INSURANCE Today for Friday February 06th, 2009

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Cancer News Today
Cancer, Cancer

Zettel wins super-combi; Vonn DQ'd at worlds
VAL D'ISERE, France Austria's Kathrin Zettel has won the super combi at the world championships, while American Lindsey Vonn was disqualified for splitting a gate in the slalom run (more)
Abbey's challenges after 2008 surge
SPANISH OWNED Abbey predicted yesterday that this year would be 'very challenging' following a storming performance in the UK mortgage market in 2008 (more)
Baltimore Man Files $210 Million Lawsuit over Public Strip Search
A Baltimore man is alleging in a lawsuit that rogue police officers violated his civil rights in a public strip search Thirty five year old Navy veteran Daryl Martin is suing the city Police (more)
FAA releases US Airways flight 1549 ATC transcripts
Filed under: Airlines, Airports, NewsSorry if our constant coverage of the US Air flight 1549 crash is beginning to bore you but it isn't often that a plane ditches in a river, and everyone is able to walk away The news today comes courtesy of the (more)
Standard Life Bank chief executive Gunther quits
THE head of Standard Life's banking unit will leave the company by the end of the month as the life and pensions giant completes a restructuring of the business in the fac (more)
Play chicken in Helsinki traffic
Filed under: Biking, Europe, Finland, TransportationI was pretty impressed by Helsinki's public transportation, which was more than ample with trolleys, subways and buses There were few SUVs, and the bike lane was rarely empty While the Finns got t (more)
ALPS Advisors, Inc.: Liberty All-Star(R) Growth Fund, Inc. January 2009 Mon
BOSTON, MA (MARKET WIRE) (more)
Paul E. Anna: High Points
My first indication that this week would be a little different here in Aspen came when I boarded a Chicago Aspen non stop on Monday morning (more)
Missouri Transportation Chief Pushes for Tougher Seat Belt Law
It's failed repeatedly in the past, but state Transportation Director Pete Rahn is optimistic that a bill stepping up Missouri's seat belt enforcement may pass this year Rahn wants lawmakers (more)
Burnett Holdings Joins QBE
New Orleans headquartered insurance wholesaler Burnett Holdings Inc (Burnett) announced it has been acquired by QBE Holdings Inc (QBE), part of Sydney, Australia based QBE Insurance Group The (more)
Galley Gossip: 10 things a flight attendant does on reserve
Filed under: Galley Gossip 1 Complain about being on reserve to any flight attendant who will listen There's nothing worse for a flight attendant than being on reserve Don't believe me? Ask a flight attendant on reserve Go ahead, ask, I dare you (more)
FEMA Director Visits Kentucky Area Still Recovering From Ice Storm
When O'Neill Lawrence returned from a supply run to his western Kentucky farm in Leitchfield, Kentucky, on Wednesday, he met FEMA's top official at his gate One of thousands without electricity (more)
Oregon Legislature Weighs Increase in Motor Vehicle Liaiblity Coverage
The Oregon House is evaluating a bill, HB 2326, that would increase the amount of motor vehicle liability coverage required for property damage and certain personal injury protection (more)
Support group helps Madoff's victims
ASPEN Ed Calesa met five Aspen friends for lunch soon after they learned they lost a 'substantial amount' of money in the Bernard Madoff investing scandal, and he realized from their reaction that he had to help them cope (more)
Carbondale Sotheby's office also aligns with Morris and Fyrwald
CARBONDALE The Carbondale office of Aspen Sotheby's International will align with Morris and Fyrwald Real Estate as part of a franchise deal announced this week, Lynn Kirchner, listing broker at the Carbondale location, confirmed Thursday (more)
Amazingly positive impact
Dear Editor: As the school counselor for 460 students at Aspen Middle School, I have seen the tremendous positive impact that mentoring has on our students (more)
Abigail Washburn & Sparrow Quartet play Aspen
ASPEN Perhaps because she came to the banjo relatively late in life, Abigail Washburn's ambitions with the instrument were modest 'I would strum on it every once in a while (more)
Auto Deaths Decline in 40 States; Less Driving, Seat Belts Cited
