INSURANCE Today for Thursday February 05th, 2009

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Travel News Today
Travel, Travel

Galley Gossip: Lindsay Lohan throws a fit when she's denied a first class
Filed under: Galley Gossip Lindsay Lohan caused 'chaos' at the airport in Tampa, Florida on Saturday morning when she was denied a first class seat on an overbooked flight, reports The Huffington Post Chaos, their word, not mine, is a word that make (more)
Talks continue over £1bn Aviva payout
INSURER Aviva has scrapped plans to pay a £1 billion windfall to policyholders after falling market hit the value of its assets (more)
Kayak race event proposed in Glenwood Canyon
GLENWOOD SPRINGS A proposal to hold two days of kayak races this spring on the Colorado River in Glenwood Canyon is under review by the U S Forest Service office in Eagle County (more)
Landlord Property Services & Insurance Guide!
Landlords Property Insurance covers damage to your property Such insurance will cover the property you are letting for damage from events such as a fire or flood It is therefore important to get your building or property insured at the right time (more)
Congress May Probe AIG Pricing, Pay Practices
An influential U S congressman, concerned that American International Group's $150 billion federal bailout could be undermining the broader U S insurance market, is digging into claims that the (more)
Viva Bill Kane!
Dear Editor: The town of Basalt is extremely fortunate to have Bill Kane as candidate for city manager (more)
Ike Vendors Still Waiting for Texas to Pay Hurricane Response Bills
The state of Texas has accrued $134 million in unpaid bills from emergency response to Hurricane Ike and vendors want their money Jack Colley, the state's director of emergency management, (more)
Exigen Insurance Solutions: Exigen Insurance Solutions' Client Real Insuran
SAN FRANCISCO, CA (MARKET WIRE) Exigen Insurance Solutions (www exigeninsurance com), the specialist in rapid implementation of new business initiatives and products for insurance, today announced that Celent, a leading research and advisory firm fo (more)
America First Appoints Stricklen to Head Farm & Ranch Division
America First Insurance, a Liberty Mutual Agency Markets regional company based in Richardson, Texas, has appointed Stephen Stricklen to assistant vice president, Specialty Products In this (more)
Alaskans Brace for Possible Volcanic Eruption
Maree Shogren knows firsthand the toxic power of a volcano, so don't blame her for being a little freaked out about the expected eruption of Alaska's Mount Redoubt The Anchorage woman vividly (more)
Can other airlines learn from Virgin America?
Filed under: North America, United States, Airlines, Airline ReviewsIn my mind, there is nothing worse than flying I think it's a waste of time (I've probably wasted, cumulatively, half a year of my life in the air) Ever since I had to take off my (more)
Paul Nitze: Turning the wrong corner on immigration
Over the last eight years, and particularly since 2003, Congress and the Bush administration have poured federal money into immigration enforcement (more)
S&P Withdraws, Affirms Ratings of Several 'Minor AIG Subsidiaries'
Standard & Poor's Ratings Services has announced various ratings actions on several subsidiaries of the American International Group 'These actions follow AIG's decision to revise or (more)
Buzzing at the Bowl
ASPEN My friend Doug and I had just reached the top of Highland Peak when I heard the engines (more)
St. Petersburg photos offer glimpse of a 'hidden' past
Filed under: History, Photos, Russian FederationAny visitor to Saint Petersburg will quickly understand the city's reputation as the 'crown jewel' of Russia Built by Russian monarch Peter the Great to compete with the great capitals of Europe, Saint (more)
Banks in twin pledge to help borrowers and small businesses
LLOYDS Banking Group has pledged to pass on any base rate cut today to its small business customers with variable rate loans and overdrafts, writes Peter Ranscombe (more)
North Dakota Bills Respond to Firings of Workers Compensation Whistleblower
The dismissals of four employees who questioned how North Dakota's workers compensation agency was being run showed a state law intended to guard against such firings is almost useless, a state (more)
The Seven Summits: View From The Top
In the world of adventure travel, the Seven Summits have been one of the top goals for climbers and trekkers alike since American Dick Bass first completed his quest to summit the highest mountains on each of the seven continents back in 1985 Since (more)
Housing authority not backing down in dispute with local
