| 1. | Shake-Up at AIG’s Chartis; Moor Out, Hancock In as CEO
Mar 31, 2011 -- American International Group, Inc. (AIG) today announced a reorganization of Chartis, its global property/casualty business, and named a new management team, including a new chief executive officer, Peter D. Hancock, currently AIG executive vice ... |
| 2. | Tom Hanks, Rita Wilson File Lawsuit Against Former Insurance Broker
Mar 23, 2011 -- Actor Tom Hanks and his wife, Rita Wilson, have filed a lawsuit seeking unspecified damages from their former insurance broker. According to celebrity gossip Web site TMZ, which discovered the lawsuit, Hanks and Wilson previously worked with the ... |
| 3. | Special Report: Top 10 Innovative P/C Insurance Products
Apr 1, 2011 -- A wave of new product offerings is jeopardizing the property/casualty insurance industry's image as uncool. Since the beginning of the year, dozens of property/casualty insurers have announced innovative protections for risks involving new ... |
| 4. | Federal Government Lifts Cargo Insurance Requirement for Truckers
Mar 28, 2011 -- The federal government is no longer requiring that about 76,000 of the nation's for-hire truckers carry cargo liability insurance. Over the objections of shippers and transportation brokers, the Federal Motor Carrier Safety Administration (FMCSA) ... |
| 5. | Insurer Rates 16 ‘Best Values’ in Autos
Mar 30, 2011 -- USAA, an insurer for the military community, unveiled its first "Best Value" vehicle list that names the top 2011 automobiles in 16 categories based on quantitative data used in USAA's proprietary rating system. The "Best Value" vehicles typically ... |
| 6. | 9 Alternatives to Individual Health Insurance Mandate; Will They Work?
Mar 29, 2011 -- There are alternatives to the controversial federal government mandate that requires almost everyone to purchase health insurance, although experts are divided over how effective the alternatives might be in helping to expand coverage to the more ... |
| 7. | Walking on Water Risky, Even in Big Plastic Balls
Apr 1, 2011 -- The government is warning people to stay out of those giant see-through inflatable spheres known as "water walking balls'' because of the risk of suffocation or drowning. The Consumer Product Safety Commission said Thursday that it "does not know of ... |
| 8. | Florida’s Top 10 Sinkhole-Prone Counties
Mar 30, 2011 -- It's no secret that property/casualty insurers have been fielding more and more sinkhole claims in Florida and now online hazard mapping firm CDS Business Mapping and its RiskMeter Online service have come up with a list of the top 10 sinkhole prone ... |
| 9. | Leading Candidate to Succeed Berkshire’s Buffett Quits
Mar 31, 2011 -- The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp. before pushing Buffett to acquire it. David Sokol's resignation is a reputational blow for ... |
| 10. | Agents, Adjusters Vulnerable to Lawsuits Even When They're Not to Blame
Mar 30, 2011 -- Agents and adjusters have completely different roles in the insurance industry but as intermediaries between insurance companies and their customers they have one critical thing in common: They often get pulled into claims lawsuits even though ... |
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