Automobile fatalities declined in 40 states in 2008, according to a survey of state highway safety agencies, an early sign that traffic deaths could dip to their lowest levels in four decades (more)
RBS says insurance is core part of business as sale plans pulled
AFTER ten months on the market, Royal Bank of Scotland has pulled the sale of its insurance arm after bidders failed to match its £6 7 billion price tag (more)
Freeskier Tanner Hall gets deferred sentence
BOULDER, Colo Freeskiing star Tanner Hall has been given a six month deferred sentence after pleading guilty to possession of drug paraphernalia (more)
Dissenting voices crucial
Dear Editor: Last week, Garfield County Commissioner John Martin introduced a resolution that would force county commissioners with differing opinions (more)
Ellsworth Fund Ltd.: Ellsworth Fund Ltd. Announces Earnings and Financial U
MORRISTOWN, NJ (MARKET WIRE) Ellsworth Fund Ltd (AMEX: ECF) today reported earnings, financial highlights and certain portfolio information for the three months ended December 31, 2008: (more)
Louisiana Agents Accused of Fraud, Theft, Pocketing Premiums
In two separate instances, Louisiana insurance agents recently have been accused of fraud and misappropriating premiums In one case, the Louisiana Department of Insurance Fraud Section (more)
Aspen weekend music scene hoppin'
ASPEN Aspen and the valley boast a slew of live music this weekend, including regular gigs by local musicians and performances by touring acts Iris DeMent, The Reverend Horton Heat and Reed Waddle, to name a few (more)
The Futura Loyalty Group Inc.: Aeroplan Expands Into Local Markets Through
TORONTO, ONTARIO (MARKET WIRE) The Futura Loyalty Group Inc (TSX VENTURE: FUT) today announced it has entered into a multi year agreement with Aeroplan that will enable Futura to offer Aeroplan Miles to small and mid size retailers and service prov (more)
Smithsonian opens Forensic Files of the 17th Century
Filed under: Arts and Culture, History, LearningThe Smithsonian Institution's National Museum of Natural History opens 'Written in Bone: Forensic Files of the 17th Century Chesapeake' Saturday, an anthropological exhibition studying the way that ear (more)
The movie listings: Aspen to Glenwood
'She's Just Not That Into You,' 'The Pink Panther' and 'Push' open this weekend at area theaters Here's what's showing, and when, at movie theaters from Aspen to Glenwood Springs (more)
Just plain un-American
Dear Editor: Last week, Garfield County Commissioner John Martin introduced a resolution that would force county commissioners with differing opinions (more)
U.S. Lawmakers Vow More Food Safety Funds As Peanut Recalls Set Record
Lawmakers vowed this week to press for stronger food safety laws and more money for inspections as the list of recalled peanut products surpassed 1,000 in an ongoing national salmonella outbreak (more)
Dozens in Aspen on Madoff's list
ASPEN Even when he was on the gondola Thursday, Aspen resident Steve Goldenberg could not avoid dealing with the Bernard Madoff scandal that has rocked dozens of local residents (more)
Island Insurance Offers Homeowners Equipment Breakdown Coverage
Honolulu based Island Insurance Co Ltd is offering equipment breakdown coverage to all homeowners policyholders The optional endorsement is available for $15 per year and covers the cost of (more)
Vacant Home Insurance - Is it Possible to Get Insurance For an Unoccupied
It's very important to have a good homeowner's insurance policy to protect such a huge investment but if your home is vacant it can be difficult and expensive to get the coverage you need There are a number of reasons why a house can be empty Maybe (more)
Trade Plan Insurance Bucks the Trend
Amidst difficult times Trade Plan Insurance sees turn over in its Motor Trade Insurance policies grow by over 25% (more)
Okla. AG 'Not Optimistic' About Settlement in Poultry Pollution Case
Oklahoma's attorney general says he remains hopeful, but not optimistic, about a pretrial settlement in the state's federal lawsuit against more than a dozen poultry companies accused of polluting (more)
The Hanover Group Sees Profits Shrink
Fourth quarter profits at The Hanover Insurance Group fell 55 percent from $75 8 million a year ago to $34 1 million Full year net income dropped nearly 92 percent to $20 6 million, from the (more)
