National News for April 2012
- Regulation, Reputational Risk Top Concerns of Risk Managers: Lloyd’s
- U.S. E&S Market Premiums Increase in 2011: SNL Financial
- Victims of Cyberbullying Fighting Back in Libel Suits
- Consumer Rebates Under Medical Loss Ratio Estimated to Be $1.3 Billion
- As America’s Waistline Expands, Costs Soar
- Big ‘I’ Chairman Donohoe Extols Association’s Value in Fast-Changing Times
- ACE USA Enhances Hospice Insurance Products
- Best Affirms Horace Mann Educators and Subs ‘A-‘ Ratings
- Liberty Mutual Profit Soars 26% in Q1
- 10 Miners Have Died in Job-Related Accidents Thus Far in 2012
- Transportation Chief Calls for National Ban on Cell Phone Use While Driving
- Senate Committee Votes to End Direct Farm Subsidies, Backs New Insurance Plan
- Hartford Sells Individual Annuity Unit
- IronHealth, The Sullivan Group to Offer Obstetrics Risk Management Services
- 1,000 Independent Agents Lobbying Lawmakers in Washington
- D&O Liability Rates Firmed in First Quarter: Marsh
- Selective Reports $18.1M Q1 Profit; Commercial Lines Price Up 5.1%
- Fewer Storms Forecast for 2012 Hurricane Season
- OneBeacon Forms New Specialty Program Group
- Wal-Mart Shareholder Sues Over Mexican Bribery Scandal
- Petersen International Releases Extended Benefit Supplemental Income Plan
- Argo Insurance Forms New Partnership for Watercraft Program
- FEMA Urges Renewal of Flood Insurance Program Set to Expire Next Month
- What to Expect If Supreme Court Strikes Down Obamacare
- Goldman Must Defend Bond Insurer’s Fraud Claims
- AIG Alleges Ex-Air Lease CEO, Employees Stole Trade Secrets
- Suspect Air Packs Still Being Used at Coal Mines
- Norman-Spencer Launches P&C Program for Recreational Marine Market
- Great American to Offer New Abuse or Molestation Insurance Option
- W.R. Berkley Q1 Income Up 17%, Sees Price Hikes ‘Accelerating’
- Shrimp Processors Object to BP Oil Spill Settlement
- Returning Soldiers Involved in More Car Crashes: Study
- MetLife to Pay States $500 Million in ‘Death Master’ Probe
- Progressive Expands Commercial Auto Coverage Limits
- Current Market Not Yet a ‘Classic’ Hard Market: P/C Executives
- Best Affirms Chubb Corp. and Subs ‘A++’ Ratings
- Travelers Enhances Cyber Product for Tech Firms
- Citigroup CEO, Directors Sued Over Executive Pay
- U.S. Tells Industry to Further Test Safety of Nanotechnolgy Products
- Senate Bill Would Revamp Federal Crop Insurance Program
- Republicans Prepare Should Supreme Court Overturn Healthcare Plan
- OSHA Hit for Taking Too Long to Adopt Workplace Safety Rules
- Some Acceleration Claims Against Toyota Dismissed
- AIG Adopts FASB Accounting Update, Revises Up 2010-11 Income by $5.1B
- QBE Expands Employment Practices Liability Insurance
- PPIB Launches Home Health Care Program
- Earth Day a Veritable Field of Green Opportunity
- Lawyer Pursuing U.S. Claims in News Corp. Phone Hacking Scandal
- Audit of Gulf Oil Spill Claims Fund Finds $64 Million in Underpayments
- Chubb: $506M Q1 Income, Business Insurance Renewal Prices Edge Up
- Travelers Has $806M Q1 Income; Business Insurance Renewal Price Up 8%
- N.Y.-Based USI Buys Assets of Compass Insurance, Expands in Southwest
- Gulf Oil Spill Commission Criticizes Congress for Inaction
- Zander Insurance, Answer Financial to Offer Home, Auto Insurance Nationwide
- Swiss Re Expands Foreign Coverages Through New Partnership
- The Hartford to Offer Electric Vehicle Discount
- AIR Offers Supply Chain Risk Service
- Travelers Updates Risk Management Tool with Risk Analyzer Dashboard
- Berkshire’s Warren Buffett Reveals Stage I Prostate Cancer Diagnosis
- Hedge Funds Face ‘Make or Break’ Year, Warns Insurance Investor
- Twitter to Limit Use of Patents in Lawsuits
- Russell Program Managers Expands PoolPro Program
- Risk Managers, Senior Executives Don’t See Eye-to-Eye on Risk Management
- RIMS Honors Accordino, Lassaw, Berman, Collins, Chan and Marren
- Data Show Risk Highest for New Motorcycle Riders
- U.S. Re Analytics Launches Cost-Saving Tool for Cat-Exposed Insurers
- Private U.S. P/C Insurers’ Income Fell to $19.1B in 2011: ISO, PCI
- Aon Risk Solutions Launches $50 Million-Limit Wage & Hour Product
