National News for February 2014
- Best Maintains Review/Negative Status for OneBeacon Group’s Ratings
- Halliburton Supreme Court Case Could Curb Securities Fraud Class Actions
- Pilots Defend Safety of Home-Built Planes
- ‘Patent Troll’ Issue Reaches Supreme Court
- Supreme Court Nixes Suit Against Officer Brought in Another State
- LIU Partners with BitSight Technologies to Provide Information Monitoring to Insureds
- Best Downgrades Meadowbrook and Subs Issuer Credit Rating; Affirms FSR
- Study Shows P/C Insurers Plan to Hire, Grow Significantly in 2014
- XL Acquires Global Ag Insurance to Expand Crop Coverage
- Supreme Court Allows Stanford Fraud Suits by Investors; Willis Among Defendants
- BP Loses Bid to Halt Payments to Seafood Workers
- Target’s Cyber Insurance Softens Blow of Massive Credit Breach
- Best Affirms National Interstate Corp. and P&C Subs Ratings
- Best Upgrades American Financial Group and Affiliates Ratings
- Winter Claims Cost Insurers $1.5 Billion Thus Far
- U.S. to Mandate Tests of Oil Being Transported by Train
- Largest Insurers Would Face Asset Tax Under GOP Plan
- Supreme Court Allows Class Action in Closely-Watched Moldy Washer Cases
- Liberty Mutual Swings to Profit; 2013 Full-Year Income Rises 110% to $1.74B
- Travelers Adds Broad Form Plus+ to D&O Liability Portfolio
- Why Damages Caps Won’t Fix Malpractice Laws: Peter Orszag
- OSHA Denies Plans to Increase Oversight of Small Farms
- Grandpa and Grandma Much Safer Behind the Wheel Than Predicted
- Red-Light Cameras: Safety Measure or Money Grab?
- Ratings Recap: Balboa, MEMIC, ALAS, Modern Woodmen, Seven Seas
- XL Group’s Specialty Businesses Launch Luxury Lines Program for Private Clients
- House Republicans Release Flood Insurance Relief Bill
- Court Denies Notre Dame’s Bid for Exemption from Contraception Rule
- Urbanization, Mobility, Gridlock and Predictions of ‘Peak Car’
- USAA CEO, President Robles to Step Down in 2015
- Attorney General Supports National Notification Standard for ID Theft
- Industry Agrees to New Oil-by-Rail Safety Measures
- Best Affirms Ratings of Beazley Insurance Company; Outlook Stable
- Best Affirms Ratings of Berkshire Hathaway’s GUARD Insurance
- Club Car Recalling 1,800 Golf Carts
- Brokers Missing Out on Big Opportunities in Trade Credit Insurance Market
- Insurance Journal Co-Sponsors Agency Research Project
- Federal Reserve Releases Transcripts of 2008 Financial Crisis Meetings
- How ACA Healthcare Law Could Affect P/C Insurance Costs and Claims
- U.S. Patent Office Moves to Curb Patent Litigation
- Allstate Beefs Up Agency Force
- Best Affirms AIG and P&C Subs Ratings; Outlook Stable
- Ironshore Enters Yacht Insurance Sector
- State Farm $3M Gift Creates Wilson Chair at American Enterprise Institute
- Allstate: Catastrophe Losses in January Reached $277M
- Greenberg’s Post-AIG Empire Looking Like Mini-Berkshire
- Crop Insurance Now Farmers’ Main Safety Net
- Predicting Crime with Big Data Without Breaking the Bank
- Judge Refuses AIG Bid to Delay Bank of America $8.5B Settlement
- AIG Launches Cross-Border Casualty Risk Product for Multinational Companies
- Berkshire Hathaway Specialty Launches Consolidated Endorsement for Contractors
- Consumer Group Blasts ‘Misleading’ Senate Bill to Delay Flood Insurance Hikes
- ‘Bonus’ Year of 2013 Has Insurers Figuring How to Incent for Future Growth
- More Employers to Move to Private Health Insurance Exchanges
- Gay Marriage Battle Headed to Federal Courts
- Aon Risk Solutions, The Risk Authority Form Healthcare Risk Management Alliance
- FSOC’s Insurance Expert Woodall Approved As International Regulatory Observer
- Liberty Mutual Entering Malaysia with $113 Million Acquisition
- On Second Thought, Make That 14 Atlantic Storms in 2013
- Greenberg’s Starr Leads Group Buying Health Claims Firm MultiPlan
- House Leader Promises Vote on Flood Insurance Rate Delay
- Over Decade, Crash Deaths Among Children Have Dropped 43%
- AAIS Names Yocius, Kadous to Key Positions
- AIG Cutting Jobs, Moving Others to Lower Cost Cities
