INSURANCE Today for Tuesday January 06th, 2009

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  2009    Jan  

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Fouturejeans
Shopping and Fashion, Shopping and Fashion

Holiday business on Aspen's slopes down 8 percent
ASPEN The Aspen Skiing Co sold fewer lift tickets during the holidays than last season, but a top official said it could have been worse without help from the weather (more)
Family Postcards: 4 Classic U.S. City Sights
Where to take the family to see the best of Philadelphia's history, San Francisco's street cars, Boston's perfect park, and New Orleans' French Quarter (more)
Clear Choice Health Plans acquires Trusteed Plans Service
Clear Choice Health Plans has acquired Trusteed Plans Service Corporation, a third party administrator of employee benefits plans that operates in the six western states of Alaska, Washington, Oregon, Nevada, Idaho and Montana Terms of the transacti (more)
Everyday life in Israel
Dear Editor: Regarding Sue Gray's letter ('Defending their honor,' Jan 1) (more)
Aon, Euler Hermes Launch Insurance Credit Service for SME's
A bulletin from Aon's London office notes that 'with insolvencies set to increase in 2009, some 20 percent more of SMEs have turned to credit insurance this year to protect their balance sheet (more)
Top Health Insurance Quote Company Celebrates Its 5 Year Anniversary
Building off the past experiences of their first five years in the health insurance industry, TheHealthQuote is determined to move forward and continue to provide the best information and knowledge regarding the healthcare industry (more)
Addison Gardner: Always Right
With the elevation of Barack Obama to the White House, we have successfully centrifuged enough beefcake uranium to reach critical mass and transform the press corps into Malibu Waikiki paparazzi (more)
Illinois Prison Inmate's Family Wins $13 Million Settlement
An Illinois prison inmate who killed his cellmate after apparently warning guards three times that's what he planned to do must pay the dead inmate's mother $13 million A federal judge in (more)
Four in Florida Charged in $1 Billion Viatical 'Ponzi' Scheme
Four Mutual sales agents with Mutual Benefits Corp , a viatical and life settlement company, for their alleged involvement in a scheme that officials say raised more than $1 25 billion from more (more)
Catch a Tidal Wave: 'Tis the Season for Super Family Cruise Deals
Just like the suffering retail sector, the cruise industry is facing a significant supply surplus If you've been thinking of taking your kids on a cruise, this is a fabulous time to go for it (more)
Stewart National Title Services names new SVP of national business developm
Stewart National Title Services, a division of Stewart Title Guaranty Company, has added Allan Wasserman as its new senior vice president of national business development, in San Diego, California (more)
HCC Acquires Massachusetts-Based Lumber Underwriter, VMGU Insurance
Houston based specialty insurer HCC Insurance Holdings, Inc has acquired VMGU Insurance Agency, an underwriter of the lumber, building materials, forest products and woodworking industries (more)
Aspen skier Bobby Moyer to represent U.S. in Italy
ASPEN The accolades keep coming for Aspen Valley Ski and Snowboard Club alpine skiing standout Bobby Moyer (more)
Bond violation first criminal case of '09 in Pitkin County
ASPEN An alleged bond violation landed a 21 year old man in jail Monday afternoon about an hour before he was to be sentenced in a domestic violence case (more)
Family of Utah Mine Collapse Victim Awarded Money
A coal company has been ordered to pay full benefits to the family of one of the six miners killed in the 2007 collapse of the Crandall Canyon mine An administrative judge for the Utah Labor (more)
Frommer's Smart Deal of the Week: Greek Islands in the Spring from $1,299
Gate 1 makes getting to know Greece easier with a trip that involves Athens and a three day cruise on the Aegean Sea, including stops on the islands of Mykonos, Rhodes, and Patmos (more)
More rooms, not many more cars
Dear Editor: I just saw a letter published in both newspapers from my old friend John McBride (Dec 30) (more)
Conservation groups threaten suit over oil shale
DENVER Environmental groups have threatened to sue the federal government to block plans for commercial oil shale development on nearly 2 million acres of public land in Colorado, Utah and Wyoming (more)
Florida Task Force Set to Vote on Citizens Insurance Reforms Today
An 11 member task force charged with making recommendations on how to depopulate Florida's high risk property insurer and return it to its original purpose as a market of last resort is voting (more)
Fire Fatalities Confirmed at North Texas Homeless Shelter
Fire ripped through a small town homeless shelter in the Northeast Texas town of Paris early in the morning of Jan 5, killing multiple people and forcing dozens to be relocated, the town's fire (more)
Aspen's economy in the tank? Not according to the flushes
