National News for May 2009
- Obama Financial Reform Plan Faces Tough Road Ahead
- USG Insurance Offers Auto Dealerships in Liquidation Program
- New Director Leads AIG CEO Search
- Obama Regulatory Overhaul Features Fed Reserve, FDIC, Consumer Agency
- Office Oddballs Make Everyone Better
- Ratings Roundup: Hermitage/Kodiak, Catholic Order, Stonebridge
- Surplus Lines Brokers Report No Change in Capacity; Increase in Submissions
- WorkComp Institute Names Long as Agency Services Director
- Administration Debating Powers of Proposed Systemic Risk Regulator
- Best Revises Selective and Subs Outlook to Negative; Affirms Ratings
- AIG Selling Part of Stake in Reinsurer Transatlantic Via Secondary Offering
- Supreme Court Nominee Sotomayor Has Record in Business Cases
- U.S. Supreme Court to Hear Merck Appeal on Reinstated Investor Lawsuit
- The Hanover Bets Big on Specialty Lines
- Top 100 Agencies: Deadline to Submit, June 1
- Finding New AIG CEO Won’t Be Easy, Say Consultants
- FDIC: New Fee System to Replenish Insurance Fund
- InsurBanc Offers Information on FDIC Changes
- Ratings: Rep. Western, Workmen’s Auto, Farmers Union, Town and Country, Sequoia, No. Am. Casualty
- Top 100 Profile: A Quiet Giant in The Leavitt Group
- Obama Curtails Bush-Era Federal Preemption of States By Regulation
- Personality, Good Time Management Are Key to Claims Success
- Surplus Lines Regulation Reform Legislation Reintroduced in Congress
- National Insurance Producer Licensing Bill Reintroduced in Congress
- Fire Departments Feeling Effects of Recession
- Forecasters Predict Average 2009 Hurricane Season
- Chubb Names Spencer COO, Accident & Health
- AIG CEO, Chairman Liddy Calls It Quits; Search On for 2 Replacements
- Court Approves $843 Million for AIG Investors Hurt By Alleged Fraud
- U.S. Financial Product Safety Commission Proposal Still on Table
- AIG Names 6 Independent Directors
- Marsh Partners with Executive Search Firm to Increase Diversity
- Ratings Recap: Georgia Farm, Okla. Farm, State Auto, Premier, Medmarc
- AIU’s New ReBuild Insurance Serves Large Public Works Projects
- American Bar Association Endorses Navigators’ New Personal Umbrella
- Cunningham Lindsey U.S. CEO: Market Conditions Not Slowing Growth
- Republicans Explain Their Health Care Reform Plan
- Republican Health Care Reform Nixes Public Option, New Taxes
- Allstate Declines TARP Bailout Funds
- Economy Forcing Changes in Carrier Investments
- Bank of America Seeks Lawsuit Immunity from Fired Employees
- AAMGA Conference Update: What Does Washington Know About Surplus Lines Insurance?
- Forecaster AccuWeather Cuts 2009 Atlantic Hurricane Season Forecast
- The Hartford’s Wolin Confirmed as U.S. Treasury Deputy Secretary
- Supreme Court to Hear Challenge to Sarbanes-Oxley
- Best Affirms Travelers Ratings; Changes Outlook to Positive
- Britt/Paulk Named Best Practices Program Administrator
- AAMGA Meeting LIVE: Dealing With Ups and Downs; IJ Reports on Twitter, Facebook
- Report Analyzes Threat to U.S. Coastlines
- Some Insurers Including Allstate Might Not Need Federal Funds
- Best Affirms American Modern and Subsidiaries ‘A+’ Ratings
- The Hartford Says It Will Not Sell P/C or Life Insurance Units
- P/C Insurance Agents Battle Public Health Care Reform Option
- AAIS Filing New Forms, Loss Costs for Personal Inland Marine Insurance
- Top 100 Agencies: Deadline to Submit, June 1
- Ratings Recap: Medical Mutual, Eastern, Kaufmann, Seaworthy
- Which Members of Congress Got Insurance Money In Last 2 Elections?
