National News for September 2009
- Sears to Pay Record $6.2 Million to Settle Employment Bias Case
- Bank of America’s McGee Named New CEO by The Hartford
- Insurance Industry to Create National Database to Combat Cargo Crime
- P/C Insurers’ Technology Spending Up 1.6%
- Ironshore Expands U.S. Distribution Network
- U.S. Senate Panel Rejects Public Healthcare Option; More Votes Ahead
- Former Moody’s Executives Criticize Firm’s Credit Rating Process
- Ex-AIG Financial Exec Cassano Returns to U.S. As Probe Continues
- Ratings Roundup: Progressive Motor, Markel (notes), Service
- At Home and Abroad, Vacated Properties Pose Greater Risk
- Bank Insurance Program Productivity Up 12.5% in 2009
- AAA Survey: 1 Out of 5 Drivers Admits to Texting While Behind the Wheel
- Teens With Own Cars Have More Crashes, Study Finds
- Companies That Bury Bad News Reap Rewards Over Forthright Firms
- A.M. Best: Surplus Lines Results Dip in Response to Competition, Losses
- P/C Industry Net Income Falls Nearly 60% in First-Half 2009
- U.S. Safety Agency Eyes Cell Phone Use Ban for Bus, Truck Drivers
- Workers’ Comp Wholesaler Unisource Expands Nationwide
- Disgruntled Customer Sues Bank of America for ‘$1,784 Billion, Trillion’
- AXA Art Appoints Quinn as National Director of Claims Management
- States Back Changes in Regulation of Reinsurance
- Congress, Insurance Regulators Seek Answers from Ratings Firms
- Fugate Brings Florida Ideas to FEMA
- Report: FEMA Overpays Private Insurers for Handling Flood Insurance
- U.S. Should Focus on Value, Pay Doctors a Salary: Healthcare Experts
- When Is a Lie Really a Lie?
- VP Biden Offers State Insurance Regulators Ground Rules for Healthcare
- Insurance Execs Not Confident of Underwriting Profit Over Next 3 Years
- 10 Insurers Hit Century Mark
- ‘Main Street’ P/C Insurers Tell Congress They Don’t Need More Regulation
- LaPunzina Named Senior Vice President at W.R. Berkley
- Ratings Recap: Berkley (Notes), Selective, Fire Districts, Crestbrook
- Frank Memo on Financial Consumer Protection Agency Identifies Exemptions
- Administration Backs Financial Consumer Agency; Bill Exempts P/C
- Report Warns Against Applying Systemic Risk Regulation to Insurers
- White House Targets Insurers for Health Insurance Premiums
- U.S. Senate Panel Takes On Health Care Plan
- Navigators Promotes Duca to President; Civisca, Helfers, Lowery Appointed
- Duperreault Extends Stay as Marsh & McLennan President, CEO
- Swett & Crawford Offers Temporary Employee Workers’ Comp Coverage
- Lawmakers Push for National Arson Registry
- Dodd to Push for Single U.S. Bank Regulator
- What to Know About Red Flags, Notification Laws and the Hi Tech Act
- Agent Group Installs New President, President-Elect
- As AIG Stabilizes, Greenberg’s Revised Bailout Under Consideration
- AIG Stabilizing But Ability to Repay U.S. Unclear, Says Report to Congress
- Obama Grants $25 Million to States for Medical Malpractice Pilot Projects
- Insurance Industry Facing Increased Regulatory, Legislative Activity: Study
- Safety, Training Standards Lacking for Increasingly-Popular Robotic Surgery
- SEC Tightens Regulation of Credit Rating Agencies
- U.S. Businesses Urged to Prepare for Absenteeism Due to H1N1 Flu
- Leahy Bill Repeals Antitrust Exemption for Malpractice, Health Insurance Companies
- Nelson Named President of Monitor Liability Managers
- Higgins Named President of Travelers Construction
- Residential Water, Electrical, Sewer Lines Covered By Hartford Steam Insurance
- Report: AIG Rebuffs CEO Benmosche’s Request for Private Jet
- It Was No Katrina But Some in Coastal America Remember Ivan’s Terror
- Gulf Coast Construction ‘Woefully Inadequate’ to Survive Storm Flooding
- Survey: Employees Likely to Bear Brunt If Health Reform Raises Costs
- Chalmers Named AVP, Misc. Professional Underwriting at Nautilus
- Whelan Joins Hartford as VP of Commercial, Financial Risks
- Equity Risk Partners Launches New Infrastructure, Privatization Group
