Today's Headlines National The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate ... Carlyle Group LP, a giant private equity firm that has filed for an initial public offering, has dropped a controversial effort to require ... Global insurance broker and risk management firm Aon Corp. reported that net income rose 19 percent in the fourth quarter 2011 to $277 ... Ironshore Inc. has announced that its Specialty Casualty unit will provide casualty coverages for Cochrane and Company's new Ammunition and ... Nationwide Insurance has extended its ID theft insurance coverage by providing help with protecting personal information on home computers. ... If there's one lasting cultural change Mine Safety and Health Administration Director Joe Main wants to make in both the federal agency and ... A U.S. law protecting whistleblowers at publicly traded companies does not cover employees of mutual funds, a federal appeals court ruled ... Goldman Sachs Group Inc. was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about ... Aon has expanded availability to new states for its Aon Rent Protect product that reimburses landlords for lost income when tenants default ... A new report from Marsh anticipates deteriorating market conditions for financial institutions in 2012. Rate decreases in many lines of...  East New Hampshire insurance officials are announcing a $17 million settlement reached by seven states and Prudential Insurance over the ... New York's attorney general on Friday, Feb. 3, accused some of the nation's largest banks of deceit and fraud in using an electronic ... Three insurance companies have sued Academy Award-winning actress Marisa Tomei in a New York court last week, seeking $128,755 in damages. ... Maryland-based Avon-Dixon Agency appointed industry veteran Donna Sposa as chief operating officer and vice president. Sposa has an ... The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. ...  Midwest A series of crashes into storefronts in an Indiana community has left a trail of property damage, but the drivers responsible are likely ... Missouri's State Emergency Management Agency has rejected funding for individual storm shelters, but SEMA says it will earmark $20 million ... Illinois-based State Farm Insurance said it will hire 3,000 people across the U.S. and Canada, filling many positions left empty during the ... Minnesota food company said it is recalling more than a million hard-cooked eggs distributed to 34 states after testing revealed some may ...  Southeast Agents from the U.S. Drug Enforcement Administration raided two CVS pharmacies in Florida as part of an effort to curb the abuse of ... Powell Brown, president and chief executive officer for global insurance agency Brown & Brown, has taken a temporary leave of absence ... Legislation designed to help state-backed Citizens Property Insurance Co. spin off customers to reduce its hurricane risk cleared the ... Florida lawmakers are heading to a showdown over the state's no-fault automobile insurance law with state Senate lawmakers seeking to ... Mississippi Insurance Commissioner Mike Chaney said he is working with legislators on a bill that would require insurers to offer discounts ... South Central Two U.S. senators have filed a bill to clarify that agent compensation should be excluded from the federal health reform Medical Loss Ratio ... Under legislation by state Rep. Pat Ownbey, physicians could not prescribe a controlled substance without first using the Oklahoma Bureau ... Daniel Newton has joined AmWINS Brokerage of Texas as an assistant vice president and a marketing manager in the company's Houston ... West Mercury General Corp. announced on Monday that net premiums written were $618.6 million in the fourth quarter of 2011, a 0.2 percent ... A Portland jury is reconsidering a $100 million damage award against Philip Morris in a suit over low-tar cigarettes that goes back more ... Inspectors are waiting for the 105 degree temperature inside a nuclear reactor to drop enough to make it safe for workers and equipment to ... Scientists say a minor earthquake has shaken the Utah Valley, but apparently causing no injuries or property damage. The University of Utah ... Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned on Friday at a U.S. bankruptcy court near Los Angeles, with three competing ... International In 2011, the mining insurance market was not only hit by $2.7 billion in natural catastrophe losses, but over 60 operational losses ... China has tightened the qualifying criteria for firms wanting to audit listed companies, to protect investor interests, according to new ... Global specialty insurer Torus has appointed Gilles Rousseau as Senior Underwriter, General Property. He is based in Paris and has more ... A.M. Best Co. has upgraded the financial strength rating (FSR) to 'A' (Excellent) from 'A-' (Excellent) and issuer credit rating (ICR) to ... All Lloyds TSB silver, gold, platinum and premier customers will be automatically covered for disruptions to their travel as part of the ... Chairman and CEO Ed Noonan commented: "Insured losses arising from natural catastrophes and man-made disasters were approximately...  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