INSURANCE Today for Friday January 30th, 2009

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Asia News Today
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BancInsure Products Now Available to Bankers, Agents in Texas
Oklahoma based BancInsure's insurance and risk management products are now available to Texas bankers through their local independent insurance agents, the company announced 'As a former Texan (more)
Todd Hartley: I'm With Stupid
I was watching the inauguration of Barack Obama as president of the United States last week, and during the part where French born Chinese cellist Yo Yo Ma, Israeli violinist Itzhak Perlman and Venezuelan pianist Gabriela Montero performed a piece (more)
Appellate Court Overturns Nearly $3M Judgment Against Texas Mutual
An appellate court in Houston has reversed a nearly $3 million jury verdict against Texas Mutual Insurance Company in a dispute over cancellation of a workers' compensation policy, the insurer (more)
Survival at sea a hoax?
Filed under: Stories, Oceania, Burma (Myanmar), Australia, NewsTen days later, the two men from Myanmar who Scott reported were rescued from a floating refrigerator and supposedly survived 25 days at sea with little nourishment are back in the news, (more)
Garfield County Jail staff revives inmate with CPR
GLENWOOD SPRINGS Garfield County Jail deputies and medical staff revived an ailing inmate by using CPR Thursday morning (more)
Brookfield Infrastructure Partners L.P. : Reminder: Brookfield Infrastructu
HAMILTON, BERMUDA (MARKET WIRE) Brookfield Infrastructure Partners L P (NYSE: BIP) (more)
Chris Hillman looks back, but only if he has to
ASPEN Back when the Byrds were recording songs that would become rock 'n' roll classics the folk rock gem 'Turn, Turn, Turn,' the psychedelic 'Eight Miles High,' the jangling and touching 'The Bells of Rhymney' and numerous takes on Bob D (more)
Connecticut Toopers Issued 78,000 Speeding Tickets in 2008
Connecticut officials can thank some lawbreakers for helping a bit with the state's budget deficit, which continues to be fueled by income and sales tax revenue declines State police say they (more)
Delta wonders about Atlanta
Filed under: Business, North America, United States, Airlines, AirportsIs Delta playing chicken with Atlanta? The airline is getting ready for negotiations with Atlanta's Hartsfield Jackson International Airport and has opened by threatening to l (more)
British newspaper: Sitting in the window seat could kill you
Filed under: Airlines, Travel HealthAre you a window seat or aisle seat person?A British newspaper alleges that the distinction is akin to choosing life or death Britain's Daily Mail is citing a new report out in the British Journal of Hematology by (more)
'Green' Travel is Dead -- and That's a Good Thing
No one is saying that being environmentally responsible is irrelevant when you travel On the contrary, it's that being green is so important that it shouldn't become another marketing gimmick (more)
Ratings Recap II: Chaucer, MSIG, Congregational, Top Layer, Asia Capital
Standard & Poor's Ratings Services has issued a bulletin indicating that 'its '3' Lloyd's Syndicate Assessment (LSA) on Chaucer Syndicate 1084 is not affected by the announcement by Chaucer (more)
Fortis Carve-up Revised after Shareholders Express Anger
French bank BNP Paribas and stricken Belgian financial group Fortis have agreed to revisions to the latter's carve up on Friday in a bid to convince Fortis investors angered by the initial terms (more)
American Physicians Service Group, Inc.: American Physicians Service Group,
AUSTIN, TX (MARKET WIRE) American Physicians Service Group, Inc ('APS') (NASDAQ: AMPH) today announced that it will release fourth quarter earnings after the market closes on March 2, 2009 APS will also be holding a conference call to discuss fin (more)
Judge Finds Motion To Amend Was Properly Denied, Declines To Certify Questi
MINNEAPOLIS Finding a lack of evidence of an agreement to procure and transfer life insurance policies, a federal judge on Dec 3 affirmed a magistrate judge's order denying a life insurance company's motion to amend its complaint while also denyi (more)
Statement from Northern Capital Insurance Group
MIAMI Today Northern Capital Insurance Group, a Florida based carrier committed to providing Floridians with homeowners, commercial and auto insurance, announced their continued commitment to our local markets through their network of independent (more)
London couple stays at NY hotel for free, with a catch
