October 29, 2009

10/30 Insurance Journal

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future.
Insurance Journal Feed My Inbox

Alaska Agent Re-Elected to Independent Agents Group
October 29, 2009 at 12:48 pm

M.J. Hall and Company of Alaska Inc.'s Suzy Baird has been re-elected as Associate Director of the Alaska Independent Insurance Agents & Brokers Inc.. Baird was also awarded the AAMGA award ...

Insurers Association Blasts Washington Flood Proposal
October 29, 2009 at 12:40 pm

The State of Washington's Insurance Commissioner's proposal regarding a state-run, flood insurance program would probably hurt the insurance market and policy holders throughout the state, the ...

Texas Mutual Hires Dileo as Head of Claims Operations
October 29, 2009 at 12:23 pm

Texas Mutual Insurance Company has hired Mike Dileo as senior vice president claims. Dileo has 15 years' experience managing claim, underwriting, loss prevention and premium audit operations. ...

Programs to Combat Vehicle Theft to Expand in New Orleans
October 29, 2009 at 12:21 pm

Commissioner of Insurance Jim Donelon says Louisiana's program to reduce vehicle theft and insurance fraud will be expanded in Orleans Parish, which includes New Orleans. Donelon made the ...

Carroll, Jarratt and Lee Added to PCI's Board of Governors
October 29, 2009 at 12:18 pm

Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America's (PCI) Board of Governors. Carroll, serves ...

Ohio Gov. Would not Want to Refuse Health Insurance Public Option
October 29, 2009 at 12:16 pm

A spokeswoman for Ohio Gov. Ted Strickland said the governor would not want Ohio to opt out of any new government-run health insurance program. A health care proposal offered by U.S. Senate ...

California Study Says Workers' Comp Law Accomplished Goal
October 29, 2009 at 12:12 pm

An attempt to reform the permanent disability rating schedule in California has produced a 6 percent reduction in attorney involvement and in the average amount paid on claims at 36 ...

Texas May Drop Phone Numbers from Vehicle Accident Reports
October 29, 2009 at 12:07 pm

In a blow to businesses that contact drivers after car wrecks, Texas' law enforcement and transportation agencies have agreed to drop telephone numbers from crash reports. The move is supported by ...

Insurer Harleysville Posts 3Q Profit Gains
October 29, 2009 at 12:01 pm

Pennsylvania-based insurer Harleysville Group Inc. saw its third-quarter profits climb to $24.7 million, up 488 percent from $4.2 million in the year-ago period. Revenue at the insurer rose to ...

21st Century Holding Firmly Rejects Homeowners Choice Buyout
October 29, 2009 at 11:32 am

Lauderdale Lakes, Fla.-based 21st Century Holding Co. said its board of directors has unanimously rejected an unsolicited buyout proposal by Florida-only insurer Homeowners Choice, Inc., which ...

Jones Joins Consultant InStrategy as Managing Director of Retail Practice
October 29, 2009 at 10:55 am

Charlotte, N.C.-based insurance consultancy InStrategy Group has appointed Robert Jones as managing director to lead the group's retail practice. Jones has 30 years of experience in the ...

Georgia Workers' Compensation Insurer Southeastern US Faces Liquidation
October 29, 2009 at 10:05 am

A workers' compensation insurer for 3,000 public entities, hospitals, private companies and associations in Georgia has been declared insolvent and will be liquidated. Fulton County Superior ...

Everest Re Q3 Net Income $228.6 Million; Conference Call Today
October 29, 2009 at 9:31 am

The Bermuda-based Everest Re Group, Ltd. reported third quarter 2009 net income of $228.6 million, or $3.75 per diluted common share, compared to a net loss of $233.1 million, or $3.79 per common ...

Aspen Q3 Net Income of $144.7 Million; Net ROE 22%; Conf. Call Today
October 29, 2009 at 9:25 am

Aspen Insurance Holdings reported greatly improved third quarter 2009 results, compared to 2008. The Bermuda-based specialty insurer recorded third quarter net income after tax of $144.7 million, ...