Peter MacMahon's Business Blog: Brutal cull is latest phase of RBS recovery
ROYAL Bank of Scotland has promised that it will continue to sponsor the Six Nations rugby tournament until 2013 (more)
Aspen Reports Q4 Profits Down 83.9%, 78.8% Full Year
Bermuda based Aspen Insurance Holdings Limited reported a sharply decreased net profit after tax for 2008 of $103 8 million or an operating profit of $1 44 per diluted ordinary share and net (more)
Home Insurance Buyers Guide, LLC: State Farm Florida Stampede Reveals Frigh
LAKE WORTH, FL (MARKET WIRE) Home Insurance Buyers Guide, LLC (www homeinsurancebuyers org) today released the first look at the profile of State Farm Florida Insurance customers affected by last week's announcement The company offers a searchable (more)
eHealth, Inc.: eHealthInsurance Answers Frequently Asked Questions on Unemp
MOUNTAIN VIEW, CA (MARKET WIRE) eHealthInsurance, the leading online source of health insurance for individuals, families and small businesses, today released a list of answers to questions frequently asked in its customer care center The customer (more)
Stiff test looms for Aspen hockey team
ASPEN December is a distant memory for the Aspen Hockey team (more)
Automobile Club of Southern California Reducing Auto Rates 5.4%
The Automobile Club of Southern California announced it would be implementing a $101 million rate reduction for insurance policyholders in California, an average decrease of 5 4 percent As (more)
Aspen freestyle skiers stand out on home snow
ASPEN Jack Sullan had a solid showing on home snow (more)
Sci-fi thriller 'Push' makes for some tasty brain candy
'Push' pulls into the multiplexes without much baggage A thriller about expatriates with paranormal powers, the movie doesn't trail an entrenched superhero franchise that has been reheated every year to offend the fanboys (more)
Lloyd's Makes Appointments to Council and Franchise Board
Lloyd's has announced the following appointments to its Council and Franchise Board: Lord Levene was re elected as Chairman of Lloyd's; Andreas Prindl was elected as a Deputy Chairman, and (more)
Ohio Among States Weighing Tougher Seat Belt Laws to Get Funding
More cash strapped states want to give law enforcement officers the authority to pull over motorists who aren't wearing seat belts The 15 states, including Ohio, that are considering making (more)
Make Certain in Uncertain Times
Many buy to let investors are under insured And with the uncertain economic economy now is the time to take stock of the situation Ensuring you have the right amount of landlord insurance may increase your premium, but you will find that money goes (more)
Rent Guarantee Insurance - To Claim Back Your Rent!
Have you rented out your house? Are you not living in that house any more, is your property being let out? Don't you think you need to insure your property or house that is rented out in order to allay any damages caused to your building and to recov (more)
Eco-friendly car insurance can cost more
Eco friendly car insurance can cost more (more)
Martin's 'Panther 2' a declawed comedy
If there's a huge error behind 'The Pink Panther 2' other than the mistake of producing the sequel in the first place it's pairing Steve Martin with John Cleese, then failing to capitalize on their potentially explosive verbal exchanges (more)
Tune in for the V Australia 777 Launch
Filed under: Business, Airlines, Airports, NewsThe world's newest Transpacific carrier takes delivery of their first Boeing 777 aircraft this week, as executives from V Australia and Virgin converge in Los Angeles for the ceremony Tomorrow afternoon (more)
No CO detector rule for now in Glenwood Springs
GLENWOOD SPRINGS Glenwood Springs plans to wait on pending state legislation before pursuing its own carbon monoxide detector requirements (more)
Thanks to the angels on our shoulders
Dear Editor: On a recent day on Highlands, I hit some trees on stage left I have a lot to be thankful for (more)
Doral Financial Corporation: Doral Financial Corporation Declares Cash Divi
SAN JUAN, PUERTO RICO (MARKET WIRE) Doral Financial Corporation (NYSE: DRL), a diversified financial services company, announced that it had declared the regular monthly cash dividends on the Company's 7% Noncumulative Monthly Income Preferred Stock (more)