- Financial Services, Retail Groups Team Up on Cybersecurity
- AIG Posts Q4 Profit; Commercial Combined Ratio at 107.7
- Storm Dumps More Snow on Northeast After Icing Southeast for 2 Days
- Patriot National, Stonewood Partner on Healthcare Program
- MarketScout Acquires Specialty Bowling Program from QBE North Pointe
- U.S. Submits 2015 Global Climate Wishlist to United Nations
- BP Moves Ahead with Medical Payments Under $9.2B Oil Spill Settlement
- Kemper Corp. Realigns P&C Group
- Sinking of Ship ‘Bounty’ Blamed on Captain’s ‘Reckless Decision’
- President’s Delay of Employers’ Healthcare Mandate on ‘Shaky’ Legal Ground: Experts
- Cities Lobby for Halt to Flood Insurance Increases; House Vote Blocked
- States’ Rules Complicate Efforts to Enact Uniform Data Security Law
- Garlock Ruling Could Shift Asbestos Litigation in Manufacturers’ Favor
- MMC’s Marsh 4Q Revenue Jumps 4% to $1.4B
- Brown & Brown Reports Record 4Q Net Income of $47.2M
- Independent Agencies Post Performance Highs: Reagan
- Baby Boomers Give Up, Drop Out of U.S. Labor Force
- Obamacare Mandate Delayed Until 2016 for Firms Under 100 Employees
- IronPro Launches Privacy, Security Endorsement for Lawyers PL Program
- Private Flood Insurance Agency Now Selling in 15 States
- P/C Insurers’ Net Income Up 60%, Combined Ratio at 97.6 for 2013: A.M. Best
- ACE Recreational Marine Introduces Policy Discount for Safety-Concious Boat Owners
- Flood Insurance Premium Hikes from New Maps Could Be Delayed Until 2015
- CNA Selling Continental Life, Group Business to Wilton Re
- Commercial Insurance Markets Looking Favorable for Buyers in 2014: Marsh
- The ‘Switching’ Economy: Consumers Open to Buying Insurance from Google, Amazon, Verizon
- Verisk to Sell Mortgage Data Arm Interthinx to First American for $155M
- Tower Group CEO, Chairman Lee Resigns; Fox, Van Gorder to Succeed
- Senator Presses Tech Firms, Car Makers to Develop Distracted Driving Solutions
- And the Winner of Esurance’s $1.5 Million Twitter Sweepstakes Is…
- MGIS Partners with Astute Doctor to Offer Physician Risk Management Program
- Infantino Named Education Director for Insurance Journal’s Academy of Insurance
- Snowy, Cold January Was Deadly and Costly: Aon
- Allstate Sees No Need for Big Homeowners Rate Increases
- Senate to Take Up Chemical Safety Bill After West Virginia Spill
- Citi to Pay $110 Million in Force-Placed Insurance Settlement
- State v. Federal Regulation Debate a ‘Relic,’ Says FIO Chief McRaith
- Towers Watson Releases Analytical Scoring Model for Auto Insurers
- Chubb Sharing Economy Poll: 36% Open to Renting Others’ Homes for Vacation
- PCI Bolsters Washington Operations with 3 Hires: Glassic, Austin, Gray
- Automaker Recalls Hit 22 Million in 2013
- Court Denies AIG Ex-CEO Greenberg Bid to Remove Judge From New York AG Case
- Senate Joins House in Passing Farm, Crop Insurance Bill; President Says He Will Sign
- White House Disputes CBO Claim That Obamacare to Cost 2 Million Jobs in 2017
- AXIS Insurance Establishes Healthcare Liability Insurance Unit
- Hartford Catastrophe Costs Fall, 4Q Profit Rises to $314M
- Keep Away from Small Farms, Lawmakers Tell Safety Agency OSHA
- Key House Republicans Oppose Delaying Flood Insurance Increases
- Farm Bill Keeps Lawmakers’ Own Crop Insurance Payouts Secret
- U.S. to Require Cars to Have ‘Talking’ Technology to Prevent Accidents
- Senate Clears Farm, Crop Insurance Bill for Final Vote
- Insurer to Give Away $1.5M in Twitter Contest
- ACE Expands Accelerator Portal to Construction Industry
- Traumatic Spinal Cord Injuries on the Rise in U.S.
- Rate of School Shootings in U.S. Unchanged Amid Increased Security
- 10 Regions of U.S. with Highest Health Insurance Premiums
- U.S. to Propose Standards for Talking Cars
- Best Affirms Mercury General and Subs Ratings; Outlook Stable
- Best Affirms Allstate Group and Subs ‘A+’ Ratings; Outlook Stable
- Great American, Kapatoes Insurance to Partner on Retail Health Store Program
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