Filed under: Hotels and AccommodationsDuncan Malcolm and Katherine Lewis of London are taking part in a unique advertising scheme in New York right now The couple, on vacation in the US, agreed to spend five days in a replica of a room at Manhattan's (more)
Home Insurance Coverage - Building & Contents Insurance
Home owners insurance is a must for protecting the home, contents, and personal effects; as it's a huge financial investment Just think about the amount time, money and energy that's been invested in the property, and you will appreciate the importa (more)
Circus with its roots in helping refugees is in its sixth year
Filed under: Arts and Culture, Festivals and Events, CambodiaIf a trip to Cambodia is in your future this coming March or April, here's an event to look for Tini Tinou 2009 is a megawatt circus type festival that has its roots in doing good works T (more)
Fire Loss Claim Was 'Fairly Debatable'; No Bad Faith, Panel Affirms
CINCINNATI Inconsistent witness testimony, investigators' suspicions and a property loss claim raised serious doubt about whether an insured misrepresented her losses resulting from two fires, precluding a finding of bad faith against an insurer, (more)
Zombies invade Texas town
Filed under: North America, United States, Video, NewsHackers delivered a warning to played a prank on Austin, TX commuters this morning, according to local television station KXAN Near the intersection of Lamar Blvd and Martin Luther King Blvd , a (more)
North Carolina Officials Allege Hobgood Man Collected on Claim Twice
North Carolina Insurance Commissioner Wayne Goodwin reported the arrest of an Edgecombe County man The warrant alleges Johnny Harper, Jr , 26, of Hobgood, N C , collected two settlements for one (more)
State Regulators Deny Life Insurers' Bid for Looser Capital Requirements
State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief The National (more)
Summary Judgment For Insurer Affirmed In Dispute Over Auto Theft, Fire Clai
LINCOLN, Neb Finding that an insurer had an 'arguable basis' to deny coverage to a couple who claimed that their car was stolen and burned, a Nebraska Court of Appeals panel held Jan 6 that State Farm Mutual Automobile Insurance Co was entitled (more)
A Shore Thing: 4 Ways to Preserve the Maya Riviera's Rare Environment
Visitors to Mexico's pristine coast jump into the middle of a complex ecosystem and culture and a little bit of preparation will help you minimize your impact and have a better time (more)
Attorney, Brother Plead Not Guilty To Fraud Charges
LOS ANGELES California attorney Hamid Taghizadeh and his brother, Zekrollah Taghizadeh, pleaded not guilty Jan 9 to charges that they and others participated in an auto insurance fraud ring that billed insurance companies for medical services tha (more)
Roger Marolt: Roger This
In early October 2008, just after receiving nearly $85 billion in bailout money from the U S taxpayers, the insurance giant American International Group, Inc (A I G (more)
Florida DME Company Operator Gets 10-Year Sentence
MIAMI The operator of five Florida durable medical equipment (DME) companies was sentenced Jan 16 to 121 years in prison and ordered to pay $3 3 million in restitution after pleading guilty to federal health care fraud charges (United States v A (more)
Allstate upping effort to keep customers
Allstate Corp said Thursday that the recession is causing its auto insurance policyholders to look for ways to reduce their premiums (more)
Photo of the Day (1/29/09)
Filed under: Photo of the DayBuck Forester is a long time photo contributor to Gadling's Flickr group Buck discovered a rock that was lit from behind by the sun setting behind a rock With an exposure of 1 4 sec, he captured the explosion of water a (more)
eHealth, Inc.: Hays Insurance Services to Extend Broker Channel With eHealt
MOUNTAIN VIEW, CA (MARKET WIRE) eHealth, Inc (NASDAQ: EHTH), parent company of eHealthInsurance, and Hays Insurance Services today announced an agreement that will enable Hays to sell individual health insurance products over the internet using the (more)
Towerstone Adds 3 in Dallas Office
Towerstone Inc , a wholesale insurance broker and managing general agency based in Dallas, announced the hiring of three new employees Samar Aragon has joined Towerstone as an account manager (more)
Basalt girls go down to rival Rams
CARBONDALE Kathy Vega and Adrianna Romero couldn't contain their excitement Making a triumphant trek from the court to the locker room, the Roaring Fork girls basketball players stopped, jumped in place and then gave each other a huge hug (more)
John Updike's take on travel: A mini tribute and ode to NYC
