Insurance Journal
May 19, 2008 Issue
National Articles from May 19, 2008
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Congressional Report Finds Civilians Working in War Zones Encounter Claims Hurdles
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Senate Rejects Adding Wind Coverage to Flood Insurance Program
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Nine Catastrophes to Cost P/C Insurers $3 Billion in First Quarter
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International First Quarter Earnings Gone With the Credit Crunch
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New Markets
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Supreme Court Weighs Insurer’s Conflict of Interest in Health, Disability Benefits Claim Denial
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Cafeterias Cooking Up Explosive Sales, Expansion in Restaurant Market
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U.S. Insurers Face Uphill Battle to Alter Foreign Insurers’ Tax Break
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Insurer Executives Say More Can be Done to Attract New Talent
East Articles from May 19, 2008
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Insurers Market Private Workers’ Comp on U.S. Defense Projects
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Mass. Auto Competition Heats Up – Over Rules and Regulations
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Declarations
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Business Moves
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N.Y. Suspends Workers Comp Security Fund Payments
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Mass. Nixes 13% FAIR Plan Rate Hike
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Construction Safety Reaches Crisis in New York City
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New York Agents Seek to Curb State-backed Workers’ Comp Insurer
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Report Tallies Trade-offs of Adding Wind to Federal Flood Insurance
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N.H.’s Sevigny Gets Nod
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Eight Lawsuits Filed Over Failed Vermont Heating System
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Inexpensive Roof Vent Could Prevent Wind Damage
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Auto Reform Causes Major Upheaval for Mass. Agents’ Key Vendor
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Greenberg’s Starr Foundation Sues AIG Over Credit Losses
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People
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It Figures
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Maine Mom Loses Sex-bias Claim
Midwest Articles from May 19, 2008
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Trucking Under the Influence
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Twisters Hit Record High Early in Season in Midwest
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Declarations
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South Dakota High Court Says Auto Insurance Covers Gun Accident
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Tornadoes Kill 15 in Southwestern Missouri; Governor Calls in National Guard
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Ohio Employers Ask for Another Review of Workers’ Comp Rates
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Survey: Small Business Customers Depend on Agents’ Expertise
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Defense Base Act: Doing Business Outside the Box
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It Figures
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One Year after Tornado, Greensburg Still Struggling to Survive
Southeast Articles from May 19, 2008
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NAIC: Pack Your Bags!
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Alabama Opens Coastal Home Insurance Market to Captive Insurers
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Florida Workers’ Compensation Reforms Lowered Costs for a Year
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Tennessee Set to Require Review of Medical Lawsuits
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Florida Limits Public Adjusters’ Fees
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Employers Should Spell Out Telecommuting Policy to Control Exposure
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Florida’s Adding to Citizens’ Risk Worries CFO Sink
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People
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Alabama Raises Required Auto Liability Limits for First Time Since 1983
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It Figures
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Report Tallies Trade-offs of Adding Wind to Federal Flood Insurance
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Alabama Students Hope Balloons Lead to Improved Tornado Warnings
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Florida Insureds of Bankrupt Poe Seek Filing Deadline Extension
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Business Moves
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Declarations
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Insurers Market Private Workers’ Comp for U.S. Defense Projects
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Report on Fatal S.C. Sofa Store Fire Cites Lack of Water
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Tennessee Eyes Ban on Suits if Flood Warnings Ignored
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Florida Weighs Reinsurance Collateral Rule Change
South Articles from May 19, 2008
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Business Moves
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Weed, Whites, and Wine
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Construction Accidents Prompt OSHA Review
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It Figures
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Trucking Under the Influence
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Allstate to Begin Homeowners Rate Reductions, Refunds in Texas
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Defense Base Act: Business Outside the Box
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Damages Mount – again – In Storm-battered South Central States
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South Central Workers’ Comp Markets Show Signs of Improvement
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Plan Ahead to Help Reduce Telecommuting Workers’ Comp Exposure
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Oklahoma Governor Vetoes Lawsuit Reform Bill
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Declarations
West Articles from May 19, 2008
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Strategies To Reduce Workplace Risks Same in Soft Market
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It Figures
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Experts Say Potential for Arizona Wildfires Extreme
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Insurance Industry Celebrates Women’s Achievements
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Survey: Small Businesses Don’t Understand Dollars Spent on Workers’ Comp
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California Forecasts Stability in Workers’ Comp Insurance Market
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Trucking Under the Influence
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Declarations
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Insurers Boost California Economy by $27.3 Billion
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NAIC: Pack Your Bags!
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Insurers Expected to Halt New Business in Nevada as Temblors Continue
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Planning Ahead Can Help Reduce Telecommuting Workers’ Comp Exposures
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Montana State Fund Says Workers’ Comp Rates to Drop Next Year
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Survey: Small Business Customers Depend on Agents’ Expertise
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Colorado Bill Gives Regulator Authority to Demand Insurance Compensation
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Defense Base Act: Doing Business Outside the Box
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Fraud Roundup
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National Association of Insurance Women Formed From Need for Education
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California Discussing Sale of State Workers’ Compensation Insurer
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Nationwide Insurance Cuts 204 Jobs in Oregon
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Suhr Risk Services: Driven to Excel
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Nevada Insurance Regulator to Retire
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Innovation Necessary for Insurance Industry
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People
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California May Boost Payouts to Workers Injured on the Job
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Colorado Bill Would Boost Penalties for Poor Insurance Carrier Conduct
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Business Moves
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State Farm Files Request for California Rate Increase
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