ASPEN A local doctor is flirting with contempt of court charges for not selling back an affordable housing unit to the public program, after it was discovered she had too many assets to qualify for ownership (more)
Speculation Resumes on Kansas Gov. Sebelius for Obama Health Post
A top aide says Gov Kathleen Sebelius remains focused on serving Kansas, amid new speculation about a federal Cabinet appointment But spokeswoman Beth Martino also declined to say the (more)
S&P: Irish Non-Life Market-'Testing in 2009', But 'Fundamentally Robust'
In a report entitled 'A Testing 2009 For The Irish Non Life Insurance Market, Despite Fundamental Strengths,' Standard & Poor's Ratings Services forecast a 'difficult year ahead for the Irish (more)
what's good about private insurance instead of NHS, for shrinking my crazy-
What advantage will I get from getting on my husband's private medical insurance in the UK, in terms of getting psychiatric treatment? My husband gets private insurance for us from his work Thus far I've just used the NHS, but I wonder if I used his (more)
Landing mishap shutters airport
ASPEN A single engine aircraft skidded off the runway while landing Wednesday at the Aspen Pitkin County Airport leading to the closure of the strip for more than two hours, authorities said (more)
Factory Orders Fall Again With No Clear End in Sight
Orders to factories fell for a record fifth month in December, closing out the worst year for American manufacturers since 2002 (more)
North Texas Agencies, Powter and O'Neal, Join Forces
Powter Insurance, based in McKinney, Texas, announced it has acquired the O'Neal Insurance Agency of Burleson, Texas O'Neal Insurance Agency owner Jerita O'Neal will join Powter, bringing (more)
Vegas hotel takes all you can eat to the next level with all you can eat, a
Filed under: Food and Drink, Hotels and AccommodationsAdmit it even the most seasoned gambling fanatic will pop into a Vegas buffet once or twice on their money making losing trip Of course, Vegas has some good buffets, and some 'not so good' One (more)
S&P Rates Phila. Indemnity, Phila. Insurance; 'AA-'; Outlook Stable
Standard & Poor's Ratings Services has assigned its 'AA ' counterparty credit and financial strength ratings to Philadelphia Indemnity Insurance Co and its sister company, Philadelphia Insurance (more)
Northern California auto insurance fraud sweep nets 28 arrests
Northern California law enforcement officials investigating a rise in auto insurance fraud cases have arrested 28 people since Jan 28 in a multi county joint operation (more)
A sincere thanks for the hard work
Dear Editor: The citizen members of the Lift One COWOP deserve a sincere thanks and community respect for the hard work they did on creating a Lift One conceptual plan for redevelopment (more)
Colorado Casualty Introduces Workers' Comp in Nevada
Englewood, Colo based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced it has added workers' compensation coverage to its commercial insurance product line in (more)
Drivers cutting Back on Auto Insurance
Times are tough and people are looking for ways to cut back on spending (more)
Don't feel sorry for the developers
Dear Editor: Are we all nuts? Next on the agenda is Cattle Creek, another 'village suburb' bigger than Silt, including four story buildings, 1,006 residential units for 2,100, token employee units, lux digs, commercial, retail and restaurants, a (more)
Zurich Reports $3 Billion 2008 Net Income; Operating Profit $5.2 Billion
Zurich Financial Services Group has announced net income after tax of $3 billion for 2008 as well as a CHF 11 00 ($9 48) gross dividend proposal and operating profits of $$5 2 billion As (more)
SLI makes two board appointments
TWO new appointments have been made to the board of an investment fund run by Standard Life Investments (more)
Florida Lawmakers Question State Farm on Why It's Leaving
State Farm Florida has lost hundreds of millions of dollars in the state in the last decade and risks insolvency if it continues writing property insurance here, company executives told a (more)
Swiss Re to Post $862 Million 2008 Net Loss; Buffett to Invest $2.6 Billion
The Swiss Re Group announced that it expects to report a net loss for the full year 2008 of approximately CHF 1 billion ($862 5 million) for 2008, compared to net income of CHF 4 2 billion ($3 62 (more)
Snowpack remains 'in good shape'
ASPEN Colorado's snowpack is 17 percent above average, and the Roaring Fork River basin is up 32 percent despite dry spells in January, according to the Natural Resources Conservation Service (more)
Tower Group Completes Acquisition of CastlePoint Holdings
