INSURANCE Today for Friday January 23rd, 2009

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Teaching Careers Today
Teachers, Teachers News Blogs and Articles

Winter X: music in town vs. the games
ASPEN Two nights of free, live music in downtown Aspen this weekend up from one free concert a year ago will vie for attention with the Winter X Games action at Buttermilk (more)
Hannover Rück: Hannover Re to acquire ING individual life reinsurance
HANNOVER, GERMANY (MARKET WIRE) Hannover Re announced today an agreement to acquire certain US Individual Life Reinsurance Business ('ING Business') previously reinsured from ING by affiliates of Scottish Re Group Limited ('Scottish Re') in (more)
Obituaries: Lloyd Oscar Yorker
Lloyd Oscar Yorker, 85, of Denver, passed away Thursday, Dec 18, 2008 Mr Yorker was born in Denver in 1923, the son of Alice Clark and Oscar Bowen Yorker (more)
Video: Travelers Explore President Obama's Roots
Travel expert Pauline Frommer visits CNN to talk about the business of travel based on a president's roots (more)
Venue change sought in Welgos heroin case
ASPEN A plea deal in the case against alleged heroin dealer Ryan Welgos of Aspen appeared to be on shaky ground Thursday, after it was disclosed the prosecution wants to change the venue (more)
Blaze at Western New York Farm Causes $2M in Damage
Authorities are investigating the cause of a fire that destroyed two barns at a western New York farm, causing about $2 million in damage The fire broke out about 3 a m Monday at McCormick (more)
Lawmakers Press Treasury Nominee to Boost Federal Oversight of Insurance
Seven U S lawmakers Friday urged Treasury Secretary nominee Timothy Geithner to boost federal oversight of insurance companies, a long held goal of much although not all of the insurance (more)
North Carolina Urged to Reduce Beach Plan Coverage, Cap Insurers' Liability
North Carolina's state sanctioned property insurance program at the coast should reduce its maximum property policy coverage to relieve its potential liability in a massive hurricane, a (more)
Texas Windstorm Insurer: Repairs Must Follow Wind Code Rules
The Texas Windstorm Insurance Association is instructing agents who have clients with residential dwellings insured under the TWIA waiver program that all repairs must be done to the current (more)
Something smells bad in Carbondale
CARBONDALE A neighbor of the Carbondale waste water treatment plant says he might be driven out of his house by the stink from the plant, and that his children have been unable to play outside on some days for the same reason (more)
InsWeb: InsWeb Reports Fourth Quarter and Fiscal 2008 Results
SACRAMENTO, CA (MARKET WIRE) InsWeb Corp (NASDAQ: INSW), a leading online insurance marketplace, today announced results for the fourth quarter and year ended December 31, 2008 (more)
Aflac Lays A Goose Egg
Aflac's well advertised claims to be a reliable provider of supplemental insurance is shaping up as bit of a canard: the company's shares lost more than a third of their value on Thursday on concerns that it was exposed to risky securities issued by (more)
On the Hill: Hard-headed
ASPEN As a reporter covering City Hall, I've heard Mayor Mick Ireland's lecture about the importance of wearing a helmet more than once In the summer, he gives me the same speech when he sees me cruising around town on my bike (more)
Insuring Your Home For the New Year
For many of us, a new year brings the opportunity to make resolutions and look forward to a fresh start But whilst many promises will no doubt revolve around food, cigarettes or more frequent visits to the gym, the current economic climate could lea (more)
Naked truth in advertising
Dear Editor: (more)
Frommers.com Airfare Deals and News for the Week of January 23, 2009
A today only deal from Frontier and discounts from Delta to destinations across the U S , bargains to San Juan and Hong Kong, and an surprising summer sale to Europe from US Airways (more)
Travel insurance help needed, please!