Filed under: Arts and Culture, Festivals and Events, StoriesJohn Updike, as well as being one of America's beloved, if not a bit controversial, novelists, was a traveler and a poet Brenda's post yesterday was a fitting tribute, but here's a bit more (more)
CarInsurance.com - The Only Site You Need For Online Car Insurance
CarInsurance com expanded its services into Alaska, Hawaii, Montana, North Dakota, South Dakota, and Wyoming this week Now is the time to shop for insurance in America As economic times get harder, consumers must shop for car insurance to save mone (more)
Insuring Homes Near the Water in New York
In New York, particularly on Long Island in Nassau County, Suffolk County, Queens County, Brooklyn County, and Richmond County, homeowners may be faced with the prospect of trying to obtain home insurance (or having existing insurance) for a home tha (more)
How to Create More Options For Saving on Insurance For Your Older Florida H
Some of the toughest homes to find Florida homeowners insurance coverage for are older homes Many older homes in Florida end up with Citizens Property Insurance Corporation where they are subject to higher premiums and special assessments Having an (more)
Discover Africa
Filed under: Arts and Culture, Surfing, Photos, Stories, Africa, Morocco, Video, Ecotourism, News, Travel DealsYesterday saw the launch of an amazing online image resource for anyone interested in traveling to Africa (You can't see it, but my right (more)
Mount Redoubt approaching climax
Filed under: NewsThings in south central Alaska just got a bit more interesting (and south central Alaska was already a pretty tough neighborhood) Mount Redoubt has seen a dramatic uptick in seismic activity over the last several days and seismologi (more)
How to Combat Rising Home Insurance Premiums
If your money is tight during the global economic crisis, there is more bad news as a survey showed that 74 percent of insurance underwriters expect home insurance premiums to increase further in 2009 With claims rising and costs increasing, insurer (more)
Spirit Airlines staff fed up being called DD MILF'S by their employer
Filed under: AirlinesThe hard working cabin crew at Spirit Airlines are fed up they are annoyed that their boss is inviting passengers to check out their DD's, and asking people to come book a 'MILF' For those that missed out on a 'movie classic', (more)
MiniCo Names Sommer and Good Vice Presidents
Phoenix, Ariz based MiniCo Inc has promoted Dan Sommer and David Good Sommer has been named vice president, publishing, marketing and communications, as well as chief marketing officer Good (more)
Not so fast, please
Sorry to state the obvious, but here are a few things every Roaring Fork Valley resident should know (more)
'Revolutionary Road' a well-crafted story underscored by misery
This borders on sacrilege, but 'Revolutionary Road' hangs its melodrama on a several outdated devices (more)
Backcountry skier hurt in avalanche near Telluride
TELLURIDE, Colo A 28 year old man is hospitalized in serious condition after getting caught in an avalanche while backcountry skiing in Bear Creek, near the Telluride ski area (more)
The movie listings: Aspen to Glenwood
'Revolutionary Road,' 'Milk,' 'New in Town' and 'Taken' open this weekend at area theaters Here's what's showing, and when, at movie theaters from Aspen to Glenwood Springs (more)
Safe As Houses With Home Insurance
Be perspicacious and also ambivalent when some representative offers you a really cheap policy It may well be a case of the person inadvertently or indeed advertently setting you up for a fall, as this cheap policy puts you in a predicament whereby (more)
Supreme Court Denies Cert In Marine Policy Rescission Case
WASHINGTON, D C The U S Supreme Court on Dec 1 declined to hear an appeal of a Ninth Circuit U S Court of Appeals ruling that an insurer was properly granted summary judgment on its claim for rescission of a policy based on a boat owner's misr (more)
Car Insurance Downsizing
Ohio's Department of Insurance has been hearing from a number of agents who say drivers are dropping or minimizing their auto insurance coverage to save some money (more)
Top 7 Outdoor Gear Items for 2009
Filed under: GearLast weekend was the Outdoor Retailer Winter Market was held in Salt Lake City The biannual convention is where all of the major players int he lucrative gear industry gather to show off their latest and greatest products, many of w (more)
How to Avoid Super Bowl Injuries
You're cheering on your favorite team in the Big Game, but the next minute you are choking on a chicken wing It turns out injuries are not limited to the playing field on Super Bowl (more)
Another war-torn golf course?
