National News for February 2009
- Easing Government Aid Terms Among Options Discussed by AIG, U.S.
- Finnis Named Executive VP, National Property Leader at Willis HRH
- Alliant Insurance Services Expands Leadership Team
- State Farm: $6.3B P/C Underwriting Loss, $2.1B Operating Loss in 2008
- Financial Firms Facing Highest D&O Premiums as Market Hardens
- A Bruised Warren Buffett to Look Ahead in Annual Letter
- Gen Re to Pay $72M for Finite Reinsurance Transaction
- Zurich Integrated Products Expands into Southeast, South Central U.S.
- Homeland Chief Orders Gulf Coast Hurricane Recovery Review
- U.S. Senate Panel Sets March 5 Hearing on AIG
- AIG Mulls Further Government Stakes As Auction Deadline Looms
- AIG Gets $500 Million Bids for Asset Management Business
- AIG May Rethink Strategy of Asset Sales in Tough Markets
- O’Sullivan Says Zurich Financial Sees Tougher 2009
- SeaBright Revenue Up 5.2% in Q4; Up 5% for Year-End 2008
- Layoffs Leave Law Firms Vulnerable to Lawsuits, Exec Says
- U.S. Considering ‘Controlled Breakup’ of AIG To Keep It Afloat
- Silverman to Head Hiscox Inland Marine Insurance for U.S. Market
- Marsh Develops $500M Insurance Program for Gulf Coast Energy Firms
- W.R. Berkley Forms Agribusiness Insurance Unit; Names Shaw President
- Chubb Offers Coverage to Upgrade Green After Home Loss
- AAIS Introduces Standardized Forms for Equipment Sales, Rental Operations
- Berkshire Hathaway Dogged by Derivatives, Accounting Rules
- U.S. Treasury Declines Comment on Additional Funds for AIG, Citi
- AIG Reportedly Facing $60 Billion Loss; In Talks For More Government Aid
- Insurance Industry Advises Small Businesses Not to Skimp on Coverage
- Equipment Breakdown Reinsurer to Pay Certificate, Inspection Costs
- Prudential In Lead to Acquire AIG Japanese Life Insurance Units
- Allstate, State Farm Dismissed from Case Charging Katrina Overbilling
- U.S. Regulator Sees Future Role for Mortgage Insurance Industry
- Travelers Broadens Coverage for Private/Mutual Insurers
- Execs Credit Risk Management for Minimizing Recession’s Impact
- WKF&C Offers New Vacancy Program
- MBIA Shifts Bond Insurance Business to New Public Finance Company
- Unitrin Insurance Completes Acquisition of Direct Response for $200M
- Valiant Insurance Forms Excess & Surplus Lines Company
- RiskProNet Elects Clarke as President
- Beazley Acquiring The Hartford’s Surplus Lines Insurer, First State
- AIG Winding Down Troublesome Financial Products Operation
- Venture Launches New Sportsman Insurance Program
- Best’s Insurer Rating Upgrades Barely Outpaced Downgrades in 2008
- How to Make Money on Property/Casualty Insurance Stocks
- Great American Adds Binding Option to Web Site
- Large Pickups Fare Poorly in Insurance Institute Safety Crash Tests
- Herbert H. Landy Agency Offers New Real Estate E&O Program
- Zurich Taps Gow to Head Specialty E&O Unit
- Merchants Insurance Group’s New E&S Subsidiary OK’d in 10 States
- USAA Closing Sacramento, Norfolk Offices
- Ratings Recap: CAPCO, Farmers Mutual
- Marsh Sees Growth in 2009 Boosted by Acquisitions
- Judge: Defense Insurance Act Bars Suits Against Subcontractor Blackwater
- Judge Orders Tougher Mine Safety Rules to Improve Rescue Teams
- First Trial Dates Set For FEMA Trailer Suits in New Orleans
- S&P Affirms Mercury General Ratings; Revises Outlook to Negative
- How Food Safety Officials Cracked the Peanut Poison Case
- Marsh & McLennan Profits Up for 2008; Down 9% in Q4
- Surplus Lines Reform Legislation Reintroduced in Congress
- Report: AIG in Talks to Sell Auto Insurance Unit to Zurich
- Consumers Miss More Debt Payments; Lenders Move to Stem Losses
- Identity Theft On the Rise But Costs per Incident Fall Sharply, Report Finds
- S&P Lowers Hartford’s Ratings to ‘A-‘; On CreditWatch Negative
- Karen Clark & Co. Launches Mobile Inspection Technology
- Feds OK Exemptions from Stricter Anti-Lead Toy Safety Rules
- Panetta Resigns Zenith National Board to Head CIA
- Treasury to Approve TARP Bailout Funds for Life Insurance Companies
- Senior Market Sales, CalSurance Offer Discounted E&O for Insurance Agents
- New Best Research Report: P/C Profitability Depends on Discipline
- Auto Deaths Decline in 40 States; Less Driving, More Seat Belt Use Cited
- U.S. Lawmakers Vow More Food Safety Funds As Peanut Recalls Set Record
- The Hartford Reports Loss for 2008, ‘Most Challenging’ Year in History
- Aon Hit With Q4 Benfield Merger Costs But Broker Commissions Grow Slightly
- Burnett Holdings Joins QBE
- The Hanover Group Sees Profits Shrink
- California’s W. Brown to Underwrite Aviation Insurance For Catlin US
- Best Affirms Harleysville Ratings; Outlook Positive
- Congress May Probe AIG Pricing, Pay Practices
- S&P Rates Phila. Indemnity, Phila. Insurance; ‘AA-‘; Outlook Stable
- Tower Group Completes Acquisition of CastlePoint Holdings
- Surplus Lines Association Launches Executive Leadership School
- Those Dashed Lines on Roads Are Longer Than Drivers Think
- U.S. Senate Rejects Cutting Company Repatriation Tax Rate
- Markel’s Ratings ‘Unaffected’ by Investment Losses Says S&P
- Ratings Roundup: Aflac, Scottish Re (U.S.), Hanover Fire, Omega
- Report Finds Cat Bond Market Resilient in Financial, Property Catastrophes
- Sloan Mason Adds Ready-Mix Concrete, Asphalt, Aggregate Package
- Chubb Offers New Employment Practices Endorsements
- Best Sees No Ratings Change for Allstate Insurance, Allstate Financial
- Fitch Downgrades Allstate Corp. and its Subs; Outlook Remains Negative
- The Main Street America Group Introduces Main Line BOP
- American E&S Insurance Offers Professional Liability Program
- 2008 Insurance Fraud Hall of Shame
- Report: AIG Eyes Federal Backstop on Assets, Recapitalization Options
- Greenberg Fights New York AG to Keep Reinsurance Testimony Private
- Brownyard Launches New Web-Based Sales Tools for Producers
- Venture Introduces New Professional, Management Liability Unit
- Final Call: Who’s Worth What in the Independent Agency System?
- Agency Ideas Newsletter Celebrates 20 Years; Redesigns Web Site
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