- Best Affirms AXA (US) ‘A-‘ Ratings
- Hartford, Prudential Among Life Insurers Approved for Treasury Funds
- Insurance Exchange, Mandate, Public Option Among Democrats’ Health Ideas
- Agents: Last Chance to Rate Regional Carriers in Insurance Journal-Sponsored Research
- U.S. Hurricane Center Applying Storm Surge, Other Lessons Learned
- Top 100 Profile: Locked into the Customer at No. 1 Lockton
- Brown & Brown, Navigators to Partner on Lawyers Liability Insurance Program
- USG Insurance Offers Miscellaneous Errors & Omissions Program
- Ratings: Allstate, Arrowhead, Nat’l. Lloyd’s/Summit, ISMIE Mutual, Greenville Casualty, Un. Farm Indiana
- Best Affirms Transatlantic’s ‘A’ Ratings
- Obama Opposes Expanding Flood Insurance Program to Cover Wind Damage
- AIG Leaders Grilled on Bailout Repay at Congressional Hearing
- U.S. Justice Department Plans New Antitrust Effort
- Travelers Launches New Product for Building Services Contractors
- U.S. to Require Ships Sailing Off Somalia to Post Guards
- Mild Solar Storm Season Predicted But Major Damage Still Possible
- State Insurance Regulators Say Health Care Reform Must Address Costs
- Health Groups Hope Savings Vow Wins Them Say in Obama Reforms
- HCC Insurance Holdings Names Donovan President of Aviation Division
- Kania Joins Liberty International Underwriters
- SEC Chief Backs ‘Systemic Risk Council’ Idea
- An Awakened Washington Promises More Stress for Directors & Officers
- 6 Steps For Agents to Take Before Soft Market Hardens
- Obama to Propose Changes to Taxes on Estates, Punitive Damages
- Ratings Roundup: DTRIC, Utica, Atradius NJ
- Professional Program Insurance Offers Beauty Shop Program
- No New Government Funds for AIG
- SEC Eyes Changes in Reporting of CEO Pay, Risk Management Practices
- The Hanover Gets Upgrade, Despite Lower Q1 Earnings
- Insurance Journal Launches Online Ad Showcase
- Elder Joins All Risks’ New REO/Foreclosure Property Program
- Louisiana, Alabama, Alaska, Mississippi, Nevada Rank Highest in Gun Death Rates
- U.S. Weighs Government Health Plan to Compete With Private Insurers
- AIG Reports $4.35 Billion Q1 Loss
- FDIC’s Bair Says U.S. Needs Systemic Risk Council as Regulator
- AIG Performance Bonuses of $454 Million Disclosed
- Survey: Americans Keeping Cars Longer in Struggling Economy
- Best Removes Torus Specialty (Praetorian) Ratings from Under Review
- OneBeacon Launches Health Care, Non-Profit Management Liability Products
- HCC Insurance Holdings Names Molbeck as CEO
- Marsh Posts Q1 Profit As Lower Costs Offset Revenue Drop
- AIG to Post $5 Billion Q1 Loss
- The Woodlands Financial Group Opens Branches in Florida, Maryland
- Ratings Roundup: Harford Mutual, Hallmark, Rural Mutual, Salem
- Whamond Elected Chief Financial Officer of HCC Insurance Holdings
- Agents and Brokers: Deadline to Submit for IJ’s Top 100, June 1
- AIG Expected to Post Q1 Loss But Not Need More Bailout Funds
- Berkshire’s Buffett: Life Insurers Took ‘Crazy’ Financial Risks
- AIG Rebranding Faces Challenges of 3 R’s and 4th, Recession
- Baio Named Treasurer of W.R. Berkley Corp.
- Buffett Criticizes Bank Stress Tests; Eyes Insurance for Flu Pandemic
- Insurance ‘Relatively Unaffected by Recession,’ Boasts Berkshire’s Buffett
- Buffett Says Bond Insurance Pricing Inadequate
- Florida’s Soto Honored with Top Insurance Agent Award
- Rader Elected American Association of Insurance Services Chairman
- AIU Launches Contractor’s General Liability Endorsement
- Travelers’ Earnings Fall; Premiums Up Slightly; Combined Ratio at 90.6%
- Former Gen Re Exec Gets 1-Year Sentence
- Aon Q1 Revenue Drops 3%; Commissions, Fees Up 1%
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