It's becoming pretty clear that the U S government equates golf with peace, freedom and stability The best way to 'ruin a good walk' is on its way to Baghdad's 'Green Zone,' which is what the comparatively safe part of the city is called The Joint (more)
Allianz of America's Kavitsky to Retire
After 14 years of service with Allianz, Charles (Chuck) Kavitsky will retire, effective July 31, 2009 Until that time, he will continue in his current role as chairman, president and CEO of (more)
CarInsurance.com – The Only Site You Need For Online Car Insurance
ALTAMONTE SPRINGS, Fla CarInsurance com expanded its services into Alaska, Hawaii, Montana, North Dakota, South Dakota, and Wyoming this week Now is the time to shop for insurance in America As economic times get harder, consumers must shop for c (more)
Bikesure offers helmet and leather insurance policy
Bikesure offers helmet and leather insurance policy (more)
Town in Tuscany bans ethnic food
Filed under: Food and DrinkThe small town of Lucca, in Tuscany not all that far from Florence, has one of the most jaw droppingly beautiful piazzas in Italy, and a preserved medieval center that some stands apart in a country with no shortage of pres (more)
Legal & General sees rise in new business
INSURANCE giant Legal & General has shrugged off the tough conditions battering many of its rivals to report a better than expected three per cent rise in annual new busin (more)
Frommers.com Airfare Deals and News for the Week of January 30, 2009
Head to U S slopes for less thanks to United and AA, make tracks to the sunny Caribbean with USA 3000, discover tricks to Priceline com, and find more ways to lower costs in this week's roundup (more)
How to Go Around the World on One URL
The global frequent flyer program Oneworld has created an online booking tool that allows you to plan and book around the world trips and multi city itineraries with relatively few restrictions (more)
Fraud Would Void Entire Policy; Question Of Whether Fraud Was Committed Rem
MUSKOGEE, Okla A federal magistrate judge on Jan 13 held in concurrent opinions that 'fraud or false swearing in connection with any coverage under the policy voids the entire policy and not just the affected coverage' but that there are genuine (more)
Former Allstate Employee, Others Plead Guilty In False Claim Scheme
BIRMINGHAM, Ala Former Allstate Insurance Co employee Monica Marshall pleaded guilty Dec 30 to 11 counts of mail fraud for coordinating a scheme in which she entered false information into the company's claims processing system, causing claim c (more)
Louisiana Cardiologist Convicted Of Fraud Charges; Unnecessary Surgeries Al
LAFAYETTE, La After a trial that spanned three months and included two weeks of jury deliberations, a federal jury on Dec 30 found Louisiana cardiologist Mehmood M Patel, M D , guilty of 51 counts of health care fraud (United States of America (more)
Steamship Mutual to Boost Capital
Steamship Mutual, a leading P&I Club that provides marine liability insurance worldwide, announced that it is boosting its capital reserves to compensate for investment losses 'Despite (more)
Are the trains in Spain faster than the planes?
