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Breaking News Sun, 5 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...
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...
Bed Bugs May Bite Insurers, But Won't Dog Industry
Insurance Newsnet
Copyright 2010 MarketWatch.com Inc.All Rights Reserved | MarketWatch | September 2, 2010 Thursday 7:27 PM EST | NEWS & COMMENTARY | 833 words | Bed bugs may bite insurers, but won't dog industry | Alistair Barr, MarketWatch . | Alistair Barr is a...
Hallmark Financial Services, Inc. to Present at the Keefe, Bruyette & Woods Insurance Conference
Insurance Newsnet
| FORT WORTH, Texas, Sept. 3, 2010 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (Nasdaq:HALL) announced today that Mark E. Schwarz, Executive Chairman, and Mark J. Morrison, Chief Executive Officer and President, will make a presentation at ...
Phoenix Cos. Leads Thursday's AMBG as Global Insurance Index Rises 0.58%
Insurance Newsnet
| The AMBG closed Thursday, Sept. 2 at 789.49 (+0.58%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Phoenix Cos. (+7.57%) and Hardy Underwriting (+6.12%). Trailing the list of global insurance...
Division of Workers' Compensation Announces Recent Enforcement Actions
Insurance Newsnet
| AUSTIN, Texas, Sept. 2 -- The Texas Department of Insurance issued the following news release: | Commissioner of Workers' Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division o...
Sports
 Olympic Lyonnais coach Gerard Houllier, left, and Olympic Lyonnais defender Claudio Cacapa of Brazil smile during a press conference in Lyon, central France, Monday Sept. 12, 2005, ahead of Tuesday´s Champions League match against Real Madrid. (AP
(photo: AP/Patrick Gardin)
Villa set for Houllier gamble
Gulf News
| London: Aston Villa, it seems, are about to take the plunge by bringing in Gerard Houllier to fill the huge void left by Martin O'Neill's hasty departure. If true, it's an awfully big call by Randy Lerner, Villa's American owner. | Out of work for three years with a history of health problems, Houllier's appointment would represent a gamble at a ...
Business
Staff members work on the production line at the Foxconn complex in the southern Chinese city of Shenzhen, Southern city in China, Wednesday, May 26, 2010.
(photo: AP / Kin Cheung)
Foxconn cuts target as size brings challenge
Gulf News
| Shenzhen, China: Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world's largest contract manufacturer of electronics by half as demand for Apple Inc iPhones and iPads fails to offset slowing computer sales. | Gou, who founded the Taiwanese company in 1974, will tell managers that he's lowering Foxconn's a...



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