National News for May 2011
- ISO Adds General Liability Classifications for Alternative Energy, Nanotechnology
 - Medicus Insurance Expands Coverage to Calif., Ky., Ore.
 - Best Affirms All of GEICO’s ‘A++’ Ratings
 - Forde Joins RLA Insurance as Underwriting Officer
 - Senator Looks to Halt Rentals of Recalled Vehicles Over Safety
 - Senate Bill Would Set Wind-Vs.-Water Insurance Claim Formula
 - Storm Scientists Assess Year’s Series of Deadly Tornadoes
 - Ratings: Benchmark, Repwest, Sooner, Park Assurance, Mariah Re, ACMAT, Kingsway Amigo
 - Is Human Error in Workplace Preventable? Maybe
 - Bankruptcy Court Approves Summit Media Rescue Plan
 - States Hit Hardest by Recent Tornadoes Among Least Insured
 - Smaller Cars Improve Safety Performance
 - Best Affirms Travelers and Subsidiaries Ratings
 - Repeat Tornadoes Unusual But Not Unknown; Threat Continues
 - Feds Demand Workplace Injury Records from Mining Firms
 - U.S. Bias Suit Against Bayer Widens
 - SEC Approves Whistleblower Rule
 - Website Helps Homeowners Manage Property, Connect to Insurers, Contractors
 - Agents’ Use of Real-Time Upload Rises, Study Reveals
 - Travelers Expands Coverage for Healthcare Organizations
 - AIG Stock Dips After $8.7 Billion Share Sale by U.S. Treasury
 - Hotels Weigh Staff Safety Issues After IMF Chief’s Case
 - Treasury Sells AIG Shares at Slight Profit
 - Catastrophes Issue Wake Up Call on Supply Chain Risks
 - Ryan Specialty Group Launches LifeScienceRisk
 - Violent, Property Crimes Dropped in 2010: FBI
 - Wells Publishing’s Tinney to Speak on Media Transformation
 - P/C Insurers Facing Record Losses from Weather
 - The Hartford Shedding Bank Used for TARP Bailout
 - Neace Lukens Launches New Energy Consulting Service
 - Crump Promotes Heuer to VP, National Agency Relations
 - Ratings Analyst Views Allstate Buy of Esurance Positively
 - Late April Tornadoes Likely to Affect P/C Insurers’ Earnings, Not Capital
 - Black Lung Disease Rising Again Among U.S. Miners
 - Arthur J. Gallagher Appoints Three to Corporate VP Positions
 - General Star Launches Insurance Agents, Brokers E&O Program Through All Risks
 - Why Companies Try to Herd Shareholder Lawsuits to Delaware
 - How La Nina Might Affect Storm Season
 - Disaster Plan Should Include Social Media, Says Hurricane Center
 - Mitsui Agrees to Pay BP $1.1B Toward Gulf Spill Cleanup
 - CEI Adds Secondary Driver Records to DriverCare Risk Manager
 - Group Study: Largest Hedge Funds Buy More, Pay Less for Lawsuit Protection
 - Prison Case Tests Liability of Private Workers Doing Government Work
 - Best Performing Mid-Sized Commercial Insurers: SNL
 - Agency Salary Survey Reveals Frozen Salaries; Time to Evaluate Compensation
 - Why Bragging May Create a Greater Legal Duty of Care
 - Transocean Investors Uphold Executives’ Liability for 2010
 - Ryan Specialty Group to Buy Lloyd’s Insurer Jubilee
 - Lexington to Insure Alternative Energy Tax Credits
 - National Interstate Enters Ambulance Insurance Market
 - Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial
 - Oak Street Lending Hires Newton; Promotes Nicholson, McAtee
 - Americans Oppose Accident Response Fees: Insurance Industry Survey
 - Judge Dismisses Shareholder Suit vs Citigroup Execs Over Mortgages
 - Starbucks Sued for Firing Dwarf from Barista Job
 - Submit Today: Top 100 Independent Insurance Agencies
 - Travelers Enhances Coverage for Educational Institutions
 - Verisk Catastrophe Index Now Covers U.S. Earthquake Risk
 - Mississippi River Closed to Traffic at Natchez
 - Toyota Can Be Sued for Reduced Value of Cars, U.S. Judge Rules
 - Supreme Court Hands Corporate Whistleblowers a Setback
 - Bank Holding Company Insurance Revenue Drops 5.7%
 - P/C Insurers Take Hit in Q1 as Hurricane Season Approaches
 - BUA Launches Non-Appearance Event Insurance
 - Agents View Carrier Consistency of Product, Price Critical in Relationship
 - Claims Journal Names Johnson Associate Editor
 - Crump Buys Workers’ Compensation Self-Insurance Firm SFA
 - Weather Pattern Behind Current Mississippi River Flood Similar to 1993
