Updated: December 1, 2008, 1:33 pm EST
National News

Electronic Health Records May Lower Malpractice Settlements: Study

Use of electronic health records (EHRs) may help reduce paid malpractice settlements for physicians, according to a new study. The study, which appeared in the November 24 ...

Aon Completes Acquisition of Benfield; Restructuring Includes Layoffs

Aon Corp. has completed its $1.43 billion acquisition of Benfield Group Limited, creating Aon Benfield, reinsurance intermediary and capital advisor, which will launch on Dec. ...

Hanover Insurance Completes Acquisition of Specialty Program Writer AIX

Super regional insurance carrier The Hanover Insurance Group, Inc. has completed the previously announced acquisition of AIX Holdings, Inc. Windsor, Conn.-based AIX Holdings ...
East News

Massachusetts Court Says Livery Firm Liable in Fatal Crash

A livery company and its driver could be held liable in a fatal car accident caused by a drunken passenger after he left the livery van, Massachusetts' highest court ...

Virginia Sees Decline of On-The-Job Deaths

Fewer workers in Virginia are being killed while on the job. Federal figures released Monday show workplace fatalties declined by 15 percent, from 165 in 2006 to 141 in ...

BC Law Gets $3.1M from Liberty Mutual for P/C Insurance Professorship

Boston College Law School has received a $3.1 million gift from Liberty Mutual Group that will be used to establish a professorship in property and casualty insurance ...

Provider Insurance Group Promotes Tetreault

Provider Insurance Group, a Needham, Massachusetts-based independent insurance agency, has named Kelley Tetreault its new financial services team leader. Tetreault joined ...
Midwest News

National Study: North Dakota Workers' Comp Premiums Lowest in Nation

North Dakota's workers' compensation agency says a national study has found it has the lowest premiums in the country. Workforce Safety and Insurance (WSI) says the study ...

Ohio: $1.2 Billion in Insurance Claims for 3rd Quarter of 2008

The Columbus Dispatch reports that Ohio had $1.2 billion in insurance claims for the third quarter of the year, trailing only hurricane-hit Texas and Louisiana. That's up ...

Burns & Wilcox Adds Derigiotis as Professional Lines Underwriter

Burns & Wilcox recently added David Derigiotis as a professional lines underwriter in its Special Risk Division (SRD). SRD is the company's internal brokerage division located ...
Southeast News

Exclusive New North Carolina Insurance Chief Agrees Beach Plan Needs Help

North Carolina's new insurance chief agrees with insurance industry critics that the state's backup wind insurance pool, known as the Beach Plan, needs shoring up. "I have ...

Duke University Sues Insurer Over Lacrosse Controversy Claims

Duke University has filed a lawsuit against its insurer, demanding that the company cover the costs of its settlement with three former lacrosse players who were falsely ...

South Carolina Sees Slight Drop in Workers Compensation Costs

South Carolina businesses may see a break on workers' compensation rates next year. The insurance industry's National Council on Compensation Insurance told state regulators ...

Mississippi University Opens Natural Disaster Study Center

Officials at Jackson State University in Mississippi have opened a Department of Homeland Security research facility. A ribbon-cutting ceremony was held recently for the ...

MetLife Auto & Home Expands North Carolina Homeowner Product

MetLife Auto & Home reported that it that it has received approval to introduce a new enhanced homeowner insurance program into the state of North Carolina. Under the ...

Quaker Special Risk Expands with New Southeast Office in Georgia

Quaker Special Risk, an independent full service wholesale brokerage firm, has opened a new regional office in Duluth, Georgia. Jake Terrell, with 14 years of direct ...
Texas / South Central News

Texas Supreme Court Considers Auto Policy Exclusions Case

The Texas Supreme Court must decide if an Ohio insurance company should pay in the case of a boy injured by a driver who was speeding away from police. Richard Gibbons was ...

Storm Planners Reflect on Strategies for Busy Hurricane Season

In New Orleans, a dire warning to flee emptied the city before Hurricane Gustav in early September. In Houston less than two weeks later, a plea to say in place might have kept ...

Burns & Wilcox Promotes Cugini to Manager of Houston Office

National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company's Houston office. He is responsible for increasing sales across all ...

