| 1. | Michigan Court Orders Insurer to Pay Mother Who Saw Son Die in Crash
Mar 11, 2011 -- An Ohio insurance company must pay benefits to a Detroit-area woman who suffers from witnessing the death of her son on a motorcycle. The Michigan appeals court said Gale Boertmann of Clinton Township can collect on her auto policy because ... |
| 2. | UPDATE-2 Huge Quake Triggered Tsunami Kills 100′s in Japan; Pacific on Alert
Mar 11, 2011 -- The biggest earthquake on record to hit Japan rocked its northeast coast on Friday, triggering a 10-meter |33 foot] tsunami that killed hundreds of people and swept away everything in its path. Thousands of residents near a nuclear plant in ... |
| 3. | Soft Market Is Ending, Really It Is, Says SNL Financial
Mar 10, 2011 -- Could the soft market finally be over? A new analysis concludes that insurance prices are rising and the prolonged soft market is ending, contrary to earlier reports from other analysts. Virginia-based SNL Financial says personal lines pricing is ... |
| 4. | Ex-AIG CEO Greenberg: Judge in New York AG Case Biased
Mar 10, 2011 -- Maurice "Hank'' Greenberg, the former American International Group Inc. chief executive, said the judge overseeing a New York attorney general lawsuit against him should be removed from the case because he is biased. In a court filing, Greenberg ... |
| 5. | Texas Lawmakers Want to End Driver Surcharges
Mar 9, 2011 -- Texas lawmakers are considering eliminating a program that requires those charged with offenses including driving while intoxicated and failure to have insurance to pay state surcharges. Nearly 60 percent of those with the surcharges - about 1.2 ... |
| 6. | Young Agents: What Are YOU Thinking? Exclusive Survey
Mar 9, 2011 -- Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions ... and have some fun. Gen X, Gen Y agents: who are you? What do you really think about your career? About your industry? About the ... |
| 7. | AIG Repays $6.9 Billion More to Taxpayers
Mar 8, 2011 -- American International Group repaid another $6.9 billion of its bailout Tuesday, the U.S. Treasury said. With that payment, the Treasury said it has now recovered 70 percent of the $411 billion distributed under the crisis-era Troubled Asset Relief ... |
| 8. | Florida Lawmakers Aim to Shrink State Insurer Citizens
Mar 8, 2011 -- Florida lawmakers are looking to cut the state's largest property insurer down in size. The plan is to reduce the number of properties insured by Citizens Property Insurance Corp. by allowing it to raise its rates by as much as 25 percent a year ... |
| 9. | Progressive Extends Pet Injury Coverage to Commercial Auto Customers’ Pets
Mar 8, 2011 -- Business owners can now protect their dogs and cats with Progressive's free Pet Injury coverage. How it works: If a dog or cat is hurt in a vehicle accident, Progressive will pay vet bills up to $1,000. Key Points: Free if with collision coverage; ... |
| 10. | Republican Flood Insurance Bill Gets Positive Initial Reception
Mar 8, 2011 -- A Republican draft of legislation to reform the federal flood insurance program would renew the program for five years, phase out most rate subsidies, tie coverage limits to the rate of inflation, vary the deductible by how subsidized the premium ... |
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