National News for March 2007 Veterinarians Blame Poisoned Food for More Than 100 Pet Deaths Lexington Expands Workplace Violence Services for Employment Liability Risks RMS Defends ‘Near Term’ Hurricane Model, Denies Collusion Judge Rules Spitzer Suit May Continue; Liberty Mutual Not Giving Up Fight Eden Joins Main Street America ‘Near Term’ Hurricane Models Used by Insurers Under Fire AXIS Capital to Acquire Aon’s Media/Professional Insurance Euclid’s BusinessWare Packages Liability for Service Professionals Patterson Takes Over at The Hartford’s First State, Succeeding Palmieri Zurich’s Patton Joins EPA Advisory Board Firm Sues U.S. to Gain Access to Ford Motor Tire Injury Data Probe Uncovers 3,500 Safety Violations on CSX Railroad Properties Intellectual Property Insurance Ups Available Limits to $5 Million A.M. Best Reviewing Merastar Positively in Light of Sale to Unitrin Consumer Groups Say Market Forces, Not Claims, Caused Med Mal Crisis National Alliance Issues Agency Automation Guide Hub Partners with Hiscox to Roll Out High Risk Homeowners Policy Derek Hughes/NAPSLO Foundation Establishes Two New Scholarships Let Private Markets Handle Most Disasters, Insurers Advise Congress QuickQuote Under New Leadership Fla. Commissioner Testifies for States on National Disaster Insurance Insurers Reject Critics Who Say Big Profits Are at Claimants’ Expense Wanted: Appraisal of Elvis Items to Relieve ‘Suspicious Minds’ Class Action Filed Against Manufacturer Over Tainted Pet Food A.M. Best Cites 15 P/C Insurers as Financially Impaired in 2006 Bipartisan Flood Insurance ‘Modernization’ Bill Boosts Borrowing, Maximum Limits Supreme Court to Consider Broader Liability in Securities Fraud Study Claims U.S. ‘Tort Tax’ Tops $9,800 Per Family PLUS Foundation Names Two Directors to Board First Responders, Businesses Tell Congress U.S. Needs Disaster Plan Some Worry Increased Fines Won’t Make Mines Safer The Hartford Reports $7 Million in Philanthropy Cracker Barrel Restaurant Chain Sues Insurers Over Harassment Claims U.S. Study Finds Majority of Medical Malpractice Claims Close Without Payment Agents Hit U.S. Chamber Backing of Federal Insurance Regulation Hub Shareholders to Get $41.50 per Share, Up from $40, in Amended Deal Consumer Group Challenges FDA Findings on Safety of Cloned Food Congressional Democrats Call for Improved Bus Inspections Study: Flu Pandemic Could Lead to U.S. Recession Life Brokerage Association Exec Resigns Scientists Disagree Over Hazard Posed by New Madrid Earthquake Fault Federal Mine Safety Agency Increases Fines for Safety Violations Travelers Expands Its Offerings for Bridge Contractors Fla. Senators Propose National Hurricane Relief ‘Six-Pack’ of Bills Hanover’s New Connections Home Completes Personal Lines Redesign BISYS Launches Towing Program Genesis Offers New School Violent Acts Policy Merck Fights Vioxx Class Action Suit Brought by Insurers Procter & Gamble Wins $19 Million in Lawsuit Over Satan Rumors Aon Study: Homeowners More Volatile than Private Passenger Auto Holocaust Insurance Claims Appeals Conclude; $300 Million Awarded to Survivors Marsh Names 3 Operating Chiefs: Hagemann, Lessing and Petronis Health Proposals Would Reduce Uninsured and Costs, Analysis Finds Study: States Getting Tougher on Fighting Fraud NCCI Workers Comp Symposium Set for May in Orlando Hurricane Chief Voices Concerns About Forecasts from Aging Satellite House Committee Approves Agricultural Disaster Funds Major Recall of Pet Food Has Animal Owners Frantic MajescoMastek Names McCarter President ACE Survey Shows Data Loss is Top Operational Risk Threat Wal-Mart Drops Bid to Form Bank FBI: Internet Crimes Range from Auction Fraud to Murder Threats Main Street America Reports 2006 Was Among Its Best Ever Washington Warming to National Disaster Plan Idea R.I., Mass. Safest While Wyo., Ark. Deadliest States for Truck Crashes Study: High Deductibles Cut Down on Emergency Room Visits N.J. Jury Awards $47.5 Million in Vioxx Heart Attack Retrial Main Street America Promotes Kuhl, Schultz; Appoints Frazier C.V. Starr Creates Global Accident, Health Unit; Partners with Chubb Insurer Argonaut, Reinsurer PXRE to Merge, Forming Argo Group AmWINS Outlook Revised to Stable From Neg; Ratings Affirmed Agents and Brokers: Extended Deadline to Submit for IJ’s Top 100, March 21 Survey: Most Workers Underestimate Chances, Impact of Disability Big ‘I’ Makes Changes to Federal Affairs Staff HCC Elects Dickerson Chairman of the Board FDA Issues Guidance for Fresh Cut Produce Liberty Mutual Property Launches New Food Processing Product Beazley Acquires Health Care Specialist Sapphire Blue Travelers’ CEO Fishman Paid $15.7 Million Last Year Man Sues for $1.6 Billion Over Rights to Sponge Bob Square Pants HCC Names Goodreau Senior VP and Chief Actuary Regulators Release Annual Report Markel Acquires Black/White Social Services Business Dodd Blasts Insurance Industry Response to Hurricanes Fireman’s Fund Introduces Data Compromise Coverage Google’s Advertising Head to Address Insurance Marketing Event Reinsurers’ Group Says Regulation Goes Beyond Collateralization Issue Bliss & Glennon Expands Nationwide with Central, Southeast Offices PCI Appoints Kate Prible to Lobbying Position Beecher Carlson Adds Brainard to National Casualty Practice Panel Criticizes Spitzer’s Case Over Greenberg’s Handling of Charity The Hartford Sells Medical Stop Loss Business to UnitedHealth Unit New AIG Unit Formed to Help Manage Terrorism Exposure and Risks State Farm CEO Gets 82% Pay Raise FBI Finds Stolen Norman Rockwell Painting in Spielberg’s Home Travelers’ Small Tech Packages Run Gamut from ‘Garage to Greatness’ Swiss Re Adds Excess Layer Coverage for Lawyers Congressman’s Widow Urges Senate to Ban Asbestos Unitrin Acquiring Personal Lines Insurer Merastar for $45 Million A.M. Best: Commercial P/C Outlook Stable Despite Price Competition Royal & Sun Management Team Completes Buyout of U.S. Businesses Berkshire Reports 29% Jump in Earnings; Seeks Buffet Successor Two Giant Glass Repair Firms Become One as Belron Acquires Safelite In Manhattan: Agents, Insurers Renew Call for Federal Terrorism Insurance Study: Midsize Car Bumpers Do Little to Prevent Costly Damage Zurich’s Farmers Group to Buy U.S. Auto Insurer Bristol West Own TV Show? It’s So Easy, Even Geico’s Cavemen Might Get One Insurance.com Buys 4insurance.com OneBeacon Forms Government Risk Specialty Unit Rep. Frank Unveils Bill to Give Shareholders Vote on Executive Pay Advocates Push for Vehicle Safety Gear to Reduce Backover Accidents A.M. Best Likes What It Sees In P/C Personal Lines Segment Regulators Urge Senate to Move Quickly on Insuring Terrorism Risks State Farm Announces $1.2 Billion Mutual Auto Policyholder Dividend National News Archives
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