National News for May 2010
- New Oversized Baseball Helmets Big On Safety, Not Style
- Best Affirms Hiscox USA Group’s ‘A’ Ratings; Outlook Stable
- Ratings Roundup: Infinity, West Bend Mutual
- Gulf Oil Flow Halted But It’s Unclear If It Can Be Sustained
- Hurricanes May Snap Gulf of Mexico Pipelines, Study Says
- Flood Insurance Program to Expire Again May 31
- AIG on ‘Clear Path to Repaying Taxpayers,’ Says CEO Benmosche
- Recent Patterns Heighten Threat of Active Atlantic Hurricane Season
- After Paying $6 Million, Lloyd’s Balks at More for Stanford’s Legal Teams
- NOAA Cites Factors Supporting Forecast of Busy Hurricane Season
- Smart Choice Agency Market Program Expands to 6 More States
- Aon: P/C Insurance Rates Decrease, Capacity Continues to Increase
- Road Hazard: 20% of U.S. Drivers Would Flunk If Given Driving Test
- Treasury: AIG Risk Reduced But Full Recovery for Taxpayers Uncertain
- Study: Overall Purchase Beats Price in Auto Insurance Satisfaction
- OneBeacon Broadens @vantage for Information Technology Firms
- The Hartford Introduces Low Cost Liability for Consultants
- Zurich Opens 50 Specialty Programs to All P/C Agents Via Web Site
- Lloyds, Other Insurers Sue to Block BP Claim Against Transocean
- Justice Department Defends Retroactive Liability Limit on BP
- U.S. Slams Transocean’s Attempt to Limit Liability for Oil Spill
- LIU’s Private Company D&O Now an Admitted Product in 47 States
- Ratings: United Educators, North Country, Stonebridge, Farmers Union, Park, So. United Fire
- Survey: Agents Seek More Real Time Options from Carriers
- First System Forms Before Atlantic Hurricane Season Officially Opens
- Shareholders Sue BP, Allege Safety Failure Created Liability Exposure
- U.S. Supreme Court Upholds IRS Power to Demand Work Papers
- CNA Select Risk Extends Reach with New York, Los Angeles Offices
- Report: Property, Violent Crimes Drop by 5% in 2009
- Vertafore Real Time Use by Agencies Up 56%; Savings Put at $20 Million
- Charitable Group Plans to Honor Ex-AIG Head Greenberg
- PowerGuard Updates Wind, Solar Energy Warranty Product
- U.S. Drops Criminal Probe Against AIG Financial Products Executives
- Pressure Piles on BP As Gulf Oil Spill Widens
- U.S. Vows to Replace BP on Oil Response If Necessary to Control Spill
- Flood Insurance Rates Cut for Property Owners Affected By Remapping
- S&P Expects Re/Insurance Losses from Gulf Oil Spill to Be Minimal
- Best Upgrades AXA Insurance Ratings to ‘A’; Outlook Stable
- Ironhealth Introduces Specialty Liability Program for Physician Groups
- General Star Introduces Miscellaneous Professional E&O Program
- BP Shareholder Sues, Alleging Mismanagement of Oil Spill
- Wall Street Banks Handed Setback in ‘Hot News’ Copyright Case
- Lack of Demand for Innovation Helps Insurers Avoid Systemic Risk: Report
- Best Affirms Selective Group’s ‘A+’ Ratings; Outlook Negative
- Kaplan to Head Construction Practice at XL
- Senate Approves Financial Reform Bill
- Longtime Insurance Journalist, Editor, Slattery Dies at 68
- Insurance Safety Group: Keep Low-Speed Vehicles Off Public Roads
- Commercial Market to Remain Stable, Challenging for Risk Managers: Marsh
- Insurance Journal Searches for Nation’s Leading Agencies
- American Express, BOLT Insurance Create Small Business Service
- Allied World, American Professional Agency Launch Psychiatrists Program
- Senate Republicans Balk at Raising Oil Companies’ Spill Liability
- Key Facts, Common Myths About Protecting Homes from Hurricanes
- The Agency Salary Blues: How to Keep Employees Happy
- Best Affirms EMC Group’s ‘A-‘ Ratings; Revises Outlook to Positive
- Ratings: Evergreen RRG, Farmers Mutual Branch County, Mid-Continent, Ophthalmic Mutual
- The Hanover Partners With Identity Theft 911
- Best Affirms Berkley Group’s ‘A+ Ratings
- Obama to Name Gulf Oil Spill Panel; BP Safety Record Faulted
- Coming Hurricane Season Could Complicate Gulf Oil Spill Disaster
- Democrats Considering Unlimited Oil Spill Liability
- The Agency Salary Blues: Staff Morale Takes Hit in Tough Economy
- Aon Launches Insurance Policy for Space Investors
- U.S. Being Bankrupted By Disasters, Professor Tells Federal Reserve
- BP Reports Some Success in Containing Gulf Oil Spill