ASPEN The nationwide economy may be in the tank, but Aspen was flush with holiday visitors, according to one indisputable indicator the resort's sewage output (more)
Voltage Security: Voltage Security Provides RLI With Rapid Solution to Secu
PALO ALTO, CA (MARKET WIRE) Voltage Security, a global leader in information encryption, today announced that RLI, a leading specialty insurance company, will use breakthrough security technology from Voltage to protect critical customer information (more)
Aspen, contractor at odds over Burlingame
ASPEN The city of Aspen is withholding more than $1 million in payment to Shaw Builders for unresolved issues relating to the construction of the Burlingame Ranch affordable housing project (more)
Pick up or pay up
Dear Editor: Please do not let Smuggler go to the dogs! The amount of dog waste up there is embarrassing to say the least (more)
What's New: An Online Update for Frommer's Tahiti & French Polynesia
Exchange rates make this South Pacific escape less expensive for U S travelers, local authorities seek to make island marriages less cumbersome, and more news from paradise (more)
Pasadena: How to Escape the Big City Without Going Far
Pasadena's a cultural and architectural heaven, with the at least two world class museums, a marvelous and walkable downtown, and proximity to LA without being in LA (more)
Two South Dakota Fire Departments Receive $240,000 in FEMA Grants
The Federal Emergency Management Agency has awarded a total of more than $240,000 to two South Dakota fire departments The McIntosh Volunteer Fire Department gets most of the money, over (more)
The end of an era
Dear Editor: For decades, Jim Blanning infected many Aspen residents with an annoying sense of guilt, while others simply found him a nuisance (more)
$2.5M Settlement Reached in Vermont Fatal Accident
A settlement has been reached in a fatal crash in Westmore that killed two teenagers five years ago and pitted the parents of the driver and the teens against each other The settlement amount (more)
FDIC signs letter of intent to sell IndyMac Federal
The Federal Deposit Insurance Corporation has signed a letter of intent to sell the banking operations of IndyMac Federal Bank to a thrift holding company controlled by IMB Management Holdings, a limited partnership (more)
5 Mexican Winter Deals for the Whole Family
Winter may be the peak season for travel to Mexico, but with school back in session and the holiday season over, prices are already lower than they were just last month (more)
Two Major Insurance Recovery Law Firms Merge
National insurance recovery law firm Anderson Kill & Olick, P C continues to grow its national practice through its merger with Wood & Bender LLP     Based in southern California, Wood & (more)
More snow on way in Aspen
ASPEN Aspen area ski slopes boasted a light layer of fluff Tuesday morning and another 10 inches or so could fall as a second disturbance moves through Colorado on Tuesday (more)
AIG names new president and CEO for environmental unit
American International Group has named Russell Johnston as the new president and CEO of AIG Environmental, a unit of AIG Commercial Insurance and a provider of pollution liability insurance (more)
Burris denied seat in U.S. Senate
WASHINGTON Roland Burris tried to take President elect Barack Obama's Illinois Senate seat Tuesday but failed in a scripted piece of political theater staged just before the opening of the 111th Congress (more)
The movie listings: Aspen to Glenwood
Here's what's showing, and when, at movie theaters from Aspen to Glenwood Springs (more)
Allstate To Raise California Homeowners' Insurance Rates 6.9%
The California Department of Insurance has approved Allstate Insurance's request to raise its homeowners multi peril insurance rates 6 9 percent For information, visit (more)
Abacus Insurance Brokers: Abacus Insurance Brokers Offers First-Ever Online
LOS ANGELES, CA (MARKET WIRE) Abacus Insurance Brokers, Inc , a Los Angeles based program manager that distributes specialty insurance products online through www abacus net, has enhanced its portfolio of production programs to include stunt coverag (more)
Spending Rise for Health Care and Prescription Drugs Slows
National health spending grew in 2007 at the lowest rate in nine years, mainly because prescription drug spending increased at the slowest pace since 1963 (more)
H & R Block: H&R Block to Host Investment Community Conference on Jan. 13
KANSAS CITY, MO (MARKET WIRE) H&R Block Inc (NYSE: HRB) will host its Investment Community Conference in New York City on Tuesday, Jan 13, 2009 H&R Block's senior leaders will outline the company's growth strategies and outlook (more)
Williams Promoted to Commercial Underwriter at First Premium
Covington, La based First Premium Insurance Group Inc , a growing regional property and casualty insurance broker and certified managing general agent, has promoted Kellie Williams to commercial (more)
What's New: An Online Update for Frommer's Florida
More and more hotels across the state open for business or undergo big renovations, while new restaurants and attractions give even recent visitors a reason to return (more)
