INSURANCE Today for Friday February 13th, 2009

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Home Insurance - Cincinnati Residents Get a Quick Overview on Building Insu
Even though taking a Cincinnati building insurance is not a compulsion, it is advisable to take one With an increase in crime rates and natural disasters in Cincinnati, it is best to invest today than repent tomorrow (more)
CNB Financial Q4 earnings decline
CNB Financial Corporation has reported a net income of $685,000, or $0 08 per diluted share, for the fourth quarter of 2008, compared to $2 4 million, or $0 28 per diluted share, in the fourth quarter of 2007 (more)
Texas Lawmakers Outline Hurricane Mitigation Recommendations
The state of Texas should require certain businesses like gas stations and nursing homes to have backup power generators to avoid the massive disruptions caused by Hurricane Ike, according to (more)
Antarctic Tourism Down
Filed under: Activism, Antarctica, Ecotourism, CruisesThe International Association of Antarctica Tour Operators or IAATO is reporting that the number of tourists visiting Antarctica dropped dramatically in 2008 according to a report from Outside Onl (more)
Cheesesteak or Hoagie: Which sandwich rules in Philadelphia?
Filed under: Food and Drink, United StatesI'm writing this from Philadelphia, where I've been thinking a lot lately about sandwiches In the City of Brotherly Love, you can't help it, really Any city with one signature sandwich can count itself pre (more)
Florida Rejects State Farm Withdrawal Plan; Requires Major Conditions on Ci
Florida Insurance Commissioner Kevin McCarty has offered a withdrawal plan for State Farm Florida Insurance Co and its parent company with major conditions that were not in the original plan (more)
The Most Romantic Cruises: A Valentine's Primer
Only a handful of cruises is categorically, subjectively, and unquestionably romantic, and these five choices are the best of the best, veritable floating love machines, and Harlequin novels with hulls (more)
Kentucky Ice Storm Death Toll at 35; Early Losses at $130 Million
Kentucky officials say the Jan 27 storm that blanketed the region with ice and snow has taken 35 lives About 769,000 customers lost power at its peak, and almost 50,000 are still without (more)
Zurich's specialties business unit names head of specialty errors and omiss
Zurich, a provider of property and casualty insurance in North America and globally, has appointed Brad Gow to head the specialty errors and omissions group of its specialties business unit (more)
Is a romantic getaway in your future?
Filed under: Nightlife, News Nothing beats dashing off for a weekend of pure bliss Your husband, wife, girlfriend, whatever plans a great trip to a romantic spot, and you're the main event Well, you've probably noticed in my Valentine's Day posts t (more)
Explore shopping locally
Dear Editor: One friend sold her bookstore, another is trying to because of all the online buying (more)
Great American Adds Binding Option to Web Site
Cincinnati, Ohio based Great American Insurance Group's Executive Liability Division, now offers binding functionality in addition to online quoting for nonprofit organizations on its (more)
A double standard
The recent decision by both Aspen newspapers to print the names of the local victims of the Bernard Madoff scandal has unearthed some staunch critics (more)
Bassist Carlsson saddles up with Gov't Mule
ASPEN Bassist Jorgen Carlsson has done plenty of studio work including several albums by Jim Brickman, known for his delicate, New Agey piano recordings to know the nature of such gigs (more)
Gallagher Buys Waco Agency
Arthur J Gallagher & Co announced it has acquired Fidelity Benefits & Insurance Services in Waco, Texas Founded in 2003, Fidelity Benefits & Insurance Services (FBIS) is an employee (more)
Merchants Insurance Group's New E&S Subsidiary OK'd in 10 States
Buffalo, N Y based Merchants National Insurance Company, a wholly owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb 1, 2009 The company (more)
Basalt stimulus package comes from new bakery's goodies
BASALT Basalt received a different kind of stimulus package this winter Instead of millions of dollars from the feds it came in the form of fried to order doughnuts, cream filled eclairs and fresh baked breads (more)