Filed under: Spain, Airlines, TransportationIf you've ever had a chance to travel around Europe, you're probably familiar with its various high speed rail networks In France, the TGV and AGV lines whisk passengers between Paris and points beyond inc (more)
Fraud, Conspiracy Conviction Affirmed; No Ineffective Assistance Of Counsel
DETROIT Finding no ineffective assistance of counsel, a panel of the Michigan Court of Appeals on Jan 8 confirmed the insurance fraud and conspiracy conviction of a man on charges of conspiring with his mother in law to fraudulently claim that he (more)
Florida Physician's Assistant Gets 14-Year Sentence For HIV Treatment Medic
MIAMI Physician's assistant Thomas McKenzie was sentenced Dec 18 to 14 years in prison and ordered to pay restitution of $84 million to the Medicare program after pleading guilty Sept 18 to conspiracy to commit health care fraud and submitting f (more)
Gadling exclusive! The official VivaAerobus 2009 calendar girls
Filed under: Mexico, AirlinesRemember the clip of the making of the 2009 VivaAerobus calendar? Well, I'm sure some of you were left hoping for more than just a Youtube clip, so Gadling has managed to get its hands om the official images from the cale (more)
Former California Doctor To Pay $2.1 Million To Settle Medicare Fraud Alleg
LOS ANGELES A former anesthesiologist and pain management specialist has agreed to pay $2,180,000 to settle civil allegations brought under the False Claims Act that he let his Medicare provider numbers be used to fraudulently bill the program for (more)
'Milk': uplifting and surprisingly funny
In 'Elephant,' his ultra cryptic 2003 film about a school shooting, Gus Van Sant left everything up in the air: motive, history, consequences (more)
Colemont's Hartford Office Assigns Additional Management Roles
The Hartford, Connecticut office of Colemont Insurance Brokers has assigned new management responsibilities for several key members of its personnel Michael O'Brien, vice president, has been (more)
Wisconsin Supreme Court Rejects Liberty Mutual Appeal in Asbestos Case
An insurance company might have to pay big money to people claiming asbestos related injuries under a Wisconsin Supreme Court ruling The court ruled in a dispute between Plastics Engineering (more)
Florida Subpoenas State Farm Policyholder Data for Withdrawal Plan Review
Florida Insurance Commissioner Kevin McCarty has issued a (more)
Hostel Trail: Latin America's hostel network
Filed under: Photos, Stories, South America, Colombia, Hidden Gems, Hotels and Accommodations, Budget Travel, News, Travel DealsI think long and hard about what kind of cool, helpful knowledge I might be able to share with Gadling readers, and someti (more)
Ratings Recap I: Coachman/SGI, Ceska, Indus. Alliance, Polish Re, Jasindo
A M Best Co has upgraded the financial strength rating (FSR) to 'B++' (Good) from 'B' (Fair) and issuer credit rating (ICR) to 'bbb' from 'bb+' of Canada's Coachman Insurance Company, and has (more)
Unpaid Premiums Are 'Money Or Property,' Federal Judge Says
BENTON, Ill An indictment that alleges that the co owner of an employee leasing company 'schemed to make fraudulent misrepresentations and omissions as to the nature and extent of the business of their clients in order to obtain worker's compensa (more)
Detroit officer found guilty in auto fraud case
LANSING A Detroit police officer has been convicted of writing bogus accident reports to support fraudulent auto insurance claims (more)
News From The LexisNexis Insurance Law Center
Editor's Note: The following items of interest appeared recently on the LexisNexis Insurance Law Center Devoted to insurance litigation and the insurance industry, the Insurance Law Center is where you can connect with other insurance professionals (more)
British Airways to allow cell phone use on London to New York flights
Filed under: AirlinesBritish Airways has just announced that, beginning this fall, they will allow cell phone use in flight, but only on business class flights between London and JFK While talking on cell phones will still be prohibited, the airline (more)
Comparing Home Insurance Policies Can Save You Money
Insuring your buildings and home contents is a way of protecting not only your biggest asset (your home) but your possessions too One of the best ways to make savings on the cost of your cover is to compare home insurance policies online (more)
As recession deepens, more drivers drop auto insurance
There is yet another side effect to more lay offs: more uninsured motorists on our streets Florida already ranks fifth in the highest number of uninsured drivers, and a new independent study predicts it could get a lot worse (more)
Have You Appropriated Appropriate Home Insurance