Panel: Feds should help Colorado ID illegal immigrants
DENVER A panel looking for ways to catch illegal immigrants who commit serious crimes in Colorado says the federal government should open its fingerprint records to state authorities (more)
Chartwell Independent Insurance Brokers: Chartwell Introduces Commercial St
LOS ANGELES, CA (MARKET WIRE) Chartwell Independent Insurance Brokers LLC, a leading wholesale and specialty insurance broker focusing on high risk, hard to place coverage, announced the launch of its Commercial Storage Insurance (CSI) Program This (more)
Robertson Taylor Adds Music/ Entertainment Insurance Specialist
U K based Robertson Taylor, the specialist global music and entertainment subsidiary of Lloyd's insurance broker Oxygen, has expanded its Fine Arts Division with the appointment of Victoria (more)
AIG Commercial to streamline public sector insurance coverage through Lexin
AIG Commercial Insurance has announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit (more)
Connecticut Levies $5.9M Fine for Hole-in-One Prizes
Connecticut officials have levied a $5 9 million fine against a man who runs businesses paying for hole in one prizes on behalf of clients The state Insurance Department says Kevin Kolenda's (more)
Casey Puckett fourth at World Cup opener for skiercross
St JOHANN, Austria Casey Puckett of Old Snowmass put his bothersome back and knee out of his head and charged down a dicey course to finish fourth in Monday's season opening World Cup skiercross in St Johann, Austria (more)
Carolina Contractors Endorse Swett & Crawford Stucco Insurance
Wholesale insurance broker Swett & Crawford has won the endorsement of the Carolina Lathing & Plastering Contractors Association for its insurance program designed especially to cover the risks (more)
RRSP or TFSA?
InsureCan has just released a TFSA vs RRSP calculator It compares and contrasts two scenarios; if you make an annual deposit (plus refund) into an RRSP, or if you make a partial deposit into an RRSP with the remainder going into a TFSA This current (more)
Study: California Earthquake Would Accelerate US Mortgage Meltdown
In light of current economic conditions, a major catastrophe such as an earthquake in California would bring new misery to both U S and international financiers, according to an analysis released (more)
New York City Cabs Could Get Cameras in Accident-Curbing Plan
New York City plans to install digital cameras on the outside of cabs in an effort to detect reckless driving and deter auto accidents But a taxi drivers' advocacy group says the technology would (more)
Blanning eyed final land deal
ASPEN Jim Blanning was wheeling and dealing in mining claims in Pitkin County almost to the day he died, according to a search of public records by The Aspen Times (more)
FRSGlobal: FRSGlobal Announces Immediate Availability of Validation and Aud
NEW YORK, NY (MARKET WIRE) FRSGlobal, the only global provider of risk and regulatory compliance solutions with coverage for over 30 countries, today announced that it has released a validation and audit platform for the advanced approach to Basel I (more)
Fireman's Fund Insures Payment Card Security Breach for Retail Stores
Fireman's Fund Insurance Co is introducing the first coverage for retailers that experience a breach of their payment card security system According to the insurer, a single breach of a (more)
North Carolina Commissioner Goodwin's in Select Community
It's a select community Only 11 state insurance commissioners across the country are elected rather than appointed Wayne Goodwin is now one of the 11 He won the Nov 4 election to succeed Jim (more)
Aspen to get double dose of funk
ASPEN Aspen Funk fans, it's time to get your groove on in a big way and receive a living lesson in funk history (more)
Fairfax Financial Holdings Limited: Fairfax Declares Annual Dividend
TORONTO, ONTARIO (MARKET WIRE) Fairfax Financial Holdings Limited (TSX: FFH)(NYSE: FFH) announces that it has declared a dividend of US$8 00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 27, 2009 to s (more)
Council on Litigation Management: Council on Litigation Management Gets Ins
NEW YORK, NY (MARKET WIRE) Insurance claims professionals, insureds and outside defense lawyers have often worked at cross purposes, making for inefficiency and less than optimal results But change has been afoot since the Council on Litigation Ma (more)
Investigator says Denver plane's fuel talk ruptured
DENVER A National Transportation Safety Board investigator says the fuel tank of a plane that crashed at Denver's airport ruptured and spilled fuel onto an engine where it ignited once the jet stopped (more)
Marsh Settles Insurance Bid-Rigging Charges with 9 States for $7 Million
Nine states have reached a $7 million settlement with New York based insurance broker Marsh, Inc , Marsh & McLennan Companies, Inc , resolving a four year investigation into Marsh's role in a (more)
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