Maryland Suit Claims Restaurant Drink was Cleaning Chemical
A Baltimore woman says when she ordered an iced tea at a local McDonald's restaurant last year, employees gave her a cup containing a cleaning chemical Caryl Jones has filed a $100,000 lawsuit (more)
Allied World Q4 Net Income Down 83.9%; Full Year Drops 60.8%
Allied World Assurance Company Holdings reported net income of $19 9 million, or $0 39 per diluted share, for the fourth quarter of 2008 compared to net income of $123 0 million, or $2 01 per (more)
Todd Hartley: I'm With Stupid
I was reminded recently of an old friend of mine who once tried to steal a pork tenderloin from a grocery store in Aspen by stuffing it down his pants (more)
Aon Hit With Q4 Benfield Merger Costs But Broker Commissions Grow Slightly
Aon Corp , the largest global insurance brokerage by assets, reported that net income fell 95 percent in the fourth quarter as it incurred costs related to restructuring and its merger with (more)
SCOR: Prestigious Redmayne report recognises SCOR with three awards in Life
PARIS (MARKET WIRE) (more)
UAE - Young Life Insurance Sector Maturing with Growing Awareness
Expanding population, extended expat residencies, growing financial awareness and rising need of life insurance products from mortgage owners will boost the UAE life insurance sector (more)
It's job security not lending that's the problem, says builder Bellway
BELLWAY finance director Alistair Leitch yesterday warned that the housing market was being depressed more by fears over job security than credit availability, as the housebui (more)
Off the Beaten Path in Egypt
Filed under: Arts and Culture, History, EgyptEgypt is one of those countries that is incredibly rich with history and culture that it's nearly impossible to see it all on just one visit Traditionally visitors to the desert country fly into Cairo and (more)
Oklahoma Bill Targets Political Donations of Workers' Comp Attorneys
Legislation filed by Oklahoma state Rep Dan Sullivan would ensure that unethical lawyers cannot siphon money from injured workers for political donations, according to the Oklahoma House of (more)
The Doctors Company: Santa Barbara County Medical Society Awards The Doctor
NAPA, CA (MARKET WIRE) The Doctors Company, the largest national insurer of physician and surgeon medical liability, has received the exclusive endorsement of the Santa Barbara County Medical Society (SBCMS) as the preferred medical liability insure (more)
World Financial Group: Kevin Palmer Named to New Role at World Financial Gr
DULUTH, GA (MARKET WIRE) Kevin Palmer, President of World Financial Group, Inc 's affiliated companies World Group Securities, Inc (WGS) and Investment Advisors International (IAI), was recently named Executive Vice President for World Financial Gr (more)
OpenPages: OpenPages Sponsors Webinar With Carnival Corporation Audit and R
WALTHAM, MA (MARKET WIRE) (more)
DDN Mortgage Services: Phil Johnsen Named President of DDN Mortgage Service
SALT LAKE CITY, UT (MARKET WIRE) DDN Mortgage Services, LLC announced the promotion of Phil Johnsen, currently its VP of Mortgage Services, to the position of President (more)
Lieberman Appointed to Barney & Barney LLC Board
San Diego headquartered insurance brokerage Barney & Barney announced that Arlene Lieberman, a principal of the firm, has been appointed to serve on the firm's board of directors This governing (more)
Integrated Asset Services: IAS Rolls Out Groundbreaking Due Diligence Servi
DENVER, CO (MARKET WIRE) Integrated Asset Services, LLC (IAS), a leader in default management and residential collateral valuation, introduced today iCDA(TM) Credit Due Diligence Analytics (), a revolutionary package o (more)
New York Proposes Compensation Disclosure Rules for Agents
Despite earning praise from major insurance brokerages, a proposed new regimen of compensation disclosure rules for insurance producers has New York agents on edge The draft regulations (more)
UN Secretary-General Says Domestic Politics Undermine Climate Fight
A climate deal at Copenhagen may not be possible unless politicians take tough decisions without worrying about winning elections and compulsions of their domestic politics, the U N (more)
Scrutineer: Spanish eyes are smiling
