National News
News for November 2009
November 24, 2009
- U.S. Finds Strong Link Between Chinese Drywall and Corrosion
One Insurer Bets on Political Campaigns While Another Drops Out- Changes to Federal Insurance Office Act Supported by State Regulators
- Doyle Wins PLUS1 Award
November 23, 2009
- Winners, Losers in Senate Health Bill
- Jury Rules Against Fair Isaac in FICO Credit Score Trademark Case
- M&A Wrap-Up: Insurance Brokerage Mergers Took a Third Quarter Vacation
- S&P Upgrades Crum & Forster Ratings to 'A-'; Fairfax 'BBB-' Rating Affirmed
November 20, 2009
- Ohio AG Sues National Ratings Agencies Over Securities Information
- Most Americans Want Congress to Address Cost of Malpractice Lawsuits
- U.S. Senate Gears Up for First Key Healthcare Reform Vote
Health Care Reform Dominates Trade Group's Lobbying Agenda- AIG CEO Benmosche Frustrated with Degree of Government Oversight
- Ex-Parmalat Auditors Settle U.S. Investor Lawsuit for $15 Million
- Best Affirms Ratings of Assurant and Its Subsidiaries; Several Upgraded
- Best Affirms Balboa and Group Members 'A' Ratings
- Best, S&P Assign Ratings to Transatlantic $350 Million Debt Issue
November 19, 2009
- House, Senate Healthcare Bills Have Major Differences
- Marine Insurers Expect Soft Market to Continue in 2010
- Private Equity Firm Sees Opportunities in Insurance
- Insurance Top Picks for Safety: Ford, Subaru, Volkswagen
November 18, 2009
- Did Government Overpay to Bail Out AIG?
- Insurance Associations Concerned on Financial Stability Improvement Act
- Munich Re America Offers 'Local' Nat Cat Frequency Coverage
- Chartis Introduces Environmental Risk Exposure Endorsement
- Ratings Roundup: Employers, Germania Mutual, Lakeview
- Zinno Named Vice President and Head of GEICO Insurance Agency
- AXA Art Insurance Appoints Pittinger as Director of Underwriting
November 17, 2009
- Unicare to Exit Group, Individual Healthcare Market in Illinois, Texas
- Lacher to Head Allstate's P/C Division
- Beazley Launches Two Environmental Insurance Products
- Arch Re Makes Management Changes; Promotes Olson to President, CEO
- Navigators to Repurchase Shares
- New Insurance Program for Amusement Rental Industry Now Available
November 16, 2009
- Marsh & McLennan Settles Pension Plans' Suit for $400 Million
- Senate Financial Regulation Bill Hikes Credit Rating Firms' Liability
- ISO ProMetrix Offers Access to Data on 3 Million Commercial Buildings
- AAU Offers Retail Furniture Store Insurance Program
- Willis North America Names Joost as National Partner in New York
November 13, 2009
- Business Roundtable Says Health Reform Must Contain Employer Costs
- Bear Stearns Acquittal May Force Government to Rethink Fraud Cases
- Chartis CFO Says Insurer Isn't Seeing Employee Exodus
- Ratings Recap: ProAssurance, Lawyers Mutual
- American Alternative Insurance Partners with PersonalUmbrella.com
- Abacus Insurance, National Specialty Underwriters Recognized for Best Practices
November 12, 2009
- Benmosche Denies He Might Leave AIG; 'Totally Committed' Says CEO
- Marsh & McLennan Agency Acquires Insurance Alliance of Texas
- Chemical BPA in Workers Linked to Sex Problems
- AAIS Introduces 'Green' Coverage Option For Commercial Output Program
- Irwin Siegel Agency Offers Enhanced Workers' Comp Program
- Murphy Joins InStrategy as Managing Director, Operations Practice
November 11, 2009
- CEO Benmosche Believes AIG Employees' Compensation Too Low
- Senate Bill Calls for New Financial Stability Agency, Insurance Office
- Insurance Trades Cast Wary Eyes at Senate Financial Services Bill
