National News for April 2010
- Chartis Updates Pollution Legal Liability Select Form
- Gulf States’ Wildlife Reserve, Tourism, Fisheries at Risk from Oil Spill
- Did Its Timberwolf Deal Give Goldman Early Clue to Later AIG Woes?
- AIR Enhances Catastrophe Risk Model for Industrial Facilities
- Gulf Coast Shrimpers Sue Oil Firm BP, Drilling Platform Owners Over Spill
- BP Vows to Pay All Gulf Coast Oil Spill Damage Claims
- Beyond the Flood Zone: Storm Surge Multiplies Coastal Vulnerabilities
- W.R. Berkley Launches Virginia-Based E&S Unit
- PartnerRe Oil Platform Disaster Loss Estimates Put at $60-$70 Million
- The Hartford’s P/C Income Jumps $145M in Q1
- ASI Healthcare Offers Pollution Liability for Nursing Homes, Assisted Living
- Senate Ends Stalemate Over Financial Reforms; Debate to Begin
- Gulf of Mexico Leak Grows, Oil Slick Near Shore
- Goldman Puts Berkshire’s Buffet in Tough Ethical Spot
- Spitzer: Wall Street Should Avoid ‘Frankenstein’ Financial Products
- U.S. Targets Crop Insurers’ Profits
- Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)
- Schinnerer Offers Kidnap, Ransom Coverage for Houses of Worship
- Chartis Introduces Premier Excess II to Ease Placement of Financial Coverage
- Rockhill Introduces Lead Safe Contractors Pollution Coverage
- Chartis Introduces Next Generation D&O Policy for Public Companies
- House Commitee Advances 5-Year Flood Insurance Extension
- Republicans Release Own Financial Services Regulation Proposal
- Stabilization of AIG Continues, Government Reports
- Gallagher Reports Jump in Revenues for Q1 2010
- Harleysville Reports $8.1M Profit, Ratings Upgrade
- Hiscox USA Launches Healthcare Information Privacy Protection
- ACE USA Creates Data Breach Team, Enhancement Options
- Willis Urges Risk Managers to Fight Against Contingent Commissions
- Financial Reform Bill Stumbles in U.S. Senate
- Federal Court Strikes Blow to Wal-Mart in Sex Discrimination Suit
- Directors & Officers Liability Renewals: A Tale of Two Markets
- IronPro to Offer Architect, Engineers Program Through All Risks
- Zurich Unveils Supply Chain, Risk Assessment Products
- Survey: More U.S. Businesses Anticipate Payroll Growth
- Shareholders File Suit Against Goldman CEO Over Abacus
- A.M. Best: U.S. P/C Industry Results Rebound
- Mixed Ruling in Connecticut Contingent Commissions Case
- Financial Reform Hits First Hurdle in U.S. Senate
- Chubb Profits Rise 36 Percent in First Quarter
- Travelers Reports Catastrophe Losses Hurt Profits in Q1
- Why Captive Solutions Might Grow Your Hospitality Book, and Revenue Too
- Fiesta Auto Insurance Opens 20 Locations Nationwide
- Senate Panel Sought Action Against Goldman Before SEC Suit
- Chartis Introduces Crisis Management Tool: CrisisResponseXS
- Progressive Launches Car Insurance App for Google’s Android Smart Phone
- Obama: U.S. Faces Another Financal Crisis If Lessons Aren’t Learned
- Earth Day: How Insurance Works with Recyclers
- AAIS To File Homeowners By-Peril Rating Plan Countrywide This Summer
- Liberty Mutual Surety Introduces Liberty SuretyFirst
- Zurich Enhances Healthcare Primary Policy for Medical Facilities
- Earth Day: How Insurance Coverages Respond to Greening of America
- Hospitals Shifting Costs to Auto Insurance System, Study Finds
- Judge: Fraud Case Against Ex-AIG CEO Greenberg ‘Devastating’
- Bank Style Regulations Would Raise Insurance Costs, Analyst Says
- Insential Partners with Vela Insurance to Expand Liquor Liability Program
- Financial Crisis Handing Spitzer Chance at Political Comeback: Author
- Auto Insurers Begin Process of Recouping Losses from Toyota
- A.M. Best Affirms ‘A’ for Main Street America; Upgrades Grain Dealers
- Willis Selects ASI for DealerGuard Open Lot, Hail Programs
- Toyota Pays $16.4 Million Fine But Says It Acted in Good Faith
- Charges Against Goldman Could Unleash Torrent of Lawsuits
- Some Health Insurers Shifting Costs Ahead of New Loss Ratio Mandate
- Lockton: Soft Market Pricing Continues to Benefit Insurance Buyers
- Correction: Crump Group No. 1 Overall Wholesaler
- How Agency Helps Preserve Historic Homes, Business Districts
- Sweethearts in Crime: Rise in Married Couples in Securities Fraud
- Sexton Joins Norman-Spencer and Western Marine Insurance Services
- MetLife Pays $13.5 Million to Settle U.S. Contingent Commission Case
- SEC Charges Goldman Sachs with Civil Fraud
- Senate Hearings to Explore Federal Mine Safety Regulation Flaws
- Toyota’s Legal Tactics on Claims Questioned
- St. James Insurance Group Re-Enters Commercial Lines, Appoints New SVP
