Insurance Journal
March 10, 2008 Issue
National Articles from March 10, 2008
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Credit Crisis Throws AIG Into ‘Uncharted Waters’
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Are Clients’ Most-Valued Items Falling Into the Gap?
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Nanotechnology: A Big Risk in a Small Package?
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How to Appraise and Insure Historic Homes
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The Basics About Appraisals
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Former Marsh Executives to Appeal Conviction in Bid-Rigging Case
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Five Execs Found Guilty of Fraud in Gen Re-AIG Trial
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Special Policies For Special Cars
East Articles from March 10, 2008
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People
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Skin in the Game
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States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking
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What Teens Think About Impaired Driving
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Granite State Reports Progress Curbing Teen Drinking
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W.R. Berkley: Smart Enough to Know Where to Succeed
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N.Y. Offers Towns Flood Prevention Money
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Pa. Judge Wants Insurance Fraud Trial Moved
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It Figures
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N.Y. Court Widens Opening for Contract Damages Against Insurers
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Judge Narrows N.Y.-N.J. Port Authority’s World Trade Center Claim
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R.I. Weighs Tracking System for Medical Mistakes
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Maryland Weighs Premium Installments for High Risk Drivers
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Vermont Cheers as IRS Drops Captive Insurance Tax Change
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New Markets
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Maine County Dogged by Police Canine Liability
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Declarations
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Business Moves
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Hedging Against Losses
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Industry Fights Back Against Charges of Bad Faith
Midwest Articles from March 10, 2008
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Declarations
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States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking
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Iowa Supreme Court Adds Twist to Medical Malpractice Opinion
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New Markets
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Things to Consider When Estimating Subprime D&O Losses
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Wis. Snowmobile Accidents, Deaths Increase
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Camera, Lights, Action: Chubb Offers Risk Policy for Film Producers
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Skin in the Game
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State Farm Reports 3% Profit Increase For 2007
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It Figures
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Hedging Against Losses
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Industry Fights Back Against Charges of Bad Faith
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Policyholders Need to be Educated on Importance of Flood Insurance
Southeast Articles from March 10, 2008
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Free Smoke Detector Distribution Lags in Rural Areas
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Georgia Storms Caused $15 Million Damage
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Former Calif. Regulator Shoots Fla. Man During Arrest
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Storm Losses Blamed on Coastal Growth, Not Global Warming
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People
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It Figures
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Industry Fights Back Against Charges of Bad Faith
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Alabama Halts Non-Renewals Based on Other Policy
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Business Moves
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Declarations
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N.C.’s Long Won’t Run For Seventh Term as Insurance Chief
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Alabama Moves Closer to Hiking Auto Insurance Requirements
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New Markets
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For Florida Politicians, Property Insurance Just Won’t Go Away
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Florida Insurance Market Showing Signs of Improvement
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West Virginia ‘Castle Doctrine’ Self-Defense Bill to Governor
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Skin In the Game
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Hedging Against Losses
South Articles from March 10, 2008
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It Figures
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People
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New Markets
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Two Oklahoma Cities Among 35 Safest in Nation
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Supreme Court Rejects Allstate Challenge to Texas Repair Shop Law
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Report: Change in Contractors, Computer System Hindered La. Citizens
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Hedging Against Losses
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Age-Old Issue
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Declarations
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Auto Claim Frequency Drops But Claim Severity on the Rise
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Average Homeowners Policy Rate Comparison is Meaningless
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Cleanliness is Key to Preventing Hot Tub Claims
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Policyholders Need to be Educated on Importance of Flood Insurance
West Articles from March 10, 2008
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Hedging Against Losses
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Cleanliness is Key to Preventing Hot Tub Claims
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Industry Fights Back Against Charges of Bad Faith
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Report: Auto Claim Frequency Drop Offsets Rise in Medical, Repair Costs
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Business Moves
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Seattle Court Rules Failure to Disclose Pollution Incidents Voids Vessel Policy
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The Spillover of Bond Insurer Downgrades
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It Figures
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Policyholders Need to be Educated on Importance of Flood Insurance
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Skin In the Game
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Declarations
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Arizona Settles $7M-Plus in Claims
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Alaska Fishing Town Braces for Court Look at Exxon Valdez Spill
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As the Soft Market Continues, Calif. Wholesalers Seek Specialty Niches
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People
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Colorado Auto Rates Down, Study Shows
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Study Reports on Costly 2007 Wildfire Season
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Insurers Call Calif. Auto Repair Bill ‘Anti-Consumer’; Claim Bill Would Deny Information to Consumer
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Former California Commissioner Facing Further Scrutiny
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New Markets
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Calif. Commissioner Poizner Abandons Uninsured Driver Initiative
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First Auto Policy Sold 110 Years Ago
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