Obama Administration to Reconsider Trucker Safety Rule on Hours
October 29, 2009 at 8:41 am

The Obama administration has agreed to reconsider a rule that allows long-haul truckers to drive for up to 11 hours straight, bowing to safety advocates who say longer hours could lead to greater ...

Jury Awards North Carolina Soldier $750K in Training Shooting
October 29, 2009 at 8:31 am

A former Army sergeant wounded during a military training exercise was awarded at least $750,000 in his lawsuit against the Moore County, North Carolina Sheriff's Office and the former deputy who ...

Gulfport, Mississippi to Start Environmental Claims Court
October 29, 2009 at 8:20 am

Gulfport will start an environmental court next week to deal with derelict properties, tree ordinance violations, vandalism, building- and fire-code violations and other issues. Mayor George ...

Midwest Wheat Farmers Reap Preventive Planting Insurance Money
October 29, 2009 at 8:06 am

U.S. farmers struggling to seed their wheat crop will likely reap an insurance check rather than sow in less-than-ideal conditions, analysts and agronomists said. Farmers with prevented ...

House Healthcare Bill Has Public Option, Individual Mandate, Surtax
October 29, 2009 at 8:04 am

Democrats in the House finished work Wednesday on a healthcare bill that includes a government-run insurance plan, requires individuals to buy health coverage and imposes a surtax on the wealthy ...

RenRe Posts $258.6 Million Q3 Net Income; Operating $242.2 Million
October 29, 2009 at 7:54 am

Bermuda-based RenaissanceRe Holdings Ltd., a leading nat cat property reinsurer, joined the comeback kids of 2009 with a robust performance in the third quarter. The Company reported net income ...

Best Affirms Lloyd's Syndicate 2010 'A' Ratings (Cathedral Capital)
October 29, 2009 at 7:49 am

A.M. Best Co. has affirmed the Best's Syndicate Rating of 'A' (Excellent) and issuer credit rating (ICR) of "a+" of Lloyd's Syndicate 2010. At the same time Best affirmed the ICR of "bbb+" of ...

Increase in IPO's Causing Surge for D&O's Coverage Says Marsh
October 29, 2009 at 7:46 am

According to a bulletin from Marsh's London office the "increase in the number of companies considering an initial public offering (IPO) or general capital raising is behind a surge in interest in ...

AXA Sees Better Market Conditions, Despite Decrease in 9-Month Sales
October 29, 2009 at 7:42 am

France's AXA Group, which ranks alongside Allianz as Europe's two biggest insurers, said its business environment was getting better despite reporting a dip in nine-month sales on ...

XL Cuts Q3 Net Income Loss to $11.4 Million; $246 Million 9-Month Profit
October 29, 2009 at 7:38 am

XL Capital has profited from the old adage that "less is more," as the Bermuda-based insurer rebounded from a disastrous year in 2008. Although it posted an $11.4 million loss for the third ...

Arrests Made in Western Pennsylvania Arson Spree
October 29, 2009 at 7:01 am

Eight people have been arrested for more than a third of the 34 fires police say were intentionally set in the last two years in New Castle in western Pennsylvania. "Hopefully, we can rest a ...

Noto Joins Swett & Crawford in New Jersey
October 29, 2009 at 6:19 am

Swett & Crawford has hired Carmela Noto as a broker in the insurance wholesaler's Morristown, New Jersey office. The insurance industry veteran has long-term experience in marketing and ...

Tom Brokaw to Address Insurance Industry Charitable Foundation Gala
October 28, 2009 at 9:35 pm

The Insurance Industry Charitable Foundation (IICF) said NBC News Correspondent Tom Brokaw will be its special guest speaker for the 2009 New York Division Gala. The event is being held on ...

Key Risk Promotes Marcus
October 28, 2009 at 2:08 pm

Greensboro, North Carolina-based Key Risk, which provides workers compensation insurance throughout the eastern United States, promoted Mike Marcus to the position of vice president and corporate ...
 

This email was sent to zackmania84@gmail.comCreate Your Account
Don't want to receive this feed any longer? Unsubscribe here.

No comments:

Post a Comment