Tower Group Inc (NASDAQ: TWGP) has completed its acquisition of CastlePoint Holdings Ltd (NASDAQ: CPHL) in a transaction valued at $531 million based on Tower's current market price Tower (more)
Two Florida Insurance Scam Artists Lose Mail Fraud Appeal
Two men sentenced to federal prison for cheating investors out of more than $100 million in an insurance scheme have failed to convince an appeals court that they were unfairly convicted of mail (more)
Aspen airport reopens after crash
ASPEN Air traffic resumed at about 2:45 p m Wednesday at the Aspen Pitkin County Airport, roughly two hours after a small plane crash shut down the landing strip, authorities said (more)
Indiana House Panel Advances Ban on Drivers' Cell Phone Use
Drivers in Indiana could not use handheld cell phones or texting devices under legislation endorsed by a state House committee The House Public Policy Committee approved the bill by (more)
Bowermaster's Antarctica -- Marguerite Bay
Filed under: Activism, Climbing, Hiking, History, Learning, Paddling, Antarctica, Camping, Ecotourism I spent the afternoon walking on a piece of fast ice the size of a small town floating on the surface, about six feet thick, still attached to the (more)
Surplus Lines Association Launches Executive Leadership School
The National Association of Professional Surplus Lines Offices Ltd (NAPSLO) is launching the NAPSLO Executive Leadership School, scheduled for Feb 8 11, 2009, in Charlottesville, Va The new (more)
State arrests 28 in auto insurance fraud
State officials announced Wednesday that dozens of Northern California residents have been arrested for auto insurance fraud Since Jan 28, the California Department of Insurance's Fraud Division and the district attorneys from El Dorado, Placer, (more)
IBM to laid-off employees: 'Want to work in India?'
Filed under: Business, India, NewsWith the national unemployment rate now over 7%, many out of work Americans are wondering how they're ever going to find another job in this sagging economy But for some of the 4,000 workers who were recently laid o (more)
More fallout in local market
The Aspen real estate industry got its second jolt of the week Wednesday when one of its largest firms announced it is closing and that its franchise with Sotheby's will be taken over by a former rival (more)
Farm Bureau County Mutual Insurance Company of Texas Downgraded
A M Best Co announced it has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit rating (ICR) to 'a ' from 'aa ' of Farm Bureau County Mutual (more)
California's W. Brown to Underwrite Aviation Insurance For Catlin US
Catlin Group Limited, an international specialty property casualty insurer and reinsurer, reported that W Brown & Associates Insurance Services will underwrite general aviation insurance for (more)
Auto insurance reform gains speed
LANSING, Michigan Charging that auto insurance rates in Michigan are unaffordable and lack oversight, Gov Jennifer Granholm's insurance advocate proposed sweeping changes in how rates are set (more)
North Carolina Leaders Recall Former Insurance Commissioner Long
North Carolina's top elected statewide officials remembered former colleague Jim Long at their regular monthly meeting Tuesday, calling the ex insurance commissioner a friend who dedicated his (more)
New locks and pink slips signal a changing of the guard at one Aspen office
ASPEN Fourteen people are out of jobs after Joshua & Co acquired the real estate divisions of ResortQuest's Coates, Reid and Waldron last Friday (more)
Insurance Industry Blasts Granholm's Call for Rate Freeze, Advocate's Repor
The insurance industry is not taking the recent attacks by Michigan Gov Jennifer Granholm and the state consumer advocate lightly Insurance trade groups have come out swinging against (more)
Arizona Insurers Want To Know When Cameras Catch Speeding
The Arizona Legislature is debating a bill that would prohibit a state or local authority from using photo enforcement systems to detect speeding violations on state highways If passed, the bill, (more)
Children's Dental Health Project: President Signs Bill Expanding Dental Car
WASHINGTON, DC (MARKET WIRE) February is Children's Dental Health month and today dental care for children emerged as a key priority for this country as the President signed legislation for the Children's Health Insurance Program (CHIP) Reauthorizat (more)
Willis Forms Global Placement Entity
Willis Group Holdings announced the formation of Willis Global Placement, which it described as a 'dedicated entity that will coordinate worldwide placement strategy for the benefit of Willis (more)
French francs worth something again!
