National News for July 2012 What to Know About the New Flood Insurance Program 5 Ways How Not Using Coverage Checklists Benefits an Agency US Congressional Negotiators Reach Deal on New Iran Sanctions Best Affirms Liberty Mutual Holding Co. and Subs Ratings A Decade Later: Is Sarbanes-Oxley Working? – Analysis HSBC Sets Aside $2 Billion for U.S. Investigation, Mis-selling Aon’s Q2 Earnings Report: Revenue Growth; Net Income Drop Zurich in North America Increases Trade Credit Insurance Capacity Obama Administration Says Federal Health Exchanges on Track for 2014 Violent Storms Kill 2, Leave Thousands Without Power in Mid-Atlantic, Midwest Chubb Profit Slightly Down; U.S. Commercial Renewal Rate Hike 9% in Q2 American Family Insurance Launches Online Home Inventory Service Why Some Types of Multitasking Are More Dangerous Than Others Drought Bill May Get Washington to Act on Farm Bill Futures Industry Head Seeks Study of Insurance Fund Liberty Mutual: Much More Rate Hikes Needed to Correct Underpricing Markel Programs, All Risks Offer Excess Hired/Non-Owned Auto Liability House Backs Obama Quashing of Safety Rules for Child Farmworkers Former Citigroup Chief Weill Surprises with Call for Break-Up of Big Banks Liberty Mutual Announces Realignment; Names 4 Unit Executives Ironshore Launches Commercial Crime Coverage Through Pembroke Syndicate W.R. Berkley Q2 Profit Rose 32%; Average Renewal Rate Hike Was 6% Ernst & Young’s Tony Anderson to Be Honored By City Of Hope Great American Opens Public Sector Alternative Risk Division HomeAway Launches Vacation Rental Properties Insurance Product While Debate Over Safety Valve Goes On, Gas Explosions Continue: AP Oil Firms, Regulators Miss Major Accident Indicators: Gulf Spill Report Apple Claims $2.5 Billion Damages in Samsung Patent Case Lexington Announces Law, Ordinance Upgrade Coverage Enhancement Relocation Insurance Group Launches Full Value Protection Moving Coverage Insurers Urge Incentives for States to Adopt Stronger Building Codes CarFax Says Patent for Vehicle History Data Use in Insurance Approved Catlin Appoints McMellin to Succeed Banas as U.S. CEO Walnut Place Drops Objections to $8.5 Billion BofA Deal; AIG Still Questions Crop Insurers Can Handle Midwest Drought Losses: Fitch Sprint Offers Usage-Based, Driver Tracking Service for Insurance Industry Mining Deaths Down in First Half of 2012 Traffic Deaths Spike 13.5% in First Quarter Nasdaq Boosts Payments to Firms Over Facebook IPO to $62 Million Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles CNA Expands Management Liability Coverage for Aging Services Providers House Lawmakers Reach Deal on Russia Trade Pact, Rights Bill Bipartisan Senate Bill Addresses Cyber Threats Record Number of Farmers Expected to File Crop Insurance Claims Progressive Expands Commercial Auto Offerings, Introduces New Coverage XL Introduces New Subcontractor Performance Risk Mitigation Programs Allstate Reports Catastrophe Losses for Q2 of $820 Million RRGs Financially Stable Despite Q1 Underwriting Losses: Demotech Congress Looking to Rein In ‘Patent Trolls’ Travelers Insurance Reports Q2 Profit Despite Disaster Losses Senate Panel Approves Russia Trade, Human Rights Bill ACE Launches New Builders’ Risk Product Navigators Launches Worldwide Side A D&O Policy Bank of America Settles Mortgage Fraud Lawsuit with Bond Insurer Syncora Global Commercial Market Firmed in Q2: Marsh Long Term Care Liability Loss Rate Expected to Grow: Aon GSR Introduces New Liability Insurance Package for Energy Consultants Everest National Launches Non-Profit Social Service Industry Program Hiscox Launches New Portfolio of Technology Products in U.S. CEO Group Warns Washington to Avoid Impending ‘Fiscal Cliff’ Politics GM’s OnStar Car Owners Now