| 1. | S&P Lowers State Auto Group’s Operating Company Ratings to ‘BBB+’
Nov 10, 2011 -- Standard & Poor's Ratings Services has lowered its counterparty credit and financial strength ratings on the operating insurance companies of State Auto Group to 'BBB+' from 'A-'. S&P also lowered its counterparty credit rating on State Auto ... |
| 2. | Supreme Court to Hear Healthcare Law in March
Nov 14, 2011 -- The Supreme Court agreed Monday to decide the fate of President Barack Obama's healthcare law, with an election-year ruling due by July on the U.S. healthcare system's biggest overhaul in nearly 50 years. The decision had been widely expected since ... |
| 3. | Banks Having to Defend Credit Card Insurance
Nov 16, 2011 -- When Mariya Kruseck broke her tailbone snowboarding and lost her part-time job five years ago, the then 19-year-old college student was relieved she had bought payment protection to go with her credit card. But she said the product failed to kick in ... |
| 4. | President Obama Insured Against Attack While in Australia
Nov 17, 2011 -- This coverage isn't the U.S. health care law. When President Barack Obama visits Australia's Northern Territory today, he will be presented with insurance coverage against attack — crocodile attack. The territory's chief minister, Paul Henderson, ... |
| 5. | Property Catastrophe Market to See Price Hikes: Lockton
Nov 17, 2011 -- Large catastrophe losses and the prospect of poor investment returns are paving the way for much tougher market conditions for commercial property insurance buyers, according to a new report The new report — the Lockton Market Update — provides ... |
| 6. | NYC Health Club Member Sues Over Breakfast Promise
Nov 16, 2011 -- A lawyer says there's no such thing as the free breakfast promised by a high-end New York City health club, and he says he should get more than $200,000 for the missing meals. Richard Katz says in a fraud suit made public Wednesday that the Setai ... |
| 7. | Hybrid Cars Protect Passengers Better, But Cause More Pedestrian Crashes
Nov 18, 2011 -- Hybrid cars, heavier than conventional non-hybrid cars of similar models, have a safety edge when protecting their occupants from crash injuries, a new study found. But because hybrids are also quieter, they are more likely to get into crashes with ... |
| 8. | Soft Market Has Hit Bottom for Commercial Lines, New RIMS Survey Says
Nov 16, 2011 -- Risk and Insurance Management Society's latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This "strongly suggests" that an eight-year period of falling commercial insurance rates is at its ... |
| 9. | Michigan Motorcyclist Loses Accident Claim Due to Imprecise Location
Nov 14, 2011 -- There is no dispute that a motorcyclist suffered leg and ankle injuries that required surgery. But Kevin Agee's lawsuit against the state has been dismissed because he wasn't precise about the location of his crash. Agee went airborne in October ... |
| 10. | Flood Insurance Program Extended Until Dec. 16
Nov 17, 2011 -- Congress has approved yet another resolution to fund parts of the federal government including the nation's flood insurance program on a short-term basis. This time the funding runs until Dec. 16. The Senate passed the short-term funding bill on ... |
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