I'd like some recommendations for travel insurance (online or otherwise easy to get) for an exchange student travelling from Germany to China I'm covered under many different health insurance plans, but none will cover me travelling from Germany to (more)
MainSource Bank: MainSource Bank Expands Its Presence in Kentucky
GREENSBURG, IN (MARKET WIRE) (NASDAQ: MSFG) Daryl R Tressler, Chairman, President and Chief Executive Officer of MainSource Bank, today announced that MainSource Bank will expand its presence in Kentucky with the purchase of three branch locatio (more)
Auto Insurance Cuts
Cutting back on expenses during an economic downturn is something most people have had to do, but not everyone is making the smartest choices when it comes to cutting costs (more)
Used vehicle activity could be good news for car insurance customers
Brits considering trading in their current vehicle for a used model so they qualify for cheap car insurance may find now is a good time to buy, if a recent report is anything to go by According to EurotaxGlass's, there has been a "dramatic rise" in t (more)
Roger Marolt: Roger this
The wind was calm, the sky nothing but blue It was warm enough to be comfortable in a light spring jacket (more)
Top Deals to the Most Popular Destinations
The bad news: The economy shows few signs of improvement The good news: Our world is still as interesting and entertaining as ever To strike a happy medium between saving and traveling, book one of these nine great deals to New York City, Rome, Par (more)
An extreme waste
Dear Editor: (more)
Idaho City Approves New Law for Vicious Dogs
The American Falls, Idaho, City Council is cracking down on the owners of dogs that attack humans or other animals inside city limits The council approved a new ordinance that gives police (more)
North Dakota Revokes Agent's License Over False Jewelry Claim
North Dakota Insurance Commissioner Adam Hamm recently revoked the insurance license of Crystal Gayle Just, a Bismarck insurance agent who officials said confessed to filing a false police report (more)
NAS Insurance Services Appoints Palotay Assistant VP
Encino, Calif based NAS Insurance Services has named Michael Palotay assistant vice president and manager of errors and omissions and the technology liability department Palotay brings (more)
Frommer's 5 Deals: Bermuda, Russia, Honduras, Philly, and India
Multi stop trips through Russia and India, a quick getaway to the city of brotherly love, plus three more special offers to destination around the world (more)
Texas Mutual Gains Legal Ground in Oklahoma, Tennessee Cases
Texas Mutual Insurance Company reported it has secured legal victories in two workers' compensation cases that originated in Oklahoma and Tennessee In a statement released by the company, (more)
Police session could benefit car insurance holders
Car insurance customers in West Yorkshire may be well advised to take advantage of a scheme being run by police in the area Officers in Shipley are bringing back a registration plate security initiative next week to help protect motorists from vehicl (more)
GEICO Lowers Georgia Auto Rates
GEICO reports that it is reducing auto insurance rates in Georgia by 2 3 percent on average The rating plan is already in effect for new policies and will be effective Feb 8 for renewal (more)
A simple thank you
Dear Editor: (more)
GEICO Lowers Georgia Auto Rates
GEICO reports that it is reducing auto insurance rates in Georgia by 2 3 percent on average The rating plan is already in effect for new policies and will be effective Feb 8 for renewal (more)
The importance of mentoring
Dear Editor: (more)
Hannover Re Buys ING's Life Portfolio from Scottish Re
Hannover Re is buying a life insurance portfolio of ING Groep from Scottish Re to become the fifth biggest individual life reinsurer in the United States, the company said on Friday While (more)
Home insurance discounts from Churchill
Home insurance discounts from Churchill (more)
Naked truth in advertising
Dear Editor: (more)
Messages of hope
Dear Editor: (more)
Home Insurance Deals
Sometimes it's difficult to work out the best home insurance deals with all the big insurers bombarding us with advertising everywhere we look and every time we turn on the TV The bottom line is insurance is based on risk and the more you can do (more)
Corsa victory may impress car insurance customers
Motorists looking to invest in a used vehicle so they can save money by changing to third party insurance may want to consider a Vauxhall Corsa, after the model came out on top in a recent survey The poll by Road Test Reports to find the number one s (more)
Willis HRH Appoints Leaders for South Central and West Regions
Willis HRH, the North American retail division of Willis Group Holdings, the global insurance broker, has named Mike Phillips as regional growth leader for its South Central Region and David (more)
Paul E. Anna: High Points
'That's a pretty scruffy crowd' said one pretty thing with admiration as she exited a flight from Denver earlier this week (more)
HomeBanc: HomeBanc Seeking to Hire 15-25 New Employees in Mortgage Area in
TAMPA, FL (MARKET WIRE) The number of Tampa Bay companies seeking to aggressively grow and hire new employees probably can be counted on one hand One such company is Tampa based HomeBanc (www homebanc com) and its parent company HomeBancorp, Inc , (more)
Lloyd's Examines Nature, Causes and Impacts of Climate Change
'The string of natural catastrophes that wreaked havoc in 2008, costing the global economy $225 billion and leaving insurers with their second costliest year in history, graphically highlights the (more)
New Mexico Legislature Weighs Insurance Fraud Bills
The New Mexico Legislature is evaluating two insurance fraud bills this session Both SB 117 and SB 118 were introduced by Republican Sen Carroll H Leavell SB 117 would allow courts to (more)
Can Gap insurance beat falling car values?