Able to Rent Out Their Vehicles The Hartford Expects Q2 Catastrophe Losses Near $300 Million Brown & Brown Revenue Up 17.9% for Q2 Understanding Premises and Dram Shop Liability Triggers Worst Midwest Drought Since 1956 Expanding North, West Global Special Risks Launches Liability Package for Energy Consultants Why Workers’ Compensation Leads in E&O Claims Zodiac Insurance Services to Distribute IronPro Small Business Coverages Chartis Enhances, Expands Private Client Group’s Wildfire Protection Unit A Year Later: Growth and Outlook of LexisNexis Insurance Exchange New Law on BP Oil Spill Promises States More in Restoration Monies Malpractice Claims at Record Low, Not Driving Health Costs: Consumer Group Workers’ Comp Claims Frequency Was Down 1% in 2011: NCCI Lump Sum Settlements Encourage Return to Work: Study Markel Launches EPL Hotline, Online Loss Control Resources ACE Expands Catastrophe Management Services for Environmental Risks Chartis Adds Power Pack Protect Product for Power Generation Industry PFGBest Broker Scandal Leads to Calls for Insurance for Grain Trade House Panel Balks at Senate Crop Insurance Reforms PartnerOne, Berkley Environmental to Offer Site Pollution Liability GMI Adds Plaza Insurance to Business Auto Carrier List GCube, Assurant Partner on Solar Project Insurance Program Liberty Mutual, CNA Are Among Big Winners at 2012 IMCA Showcase Awards American Collectors Insurance Expands Collectibles Insurance Program Driving History Seen as Predictor of Individual’s Lifespan Black Lung Protections for Miners Failing; Cases Continue to Rise Many Renters Lack Insurance Despite Fear Over Fire Damage: Survey Appalachian Underwriters, Glencar Underwriting to Offer WC, GL, Auto Insential, Kinsale to Offer Expanded Coverage for Hard-to-Place Risks Chubb Expects Up to $240 Million in Q2 Catastrophe Losses Hiscox USA Expands Direct, Online Insurance to Allied Health Professionals Appalachian Underwriters Restructures, Names 5 Regional Vice Presidents New Crash Avoidance Features Reduce Claims, Says Insurance Safety Institute With Supreme Court Ruling In, Employers Turn to Healthcare Law’s Requirements: Mercer Policy Counts for States’ Property Insurers of Last Resort Grew 17% in 2011: III Endurance Promotes Bigley to Senior VP, Head of U.S. Property Cat Reinsurance June’s Severe Weather Losses Near $2 Billion in U.S.: Aon Benfield AIG Files Lawsuit Against IRS Seeking $30.2M in Tax Interest PCS Sees Busy Cat Bond Market in 2012 Thus Far Facebook, Yahoo Settle Patent Claims WellPoint to Buy Amerigroup for $4.46 Billion President Obama Signs Flood Insurance Reform Bill Derivative Reform to Be Finalized This Week Feared El Nino Weather Could Strike in Third Quarter: Climate Forecasters FDA Plans IDs to Track Medical Device Safety Storms Knock Out Power in East; Heat Threatens Corn Crop in Midwest Rockwood Programs Announces New EPLI Product The Future of Producer Compensation Judge Who Nixed Apple-Motorola Trial Questions Need for Software Patents Heat Wave Continues to Take Toll in Eastern States ACE Releases First Dollar Defense Endorsement for CPL Coverage Judge Says Greenberg May Pursue $25B Suit Over AIG Bailout Lawyers Pursuing Concussion Lawsuits Take Page from Big Tobacco Playbook Chief Justice Roberts Viewed Differently After Healthcare Opinion State Farm’s Ziemann Elected IASA President New Safety Standards Approved for Child Play Yards Ratings Recap: Conifer/White Pine, Millers First RLI, Chubb Among Top P/C Performers: SNL More Gen Y’ers Passing on Driving Confie Seguros Adds 3 Agencies; Names Maxwell to M&A Post Apple Pays $60 Million to Settle China iPad Trademark Dispute Republican Leaders Vow Healthcare Law Repeal National News Archives
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