вторник, 24 ноября 2009 г.

Daily Headlines: Tuesday, November 24, 2009

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Insurance Journal Daily Headlines
November 24, 2009
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Today's Headlines

National

U.S. Finds Strong Link Between Chinese Drywall and Corrosion

Federal safety officials say they have discovered a strong link between drywall made in China and the home corrosion reported by thousands...

One Insurer Bets on Political Campaigns While Another Drops Out

While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk...

Changes to Federal Insurance Office Act Supported by State Regulators

State insurance regulators have expressed support for recent changes to proposed legislation creating a Federal Insurance Office (FIO). In a...

Doyle Wins PLUS1 Award

The Professional Liability Underwriting Society (PLUS) has honored Corbette S. Doyle with its 2009 PLUS1 Award at the organization’s...

From MyNewMarkets.com What Movies Teach us About Insurance

In June of 2005, the American Film Institute (AFI) released its 100 greatest or most memorable movie lines from the first 100 years of film....
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East

New Jersey Supreme Court Upholds Fee Schedule for PIP Claims

The New Jersey Supreme Court has ruled the state's insurance regulator can implement a medical fee schedule for treatments covered by...

Plea Deal Reached in Pennsylvania Steel Town Arson Case

A former assistant fire chief accused of setting two small fires in an arson-plagued steel town near Philadelphia has worked out a plea...

Willis' Plumeri to Be Honored at New York Charity Event

The Insurance Industry Charitable Foundation (IICF) announced that Willis Group Holdings CEO and Chairman Joseph J. Plumeri will be the...
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Midwest

Michigan Shuts Down Northville Agency

Michigan officials have ordered a Northville insurance agency, Henrickson Hoppens Agency, to immediately close down, accusing it of selling...

Barfels Promoted to Chief Human Resources Officer at ARAG

Erin Barfels has been appointed chief human resources officer at Des Moines, Iowa-based ARAG, which specializes in legal insurance. In her...
Southeast

North Carolina Mutual Seeks Hearing on License in Virginia

Virginia regulators are seeking to suspend the nation's oldest black-owned insurer from doing business in the state, saying its finances are...

Arthur J. Gallagher Buys North Carolina's Shuford Insurance

International insurance broker Arthur J. Gallagher & Co. reported it has acquired Shuford Insurance Agency, Inc. in Concord, North...

Georgia Chief Offers Tips on How to Safely Deep Fry Turkey

Deep frying is an increasingly popular way to cook a turkey, but it's not without its dangers. Insurance Commissioner John Oxendine urges...
Texas / South Central

Louisiana Commissioner: Help Available for Victims of Chinese Drywall

Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and...

Stringer Elected to Lead Texas Surplus Lines Association

Monte Stringer, executive vice president with U.S. Risk Inc. in Dallas, has been elected president of the Texas Surplus Lines Association...
West

Insurance Agent Accused of Peeping Pleads Not Guilty

An Illinois insurance executive accused of secretly making nude videos of ESPN reporter Erin Andrews pled not guilty during his arraignment...
International

Scientist Accuses Hackers of Climate e-mails of Attack on Conference

A leading climate change scientist, whose private e-mails are included in thousands of documents that were stolen by hackers and posted...

Customer & Credit Risks top Agendas for European Business, Says Marsh

New research, conducted by Marsh, has found that senior executives in Europe’s leading organizations are most concerned about...

ACE Names Schrader Executive VP, General Counsel - Overseas Operations

The ACE Group announced the promotion of Howard S. Schrader to Executive Vice President and General Counsel of ACE's Overseas General...

XL Names Hendry to Newly Created Post as Chief Platform Officer

Bermuda's XL Capital Ltd. has appointed  W. Myron Hendry to the newly created position of Chief Platform Officer, based in Stamford...

Aon Adds Six to Aviation Team

Aon UK announced that it has made six new appointments to its aviation team. "The move is part of Aon’s recruitment drive to bring in...

Ratings Roundup: Bison, Queen's Island

A.M. Best Co. has affirmed the financial strength rating of 'A-' (Excellent) and issuer credit rating of “a-” of Bermuda-based...

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New Discussions in the Forums

Sexual Harassment
Posted: Mon Nov 23 -- Sexual harassment coverage is provided under the EPL policy (both defense & indemnity). If you would like help in placing this type of... TyieMoore
Guaranteed Replacement Cost for HO3
Posted: Mon Nov 23 -- In response to 'Lady Broker'...if you go back in time to what I'll call the freewheeling California homeowner's market prior to the Oakland... d's insurance store
Company Rating Structures
Posted: Mon Nov 23 -- Do you know of any states that will allow multiple rating programs for personal automobile within the same company? In other words are there... kbell

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