: Small Businesses Pay 18% More for Health Coverage
- U.S. Launches Auto 'Clunker' Program
July 24, 2009
- White House Still Sees Health Reform By Year's End Despite Delays
- Chubb Net Income Rises 18% in Q2
- Travelers Names MacDonald EVP, Chief Marketing Officer
July 23, 2009
- AIG Withholds $2.4 Million in Bonuses for Senior Managers
- 'Global' Payments for Doctors, Hospitals Seen As Way to Curb Medical Costs
- Survey: Buyers Prefer Agents When Purchasing Medical Insurance
- Berkskhire Hathaway Cuts Stake in Moody's
- Insurance Association Develops Green Building Risk Options
- Insurance Reform Group Criticizes Medical Malpractice Insurance Industry
- Progressive Introduces Any Auto Commercial Liability Endorsement
July 22, 2009
- Securities Class Actions Decline; More Foreign Firms Targeted
- Health Insurance Agents' 'Fly-In' Has Impact on Capitol Hill, But Is It Enough?
- Report: Federal Safety Agency Withheld Data on Dangers of Distracted Driving
- Ratings Recap: QBE (US), Triangle, Zurich (US) Subsidiaries
- Liberty Mutual Agency Markets Appoints 3 Vice Presidents
July 21, 2009
- Obama Says Health Bills in Congress Are 'Not Where They Need To Be'
- U.S. Reinsurers Post $26.4B in Net Premiums for 2008
- Best Affirms Ex-AIG Personal Lines Company Ratings; Outlooks Stable
- Brown & Brown Profit Up a Notch in Q2
- The Hartford Rolls Out AARP Auto Product Through Independent Agents
- Navigators Expands Agency Professional Liability Program
July 20, 2009
- Travelers Insurance Urges Regional Zones, Federal Role for Wind Coverage
- Survey: Carrier Size Matters But So Do Price, Underwriting and Service
- Premier Sponsors Professional Liability Insurance for Not-for-Profit Hospitals
- Professional Program Insurance Brokerage Enhances Massage Program
July 17, 2009
- SEC Charges 5 with Insider Trading Ahead of Liberty Mutual-Safeco Merger
- Congress Warned Reforms Could Hike Health Care Costs 'Significantly'
- As Congress Picks Up Pace on Health Care Reform, What's Next?
- Survey: Majority of Consumers Avoid Companies That Expose Their Data
- Report: Alexandria, Va., Drivers Most Improved
July 16, 2009
- SEC, Congress Eye Increasing Liability of Credit Ratings Agencies
- Giant Pension Calpers Sues Moody's, S&P, Fitch Over Securities Ratings
- The Hartford's Andrade to Keep P/C Unit Disciplined; Focused on Service
- Ratings Roundup: Castle Key, Preferred Contractors
- Nashville Songwriters, Frost Specialty Offer Copyright Infringement Insurance
July 15, 2009
- First Senate Committee Approves Version of Health Care Reform
- Most Bond Insurers Still Plagued by Troubled Assets
- MetLife to Combine U.S. Insurance Operations Into Single Unit
- AIG Speeds Up Life Insurance Unit IPO
- Insential Launches Home Value Warranty Program for Builders
July 14, 2009
- Analysis: U.S. Small Business Funding Dry, Getting Drier
- Liberty Mutual, CAMICO Insurance Program Targets Larger CPA Firms
- Oak Street Offers New Loan Program for Insurance Agents
July 13, 2009
- Fewer Drunk Drivers on U.S. Roads; Concern Rises Over Drugged Drivers
- P/C Industry Pressured by 2009 Recession; Turnaround in 2011
Cyber Security: Global Risk and Rising Complexity- Jansen & Hastings Launches National MGA Platform
July 10, 2009
- Legislation to Extend National Flood Program Introduced into Congress
- AIG to Pay More Executive Bonuses
- Document Indicates US SEC, CFTC to Police OTC Derivatives
- CEI Questions ProtectingAmerica.org Insurance Study
- AIA Supports Legislation to Extend Federal Flood Protection Program
- PCI Supports Extension of Flood Insurance Program
- Web Site Estimates Hurricane Damages If Old Storms Returned Today
- Winners of IMCA Showcase Awards Named
- Wells Fargo Names Norick Practice Leader - Special Risks National Equine
July 9, 2009
- A.M. Best: P/C Industry's Earnings Down 87% in Q1
- Developing El Nino Could Suppress Atlantic Hurricanes
- S&P Lowers AIG's Personal Lines Subs, 21st Century Ratings
- Rockwood Offers Installments on Life Agents E&O
- Submit Your Industry Golf Photos Today
July 8, 2009
- Survey: Claims Service Is Tops for Agents When Evaluating Carriers
- Accident Victims To Appeal GM Bankruptcy Plan Over Pending Lawsuits
- Pay Consultants Face Ban on Providing Other Work for Same Firm
- What 19 Years in Insurance Has Taught Me
July 7, 2009
- Jury Rules for Ex-CEO Greenberg Over AIG in Starr Case
- Billions At Stake Over Trust in Trial of AIG v. Ex-CEO Greenberg
- Senators Seek Compromise on Public Option for Health Care Reform
- Credit Default Swaps Should Be Regulated As Insurance
- Fireworks Explosions Kill 5 Across U.S.
- Blackstone, Goldman, Credit Suisse Back New Insurance Brokerage
- Baby Boomers, Gen Xers, Millennials at Greater Risk of Hearing Loss
July 6, 2009
- At U.S. Dirt Race Tracks, Money Goes Into Cars, Not Insurance
- Jackson Concert Promoter Says Insurance Covers Accidental Death
- Zurich Expands Cyber Security Coverage
- 2009 Outstanding CSR State Award Winners Named
July 2, 2009
- London American Risk Specialists Offers Haz Mat Haulers Coverage
- Crump Appoints Lloyd as President of Programs
- Starr Indemnity Makes Three Executive Appointments
July 1, 2009
- Reinsurance Market Remains Stable; Rates Steady, Reports Guy Carpenter
- AIG Elects New Directors; Few Air Grievances at Annual Meeting
- AIG Finalizes Sale of U.S. Personal Auto Insurance Units to Farmers
- C.V. Starr Offers Primary General Liability for Commercial Contractors
- Beecher Carlson Names Aon's Grady to Direct Its ZOOM Risk Analytics