| 1. | Gymnast Sues Time Warner, Others for $1.8B in New York City
May 2, 2011 -- A former champion Chinese gymnast has filed a $1.8 billion lawsuit in federal court against Time Warner Inc. and the United States Gymnastics Federation, saying they and others broke promises to care for her after an accident at the 1998 Goodwill ... |
| 2. | Brooke Insurance Franchise Executives Settle SEC Fraud Charges
May 4, 2011 -- Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a sixth Brooke executive have ... |
| 3. | Insurers Fight Over Flood Policies Dropped by State Farm
May 6, 2011 -- Major U.S. insurers jostled on Capitol Hill this week over control of 800,000 former State Farm flood insurance policies as lawmakers tried to advance reform of the nation's flood insurance system. The conflict began last year when State Farm ... |
| 4. | Florida Insurer Closing its Doors
Apr 29, 2011 -- A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a subsidiary of the Miami Gardens-based United ... |
| 5. | Report: Workers’ Comp Line Deteriorates Further in 2010
May 5, 2011 -- Workers' compensation continued to worsen in 2010 as the combined ratio jumped five points to 115 in 2010 from 2009. In its State of the Line workers compensation market analysis, NCCI Holdings Inc. described the workers' compensation line of ... |
| 6. | Property Rates Expected to Rise From Catastrophes, Revised Cat Model
May 2, 2011 -- Property insurance rates could be on the rise thanks to first quarter catastrophe losses, including the earthquake and tsunami in Japan, and a revised catastrophe model. During the second quarter, rates for North American catastrophe-exposed ... |
| 7. | The Future of the Independent Agency (Has Nothing to Do with Age)
Apr 29, 2011 -- For the last 20 years, at least, consultants, associations and publications have been worrying about the future of the independent agency system because the average age of agency owners has been in the late 50s. The same happens to be true with ... |
| 8. | Florida Man Gets Death Penalty for Insurance Office Murder
May 2, 2011 -- A Florida man has been sentenced to death for the murders of two women he doused with gasoline and set on fire during the robbery of a Nationwide Insurance office. A Polk County judge sentenced 33-year-old Leon Davis Jr. on Friday. A jury convicted ... |
| 9. | Sony Calls on Insurers to Help Pay for Data Breach
May 6, 2011 -- Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. "We have a variety of types of insurance that ... |
| 10. | Damage Estimated in Billions as Insurers Work to Pay Claims
May 4, 2011 -- Officials, insurers and residents are starting the daunting task of assessing and cleaning up the damage from the massive storm system that hit the Southeast as the amount of insured losses is heading into the billions of dollars. The National ... |
No comments:
Post a Comment