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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 ... - 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 ... - 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 ... - Former AIG CEO Willumstad Foregoes Some Stock Awards Dec 31, 2008
Former AIG chief executive Robert Willumstad will forego stock awards he was granted as part of his agreement to step into the insurer's top post last June, the company ... - 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 ... - 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 ... 
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 ...- Another Hole Found in I-40 Bridge in Oklahoma City Dec 31, 2008
In the latest of a series of problems involving Interstate 40 through Oklahoma City, a hole opened in a bridge over the North Canadian River Dec. 29, forcing the closure ... - Lloyd's Analyzes Madoff's Impact on Professional Liability Coverage Jan 2, 2009
The ripple effect from Bernard Madoff 's Ponzi scheme will inevitably flow across the Atlantic concludes an article on the Lloyd's web site (www.lloyds.com). For many ... - 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 ... - $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 ... - 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 ... - Climate Change Raises 2008 Cat Losses to $200 Billion Says Munich Re Dec 31, 2008
Munich Re has released its annual report on the natural catastrophes that occurred in 2008, which it describes as "one of the most devastating years on record." 2008's ... - Rates Fall for Mine Subsidence Insurance in Pennsylvania Dec 31, 2008
Staring tomorrow, homeowners and commercial building owners in Pennsylvania can take advantage of substantially lower rates for mine subsidence insurance, making it more ... - Safety Group's Ads Aim to Reduce Crashes with Trains in Ohio Dec 31, 2008
A rail safety group plans a campaign to reduce Ohio's relatively high numbers of pedestrians and vehicles struck by trains. Operation Lifesaver says Ohio ranks 7th ... - 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. ... - 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 ... - New Year Brings Fire Safe Cigarettes, Extended Tax Break in Oklahoma Dec 31, 2008
It may be a little harder to keep cigarettes lit in Oklahoma next year. Jan. 1 is the effective date for legislation passed last session requiring that cigarettes sold ... - Brown & Brown Inc. Acquires Baker, Thomsen Associates Insurance Services Dec 31, 2008
A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Thomsen Associates Insurance Services of Newport Beach, Calif. Baker, Thomsen Associates ... - Workers' Comp Assigned Risk Rate to Rise in Minnesota Dec 31, 2008
Minnesota's Commerce Commissioner has issued a rate order approving a 2.6 percent increase in the overall level of the assigned risk rates for workers' compensation ... - Fatalities on New Hampshire Roads up in 2008 Dec 31, 2008
Fatal motor vehicle crashes are on the rise for the second year in a row according to the New Hampshire Department of Safety. The numbers released on Monday include all ... - 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 ... - Arkansas Teen Drivers Have Higher Fatality Rates, AAA Says Dec 31, 2008
Teenage drivers in Arkansas have a higher rate of traffic fatalities than any other category of drivers in the state, and the AAA wants the state to further restrict ...