понедельник, 23 ноября 2009 г.

Daily Headlines: Monday, November 23, 2009

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Insurance Journal Daily Headlines
November 23, 2009
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Today's Headlines

National

Winners, Losers in Senate Health Bill

Democrats in the Senate cleared the first procedural hurdle for sweeping healthcare reform Saturday by voting to open debate on the historic...

Jury Rules Against Fair Isaac in FICO Credit Score Trademark Case

A federal jury in Minneapolis on Friday ruled against Fair Isaac Corp. in its lawsuit accusing Experian Plc and TransUnion LLC of antitrust...

M&A Wrap-Up: Insurance Brokerage Mergers Took a Third Quarter Vacation

Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and...

S&P Upgrades Crum & Forster Ratings to 'A-'; Fairfax 'BBB-' Rating Affirmed

Standard & Poor's Ratings Services has raised its counterparty credit and financial strength ratings on Crum & Forster Insurance Co....

From MyNewMarkets.com Museum Travels Beyond Insurance to Protect the Priceless

The Dead Sea Scrolls are among the oldest documents, and greatest artifacts, in the world. So what do you do if they get lent to your...
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East

Feds Report Fewer Workplace Deaths in New England

New England recorded fewer work-related deaths last year, the U.S. Bureau of Labor Statistics reported Thursday, a trend that could be at...

Massachusetts Elderly Driver Bill Stalls on Beacon Hill

A bill that would require Massachusetts drivers age 75 or older to pass cognitive and physical exams every time they renew their licenses...

New Hampshire Promoting Safe Holidays with Proclamation

New Hampshire is promoting safe holidays with a new campaign against driving drunk or drugged. More than 200 state officials are expected to...
Midwest

Hoehne Joins Lockton Benefit Group in Minneapolis

Christine Hoehne has joined Lockton Benefit Group as an account executive in Lockton's International Benefit Services practice...

Indiana Agents Group Names State Auto Company of the Year

Columbus, Ohio-based State Auto Insurance Group has been named 2009 Company of the Year by the Independent Insurance Agents of Indiana...

Wisconsin Technical College Creates Insurance Education Program

Madison, Wis., Area Technical College has launched an Insurance Certificate Program to respond the needs of the growing insurance industry...
Southeast

Florida Approves Rate Hikes for 'High Risk' Coastal Properties

Florida Insurance Commissioner Kevin McCarty has approved rates hikes for about 330,000 of Citizens Property Insurance Corp.'s so-called...

Kentucky Ex-Lawmaker Pleads Not Guilty to Murder of Insurance Employee

Former Kentucky lawmaker Steve Nunn has entered a not guilty plea for his client in a Lexington courtroom on a murder charge stemming from...

Florida Lawsuit Claims TD Bank Was 'Epicenter' in Alleged Ponzi Scheme

TD Bank was hit with a multimillion-dollar lawsuit Friday calling it the "financial epicenter'' of an alleged Ponzi scheme run by disgraced...
Texas / South Central

Katrina MRGO Ruling Could Bring New Deluge of Lawsuits

A landmark court ruling blaming the Army Corps of Engineers' “monumental negligence” for some of the worst flooding from...

Texas Supreme Court Agrees to Rehear Exxon Abandoned Wells Case

The Texas Supreme Court says it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded...
West

Arizona A.G. Wants Explanation from Health Net

Arizona Attorney General Terry Goddard wants a Connecticut-based insurance company to tell Arizona policyholders whether their personal,...

Kelley Named to Colorado's Regulatory Agencies Department

Gov. Bill Ritter has appointed attorney Barbara J. Kelley of Denver to be the new executive director of the Colorado Department of...
International

Northwest England Hit by Floods; Bridges Collapse; AIR Analysis

A series of violent storms struck the west coast of England, beginning last Thursday.  Cumbria, the County just below the...

UPDATE: RMS Gives Preliminary Loss Estimates from UK Floods

Risk Management Solutions has issued a bulletin that presents several possibilities concerning the economic losses from the floods, which...

Aon to Manage BT's Captive

Aon Insurance Managers (Isle of Man) (AIM IOM) announced that it has been appointed as captive manager to the BT Group [formerly British...

De La Rochefoucauld to Head Lloyd's French Office

Lloyd’s announced the appointment of Guy-Antoine De La Rochefoucauld as the new Country Manager for its French office, effective the...

Best Affirms Mondial Assistance, Jefferson 'A' Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and the issuer credit rating (ICR) of "a+" of Swiss-based...

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P/C Insurance & the Economic Recovery

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New Discussions in the Forums

Sexual Harassment
Posted: Mon Nov 23 -- Typically, it is not covered. I belive you might find the exclusion under Coverage Part B ,"Knowing Violation of Rights of Another". Also,... LadyBroker
Guaranteed Replacement Cost for HO3
Posted: Mon Nov 23 -- GregCW -- I believe you are correct that the CA DOI decided everyone was getting Guaranteed Replacement cost...even those that had always... LadyBroker
Best way to insure a restaurant prior to opening?
Posted: Fri Nov 20 -- I would be very surprised if the tenant is not required to hire a licenced contractor to do the work...maybe not a GC, if it's just paint... LadyBroker

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