 - Brooke Corp. Fines Pale Next to Pain Caused by Franchise Scheme
 - Marsh Launches Guarantee, Credit Insurance for Ship Owners
 - House Committee Passes Flood Insurance Extension, Reform Bill
 - White House Urges Congress to Act on Cybersecurity
 - Shareolders Using ‘Say-on-Pay’ Votes in Lawsuits Against Boards
 - Lawyers Eye Data Breach Lawsuits But Damages Uncertain
 - Cost of Fatal Car Crashes by State
 - Safety Advocates, Industry Spar Over Bus, Truck Safety Rules
 - Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota
 - Allstate Reports $1.4 Billion in April Storm Losses
 - Marsh Named Flood Insurance Agency of Year
 - ACE Names Hageman Senior VP for Global Personal, Small Business Claims
 - White House to Propose Cybersecurity Legislation
 - Oversight Council to Take More Time Identifying Systemic Risk Firms
 - S&P Changes Outlook on Navigators to Negative; Affirms Ratings
 - Liability Lawsuits Against U.S. Rating Agencies Dismissed
 - Ironshore Increases Iron-Starr Financial Lines Capacity to $25 Million
 - BOLT Insurance Agency to Distribute Zurich Small Business Products
 - Wal-Mart Facing Job Bias Suit from Fired Cuban Warehouse Workers
 - AIG, U.S. Treasury to Sell Nearly $9 Billion in Stock
 - Surety & Fidelity Association Elects Chubb’s Vispoli as Chair
 - Top 10 States for Dog Bite Claims
 - AIG Shares Fall Further, Put Pressure on Treasury
 - Federal Appeals Court Questions Virginia Challenge to Healthcare Law
 - Caputo, Former Citi Exec and Clinton Aide, Joins Travelers
 - Best Affirms No. Am. Casualty Financial Ratings; Upgrades Debt
 - P/C Insurers Cautious About Adopting New RMS Hurricane Model
 - P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best
 - Most Without Insurance Do Not Pay Hospital Bills: Federal Report
 - Brown Named Chief Marketing Officer for Starr Companies
 - Treasury to Name Federal Insurance Advisory Committee
 - U.S. Appeals Court Hears Arguments Over Healthcare Mandate Today
 - Insurmark, Bankers Insurance Launch Mortgage Lenders Product
 - Brit Insurance Launches Package Policy for U.S. Higher Education Sector
 - Hub International Acquires Two Agencies
 - AIR Estimates Recent Severe Storm Losses at $5.5B
 - E&O Insights: Are Customers Properly Protected for Business Interruption
 - Apple, Google to Face Lawmakers on Privacy Issues
 - AIG Shares Hit Lowest Level in Months
 - Liberty Mutual Posts 14.9% Increase in Net Income in Q1
 - AIG Reports $1.5B Net Income Loss in Q1
 - Insurers Fight Over Flood Policies Dropped by State Farm
 - Systemic Firms Will Not Be ‘Too Big to Fail,’ Says FDIC’s Bair
 - Sony Calls on Insurers to Help Pay for Data Breach
 - Markel Programs, Whorton Insurance to Offer Mobile Food Vendor Program
 - Terrorism Risks Lead Professionals to Refuse Business Trips
 - Report: Workers’ Comp Line Deteriorates Further in 2010
 - Insurers Fight Over Flood Insurance Policies Dropped by State Farm
 - Whistleblowers Not Protected for Media Leaks, Federal Court Rules
 - C-Suite Executives Now Expect More from Risk Managers
 - Brooke Insurance Franchise Executives Settle SEC Fraud Charges
 - Small Business Owners Concerned Over Taxes, Healthcare Issues
 - Survey: Commercial Lines Prices Fall 3% in Q1
 - Republicans Push to Repeal Healthcare Reform Funds
 - Sony Hires Investigators to Clean Up After Breach
 - Bank Insurance Fee Income Again Reaches Record High
 - U.S. Sues Deutsche Bank Over Mortgage Fraud
 - Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage
 - Survey: Businesses Not Doing Enough to Protect Against Discrimination, ID Theft
 - General Star Makes Changes to Fuel Oil Program
 - Marsh: Captive Owners Bolstered Capital Positions During Downturn
 - Markel Corp. Enhances Not-for-Profit Management Liability Products
 - Ratings Recap: SCOR (US), Majestic
 - Property Rates Expected to Rise From Catastrophes, Revised Cat Model
 - Best Affirms Harleysville Group and Subs Ratings
 - AIR Assesses Catastrophe Risk of Industrial, Renewable Energy Facilities
 - Best Downgrades Universal Casualty; Other Kingsway Subs under Review
 
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