SPANISH owned Abbey has done the neat trick of pushing up annual profits impressively while plunging into what is supposed to be a devastated mortgage market (more)
Foundation for Health Coverage Education: Millions More Americans Now Eligi
SAN JOSE, CA (MARKET WIRE) America's uninsured and working poor looking to qualify for public health programs got an economic assist in January as the 2009 Federal Poverty Level (FPL) guidelines were increased by the federal government The end res (more)
Cavignac & Associates Appoints Hatcher Director of First Impressions
Cavignac & Associates, a San Diego based risk management and commercial insurance brokerage firm, has appointed Amanda Hatcher director of first impressions In her new position, Hatcher is (more)
The First Marblehead Corporation: First Marblehead to Present at the Americ
BOSTON, MA (MARKET WIRE) The First Marblehead Corporation (NYSE: FMD) announced today that Gary Santo, Managing Director and co head of Capital Markets, and Dana Arvidson, Vice President, Capital Markets will present during the annual meeting of the (more)
BestHealthcareRates.com: As the Unemployment Numbers Grow Consumers Seek He
ARROYO GRANDE, CA (MARKET WIRE) Many individuals who have recently become unemployed are grappling with the decision of what to do about lost health insurance Options include signing up for COBRA, venturing into the world of individual medical insu (more)
PIMCO: PIMCO Launches Global Advantage Strategy Bond Fund
NEWPORT BEACH, CA (MARKET WIRE) PIMCO, a leading investment management firm, has launched the PIMCO Global Advantage Strategy Bond Fund, designed to help fixed income investors seize opportunities created by dramatic shifts in the global economy Th (more)
Vero underwriting branded insurance for ANZ, National
The ANZ and National banks are to start selling insurance company Vero's products, as their existing relationship with rival Tower ends in acrimony The Vero arrangement begins on March 1, the same day the Tower contract was due (more)
Julius Baer Holding: Julius Baer Group: 2008 full-year results
ZURICH, SWITZERLAND (MARKET WIRE) (more)
S&P, Best Put Swiss Re's Ratings on Negative Credit Watch
Reactions from the rating agencies to Swiss Re's announcement of further losses (See IJ web site ) has been swift A M (more)
Washington Considers Pay-As-You-Drive Insurance
Washington is the lastest state that is considering implementing pay as you drive legislation, in which drivers would pay insurance premiums based in part on the miles driven per year Senate (more)
Florida Home-Grown Insurer Says It's Ready for 30,000 State Farm Policies
After State Farm announced it would be leaving behind 1 2 million property policyholders within the next two years, state officials expressed confidence that the private insurance market, (more)
Willis Survey Finds Increasing Litigation Risk for UK Financial Firms
In a recent financial lines seminar sponsored by Willis Group Holdings, nearly 90 percent of those attending indicated they believe the current economic climate has increased the risk of (more)
Lenders banned from selling payment protection for seven days
Lenders banned from selling payment protection for seven days (more)
BestHealthcareRates.com: Lowering Healthcare Costs Is Vital to Surviving a
ARROYO GRANDE, CA (MARKET WIRE) With unemployment rates reaching the highest levels in recent memory, BestHealthCareRates com is encountering many questions regarding COBRA and COBRA alternatives Understanding COBRA, and the problems inherent in th (more)
Families' Lawsuit Blames Florida Hospital Mold for Kids' Deaths
The families of three pediatric cancer patients sued a Florida hospital this week, claiming their children died after contracting fungal infections from renovations being performed at the (more)
Can You Afford to Sacrifice Home Insurance?
With the recession biting into finances in the UK, many are looking to cut back on non essentials For four per cent of those surveyed that means sacrificing home insurance but is this a risk worth taking? (more)
The Hartford Reports Loss for 2008, 'Most Challenging' Year in History
The Hartford Financial Services Group, Inc reported a fourth quarter 2008 net loss of $806 million For full year 2008, The Hartford reported a net loss of $2 7 billion, compared to net income of (more)
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