Gap insurance is becoming popular as car buyers try to hedge against plummeting values But is the little known policy covering depreciation worthwhile? (more)
Advice could help protect cheap car insurance premiums
Motorists who do not want to jeopardise their cheap car insurance premiums by having to make a claim may want to take on board advice from Cobra UK The stolen vehicle tracking firm is encouraging owners to start hiding their car keys It explained thi (more)
Ex-CEO Greenberg Protests AIG Sale of Asian Life 'Crown Jewel'
Former AIG Chief Executive Maurice 'Hank' Greenberg said in a letter Thursday the insurer should halt asset sales until the new administration in Washington can assess what is best for the now (more)
PartnerRe Ltd. Provides Updated Information on January Non-Life Renewals
Bermuda's PartnerRe Ltd announced that during the January 1 renewal season it expects to write and bind approximately $2 1 billion of Non Life premium The life renewals are not included, as they (more)
H & R Block: H&R Block Offers Steps to Finding the Right Tax Professional
KANSAS CITY, MO (MARKET WIRE) The federal tax code has more than one million words, is several thousand pages long, and in 2008 alone, there were 500 changes to the code, or more than one per day* More than ever, Americans need the counsel of trust (more)
GEICO Announces Auto Insurance Rate Decreases for Georgia Drivers
MACON, Ga GEICO has good news for motorists in the Peach State: a new auto insurance rate plan that will save Georgia drivers money The rating plan is already in effect for new policies and will be effective Feb 8 for renewal policies (more)
Employers Holdings Reducing Staff By 14%
Reno, Nev based Employers Holdings Inc , a Nevada based company whose subsidiaries are specialty providers of workers' compensation insurance focused on small and medium sized businesses, (more)
Like many arts nonprofits, Theatre Aspen trims back
ASPEN Auditions held recently for Theatre Aspen's upcoming summer season drew a light turnout, surprising the nonprofit organization's artistic director, Paige Price (more)
Kingsway Comments On Best's Actions; Simpson Named COO
Toronto based Kingsway Financial Services Inc has responded to the various rating actions taken by A M Best (see related article) The Company acknowledged that Best has affirmed the financial (more)
Campaign success 'good news for motor insurance holders'
The fact 9,000 drink drivers were caught over the Christmas period is good news for car insurance customers keen to avoid a claim, it has been suggested According to the Institute of Advanced Motorists (IAM), this means the roads are now safer for la (more)
Size of El Jebel project catches board's attention
BASALT A midvalley planning commission had trouble Thursday swallowing the size of a proposed development for 319 residences and 95,000 square feet of commercial space in El Jebel (more)
Old Aspen loses one of its pillars
ASPEN Peggy Rowland, one of Aspen's last remaining ties to the mining heyday and revered for her pleasant nature, passed away Tuesday (more)
Hale Awarded Scholarship from Louisiana Workers' Comp Insurer
The Louisiana Workers' Compensation Corporation (LWCC) announced that Kevin Paul Hale of Baton Rouge, La , has been selected as the 2008 recipient of the Stephen W Cavanaugh Scholarship LWCC (more)
Tanks at my House! What does that do to our insurance coverage?
