Insurance Journal

- - Insurance Journal http://www.insurancejournal.com Up to the minute insurance news and magazine archives for property casualty insurance professionals en-us Copyright 2008 Wells Publishing Inc. All rights reserved. Fri, 25 Jan 2008 05:55:00 -0600 - Insurance Journal http://www.insurancejournal.com/img/insurance-journal-property-casualty-magazine-logo_88x31.gif http://www.insurancejournal.com 88 31 - Earth's Climate 'Clearly Out of Balance' Reports American Geophysical Union http://www.insurancejournal.com/news/international/2008/01/25/86705.htm http://www.insurancejournal.com/news/international/2008/01/25/86705.htm A newly released statement by the world's largest scientific society of Earth and space scientists - the American Geophysical Union (AGU) - warns that "the Earth's climate is now clearly out of balanc Fri, 25 Jan 2008 00:00:00 -0600 - Shares in US Bond Insurers Rise on Bailout Hopes http://www.insurancejournal.com/news/national/2008/01/25/86730.htm http://www.insurancejournal.com/news/national/2008/01/25/86730.htm Shares of bond insurers rose sharply Thursday on hopes the sector could receive support from a possible bailout orchestrated by New York insurance regulators. Shares of Ambac Financial Group Inc. Fri, 25 Jan 2008 00:00:00 -0600 - Mississippi Official Says Criminal Probe of State Farm has New Focus http://www.insurancejournal.com/news/southeast/2008/01/25/86733.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86733.htm Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer's "crimes against policyho Fri, 25 Jan 2008 00:00:00 -0600 - Democrats Blast FDA Labeling Rule as Product Liability Shield for Drug Makers http://www.insurancejournal.com/news/national/2008/01/25/86732.htm http://www.insurancejournal.com/news/national/2008/01/25/86732.htm The Bush administration wants to limit the situations where drug companies can change warning labels when they know of unsafe conditions without waiting for government approval. But Democrats charg Fri, 25 Jan 2008 00:00:00 -0600 - D.C. to Appeal Revised Flood maps http://www.insurancejournal.com/news/east/2008/01/25/86721.htm http://www.insurancejournal.com/news/east/2008/01/25/86721.htm The District of Columbia is planning to challenge new maps from the Federal Emergency Management Agency that would designate a broad section of the city's center a flood zone. The proposed new flo Fri, 25 Jan 2008 00:00:00 -0600 - Small Big Dig Contractor Criticizes $458M Deal with Giant Bechtel http://www.insurancejournal.com/news/east/2008/01/25/86715.htm http://www.insurancejournal.com/news/east/2008/01/25/86715.htm Prosecutors reached a $458 million settlement with contractors over tunnel defects that caused a fatal 2006 accident but a small contractor that isn't involved in the agreement says it unfairly spares Fri, 25 Jan 2008 00:00:00 -0600 - Ky. Measure Would Ease Safety Requirements for Some Surface Mines http://www.insurancejournal.com/news/southeast/2008/01/25/86722.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86722.htm Kentucky's smallest coal companies would get a reprieve from a year-old mine safety law under legislation pending in the General Assembly. The measure would relieve companies that employ fewer tha Fri, 25 Jan 2008 00:00:00 -0600 - Miss. Ambulance Co. Goes Out of Business, 23 Counties Affected http://www.insurancejournal.com/news/southeast/2008/01/25/86719.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86719.htm Twenty-three Mississippi counties are without regular ambulance service after the only company that provided them coverage went out of business at midnight Thursday. The state Department of Health Fri, 25 Jan 2008 00:00:00 -0600 - Mass. Bill to Ban Texting While Driving Includes Insurance Surcharges http://www.insurancejournal.com/news/east/2008/01/25/86714.htm http://www.insurancejournal.com/news/east/2008/01/25/86714.htm The Massachusetts House has approved a bill banning drivers from talking or texting on cell phones while behind the wheel, despite opposition from a lawmaker from a city where authorities say a man se Fri, 25 Jan 2008 00:00:00 -0600 - Wash. AG Proposes Identity Theft Bill http://www.insurancejournal.com/news/west/2008/01/25/86743.htm http://www.insurancejournal.com/news/west/2008/01/25/86743.htm A bill requested by Washington State Attorney General Rob McKenna to make it easier to prosecute identity theft cases is scheduled for a public hearing today before the House Judiciary Committee. " Fri, 25 Jan 2008 00:00:00 -0600 - Mass. Regulator Subpoenas Municipal Bond Insurers http://www.insurancejournal.com/news/east/2008/01/25/86717.htm http://www.insurancejournal.com/news/east/2008/01/25/86717.htm Massachusetts' top securities regulator on Wednesday said he issued subpoenas to a pair of municipal bond insurers, seeking information on how much the firms disclosed to cities and towns about their Fri, 25 Jan 2008 00:00:00 -0600 - Fla. Regulator: Allstate Compliance Still in Question http://www.insurancejournal.com/news/southeast/2008/01/25/86742.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86742.htm Allstate Insurance Co., in an ongoing exchange with the Florida Office of Insurance Regulation, submitted between 12,000 and 13,000 pages of documents Wednesday, according to a company spokesman. A Fri, 25 Jan 2008 00:00:00 -0600 - Calif.-based MOC Insurance, Farallon Assoc. Announce Merger http://www.insurancejournal.com/news/west/2008/01/25/86738.htm http://www.insurancejournal.com/news/west/2008/01/25/86738.htm Van Maroevich, president and CEO of MOC Insurance Services/Maroevich, O'Shea & Coghlan, and Peter Brown and Harry Humphrey of Farallon Associates Insurance Brokers, both based in San Francisco, announ Fri, 25 Jan 2008 00:00:00 -0600 - Lawsuit Claims Ala.-Based Insurance Co. Discriminated Against Haitians http://www.insurancejournal.com/news/southeast/2008/01/25/86724.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86724.htm Three Florida residents have sued Alabama-based Liberty National Life Insurance Co. claiming their insurance was canceled or undervalued because of discrimination against Haitian-Americans. The ne Fri, 25 Jan 2008 00:00:00 -0600 - Ky. Towns Plans to Bill Out-of-Town Drivers Blamed for Traffic Accidents http://www.insurancejournal.com/news/southeast/2008/01/25/86723.htm http://www.insurancejournal.com/news/southeast/2008/01/25/86723.htm The self-proclaimed "Friendship City'' has decided it's tired of being a doormat for motorists from neighboring communities. When police in this Cincinnati suburb respond to an accident in which a Fri, 25 Jan 2008 00:00:00 -0600 insurance news rss