National News for November 2011 Seneca Creates Surety Division Hiscox Designs Terrorism Product for Healthcare Industry Safety Oversght of Government Aircraft Lacking Facebook Settles Deceptive Practices, Privacy Breach Claims with FTC Retiring Rep. Frank Says Wall Street Reforms Safe Without Him Marsh Announces Two Promotions in Central Zone Markel Launches Data Breach Endorsement for Healthcare Risks Insurers Win First Round of Climate Change Coverage Litigation Norman-Spencer Introduces Exclusive Real Estate Product Workers’ Compensation System’s ‘Elephant in the Room’ Active 2011 Hurricane Season Breaks ‘Hurricane Amnesia’ Judge Rejects Citigroup-SEC Mortgage Settlement; Orders Trial How to Compete for Personal Lines with the Direct Writers Ratings Roundup: Hiscox (US), Western Mutual Best Affirms Virginia Surety Co. Ratings; Outlook Positive Supreme Court to Decide Whether Harm Needed in Kickback Suits Federal Regulator Opening Formal Probe into GM Volt Fire Risk Whistleblower Laws, Lucrative for Some States, Stall in Others Insured Loss Estimate from Hurricane Irene Rises to $4.3 Billion Black Friday, Cyber Monday Bring Out the Risk Grinch Merger, Acquisition Activity Remains Muted in 3Q Ratings Recap: Standard Casualty, Grinnell, Erie & Niagara, Northwest GF Mutual AIG Unlikely to Take Q4 Reserve Charges: Barclays Bank of America Reaches Settlement in Countrywide Case Thanksgiving Day is Top Day For Cooking Accidents Federal Judge Sides with Netflix in Antitrust Case The Competitive Advantage: Procedural Consistency and Agency E&O Professional Lines Market Faces Uncertainty: Torus Best Affirms Zurich American and Subs ‘A+’ Ratings; Outlook Stable Agency E&O Survey: Why Agents Buy Coverage U.S. Healthcare Cuts Minimal, More Pain Looms Transatlantic Agrees to be Acquired by Alleghany for $3.4B Catastrophe Property Market Under Pressure: NAPCO Starr International Files $25B Suit Against U.S. Over AIG Takeover Supreme Court Names Lawyers to Argue Healthcare Case Hybrid Cars Protect Passengers Better, But Cause More Pedestrian Crashes Allied World Launches Primary EPL Product Employers Pay Workers More Where Sexual Harassment Risk Exists: Study Flood Insurance Program Extended Until Dec. 16 Caliper’s Greenberg Receives Big ‘I’s’ Chairman’s Award Western Security Surplus’ Stevens Helps Launch Berry Family 5K Property Catastrophe Market to See Price Hikes: Lockton Holocaust Survivors in U.S. Seek $20B in Nazi-era Policies President Obama Insured Against Attack While in Australia Google Tells Congress Online Anti-Piracy Bill Goes Too Far U.S. Reserves Right to Meet Cyber Attack with Force State Farm: Texas, Illinois, Ohio Top 3 States for Thanksgiving Cooking Fires Down to the Wire for Federal Flood Insurance… Again Doctors Back ‘Open Market’ Health Insurance Exchanges for States Banks Having to Defend Credit Card Insurance C-SPAN Seeks to Broadcast Supreme Court Healthcare Case BP Told It Can’t Use Transocean Insurance for Gulf Spill NIF Group Launches Social Services Product with Admiral Insurance Factory Dust Explosions Killing Workers While Safety Rules Lag Merck Settles Vioxx Suits from New York, Florida, South Carolina Lender Liability Waivers Key to Mortgage Refinance Deal Judge Allows Alabama, Louisiana to Seek Punitive Damages in Oil Spill WRM America Completes Acquisition of Fidelity National Indemnity Vanliner Launches Affinity Program for Arpin Moving and Storage Agents Small Business Owners Report High Trust in Agents, Survey Reports S&P Affirms Marsh Mac’s Ratings; Outlook Revised to Stable Supreme Court to Hear Healthcare Law in March Travelers Forms Clean Energy & Technology Practice Nationwide Posts Q3 Loss on Weather, Interest Rates Employer-Sponsored Health Insurance Hits New