Top 10 for the Past Week | 1. | Chubb Sues Actress Marisa Tomei Over $129K Damage in NYC Apartment
Feb 6, 2012 -- Three insurance companies have sued Academy Award-winning actress Marisa Tomei in a New York court last week, seeking $128,755 in damages. Pacific Indemnity Company, Federal Insurance Company and Vigilant Insurance Company -- all members of Chubb ... | | 2. | Have Insurers Lost the Capacity to Run an Underwriting Profit?
Feb 9, 2012 -- We frequently hear people ask, "When is the next hard market going to come?" And by that they typically mean double-digit increases in premium growth for a sustained period of time. Of course, no one knows. But perhaps more importantly, we think ... | | 3. | P/C Insurers’ Combined Ratio for 2011 Estimated at 107.5%
Feb 6, 2012 -- The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked havoc. Insurers were affected by an ... | | 4. | State Farm Plans to Hire 3,000 Employees
Feb 6, 2012 -- 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 recession, and add 900 agents. The news follows an announcement by Chrysler that it will add almost 2,000 ... | | 5. | Allstate Readies Homeowners Product for More States
Feb 7, 2012 -- Look for Allstate to roll out a new homeowners product in phases to additional states through 2014. The insurer launched its new homeowners product, House & Home, in Oklahoma in October 2011. It offered new discounts and more coverage and ... | | 6. | NYC Judge Throws Out Beer Pong Lawsuit
Feb 8, 2012 -- A judge has thrown out a New Jersey man's lawsuit against a Greenwich Village pub over injuries he suffered following a beer pong game. The judge found Alan Berger voluntarily signed up for the beer-drinking game and couldn't sue Wicked Willy. The ... | | 7. | Has Pet Insurance Become a Necessity?
Feb 9, 2012 -- After Nicole Bodzon, 28, a consultant in Conifer, Colorado, paid $1,600 for her pug, Pepe, to have a possibly cancerous tumor removed from his eye, she thought she might benefit from an insurance policy. But it took her a while to figure out how to ... | | 8. | AIG Reviewing Succession as Chairman Takes New Job
Feb 7, 2012 -- Bailed-out insurer American International Group will review its succession plans after its chairman accepted a job as the chief executive of an airplane maker, the company said on Tuesday. AIG CEO Bob Benmosche has been in treatment for cancer since ... | | 9. | Out-of-Trust C.M. Meiers Brokerage in California Fetches $1.375 Million at Auction
Feb 3, 2012 -- 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 bidders pushing the sales price to $1.375 million for the troubled brokerage's assets and assumption of its ... | | 10. | California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 7, 2012 -- A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to the tune of thousands of ... | Popular Videos | |
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