Plane crashes and traffic accidents
Filed under: Stories, Airlines, Airports, NewsThe first thing I read this morning was the news about the plane crash of Flight 3047, a stark contrast to the landing of Flight 1549 into the Hudson Perhaps, this is why Chesley B 'Sully' Sullenberger (more)
Big air kicks off busy weekend in Aspen/Snowmass
ASPEN Big Air Fridays are back at Snowmass, the Aspen Santa Fe Ballet performs a two night run, improv comedy comes to the Wheeler Opera House, there's an uphill challenge at Buttermilk and a host of opening receptions at area art galleries (more)
Vonn to race in world slalom despite thumb injury
VAL D'ISERE, France Lindsey Vonn will compete in Saturday's slalom at the world championships after slicing her thumb on a broken champagne bottle and needing surgery (more)
Best Indicates 2008 Loss Won't Affect Catlin Group's Ratings
A M Best Co has commented that the ratings of the Bermuda based Catlin Group and its subsidiaries remain unchanged following the publication of the group's full year 2008 results Best said (more)
Eastern Insurance reports net loss in Q4
Eastern Insurance Holdings has reported a net loss of $18 4 million or $2 1 per diluted share in the fourth quarter of 2008, compared to a net income of $7 7 million or $0 76 per diluted share in the same period of 2007 (more)
Ratings Recap: Fuji Fire, Munich Re (Mauritius), Ballantyne Re
A M Best Co has downgraded the financial strength rating (FSR) to 'B++' (Good) from 'A ' (Excellent) and the issuer credit rating (ICR) to 'bbb+' from 'a ' of The Fuji Fire & Marine Insurance (more)
Roger Marolt: Roger This
There is an old adage in town that goes something like, 'the profits are always bigger on the other side of Aspen Mountain ' (more)
Paul E. Anna: High Points
Nobody has to tell us these are tough times (more)
The Very Best Foreign National Parks
Filed under: Arts and Culture, Hiking, South Africa, Nepal, Croatia, Hungary, United Kingdom, Guatemala, Australia, New Zealand, Argentina, Camping, EcotourismThe Coalition of National Park Services Retirees (yeah, I didn't know they existed either) (more)
Budget Travel: StudentUniverse.com
Filed under: Airlines, Transportation, Budget Travel, Travel DealsDo students know how good they have it? Discounted travel, I mean They even have their own discount student travel agencies that book travel that's cheaper and tailored to their needs (more)
AIG may sell US auto insurance unit to Zurich
American International Group, or AIG, which was rescued by the governments funds, is reportedly in advanced talks with Swiss insurer Zurich to sell its US auto insurance unit (more)
The movie listings: Aspen to Glenwood
'The International,' 'Confessions of a Shopaholic' and 'Friday the 13th' open this weekend at area theaters Here's what's showing, and when, at movie theaters from Aspen to Glenwood Springs (more)
Cody Joseph Allen Decker
Cody Jo passed away in his father's arms at Valley View Hospital on Monday, Feb 9, 2009, at 9:30 a m He was born on Oct 18, 1985 (more)
Large Pickups Fare Poorly in Insurance Institute Safety Crash Tests
Three large pickup trucks, which serve as workhorses for construction crews, farmers and small business owners, are not providing good protection in side crashes, according to tests conducted by (more)
PAYD Insurance Market Update
This report will help you to: Realise how cooperative partnerships can help deliver a complete usage based insurance platform Understand the key success factors of the most successful global strategies for usage based insurance Recognise the un (more)
Zurich's surety, credit and political risk unit joins with SACE
Zurich in North America's surety, credit and political risk group has completed an initial transaction with SACE Group, a credit insurance group controlled by Italy's Ministry of Economy and Finance (more)
Todd Hartley: I'm With Stupid
It's hard to decide which was the dumber sports story making the rounds earlier this week between the Michael Phelps bong photo and the Alex Rodriguez steroid saga (more)
Michigan Man's Alleged Insurance Arson Leads to Murder Charge
A Detroit man faces first degree murder and arson charges in the 2004 deaths of two men he had hired to burn down a building he owned in south central Michigan Attorney General Mike Cox says (more)