Low Insurance Executives Turn Pessimistic Over Business Outlook: Survey Ratings Roundup: Torus Specialty, Assurant, National American Electronic Medical Records Not Without Risks to Patient Safety: Report S&P Lowers State Auto Group’s Operating Company Ratings to ‘BBB+’ Allstate Announces $1 Billion Share Buyback Plan Life Insurer Sues Bank of America Over Mortgages U.S. Reopens Public Database of Malpractice Claims Against Doctors Towers Watson to Expand DriveAbility Program 11/11/11: What’s In a Number? Nationwide Test of Emergency Alert System Set for Today on Radio, TV Sentry Expands Casualty Products to Clients with Overseas Operations LexisNexis Selling P/C Insurance Software Business Firms Want Government Probes Banned from Gulf Oil Spill Liability Trial Wells Fargo Agrees to Settle Derivative Suits with Municipalities New Main Street America Unit Targets Large Surety Accounts Lawmakers Urge U.S. Caution on Japan Trade Talks Justice Department to Clarify Guidelines for Bribery Probes Wells Fargo Insurance Introduces Affordable Housing Insurance Program Torus Launches U.S. Professional, Management Liability Products IronHealth to Offer Medical Professional Liability for Qualified Health Centers Appeals Court Upholds Obama Healthcare Law Moody’s Reports on Proposed Systemic Risk Rules for Insurers Congress Eyes New Income Insurance for Farmers Health Costs of U.S. Climate Disasters of Last Decade: $14 Billion Insurance Groups Laud State Regulators’ Action to Reduce Reinsurance Collateral Lawmakers Hit Lack of State Legislators on Federal Insurance Panel Regulators Publish Surplus Lines ‘Alien’ Insurer Eligibility List Ratings Roundup: Nonprofits Alliance, Infinity, Partners Mutual Cost of Car Crashes Per Person: $1,500 Insurers, Policyholders Clash Over Business Interruption Claims Investors Want ‘Secrecy’ Lifted in BofA Mortgage Securities Deal Zolty Joins LIG Marine Managers Berkshire Hathaway Q3 Profit Falls on Derivatives NCCI Study Examines Medical Services in Workers’ Comp Claims AXIS Global Accident & Health Enhances Business Travel Accident Protection American Collectors Updates Collectible Coverage Regulators Elect 2012 Officers; Florida’s McCarty Serves as President P/C Market to See Only Moderate Changes in Rates in 2012: Willis The Legal Landscape for MF Global’s Jon Corzine Benmosche Says AIG Is Still in ‘Good Shape’ Despite Huge Losses Insurers Eye Increased Risk of Public Entities in Era of Cutbacks The Hanover Posts $9.7M Loss in Q3 Argo Launches New Management Liability Policy for Private Companies Dowdy to Lead Zurich North America Railroad Insurance Practice Ratings Roundup: Prism, Slavonic Mutual, AvMed Study: U.S. Copyright Sector Adds $930B to Economy S&P Lowers Outlook on Allstate and Subs to Negative; Affirms Ratings Chubb Adds Gooding Auction Data to Classic Car App Hartford Q3 Profit Falls on Natural Disasters The Climate Corp. Introduces Total Weather Insurance 2012 Treasury Names Members of Federal Advisory Committee on Insurance ACE Launches New Coverage for Hospitality, Real Estate Industries Marsh & McLennan Q3 Net Profit Fell, But Revenues Continue to Rise Study: Rating Errors Cause $15B Decrease in Revenue for Auto Insurers Best Affirms Mercury General and Operating Subs Ratings; Outlook Stable AXA Rosenberg Settles Coding Lawsuit for $65 Million Curbside Buses Have Higher Fatal Accident Rate: Report Most of $19.9 Billion Madoff vs JPMorgan Case Tossed U.S. Sues Allied Home Mortgage for Lending Fraud MMIC Group Introduces Data Security Coverage for Physicians, Hospitals Corporations Win Key Product Liability Trials; More Victories to Come? Cyber Attack Targets Chemical, Defense Firms Allstate Suffers $1 Bilion in Disaster Losses in Q3 National News Archives