National News for July 2011 Audit Criticizes Administration of Defense Base Insurance Program Western World Insurance Group Introduces Mobile Integrated Platform Contractors Acting As Public Insurance Adjusters Irk States Aon Q2 Profit Rises 69% House Committee Hears Concerns on Surplus Lines Reform Tax Issue P/C Commercial Prices Showed Modest Increases in Q2: Brokers’ Survey CNA Enhances Real Time Quoting System for Small Business Agents Group Captive Chooses The Hartford As Insurer P/C Insurers Still Saddled with Asbestos Reserve Challenges 14 Mining Deaths Reported Thus Far in 2011 Michigan Group Seeks Supreme Court Review of Healthcare Law Zurich to Offer Accident Benefits for Overseas Federal Contract Workers Lehman Executives, Auditor Must Defend Investor Lawsuit, Judge Rules Lloyd’s America President Watkins Campaigns for Broader Appeal Chinese Drywall Supplier Told to Release Insurance Details Death of the Treasury Benchmark: James Saft Commentary Insurers Urge Senate OK for Insurance Rep on Financial Council Chartis Expands Environmental Insurance Coverage to Chemical Industry Beecher Carlson Offers Warranty Product for Ivanpah Solar Power Plant Moody’s: U.S. P/C Insurers’ Report Meaningful 2010 Reserve Releases Bresnahan Named President of Lexington Insurance Allstate Agents Hope Unionization Sparks Changes at Insurer Best Gauges Potential Impact of U.S. Debt Ceiling Impasse on Insurers BP Gulf Oil Spill Claims Fund to Be Audited Final U.S. Report on BP Gulf Oil Disaster Delayed More States Join Surplus Lines Tax Sharing Proposal U.S. Cyber Arrests Seen Leading to More Hackers Plaintiffs in Wal-Mart Bias Case Return to Court MetLife to Sell Banking Unit to Avoid ‘Too Big To Fail’ Regulation Zurich Says Its Policy for Sony Doesn’t Cover Data Breach S&P Says 50-50 Chance of U.S. Ratings Downgrade Ready or Not, New Surplus Lines Law Is Here Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage States Negotiating Immunity for Banks Over Foreclosures Travelers Posts Q2 Loss with $1 Billion in Tornado Costs Ryan Specialty Group Forms MGA Focusing on Renewable Energy Risks Good Morning NRRA! Home State Scenarios for Affiliated Groups Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved Soda Makers Fight Back Against Obesity Claims: Reuters Volvo Technology Prevents 27% of Low-Speed Crashes: Insurance Study U.S. Arrests 14 for Roles in PayPal Cyber Attack Best May Cut Ratings Outlook on Life Insurers USI Completes Acquisition of Tricerion Insurance Keywords Add Big to Google Profits President of Allstate Protection Unit Leaves Ironshore, Equinox to Provide Additional Credit Insurance Capacity U.S. Building Supply Firm Sues Chinese Drywall Maker Aon Acquires Benchmarking Firm Ward Financial What the Waffle House Can Teach About Managing Supply Chain Risk Ratings Recap: Washington Casualty, Western, One Beacon (notes) S&P Revises Outlook on Nationwide to Stable; Affirms Ratings Retail Web Site O.co, Known as Overstock.com, Now Selling Insurance Internet Truckstop, Registry Monitoring to Provide Tracking, Insurance Monitoring Panel Says No Evidence of Wrongdoing at Dow Jones ‘Bentley Bandit’ Luxury Car Thief, Wanted in 7 States, Caught Feds Questioned About Pipeline Safety Judge Tosses Racketeering Claims vs. BP Over Oil Spill S&P Threatens Downgrade of Insurers, Financial Firms Over Debt Ceiling S&P Threatens Downgrades of Finance Companies; ‘AAA’ Rated Insurers RIMS Approved as Accredited Standards Organization Which U.S. Metro Areas Are Most Able to Withstand a Disaster? How Health Insurance Premiums Vary by State Marsh Names Barber to New Role in U.S. Property Practice Lexington to Insure Expenses, Delays from Archaeological Findings House Committee Approves Federal Workers’ Compensation Reforms Paralyzed Chinese Gymnast Agrees to $10 Million Injury Settlement Baseball Teams Reviewing Stadium Safety After Fan’s Death Shareholders Sue Murdoch’s News Corp. Hartford Hit with Q2 Catastrophe, Asbestos Losses ACE Westchester Expands Environmental Coverage with Premises Pollution Package Insurer Wants to Sign 100 Agents in 100 Days Allstate Q2 Catastrophe Losses Now at $2.3 Billion Fidelity National Sells Flood Insurance Business Employment Class Actions Survive Despite Wal-Mart Ruling House Approves Flood Insurance Program Renewal, Reforms S&P Downgrades 6 Cat Bonds; Removes 10 from Negative CreditWatch AIMU Updates Pollution Exclusion Clause, Buy-Back Endorsement Marsh Launches Coverage for Foreign Corrupt Practices Act Investigation Costs Cigelnik Joins Insurer Trade Group PCI Don’t Kill Flood Insurance Program, Insurers Tell Congress BP Accused of Trying to Limit Gulf Oil Disaster Claims Judge Trims Toyota Investors’ Legal Claims States Given Flexibility on Health Insurance Exchanges Ullico Casualty, Philadelphia Partner to Offer Surety to Union Contractors States to Learn Details of Health Insurance Exchanges Today Thompson Joins NAIC as Manager of International Relations Unit Federal Debt Negotiators Eye Limiting Health Insurance Tax Break Federal Court Upholds Umbrella Insurer in Asbestos Coverage Dispute U.S. Hurricane Season Could Be Market Tipping Point: Marsh PowerGuard Unveils Solar Project Performance Guarantee Policy Farmers Insurance Employees to Get $1.5M in Back Wages Liberty Mutual Sues Goldman Over Freddie Mac Investment Losses Buffett Gives $1.8 Billion to Gates, Family Charities Best Affirms Navigators Group Ratings; Outlook Stable La Nina, Blamed for US South Drought, May Revive this Autumn Penn Millers Introduces Workers Compensation Toolkit $750M Settlement Reached with U.S. Farmers over Genetically Modified Rice Leadership Turnover, and Women Executives, Rule at Fireman’s Fund P/C Insurers Can Handle Muni Bond Stress: Moody’s Association of Women in Insurance Elects New Officers Reinsurance Prices Flat Except in Catastrophe Regions: Aon Expected Summer Floods Could Set Record Berkshire Joins Group Bidding for Citi Consumer Loan Unit: WSJ NFIB, EMPLOYERS Expand Workers’ Comp Program to Eight More States Marsh Forms New Global Mining Practice Strauss-Kahn: Going From Defendant to Plaintiff Could Be Risky LaRocco Out at Fireman’s Fund; Fouché Named CEO Willis Launches Bed Bug Insurance Protection for Hotel, Residential Industries Crime Insurance Steps Up to Plate for Little Leagues As Thefts Rise U.S. Wary of Possible Cuba Oil Spill Hanover Completes $474M Acquisition of Chaucer Marsh Risk Consulting Launches Information Protection, IP Coverage New Chubb Service Assists Businesses With Data Breach Fallout Chartis Increases Construction Project Capacity to $250 Million Insurance Agents Cheer State Commissioners’ Vote on Medical Loss Ratio Totals: U.S. Spring Tornado Losses for P/C Carriers Analysis: Reinsurers at Risk If Hurricane Season Is Big MBIA May Bring Fraud Claim Against Bank of America’s Countrywide Judge Blocks Sierra Club from Lawsuit Against BP National News Archives
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