Filed under: Business, Europe, North America, Canada, United States, NewsYou know where your expired money is Now a collectible rather than currency, your kids have those leftover lira in a shoebox under the bed Or, they've stashed a jar of 'funny (more)
Mandelson warns RBS over 'exorbitant' bonuses
BUSINESS Secretary Lord Mandelson today told the Royal Bank of Scotland it risked alienating the public by offering 'exorbitant' bonuses to its traders and senior bank (more)
The Lovins put their energy into rainforests, orangutans
Aspen When Rocky Mountain Institute founder Amory Lovins talks to an audience, he's usually speaking about energy efficiency or the profitability of going green (more)
Vusi Mahlasela coming to Wheeler
Dear Editor: To fans of African music: Vusi Mahlasela is coming to the Wheeler Opera House on Feb 20 (more)
Best Comments on ING Canada Sale
A M Best Co has commented that the financial strength rating of 'A+' (Superior) and issuer credit ratings (ICR) of 'aa ' of ING Canada Group (the Group) are unchanged following the announcement (more)
Skiers boys hoops riding the wave
Aspen High boys basketball coach Steve Ketchum figured 2009 would be a rebuilding year (more)
Best Affirms Harleysville Ratings; Outlook Positive
A M Best Co has affirmed the financial strength rating (FSR) of 'A ' (Excellent) and issuer credit ratings (ICR) of 'a ' of Harleysville Insurance and its P C pooling members Best also affirmed (more)
When is a House a Home?
It seems that Britons are getting into the habit of buying property only to leave it unattended for long periods at a time it has been revealed, prompting many insurance companies to create cover for such an occasion Sainsbury's Home Insurance has c (more)
Bet on a bargain at Mohegan Sun
Filed under: Food and Drink, North America, United States, Hotels and Accommodations, NightlifeWhen even the loosest of slots can't get you up to Connecticut, Mohegan Sun is ready to up the ante Its 'Bets & Bites' deal is designed to lure you an (more)
Mercury Insurance CEO: Independent Agents Will Always Have Future
Despite the seemingly difficult times independent insurance agents may be facing today, they will always have a future, according to George Joseph, CEO and founder of Mercury Insurance, considered (more)
Alison Berkley: The Princess's Palate
There's a reason they make movies about bringing your boyfriend home to meet the parents (more)
Chris Cassatt editorial cartoon
No Abstract (more)
Guest opinion: The problems with Lift One
The Aspen City Council did not vote to approve the Lift One area COWOP master plan It failed! (more)
Michigan Auto Insurance System, Costs, Insurers Under Fire
Michigan's insurance consumer advocate is charging that drivers are paying a high cost for years of state deregulation of insurance and record insurance company profits Gov Jennifer Granholm (more)
Brotherhood aims at the summit of skiing
ASPEN By 2014, the National Brotherhood of Skiers hopes to have fostered the first black alpine Olympic skier (more)
McQueary Henry Bowles Troy Expands Leadership Team
McQueary Henry Bowles Troy L L P (MHBT), a large regional independent commercial insurance firm, announced the expansion of its executive leadership team with several promotions in the firm's (more)
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