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- 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 ... - Study: Deadliest Hotspots for Teen Crashes on New Year's Holiday Dec 30, 2008
Some have called New Year's Eve "amateur hour" on the roads. That couldn't be more true for teen drivers, who, even if they haven't been drinking, lack experience behind ... - 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 ... - 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 ... - 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 ... - Survey: Insurance Ranks No. 2 as Most Important Bill to Pay On-Time Dec 30, 2008
Insurance bills rank as the second highest priority bill for Americans to pay on time, according to a new survey on the bill payment patterns of U.S. households. The ... 
After 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 ...- Connecticut Creates Online Service to Verify Workers' Comp Coverage Dec 30, 2008
The Connecticut Workers' Compensation Commission has created a new online service that will allow visitors to check if a business operating in the state has workers' ... - West Virginia Workers' Compensation Writer BrickStreet Drops Policies Jan 4, 2009
West Virginia's BrickStreet Insurance is looking to trim costs in 2009 by dropping nearly 1,000 workers' compensation policies its chief calls the worst of the ... - Insurers Say Fair Value Accounting Was a 'Powerful Accelerant' to Credit Crisis Dec 31, 2008
The application of fair value accounting measurements to an inactive, illiquid, and disorderly market for structured credit products helped fuel the worldwide credit ... - Catastrophe Losses Up 7% in 2008, Making It One of Costliest Years for Insurers Dec 30, 2008
The high frequency and severity of Atlantic hurricanes in 2008, coupled with other weather-related and man-made losses, placed the year among the costliest on record for ... - Best Removes Hartford from Review; Affirms 'A+' Ratings Dec 29, 2008
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of 'A+' (Superior) and issuer credit ratings (ICR) of ... - FTC Probing Insurers Over Credit-based Homeowners Insurance Pricing Dec 23, 2008
U.S. regulators have asked nine major insurance companies, including Allstate Corp. and Travelers Cos. Inc., to provide information about how they set prices for ... - Brown & Brown Insurance Buys New Jersey's Gallagher Associates Jan 5, 2009
Florida-based insurance agency Brown & Brown, Inc. has purchased the assets of Gallagher Associates in Blackwood, New Jersey. Gallagher Associates, with annualized ... - Missouri Company Recalls 750 Pounds of Sausage Dec 30, 2008
A St. Louis company is recalling 750 pounds of sausage products that may be contaminated with a bacteria that can cause a potentially fatal illness. The U.S. ... - 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 ... - $121 Million Distributed to Mission Insurance Customers Dec 31, 2008
California's Conservation and Liquidation Office (CLO) has distributed $121 million to policyholders and claimants from the liquidated estate of the Mission Insurance ... - Massachusetts Agents Want Regulator to Rein in Progressive Dec 23, 2008
A trade group for Massachusetts insurance agents has asked the state's top regulator to force Progressive Insurance to take down its Web site, which agents say routinely ... - Rockwood, Modern Insurance Create Errors & Omissions Firm Jan 5, 2009
Rockwood Programs has partnered with Modern Insurance of Florida to establish a new subsidiary company named Modern Insurance Consultants, LLC that will focus on errors ... - Hawaii Governor Asks Bush to Declare Oahu, Kauai Disaster Dec 30, 2008
Hawaii Gov. Linda Lingle is asking President Bush to declare Oahu and Kauai disaster areas to help the islands recover from recent heavy rains, flooding and high ... - Mississippi Police Station Closed Due to Lapsed Workers' Compensation Policy Dec 31, 2008
The Port Gibson, Mississippi Police Department was open Monday, three days after a payment lapse on an insurance policy forced its closure. Mayor Fred Reeves said the ... - New Jersey Workers' Comp Rates Drop, Benefits Rise Jan 5, 2009
New Jersey's workers' compensation insurance premiums will drop by roughly 1 percent in 2009, saving the state's employers an estimated $33 million. "There are a ... - Insurers Beginning to Weigh Economic Capital Modeling in Strategizing Dec 29, 2008
Insurers are making increased use of economic capital modeling in the Enterprise Risk Management (ERM) process and it is starting to influence their strategic ... - Louisiana Med Liability Insurer to Return 20% Dividend to Policyholders Dec 30, 2008
Louisiana Medical Mutual Insurance Company reported it will return a 20 percent dividend to all LAMMICO policyholders in Louisiana and Arkansas. Nearly 6,000 ... - Munich Re 2008 Catastrophe Report Cites Role of Climate Change Dec 30, 2008
Munich Re has released its analytical report on the natural catastrophes that occurred in 2008, which the reinsurer describes as, "one of the most devastating years on ...