- Study: Dog Bite Claims Up 8.7% in 2008
- Building of Unique Disaster Research Facility in South Carolina Begins
- Senate Panel’s 10-Year, $856 Billion Healthcare Plan Excludes Public Option
- Critics Attacked Senate Health Bill Before Its Unveiling
- With No Pay Guarantee from Insurance, Lawyers Quit on Stanford; Public Defender Named
- Aetna CEO Says Public Option Lacks Necessary Poltical Support
- Text: Sen. Baucus Introduces to Senate Financial Committee Health Bill
- Text: Senate Finance Committee’s America’s Healthy Future Act of 2009
- Warde to Head Underwriting at Markel
- QBE Acquires CIGNA Student, Sports Accident Book
- Matheessen Named Underwriting Head at ACE’s Energy Risk Unit
- Lloyd’s Directors & Officers Insurance At Issue in Stanford Fraud Case
- Valiant Introduces Management Liability Package for Private Firms
- Study: U.S. Workers’ Health Costs Double Over Decade
- Crime Warp: Fake Hate Crimes Lose More Than Money
- Former General Re Executive Napier Gets Probation in AIG Fraud
- Ratings Roundup: Ind. Mutual Fire, HM Casualty, Constitution
- U.S. Mulls Liability Standards for Credit Rating Firms
- El Nino Calms Storm Season Thus Far
- Obama Gives Proponents Hope for Medical Malpractice Reform
- FBI Reports Crime Declined in 2008
- ISO Develops Green Building Insurance Endorsement for Commercial Properties
- Ratings Recap: Berkley (Notes), Integon/Maiden, American Southern, Odyssey Re, Westward
- U.S. Prosecutors Eye Grand Jury on AIG Financial Products Chief
- AIG May Use Tax Benefits of Selling Stakes to Repay U.S. Taxpayers
- Health Insurance Isn’t Really Insurance, Researcher Says
- 9/11 and Insurance: The Eight Year Anniversary
- Obama Urges Congress to End Bickering and Pass Healthcare Reform
- Liberty International Underwriters Names Donovan, McAbee as VPs
- Declare Your Personal War on Time Poverty
- Obama Healthcare Speech to Address Tort Reform, Public Option, Costs
- Senate Health Proposal Includes Insurer Tax, Co-ops; Excludes Public Option
- AmWINS Acquires Group Benefits Unit from Willis HRH
- P/C Insurers Report Surge in Suspicious Claims
- Down Economy Plus Smarter, Safer Vehicles Help Reduce Death Toll
- New Facility for Excess Lawyers Professional Liability Now Available
- House Passes Surplus Lines Reform Legislation
- Insurance Regulators Vow to Examine Role of Credit Rating Agencies
- Georgia’s Southern Mutual to Affiliate with Donegal Mutual
- White House Calls for ‘Urgency’ on Financial Regulation Reform
- A.M. Best: Workers’ Comp – How Bad Will It Get?
- AIG to Sell Asset Management Unit for $500M
- Tornado Threat Increases as Gulf Hurricanes Get Larger
- Mexican Buses Avoid Safety Checks When Entering U.S., Says Audit
- More Older Americans Staying in Workforce
- Zurich North America Offers New Collateral Offerings
- Some State-Run Property Insurance Plans in Precarious Financial Situation
- Blunt-Talking AIG CEO Benmosche’s True Passion Is Wine
- Study: 40 Years of Auto Safety Efforts Have Saved Lives, Prevented Injuries
- SEC Watchdog Blasts Agency for Fumbling Madoff Probes
- Study: Workers’ Compensation System Failing Lower Wage Workers
- Selective Insurance Appoints Six Executives
- Judge Says Rating Agencies Not Shielded by Free Speech Defense
- Japanese Agents Hope to Learn Best Practices from U.S. Agencies
- Ratings Recap: Western National, Westminster, Carolina Casualty, MedPro, Tower Hill
- Best Affirms HCC’s ‘A+’ Rating; Revises ICR Outlook to Positive
- S&P Lowers Ratings on Selective Insurance Group; Outlook Negative
- Study: 1 in 10 Binge Drinkers Gets Behind the Wheel
- Daylight Saving Time Leads to More On-the-Job Injuries
- Survey: Most Support Laws Restricting Cell Phone Use While Driving
- Judge Affirms Jury Verdict Against AIG in Starr Oral Trust Lawsuit
- Pay-By-The-Hour Aviation Insurance Broadly Available
- Argus, Tremont Settle Madoff Suits Over Life, Annuity Policies
- California Fire Still Rages in L.A. Mountains
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