- NAS Allied Medical Facility to Offer GL on Occurrence Basis
- Wholesale Broker AmWINS Agrees to $1.3 Billion Recapitalization with New Mountain
- Only 1 Out of 4 Companies Buying Cyberinsurance
- Corporate Insurance Buyers Preparing for Hardening P/C Market: Survey
- Judge Extends Deadline for BP Oil Spill Settlement
- ACE USA, RPS Healthcare Expand E&O Coverage for Podiatrists
- Now Is Time to Learn Lessons from 2011 Catastrophes: Marsh
- 15 Trends in P/C Insurance Employment
- Fed Chairman Bernanke Defends AIG, Bear Stearns Bailouts
- Insurance Employment Report: Jobs Outlook Improving, Slowly
- Irene Retired from Tropical Storm Name List
- DriveFactor Expands Usage-Based Auto Insurance Programs
- Great American Environmental Division Expands Capacity
- Cap on Subsidy of Crop Insurance Premiums Would Save $1 Billion: GAO
- Justice Department Testing Little-Used Law in Financial Crisis Cases
- Safety Regulators Recommend Brake Override on All New Cars
- MF Global Trustee May Sue Company Employees
- Special Agent Agency Management System Now Available Nationally
- Survey: Why Agents and Customers Choose Higher-Priced Insurers
- Grim Statistic: Auto Fatalities Spike on Tax Deadline Day
- 40 Million U.S. Jobs Tied to Intellectual Property Protection: Report
- U.S. to Give BP Evidence on Size of Gulf Oil Spill
- Veracity Insurance Solutions Launches Food Liability Insurance Program
- Actuary Analyzes Insurance Twitter Messages, Wins Prize
- CNA Announces New Kidnap, Ransom & Extortion Product
- Court Narrows Federal Law on Computer Fraud
- MF Global Executives Win Access to Insurance Monies for Defense
- Severe Weather Has Home Insurers Rethinking Coverages
- Chartis Introduces Package Policy for Schools, Associations, Public Entities
- XL Group Launches New Umbrella Casualty Form
- Property Insurance Rates Continue to Firm: Marsh
- Obesity Now Accounts for 21% of Healthcare Costs: Study
- Rondeau, Moreno Join Atlantic Casualty
- Healthcare Law Could Worsen Deficits: Study
- Wells Fargo Upgrades AIG on Likely Exit from Government Bailout
- CRC’s CEO Hopes to Create ‘Best of the Best’ With Crump Merger
- Kemper Changes Name for Specialty Business Unit
- Treasury Freezes Pay for CEOs at Bailed Out Firms AIG, Ally, GM
- New Jobs Act Does Not Reduce Management Liability
- March’s Severe Weather Proved Deadly, Costly in U.S., Globally
- New Federal Safety Rules for Mines Finalized
- U.S., Europe Urged to Offer Product Safety Training to Importers
- Viacom Wins Reversal in Landmark Copyright Case vs. Google’s YouTube
- U.S. Summer Forecast: El Nino Adverse Weather May Return
- Federal Healthcare Law to Aid Black Lung Victims
- PPIB Launches Medical Directors Program
- National Interstate Expands Transportation Program to Taxi Operations
- AIG May Take Airplane Leasing Unit Public in Q2: CNBC
- Berkley Corp. Forms Berkley Public Entity Managers
- Chartis Introduces CyberEdge Tower
- P/C Insurance Technology Vendor FirstBest Gets $10 Million
- Facebook Launches Patent Counterclaim Against Yahoo
- Large Insurers Anxious As Financial Council Finalizes Systemic Risk Rule
- 160-Year Old Hanover Retaking Its Place as P/C Industry Leader
- ACE Risk Management Launches Portal for Uninsured, Underinsured Motorist Issues
- BB&T Completes $570M Acquisition of Crump Insurance Units
- Football Turns to Helmet Technology to Tackle Head Injuries
- Hartford to Repay Allianz’s $2.4 Billion of Crisis Aid
- Path Set for Accountable Care Organizations in Healthcare Delivery
- Judge Weighs Release of Insurance Monies for MF Global Defense
- MetLife Auto & Home “Combo” Package Policy Expands into Three New States
- Ratings Roundup: First Nonprofit, Central
- Marsh Acquires Cosmos Services, a U.S. Brokerage Unit of Itochu Corp.
- MMC’s Duperreault Named Chairman of Federal Advisory Committee
- Top Reasons Happy Couples File Wedding Insurance Claims
- Bond Insurer Ambac Sues JPMorgan Over Mortgage Losses
- FDA Denies Ban on Chemical BPA Used in Baby Bottles, Food Packaging
- Appeals Court Hears Fraud Claim Against Goldman, TCW Over CDOs
- Special Report: Top 10 Innovative P/C Insurance Products
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