Top News
AIG Posts Record Loss, as Crisis Continues Taking Toll
Wall Street Journal (05/09/08) P. A1 ; Pleven, Liam
American International Group (AIG) reported hefty losses ($7.8 billion) on May...
Sinkhole and Town: Now You See It?
New York Times (05/09/08) P. A16 ; Blumenthal, Ralph
In Daisetta, Texas, a large sinkhole threatens to swallow several homes, a high...
Risk of Bird Flu Pandemic Probably Growing: Experts
Reuters (05/06/08) ; Nebehay, Stephanie
At a recent meeting of the World Health Organization (WHO), health officials said...
Damage, Flooding Reported After Storms
Washington Post (05/09/08) ; Schneider, Howard;McCaffrey, Raymond;Williams, Clarence
Severe thunderstorms hit the Maryland, Virginia, and Washington, D.C., area on...
Market Data
Workers' Comp Squeaks Out Profit for '07
National Underwriter (Property & Casualty - Risk & Benefits Management Edition) (05/08/08) ; Hays, Daniel
Workers' compensation eked out a profitable 2007, according to the National Council...
Corporate Defaults on Upswing as Debt Comes Due
USA Today (05/07/08) ; Krantz, Matt
Nervous consumers and a capricious bond market are driving high numbers of corporate...
Doing it Right
Rough Notes (04/08) Vol. 151, No. 4, P. 18 ; Pillsbury, Dennis H.
Helmer Risk Management has a premium volume of more than $7.5 million, and CEO...
Marine Hull Losses to Worsen in 2008
National Underwriter (Property & Casualty - Risk & Benefits Management Edition) (05/07/08) ; Ruquet, Mark E.
Lockton's "Market Update" reveals that marine hull losses for 2008 will be larger...
Results Mixed for Loan Program
Miami Herald (05/09/08) ; Garcia, Beatrice E.
The Florida capital loan program that aims to increase property insurance competition...
Legislative and Regulatory Updates
Drivers for Savings
Science Letter (05/13/08) P. 4355
Lawmakers on the federal, state, and local level will collaborate with Michigan...
House Passes Measure to Let Police Carry Guns on College Campuses
Springfield State Journal-Register (IL) (05/08/08) ; Colindres, Adriana
The Illinois House of Representatives passed a bill to permit police officers...
Bill Raising Drivers' Coverage Advances
New Orleans Times-Picayune (05/08/08) ; Anderson, Ed
The Louisiana House Insurance Committee recently passed House Bill 1312, sponsored...
The SEC's Show of Force
Wall Street Journal (05/09/08) P. C14 ; Reilly, David
The collapse of Bear Stearns and its subsequent bailout by the federal government...
Airlines Seek Renewal of Govt-Backed Terrorism Insurance
Dow Jones Newswires (05/05/08) ; Vaughan, Martin
The U.S. Senate is considering an aviation bill that would renew the war risk...
Cape Owners Avoid Big Hike in Insurance
Boston Globe (05/09/08) ; Blanton, Kimberly
The FAIR Plan, which is the insurer of last resort for many homeowners in Massachusetts,...
Legal Matters
Plaintiffs Still Looking for New Lawyers in Former Scruggs Case Against State Farm
BestWire (05/07/08) ; Hemenway, Chad
Hurricane Katrina plaintiffs in Mississippi continue to seek representation in...
Home-Appraisal Row May End Up in Court
Wall Street Journal (05/08/08) P. A4 ; Hagerty, James R.
The appraisal code of conduct orchestrated by New York Attorney General Andrew...
Starr Foundation Sues AIG, Alleging Fraud
Business Insurance (05/08/08)
The Starr Foundation filed suit against American International Group (AIG) in...
Risk Management Tools and Best Practices
Prepping Robots to Perform Surgery
New York Times (05/04/08) ; Feder, Barnaby J.
Robots are a $1 billion component of the medical device industry, but tho |