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Breaking News Tue, 7 Sep 2010
Guilford families blame father in boat crash
(photo: WN / marzena)
Guilford families blame father in boat crash [New Haven Register, Conn.]
Insurance Newsnet
| Aug. 27--GUILFORD -- The father of a man blamed in a fatal boat accident last year shares responsibility for the incident because he owned the vessel and knew his son was prone to drinking while boating, victims' families allege in recently filed court documents. | The documents were submitted in ...
A man enters an AIG office building Monday, March 16, 2009
(photo: AP / Mark Lennihan)
AIG sold almost all it had, but it's not safe yet
Gulf News
| What on earth is one to make of AIG these days? With the US Treasury owning 78 per cent of the insurer, few investors or analysts look at the stock any more. Such was the scale and awfulness of AIG's demise and subsequent bail-out that most, it seems, would rather put the whole episode behind them...
Update: Reinsurance Panel: Future M&A Will Aim to Build Multibillion Balance Sheets
Insurance Newsnet
Copyright:A.M. Best Company, Inc.Source:BestWire ServicesWordcount:unknown | (Corrects Bryon Ehrhart and Brian Ingle name references.) Mergers and acquisition activity remains relatively low-level in the global reinsurance industry, but future deals ...
The Oklahoman, Oklahoma City, David Zizzo column [The Oklahoman, Oklahoma City]
Insurance Newsnet
| Sept. 06----Editor's note: Some readers, and by readers we mean insurance agents, might think the following column is too scary. And by scary, we mean a tongue-in-cheek look at the insurance industry. | As a professional journalist, I take seriousl...
Tryg A/S - Management change
Insurance Newsnet
| -------------------------------------------------------------------------------- | To Nasdaq OMX Copenhagen | | Announcement no. 36 - 2010 | | | | 6 September 2010 | -------------------------------------------------------------------------------- |...
Insurance changes kick in Sept. 23
The Columbus Dispatch
| Millions of Ohioans could benefit from new health-care regulations kicking in this month, starting with a requirement that insurance companies cover immunizations, cancer screenings and other preventative services for free. | While the most ambitio...
Sanford & Tatum insurance agency embarks on 75th year in business [Lubbock Avalanche-Journal, Texas]
Insurance Newsnet
| Sept. 05--As partners and co-chief executives of a business go, Douglas Sanford and Diannah Tatum are about as different as you can get. | The name Sanford has been on the door since C.A. Sanford and his son Marion, Douglas' father, started selling...
ACIC Bill Roundup
Insurance Newsnet
| SACRAMENTO, Calif., Sept. 3 -- The Property Casualty Insurers Association of America issued the following news release: | Following is ACIC's weekly Bill Roundup news release which lists insurance-related bills and other measures acted upon by lawm...
Countdown: 4 Weeks until Flood Insurance Expiration
Insurance Newsnet
| WASHINGTON, Sept. 2 -- The Property Casualty Insurers Association of America issued the following news release: | The National Flood Insurance Program (NFIP) is set to expire in four weeks, on September 30, just as the 2010 Atlantic Hurricane Seaso...
CNA Announces Risk Control Webinars on Employment Risks
Insurance Newsnet
| CHICAGO--(BUSINESS WIRE)-- All companies face a number of employee-related risks and challenges, from dealing with an aging or obese workforce to insurance fraud and drug testing mistakes. To help these companies better understand these risks and a...
Study Focusing on Insurers Finds Link Between Poor Leadership and Firm Failure
Insurance Newsnet
| A study of property/liability insurance companies found how well a firm fares depends on who is in charge, and that there is a correlation between inefficient management and the likelihood of failure. Some chief executive officers can bolster a com...
Insurance Industry Loses Jobs, But Moderately
Insurance Newsnet
Copyright: A.M. Best Company, Inc. Source: BestWire Services Wordcount: unknown | The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau...
BestDay Video for Friday, Sept. 3: Top Global Reinsurance Brokers
Insurance Newsnet
| BestDay Video for Friday, Sept. 2: Senior Associate Editor Meg Green details Best's Review's fourth annual listing of top global reinsurance brokers ranked by 2009 brokerage revenues. John Weber hosts. | Recent episodes of BestDay Video include: | ...
BestDay Audio Podcast for Friday, Sept. 3: State of the Global Reinsurance Market: Who Is Capitalizing on Hot Spots
Insurance Newsnet
| BestDay Audio Podcast for Friday, Sept. 3: The editors of Best's Review host a webinar focused on pricing and availability in various markets, including areas of exception; the impact of regulation; the outlook for reinsurance M&A among reinsur...
US Jobs Report: Insurance Industry Fails to Find Job Gains, But Slide Is Moderate
Insurance Newsnet
| The insurance industry, continuing its downward trend since the recession, has dropped 1,300 jobs in the latest employment report of August numbers from the U.S. Bureau of Labor Statistics. That's a relatively minor loss, though, and in a sliver of...
CIGNA appoints CFO
Insurance Newsnet
| Sep 03, 2010 (Datamonitor via COMTEX) -- CIGNA, a health service and financial company, has appointed Thomas McCarthy, currently CIGNA's vice president and treasurer, to the position of acting CFO. He will replace Annmarie Hagan. | Since 2003, Mr M...
CNinsure appoints head of insurance brokerage business
Insurance Newsnet
| Sep 03, 2010 (Datamonitor via COMTEX) -- CNinsure, an independent insurance intermediary company operating in China, has appointed Bo Zhao as head of its insurance brokerage business unit. | Mr Zhao will assist the company to expand its product and...
Travelers President and CEO of Select Accounts Marc Schmittlein to Speak at Keefe, Bruyette & Woods Insurance Conference
Insurance Newsnet
| NEW YORK--(BUSINESS WIRE)-- Marc Schmittlein, President and CEO of Select Accounts and Agribusiness for The Travelers Companies, Inc. (NYSE: TRV), is scheduled to speak at the Keefe, Bruyette & Woods Insurance Conference in New York City on Wed...
Sports
This is a May 31, 2008, file photo showing Russia's Maria Sharapova returning the ball to Italy's Karin Knapp during their third round match of the French Open tennis tournament at Roland Garros stadium in Paris
(photo: AP / David Vincent, File)
Sharapova faulty at service line again at U.S. Open
The Guardian
By Larry Fine NEW YORK, Sept 6 (Reuters) - Maria Sharapova said it was a grand slam year of missed opportunities after service woes haunted the former world number one at the U.S. Open Monday. Sharapova committed 36 unforced errors, including nine double faults in falling 6-3 6-4 in the fourth round to top seed Caroline Wozniacki of Denmark, last y...
Business
In 2009, Canary Wharf is surrounded by towers. Canary Wharf tenants include major banks, such as Barclays,
(photo: Creative Commons / WiNG)
Diamond to be new head of Barclays
London Evening Standard
Multi-millionaire banker Bob Diamond will be named as the next chief executive of banking group Barclays. | Mr Diamond, who is estimated to be worth £95 million, will take over from John Varley after the incumbent steps down next year, the Press Association understands. | The 59-year-old American's appointment is expected to be made on Tuesday as p...



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