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  1. AIG's Boren, O'Brien to Head New Ironshore Environmental Insurance Unit Jan 6, 2009
    Bermuda-based Ironshore Inc. announced that Joe Boren and John O'Brien have joined as CEO and president, respectively, of its newly established Environmental Insurance ...
  2. ExclusiveAfter Stormy 2008, P/C Industry Facing Uncertainty in New Year Jan 5, 2009
    Ask agents and executives in the insurance industry about the new year and they'll say they expect that the market will harden, at least slightly. In fact, 73 percent of ...
  3. Fireman's Fund Insures Payment Card Security Breach for Retail Stores Jan 6, 2009
    Fireman's Fund Insurance Co. is introducing the first coverage for retailers that experience a breach of their payment card security system. According to the insurer, ...
  4. Allstate To Raise California Homeowners' Insurance Rates 6.9% Jan 6, 2009
    The California Department of Insurance has approved Allstate Insurance's request to raise its homeowners multi-peril insurance rates 6.9 percent. For information, visit
  5. AIG's Lexington to Manage AIG Public Entity Casualty Insurance Accounts Jan 6, 2009
    AIG Commercial Insurance will service all casualty insurance coverage for the public sector through its Lexington Insurance Co., the insurer announced. Specifically, ...
  6. HCC Acquires Massachusetts-Based Lumber Underwriter, VMGU Insurance Jan 6, 2009
    Houston-based specialty insurer HCC Insurance Holdings, Inc. has acquired VMGU Insurance Agency, an underwriter of the lumber, building materials, forest products and ...
  7. Florida Task Force Set to Vote on Citizens Insurance Reforms Today Jan 6, 2009
    An 11-member task force charged with making recommendations on how to depopulate Florida's high risk property insurer and return it to its original purpose as a market of ...
  8. 2008: Top Stories of the Year Jan 5, 2009
    2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world's largest and most successful ...
  9. Carolina Contractors Endorse Swett & Crawford Stucco Insurance Jan 6, 2009
    Wholesale insurance broker Swett & Crawford has won the endorsement of the Carolina Lathing & Plastering Contractors Association for its insurance program designed ...
  10. Four in Florida Charged in $1 Billion Viatical 'Ponzi' Scheme Jan 6, 2009
    Four Mutual sales agents with Mutual Benefits Corp., a viatical and life settlement company, for their alleged involvement in a scheme that officials say raised more than ...
  11. Colorado Proposes Rate Filing Changes Jan 5, 2009
    Colorado's Division of Insurance is proposing to amend regulation 5-1-10, Rate and Rule Filing Submission Requirements for Property and Casualty Insurance, "to ensure that ...
  12. Advisen Predicts Hardening of Commercial Insurance in Late 2009 Dec 31, 2008
    The commercial insurance market cycle is close to its bottom and general commercial insurance prices will begin increasing by the fourth quarter of 2009 or the first ...
  13. Greenbrier Owner Weighs Options for Money-Losing West Virginia Resort Jan 5, 2009
    Railroad operator CSX Corp. has hired New York investment banker Goldman, Sachs & Co. to help determine what to do with the money-losing luxury resort. The aim is to ...
  14. Johnston Named CEO of AIG Environmental; Hanna Named COO Jan 6, 2009
    AIG has named Russell Johnston as president and CEO of AIG Environmental, a unit of AIG Commercial Insurance. Johnston assumes management responsibility for AIG ...
  15. Illinois Prison Inmate's Family Wins $13 Million Settlement Jan 6, 2009
    An Illinois prison inmate who killed his cellmate after apparently warning guards three times that's what he planned to do must pay the dead inmate's mother $13 million. ...
  16. Study: California Earthquake Would Accelerate US Mortgage Meltdown Jan 6, 2009
    In light of current economic conditions, a major catastrophe such as an earthquake in California would bring new misery to both U.S. and international financiers, ...
  17. Two Major Insurance Recovery Law Firms Merge Jan 6, 2009
    National insurance recovery law firm Anderson Kill & Olick, P.C. continues to grow its national practice through its merger with Wood & Bender LLP.    Based in southern ...
  18. New York Giant Burress Fumbles Insurance on $140K Mercedes Dec 29, 2008
    Add this to the growing list of Plaxico Burress' problems: getting in a car crash and not having insurance on his nearly $140,000 Mercedes-Benz. The suspended New York ...
  19. Victoria Insurance Co. Changes Name to Cranbrook Insurance Jan 6, 2009
    Victoria Insurance Co., a wholly-owned subsidiary of Michigan-based USF Insurance Co., has changed its name to Cranbrook Insurance Co., effective Jan. 1. Cranbrook is ...
  20. New York AG Sues Marsh Over Contingent Commissions, Cites Insurers Over Alleged Bid-Rigging Oct 14, 2004
    New York Attorney General Eliot Spitzer on Oct. 14 sued Marsh & McLennan Companies, the nation's biggest insurance brokerage firm, alleging that it steered clients to ...
  21. Aon, Euler Hermes Launch Insurance Credit Service for SME's Jan 6, 2009
    A bulletin from Aon's London office notes that "with insolvencies set to increase in 2009, some 20 percent more of SMEs have turned to credit insurance this year to ...
  22. Insurance at Issue for Mo. Homeowners Using Wind Turbines, Solar Panels Jan 5, 2009
    Problems have arisen with a new Missouri law that was supposed to make it easy for residents powering their own homes to put in wind turbines or solar panels. The idea ...
  23. Robertson Taylor Adds Music/ Entertainment Insurance Specialist Jan 6, 2009
    U.K.-based Robertson Taylor, the specialist global music and entertainment subsidiary of Lloyd's insurance broker Oxygen, has expanded its Fine Arts Division with the ...
  24. Lloyd's, FSA Approve New MGA for 'Sportscover' Syndicate Jan 6, 2009
    The Financial Services Authority and Lloyd's have given approval for a new managing agency to assume the management of the Sportscover syndicate, 3334 SCS. The new ...
  25. Connecticut Levies $5.9M Fine for Hole-in-One Prizes Jan 6, 2009
    Connecticut officials have levied a $5.9 million fine against a man who runs businesses paying for hole-in-one prizes on behalf of clients. The state Insurance ...