Insurance Journal
June 16, 2008 Issue
National Articles from June 16, 2008
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Building Commercial Construction Business in a Soft Market
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Why the Nice Man Fired His Insurance Agent
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New Markets
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Brokerage Stocks Down; M&A Activity Continues at Strong Pace but Slower Than 2007
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S&P: U.S. Insurers Sitting with Excess Capital Face Rocky Road
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Exclusive Survey, Part 1: Strengths and Weaknesses – What Agents Think of Regional and National P/C Insurers
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Corporate Profiles
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Good Time to Lock in Property Insurance Pricing, Advise Brokers
East Articles from June 16, 2008
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It Figures
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Pennsylvania Debates Contractor Misclassifications
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‘Self-Certified’ New York City Building Plans Rife With Violations
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Hurricane Forecasts Have Limited Value
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Extended Family
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Conn. Supreme Court Rules ‘High-Low’ Pacts Must Be Revealed
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States Allow Aon Brokers to Phase-Out Contingents
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New Jersey Mayor Pleads Guilty in Insurance Bribe Scheme
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Business Moves
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Vermont Governor Signs Captive Insurance Law Changes
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People
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Push on for National Safety Standards for Cranes
Midwest Articles from June 16, 2008
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State Regulators Consider Centralizing Market Conduct Reporting
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Insurance Agency Joins Missouri Auto Dealer
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Chicago Cops Charged in Insurance Scam
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Death Toll Stands at 10 in Aftermath of Midwest Tornadoes, Flooding
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It Figures
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Tipped Battery Cart Led to Death of Minnesota Hospital Worker
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Insurers Blast Regulators as Closed to Open Dialogue
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Wisconsin Court: Passenger Not Liable for Damages in Crash
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Declarations
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State Regulators: Credit Scoring Use Needs More Study
Southeast Articles from June 16, 2008
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Florida’s McCarty Brings Anti-Credit Scoring Case to Congress
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It Figures
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Court Denies Retroactvity for Florida Asbestos
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Unmanned Planes Could Change Forecasting
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New Score Rates Insurers’ Hurricane Risk Assessment
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People
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Florida Extends State Insurer’s Rate Freeze for Another Year
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Hurricane Forecasts Have Limited Value for Planners, Insurers
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Former Mississippi Risk Consultant to Repay $380K
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Business Moves
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Why Regional Insurers Rate
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Declarations
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North Carolina Wildfire Could Burn for Months
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It’s Official: Conference Nixed at West Virginia’s Greenbrier
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Alabama Insurance Agent in Runoff for Congressional Seat
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Federal Judge: Mississippi AG Hood Conspired with Scruggs
South Articles from June 16, 2008
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Special Protection
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Cost of Claims From Hailstorms in Oklahoma Could Top $20M
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Drive for Diversity
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Texas Appeals Panel Affirms Wind Pool’s Right to Day in Court
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State Regulators: Credit Scoring Use Needs More Study
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Auto Insurers Seek to Attract Latinos
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Texas Begins Test of Driver Verification Program
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Insurance Companies Face Global Warming Claims
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Hurricane Forecasts Have Limited Value
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Why Regional Insurers Rate
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Weather Is a Big Deal in South Central States
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Declarations
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It Figures
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Insurer Must Pay New Orleans Grocer $21M for Katrina Damage
West Articles from June 16, 2008
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State Regulators Call for More Study of Credit Scoring Use in Insurance
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Special Protection
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Oregon Amends Licensing Examination Fee Rules
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California Report Details How to Reduce Fraudulent Claims
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People
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California Appeals Court Upholds Cap on Workers’ Comp Treatments
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Business Moves
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Train Derailment Highlights Need for Safety Measures
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States Allow Firms Purchased by Aon to Phase-Out Contingent Commissions
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Arizona Law Expands Fine for Worker Deaths
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Contractors Should Consider How They Build Their Workforce
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Wyoming Court: Use Only Worker’s Income in Figuring Comp Benefits
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California Regulator Says Insurance Needs Local Regulation, More Modernization
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Workers’ Comp Insurance Deserves Extra Caution in Construction Market
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Premium Financing Compensation Disclosures: Are You in Compliance?
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California Launches Workers’ Comp Enforcement Program
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Why Regional Insurers Rate
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