- Senator Kerry, UN's Ban Ki-moon Upbeat on Climate Bill Prospects
- Essentials: A Reminder on Managing Agency E&O Risk
- The Hartford Enhances Cyber-Liability Policy
- Lundy to Head Zurich's Energy Business in North America
November 10, 2009
- Tropical Storm Ida Pounds Gulf States with High Winds, Heavy Rains
- Greenberg: Story Line Shifts to His Private Company, C.V. Starr
- Moody's: AIG Likely Able to Repay Government Bailout Funds
- Supreme Court Justices Question Patents for Business Methods
- Employers Cautioned to Beware of 'Hostile' Employees When Downsizing
November 9, 2009
- Provisions of House Healthcare Bill
- Supreme Court to Hear Key Case on Patents For Business Methods
- Hurricane Ida Shuts Gulf Refineries; Downgraded to Tropical Storm
- Insurance Agents Hit House Health Bill As Bad for Small Business
- Best Puts Berkshire's Subsidiaries Ratings under Review/Negative
- Ratings Roundup: Upland Mutual, American Community
- OneBeacon Targets Design Professionals
November 8, 2009
- House Narrowly Approves Major Overhaul of Healthcare System
- AIG Draws $2.1 Billion to Buy Aircraft Leasing Firm Shares
November 6, 2009
- Close House Vote on Healthcare Expected Tomorrow
- U.S. Senate Passes Tax Loss Credit for Business
- British Study Raises Fresh Questions About Safety of Nanoparticles
- AIG Posts $455 Million Q3 Net Income; Stabilization Continues
Kronenberg Touts Innovation in Partnerships, Program Manager Role- Fitch May Cut Berkshire Rating on Burlington Buy
- Allstate Reports Q3 Profit
- Military Insurer USAA Expands Reach by 35 Million to All Veterans
November 5, 2009
- Survey: Despite Slow Growth, Carriers Still Upbeat About Program Market
- State Insurance Chiefs Urge Steps to Control Health Costs for Small Business
- S&P Puts Berkshire Hathaway on Credit Watch - Negative
- Recovery Could Depend on Companies' Savvy Use of Temporary Workers
- Chartis Forms Marketing Alliance with PowerGuard for Wind & Solar
- Trillium to Acquire Geneva Insurance
- Vie to Step Down as Unitrin's Chairman; Southwell Named Successor
November 4, 2009
- U.S. Rep. Kanjorski Favors Curbing Size of Financial Firms
- The Hartford Reports 3Q Loss
- U.S. Pay Czar to Decide on Clawback
- Marsh Q3 Revenue Down But Profit Up
- Ratings Recap: Arbella, Wayne Mutual, Arrowhead, Unique, Oswego County
- Main Street Group Adds 5 States for Business Owners Policy
- W.R. Berkley Elects New President, Chief Operating Officer
November 3, 2009
- IRS to Audit Large Companies on Tax, Independent Contractor Issues
- A.M. Best Study: P/C Industry's Risk-Adjusted Capital Fell in 2008
- House Republicans Plan Own Healthcare Reform Bill
- U.S. Appeals Panel Hears 'Clawback' Claims in Stanford Fraud Case
- Travelers New Product Targets Medium-Sized Health Care Firms
- TimeWise: How to Tame Your E-mail Monster
- Vertafore Releases Version 4.0 of AMS360 Agency Management System
- International Association of Claims Professional Elects New Leadership
November 2, 2009
- Small Business Owners See Their Firms Leading Recovery Next 2 Years
- Groups Call for Balance in Immigration, Worker Protection Law Enforcement
- House Health Bill Boosts FTC Authority Over Health Insurers
- Documents Reveal How SEC Botched Madoff Securities Investigations
- Firms Fight Flex Spending Account $2,500 Cap Under Health Reforms
- Delaware Beats Switzerland As Most Secretive Financial Center
- Q3 Profit Rises at CNA; CEO Motamed Sees 'Encouraging' Rate Trends
- Louisiana Researcher: Recent Sex Scandals a Lesson for Managers