Texas Enforcement Actions Total $42K in October 2008

The Texas Department of Insurance announced enforcement actions that became final during October include three license revocations and fines and restitution totaling ...
West News

Southern California Soaked but Stable in Storm

Wet and weary residents in areas scarred by Southern California wildfires were back in their homes for Thanksgiving after a day of rains brought evacuations and anxiety but ...

Federal Government Wins Lawsuit Over Colorado Hayman Fire

A federal judge ruled that the federal government doesn't have to pay for damage caused by the Hayman wildfire, the worst in Colorado history. U.S. Forest Service worker ...

Fires Above Idaho's Sun Valley Create Avalanche Danger

Wildfires that charred thousands of acres near a central Idaho ski resort in 2007 continue to create headaches for avalanche forecasters wary of snow slides on areas burned ...

Union General Offers Motel/Hotel Market

Union General of Concord, Calif., has "A" rated carriers offering both monoline and package coverage for motels and hotels.Multiple lines of coverage can be provided such as ...

Morales Joins Yates & Associates Insurance Services

Tustin, Calif.-based Yates & Associates announced that Lew Morales III has joined the underwriting department as underwriter/broker - new business P&C. Morales began his ...

Cal Inspection Bureau Celebrates 20th Anniversary

Woodland Hills, Calif.-based Cal Inspection Bureau Inc., is celebrating its 20th anniversary. The company was founded by president Emil Moskowitz, who had a law degree and ...
International News

Munich Re Chairman Sees Improving Results in 2009

In an interview with Reuters, Munich Re's Chairman, Nikolaus von Bomhard, expressed his hopes that fatter premiums would make 2009 more of a "normal" year after Munich Re's ...

Insurers Ponder Risk of Encouraging Trees to Fight Global Warming

Paying landowners to let forests grow is promoted by the United Nations as a viable way to fight global warming, but experts first have to puzzle out how to insure trees ...

China Insurers Dodge Financial Crisis Bullet, But Risks Loom

China's 3 trillion yuan ($440 billion) insurance industry was largely insulated from the U.S. subprime crisis that battered AIG and other foreign firms, but the fallout poses ...

IAG increases Stake in Malaysian General Insurer AmAssurance

Insurance Australia Group Limited announced that it is increasing its interest in the general insurance business of AmAssurance, its joint venture in Malaysia, from 30 percent ...

AIG Agrees to Sell Private Bank to Dubai's Aabar Investments PJSC

American International Group has announced an agreement to sell AIG Private Bank Ltd., a wholly-owned subsidiary of AIG, to Aabar Investments PJSC, a global investment company ...

RenRe's WeatherPredict Acquires Assets of Commodity Hedgers

Bermuda-based RenaissanceRe Holdings announced that its U.S. affiliate, WeatherPredict Consulting Inc., has acquired the primary technology assets of Commodity Hedgers, Inc. ...

S&P Analyzes Nat Cat Market

In anew article - "Clarifying The Framework For Rating Natural Catastrophe Bonds -" Standard & Poor's Ratings Services takes a look at the factors it considers when assigning ...

Unibanco, AIG in Joint Repurchase Plan of Brazilian Joint Venture Shares

Unibanco - União de Bancos Brasileiros S.A. - and American International Group, Inc. announced that they have entered into an agreement to repurchase their crossholdings in ...

New Willis UK Community Broker Network Signs Up First 10 Members

Willis Group Holdings announced that 10 members have joined Willis N², its new partnership with independent, community insurance brokers in the UK, since the network was ...

Best Affirms White Mountains and Subsidiaries Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of selected subsidiaries of the Bermuda-based White Mountains Insurance Group, ...

Aon Appoints Lawson to Head UK Trade Credit

Stuart Lawson has been appointed head of Aon Trade Credit (ATC), the UK's leading credit insurance broker. He will service existing clients as well as seeking new business, "in ...

ACE Europe Names McKellar Director for Scotland

ACE Europe has announced the appointment of Colin McKellar as Director of Scotland, based in its Glasgow office. He "will assume full management responsibility for all ...
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Farmers Alliance Companies Implements PipelineClaims

Advanced Claims Technology Helps to Modernize, Accelerate and Consolidate Claims Processing Honolulu, HI - December 1, 2008 -- BlueWave Technology, a provider of property ...