How can I protect my home from my (somewhat) risky home business? We have homeowners insurance but what else do I need to be completely protected from any accidents that may occur at my house due to my home business? I have 3 tanks of gas for use in (more)
Cincinnati Archdiocese Says Clergy Abuse Cost $11 Million
A clergy abuse scandal has cost the Archdiocese of Cincinnati more than $11 million in the past six years, church officials announced In 2008, the archdiocese spent nearly $1 2 million on (more)
Who's Worth What in the Independent Agency System?
It's that time again! Insurance Journal is polling insurance agents and brokers nationwide in its annual quest to find out who's worth what in the independent agency system More than 1,000 (more)
Cheap Home Insurance Rates - 6 Tips to Help You Save Money on Homeowners In
If you own a home, you simply must have homeowners insurance but that doesn't mean you have to pay too much for it This article will give you some tips and some easy to implement strategies for saving money on homeowners insurance and making sure yo (more)
Delaware Man Gets $2.9M for Injuries at Home Depot
A jury in Wilmington, Delaware has awarded $2 9 million to a self employed contractor who was injured at a Home Depot store when a stack of 18 wooden doors fell from a shelf above (more)
H & R Block: Steve Tait to Step Down as President of RSM McGladrey
KANSAS CITY, MO (MARKET WIRE) H&R Block (NYSE: HRB) announced today that Steve Tait, president of its wholly owned RSM McGladrey subsidiary, will step down from his role with the company effective April 30 (more)
Celebrate all Things Darwinian in 2009
For the 200th anniversary of Charles Darwin's birth, the U K (where he was born), Australia (where he visited), and the Galápagos Islands (where he made his greatest discoveries) will celebrate with a series of festivals and special events (more)
Memo to the Mayor: Mick, don't forget to lock your bike
ASPEN Those who don't learn from history are doomed to repeat it, so Aspen Mayor Mick Ireland has learned (more)
Thanks, kind stranger
Dear Editor: (more)
EPIC Appoints McCulloch Principal in San Francisco
EPIC (Edgewood Partners Insurance Center) has appointed Emil McCulloch principal in its San Francisco office She specializes in employee benefits and helping her clients comply with the San (more)
Todd Hartley: I'm with stupid
The history of humans introducing non native animal species to new lands is a long and glorious one (more)
Insurers offering free home contents insurance
Insurers offering free home contents insurance (more)
Merchant Risk Council: Tom Ridge to Address e-Commerce Leaders in Las Vegas
SEATTLE, WA (MARKET WIRE) The Merchant Risk Council (MRC) is pleased to announce the addition of former US Congressman, Governor of Pennsylvania and the nation's first Secretary of Homeland Security, Tom Ridge, as a special keynote speaker for the (more)
Scientist: Fault Puts East Arkansas at Earthquake Risk
A previously unknown fault in eastern Arkansas could trigger a magnitude 7 earthquake in the cotton fields of the upper South with an epicenter near a natural gas pipeline, a scientist said (more)
Best Downgrades Kingsway and Some Operating Company Ratings
A M Best Co has downgraded the issuer credit ratings (ICR) to 'b' from 'bb ' of Canada's Kingsway Financial Services Inc (KFSI) and Kingsway America Inc (KAI), which is headquartered in Elk (more)
Georgia Collected $22 Million in Claims Disputes in 2008
Insurance Commissioner John W Oxendine said his office helped thousands of Georgia consumers settle disputes with their insurance companies in 2008, returning $22 million in insurance claims to (more)
Ratings Recap: Agency, MGA, SeaBright
A M Best Co has revised the outlook to positive from stable, upgraded the issuer credit rating to 'bbb+' from 'bbb' and affirmed the financial strength rating of 'B++' (Good) of Agency Insurance (more)
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