- P/C Industry’s Net Income Up $25B in 2009; Combined Ratio Improves
- Risk Managers Continue to Report Soft Market Pricing
- President Obama Signs Jobless Aid, Flood Insurance Extension
- AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global
- Securities Lawsuits Drop as Global Credit Crisis Eases: Advisen
- Starr Indemnity Forms General Casualty Excess Group
- Bill Restoring Jobless Aid, Flood Insurance Clears Senate Hurdle
- Malpractice Concerns Lead to Unnecessary Health Tests, Study Says
- AIG Aircraft Leasing Unit Raises $2 Billion with Sale of Jets
- How to Handle Firms ‘Too Big To Fail’ Divides Democrats, Republicans
- Insurance Industry Urged to Explore Alternatives to Credit Scoring
- CNA Select Risk Enhances Transportation Unit, Adds Underwriters
- AIG ‘Strongly Objected’ to Pay Czar’s Cuts
- Greenberg Seeks Dismissal of New York AG’s Reinsurance Case
- Senate Ends Fillibuster on Jobless Benefits, Flood Insurance Program
- AMS Users Group Re-Brands As NetVU
- Penn National Insurance Makes Management Moves
- Motorcycle Thefts Drop by 13% in 2009
- Lawsuits Against Toyota Consolidated Under Federal Judge in Los Angeles
- Crop Reinsurers’ Profit Could Fall 30% Under USDA Changes, Says Aon
- Senate to Consider Restarting Flood Insurance Program Today
- Nestle Launches Ad Campaign, Insures Butterfinger With Lloyd’s
- Starr Aviation Acquires International Aerospace Insurance of California
- Chartis Offers Policyholders Storage of Electronic Health Records
- AIG Financial Products, Goldman Sachs Unwind Credit Default Swaps
- Marsh Service Enables Clients to Monitor Insurers’ Financial Strength
- Hanover Specialty Industrial Expands to New High-Hazard Classes
- West Virginia Mine Accident Could Spur New Regulations
- Older Workers Sticking with Jobs; Employment for Youngest Falls
- Wholesale Insurance Brokers AmWINS, Colemont Merge
- 5 More States Join Lawsuit Against New Healthcare Law
- Fireman’s Fund Introduces New Crisis Management Products
- Forecasters Predict Above-Average Hurricane Season in 2010
- Traditional Property Policies Can Leave Green Buildings Exposed
- Young Joins Big ‘I’ Agents’ Lobbying Staff
- Insurance Mergers Dropped in 2009, Reports Conning
- Federal Judge in New Orleans Awards $2.6M in Chinese Drywall Case
- AIG to Pay $9M in Ohio Antitrust Case
- Chartis Brokerage Launches Web Site for Brokers with Small and Mid-sized Risks
- Property Firm Purchases Infamous AIG Party Hotel
- International Insider: Multinationals and Money Laundering
- When Main Street Met Washington
- Green Building Movement Raises Some Construction Defect, Claims Concern
- CNA Appoints New Commercial Underwriting Officers
- U.S. to Make Trucking Firm Repeat Violators Install Electronic Recorders
- AIG Financial Products Executive Cassano Still Faces SEC Probe
- Munich Re America Changes Brand Name to Munich Re
- IronPro, JLT Partner to Provide Liability for Small to Mid-Size Law Firms
- Liberty Mutual Offering Interactive Advertising on iPad
- Advisen: Wage-and-Hour Lawsuits Rising But Coverage Hard to Find
- Lawsuit Over Ratings of Mortgage-Backed Securities Dismissed
- Insurer’s Study Shows U.S. Refineries Plagued by Deadly Accidents
- 10 Technologies with Biggest Impact on P/C Insurance Companies
- U.S. Fines Toyota $16M for Not Reporting ‘Sticky Pedal’ Defect
- Court-Side Lessons: Insurance Agency Management Tips Before Tip Off
- The Hartford Executive Andrade Explains Restructuring Impact on Agents
- MarketScout’s New Wholesaler Aims to Be ‘Full Service Partner’ to Agents
- Homeowners Advised to Gut Homes Built with Chinese Drywall
- AIG Expects to Repay Government Before 2013, Says CEO
- The Hartford to Restructure for Growth, Target Small to Medium Accounts
- U.S. Treasury Appoints E-Trade, EDS Executives to AIG Board
- S&P Affirms AIG’s Ratings; Outlook Still Negative
- Federal Reserve Discloses Toxic Assets It Bought to Rescue Banks, AIG
- Best Affirms Tower Group’s ‘A-‘ Ratings
- ACE Appoints Capparelli in Midwest, Zelickman in Northeast
- Soft Market, Weak Economy Will Challenge Insurers, Brokers in 2010
- The Hartford Returns Taxpayers’ Funds
- National Hurricane Center Considers Issuing Storm Surge Warning
- Ratings Roundup: Victoire, Merna Re II, Utica Mutual
- Victor O. Schinnerer Acquires HSBC Insurance’s Energy Brokerage
- MetLife Auto & Home Adds Tax-Related Identity Theft Service
- Woodruff-Sawyer Protects Independent Directors with Personal Policy
- KPMG Wins Dismissal of Madoff Feeder Fund Lawsuit
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