It will be down to you whether you choose to have separate home insurance and contents insurance If you are getting contents insurance as part of your insurance then the insurance company will need to be provided with an inventory of all of the stuf (more)
Report: More Uninsured Drivers Unleashed on Texas Roads
IRVING, Texas, Jan 30 More than 21,000 Allstate insured drivers in Texas were involved in car accidents with drivers who had no auto insurance in 2008 According to a recent report by the Insurance Research Council, the economic downturn could ca (more)
Homeowners warned not to cut corners on home insurance
Homeowners warned not to cut corners on home insurance (more)
Arch Gives Preliminary Earnings Figures
The Bermuda based Arch Capital Group Ltd announced that it expects to report after tax operating income available for common shareholders in the range of $75 million to $90 million for the 2008 (more)
Home Insurance - Smoke and Fire Help
Fire disasters can be devastating; it is a painful experience to the owner of the property that got burnt Most times, these disasters hit people without prior notice (more)
Arkansas Bill Gives Governor Power to Fire Insurance Chief
The Arkansas Senate has approved legislation that would give the governor the power to fire the state's insurance commissioner at will The bill would require the state insurance commissioner (more)
Risk Assure Group, Experts in Insurance Placement, Risk Management, Risk Fi
Risk Assure Group (www riskassuregroup com) is pleased to announce that it has developed a new warranty affinity program encompassing a custom bundled package covering home and auto protection, travel, health and consumer electronics (more)
Gail Carol Smith
Gail Carol Smith, 76, of Carbondale, formerly of Chicago, passed away Jan 25, 2009, at Heritage Park Nursing Home in Carbondale (more)
FIMALAC: FIMALAC : Quaterly information (First quater 2008/2009)
PARIS (MARKET WIRE) I) FIRST QUARTER REVENUE (OCTOBER DECEMBER 2008) (more)
Local to city of Aspen: Can I have my house back?
ASPEN The man who sold his home to the city of Aspen for $3 5 million has offered to buy it back for $2 8 million (more)
Complaint Dismissed For Failure To Show Why Claims Were False Or Fraudulent
NEW HAVEN, Conn Finding that an insurer's amended complaint failed to allege facts necessary to conclude that defendant medical providers' claims were false or fraudulent or to explain why the claims were fraudulent, a federal judge held Dec 17 (more)
Forget the median
Dear Editor: For a city obsessed with historic preservation, it is curious that Aspen would ever consider transforming Main Street (more)
Merrill Lynch Sued Over Costly New Orleans Stadium Bond Issue
The Louisiana Superdome authority in New Orleans has filed suit against Merrill Lynch over a $238 million stadium bond issue that exploded in interest costs after the market for government (more)
Selective Insurance reports Q4 net loss
Selective Insurance Group has reported a net loss of $14 4 million, or $0 28 per diluted share, for the fourth quarter ended December 31, 2008, as compared to a net income of $36 24 million, or $0 67 per diluted share, for the fourth quarter ended De (more)
RICO, Fraud Claims Remain In Action Alleging ConspiracyTo Abuse No-Fault In
CENTRAL ISLIP, NY Claims by nine insurance companies alleging that a physician, the owners of several management companies and others conspired to abuse New York's no fault insurance regime to obtain payment for medical services and diagnostic tes (more)
American Airlines limiting passengers due to shortage of life rafts
Filed under: AirlinesAmerican Airlines has announced that it will be limiting slightly the number of passengers it carries on its 767 300 planes as it orders additional life rafts to comply with FAA regulations The carrier said that it only learned t (more)
Puritan Financial Companies, Inc.: Puritan Financial Companies Launches Web
DALLAS, TX (MARKET WIRE) Puritan Financial Companies announced today the release of their new web portal The Puritan Provider web portal will be used both internally and externally to streamline the notable growth of its life insurance and annuity (more)
Luxury hotels in NYC offering a free night stay
Filed under: Business, Hotels and Accommodations, Travel Deals'Strike when the iron is hot' is a proverb for these times when it comes to taking advantage of a travel bargain Cruises aren't the only places to find a deal even if the deal may start (more)
Add a propeller to your car if gas prices start to rise
Filed under: Arts and Culture, History, Blogs, Photos, TransportationOkay First of all, I really don't know if a propeller on your car will help with fuel economy actually, it might make fuel economy worse, but you have to admit it's a funky idea (more)
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