- Court Says Employer’s Failure to Investigate Bias Claim Not Retaliation
- S&P Lowers Mercury’s Ratings
- Property Insurers Watching Ominous Hurricane Forecasts
- Ratings Recap: Zenith, BancInsure, First Chicago, Town & Country, Rural Community
- Philadelphia Insurance Adds Product for Temporary Staffing Firms
- Allied World Launches Management Liability Product Suite
- Hurricane Scale No Longer Has Storm Surge, Inland Flooding Estimates
- Transocean Moves to Cap Oil Spill Damages to Preserve Insurance
- M&A Wrap Up: The Rollercoaster of M&A
- Despite Premium Decreases, Medical Professional Liability Industry Profitable
- Judge: LimeWire Filesharing Violates Copyright
- Obama Administration Defends Healthcare Law in First Court Test
- Ratings: Partners Mutual, Farmers (NJ), Premier Group, United Farm Indiana, Real State, Kansas Med Mutual
- What Agents Think Makes a Great Insurance Carrier Field Rep
- Zurich, Allied World Lead Carriers for OnPoint’s Indian Nations Program
- Lawsuits Over Gulf of Mexico Oil Spill Expected to Increase Dramatically
- Argo Launches Alteris for Managing Agents; Names Schenck President
- 2010 A Revolutionary Year for Truckers Insurance
- Senators Slam Oil Executives Over Gulf Spill
- AIG Reviewing Goldman, Other Deals
- Insurance Industry Reacts to Gulf Coast Oil Spill
- Oil Executives Face Congress Today, Blame Each Other for Spill
- Small Business Owners’ Outlook Improves But Hiring Remains Weak
- Liberty Mutual Agency Markets Unit Files for Public Offering
- AIG CEO Benmosche Confident Asian Life Unit Sale Will Go Through
- Report: Workers’ Comp Combined Ratio Jumps; Results Suffer in 2009
- Obama Eyes Raising Oil Spill Liability Limit; BP Says It’s Not An Issue
- The Hartford Marks 200 Years
- Florida, New York Tops in Insurance Claims from Staged Accidents
- Great American Adds Employment Practices Quoting to Web Portal
- House Bill Would Keep Federal Flood Insurance Open Through September
- Best Removes Berkshire Companies from ‘Under Review;’ Affirms Ratings
- Lexington Releases CarbonCover for Architects, Engineers
- Britian’s Pru, Regulators Close to Deal on Buy of AIG’s Asian Unit
- Buffett’s Berkshire Q4 Profit Highest Since 2007; Geico Premiums Up 6%
- BP Says Gulf Coast Oil Spill Has Cost $350 Million Thus Far
- BP Searches for Oil Spill Solution After Metal Dome Setback
- Zurich Launches Z-Rx Insurance Solutions for the Healthcare Industry
- Gulf Rig Owner Gets $401M Insurance Payment
- AIG Posts $1.5B Net Income in Q1; Chartis Sees 1.1% Drop in Premiums
- The Hanover Sees Profit Jump
- Oil Rig Workers File Suit
- CRC Employees in California, Illinois, Pennsylvania Resign
- U.S. ‘Ill-Prepared’ for Financial Crisis, Says Former Treasury Chief
- U.S. Senate Bank Reform Fight Turns to Consumers, Fed
- Insurers’ Gulf Coast Oil Spill Losses Estimated at $1.4B
- Agents’ Top Rated Carriers Make Fast Claims Adjuster Contacts
- Ratings Roundup: United Fire, Tall Pines, Safety Group, Plateau
- Federal Law May Limit BP Liability in Oil Spill
- Democrats Garner More Votes in U.S. Senate for Financial Reform Bill
- Foremost Insurance Updates Dwelling Fire Program in California
- Chartis Introduces One-Stop Solution for Small Business Construction
- Mainstay, Liberty International Target ‘Green’ Mid-Size Real Estate
- 74% of Nation’s Top Insurance Companies Are Hiring
- BP CEO: Oil Claim Waivers a ‘Misstep,’ Will Not Be Enforced
- Starbucks Sued Over Alleged Hot Tea Burns
- Gulf Coast Oil Spill Compared to Category 5 Hurricane
- The Hartford Launches iPhone App
- E&S Direct Premiums Written Fall 7.5% From Prior Year
- FBI Opens Gulf Oil Spill Disaster Fraud Line
- Best Sees No Change in National Interstate’s Ratings on Vanliner Acquisition
- Argo Group’s Insight Services Expands Insurance Agent E&O Coverage
- Buffett Defends Goldman Sachs
- Lawyers, Gulf Coast Attorneys General Weigh Legal Options in Oil Spill
- W.R. Berkley Appoints Two New Execs
- Travelers Names 20 Personal Lines Agents of the Year
- Validus Estimates Oil Platform Disaster Losses in $38-$45 Million Range
- Survey: Insurance Consumers Buying More Often Online
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