10/31 Insurance Journal

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Insurance Journal Aon's Q3 Net up Slightly at $120 Million; Other Results Mixed October 30, 2009 at 1:49 pm Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to ... Donegal Mutual, Southern Mutual Finalize Pooling, Marketing Affiliation October 30, 2009 at 1:25 pm Pennsylvania-based Donegal Mutual Insurance Co. and Georgia-based Southern Mutual Insurance Co. have finalize an affiliation they announced in early September. The deal brings Southern Mutual ... New Business Owners Product in California October 30, 2009 at 12:53 pm Trinity E&S Services, Inc., with offices in Bermuda Dunes and Petaluma, Calif., is announcing the introduction of an E&S Business Owners Policy for retail agents in California that do not ... California to Update Workers Compensation Regulations October 30, 2009 at 12:37 pm California's Department of Industrial Relations has proposed an update to regulations for the Workers' Compensation Information System. The update is part of the Division of Workers' ... Florida Approves 5.4% Citizens Homeowners Rate Hike October 30, 2009 at 12:30 pm Florida's state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze ... National Flood Insurance Program Extended Until Dec. 18 October 30, 2009 at 12:18 pm Congress has again temporarily extended the federal flood insurance program, this time until Dec. 18, 2009. The latest extension was approved by the House and Senate as part of an ... CNA Appoints Rutkowski Senior Vice President, Commercial October 30, 2009 at 11:58 am CNA Financial Corp. has named David Rutkowski as senior vice president of Commercial Segments. Rutkowski will be responsible for CNA's Middle Market customer segments including Construction, ... Research Can't Yet Explain Link of Chinese Drywall to Home, Health Woes October 30, 2009 at 11:52 am Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren't done investigating. The Consumer Product ... Pa. Court: Earlier Asbestos Settlement Has No Impact on New Suit October 30, 2009 at 11:47 am The estates of two men who died of asbestos-related lung cancer years after receiving a settlement for increased risks and fear of the disease can again sue another manufacturer of the material ... Montana Insurance Commissioner Announces Fraud Settlement October 30, 2009 at 11:18 am LPL Financial Corporation (LPL) will pay nearly $1.3 million in restitution to Montana investors and a fine of $150,000 to the State of Montana under a settlement announced today by Monica ... Watch Out for Boo! Texas Pedestrian Accidents Jump 23% at Halloween October 30, 2009 at 11:08 am On average, the number of Texans hit by cars spikes 23.3 percent during Halloween week, according to Allstate Insurance Company. The insurer recently looked at its Texas auto insurance claims ... Michigan Senate Rejects Ban on Location in Setting Auto Premiums October 30, 2009 at 11:03 am The Republican-led Michigan Senate has killed legislation that would have banned auto insurers from considering where a driver lives when setting rates. Democrats say the practice is unfair to ... Investigation: Ohio Work Comp Fund Lost $20M in Pharmacy Program October 30, 2009 at 11:01 am The state watchdog says the Ohio insurance fund for injured workers is out $20 million because of problems with its prescription drug program. Inspector General Tom Charles says the Bureau of ... California Pizzeria Owner Pleads to Insurance Fraud October 30, 2009 at 11:01 am Two Southern California men who were arrested on Oct. 15 for workers' compensation insurance fraud in Orange County. The state Insurance Commissioner, Steve Poizner, said that Sanjiv Mahendra ... Patriot Underwriters to Market SPARTA Workers' Compensation in 5 States October 30, 2009 at 10:48 am Fort Lauderdale, Fla.-based Patriot Underwriters, Inc. said it has signed an agreement with Advantage Specialty, Inc. to produce workers' compensation insurance for SPARTA Insurance Holdings, ... Homeowners Choice to Pick Up American Keystone Business in Florida October 30, 2009 at 10:36 am Homeowners Choice, Inc. reports it has been selected as the replacement home insurer for policyholders of American Keystone Insurance Co., which was placed into receivership earlier this ... Oregon's Gales Names New Partner October 30, 2009 at 10:33 am Gales Creek Insurance Services is pleased to announce that their Commercial Lines Manager, Kim Hutchinson, has become a partner in the agency. Kim has been with Gales Creek since 1999, handling ... California Car Crash Ring Broken Up October 30, 2009 at 10:30 am California's Insurance Commissioner Steve Poizner announced that a year-long investigation by California Department of Insurance detectives has resulted in eight arrests and the dismantling of a ... New York Signs Regulatory Agreement with El Salvador October 30, 2009 at 10:17 am The New York Insurance Department has signed a cooperation agreement with its counterpart in El Salvador, the latest in a string of similar agreements with insurance regulators in foreign ... State Investigating Another Botched Surgery at Rhode Island Hospital October 30, 2009 at 9:59 am Health officials are investigating how a surgeon at Rhode Island Hospital mistakenly operated on the wrong part of a patient's hand, the hospital's fifth wrong-site surgery since 2007. Hospital ... Fairfax Q3 Profits up 20% October 30, 2009 at 7:56 am Toronto-based Fairfax Financial Holdings Ltd; said its quarterly profit jumped 20 percent, due primarily to improved underwriting profit. Fairfax said its profit was $562.4 million in the third ... Endurance Reports $153.8 Million Q3 Net Income; Conference Call Today October 30, 2009 at 7:54 am Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $153.8 million and $2.51 per diluted common share for the third quarter of 2009, compared to a net loss of $99.4 million and ... Curtis Named Marsh UK COO October 30, 2009 at 7:46 am Marsh has appointed Simon Curtis as Chief Operating Officer (COO) of Marsh UK. He is based in London, and will report to Martin South, CEO Marsh UK. Curtis succeeds Ian Clarke, who has ... Best Affirms Lloyd's Syndicate 33 'A' Ratings (Hiscox) October 30, 2009 at 7:42 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 33, which is managed by Hiscox Syndicates Ltd (HSL). Best also ... Guernsey Welcomes 'Foot Review' October 30, 2009 at 7:33 am Guernsey's government joined Bermuda's in welcoming the final report of the 'Foot Review' [see IJ web site - http://www.insurancejournal.com/news/international/2009/10/30/104932.htm]. Guernsey's ... Best Affirms Hiscox Operating Companies 'A' Ratings; Outlook Stable October 30, 2009 at 7:27 am A.M. Best Co. has affirmed the financial strength ratings (FSRs) of 'A' (Excellent) and issuer credit ratings (ICRs) of "a" of Hiscox Insurance Company (Bermuda) Limited, the UK-based Hiscox ... AIR Tracking Typhoon Mirinae; Could Hit Northern Philippines Today October 30, 2009 at 7:21 am According to catastrophe risk modeling firm AIR Worldwide, a major tropical cyclone is threatening the northern Philippines for the fourth time in the past month. AIR rported that Typhoon ... Bermuda Monetary Authority Reviews UK's Offshore Financial Center Report October 30, 2009 at 7:15 am The Bermuda Monetary Authority has reacted favorably to recommendations listed in the recently published "Foot Report," which examines the role of offshore British financial centers, and their ... Towers Perrin Names Levene Retail Insurance Brokerage Leader October 29, 2009 at 3:40 pm Global professional services firm Towers Perrin has named Steve Levene practice leader for its retail insurance brokerage business. Levene's responsibilities will include strategic risk ...   This email was sent to zackmania84@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.