ING to cut 2,700 jobs in Netherlands
Dutch financial services group ING plans to cut 2,700 jobs in the Netherlands, as part of its worldwide restructuring announced in January 2009 (more)
North Carolina Construction Worker Wins Case Over Hostile Workplace
A federal jury has awarded $50,000 to a North Carolina construction worker who says co workers hurled racial epithets at him, shot nails toward him and even tried to hang him on a job site (more)
Medicare Blow to Virtual Colonoscopies
Medicare has tentatively decided not to pay for virtual colonoscopies, dealing a setback to a technique that medical experts recommend for colon cancer screening (more)
Aspen freezes wages, keeps bonuses
ASPEN The 314 employees who work for the city of Aspen will have their wages frozen this year, but some will still receive bonuses that reward them for meeting goals and being outstanding workers (more)
Consequences for idling
Dear Editor: The City of Aspen Environmental Health Department reminds drivers that it is illegal to let a vehicle idle for more than five minutes in the city limits (City Ordinance 13 08 110) (more)
Validus Q4 Net Income Drops 73% to $37 Million; FY Net $53.1 Million
Bermuda based Validus Holdings reported net income for the quarter ended December 31, 2008 of $37 0 million, or $0 47 per diluted common share, compared with net income of $139 0 million, or $1 77 (more)
Police: Powder that led to Eagle evacuation was pudding
EAGLE, Colo Authorities say the mysterious white powder that prompted evacuations at the Eagle County sheriff's office last month has been identified as instant pudding (more)
Cops arrest alleged fake federal agent
Aspen police arrested a Basalt man Tuesday accused of impersonating a peace officer after he failed to appear for a hearing on the issue in Pitkin County District Court (more)
Georgia Senate Panel Advances Food Safety Measure
A sweeping new food safety measure proposed in the wake of the salmonella outbreak easily passed its first key legislative hurdle this week as Georgia lawmakers sought to reassure antsy residents (more)
Obama pushes Congress to vote on bill
EAST PEORIA, Ill President Barack Obama on Thursday rallied for bipartisan support for his economic plan, but his pitch was overshadowed by the stunning defection of a Republican he chose for his Cabinet (more)
Livin' la vida expat in Dubai isn't as snazzy as it used to be
Filed under: United Arab, NewsForget New York City the world capital of spend, spend, spend has long been Dubai This is literally where the sky was the limit, and when they ran out of sky, they simply built out into the ocean Thousands upon thousa (more)
Giving snowboarding a bad name
Dear Editor: Regarding the article on three punks ('Wanted: three punks,' Feb 10) (more)
Family Leave Insurance
To the Editor: (more)
Healing art: Aspen Santa Fe Ballet embraces cathartic work
ASPEN The experience of art is always personal: Each audience member brings to the work their particular history, sensibility and mood, and sees the art through those filters (more)
Continental Airlines Flight Crashes in Upstate New York
A Continental Airlines flight out of Newark, New Jersey crashed late last night into a house in Buffalo, New York bursting into flames and killing 44 passengers, four crew members and one (more)
Wash. Gov Wants December Storm Help for 33 Counties
Washington Gov Chris Gregoire wants 33 counties to be declared disaster areas so that residents and business owners can get assistance to repair damage from December snow and (more)
King of Shaves AlphaOil: A super-small shaving option for travel
Filed under: GearIf you're a guy, shaving while on the road can be a pain, especially if you're like me and try to keep the amount of toiletries you pack to an absolute minimum Before the advent of travel size shaving cream, you had to pack a full ca (more)
Aspen cops blotter: Speeding and evading an officer
Aspen police officer Adam Loudon was on patrol when he spotted a vehicle traveling at a high rate of speed on Highway 82 (more)
Checking tyres could prevent a breakdown
Motorists who do not want to end up relying on their car insurancebreakdown cover in the coming weeks may want to check their tyres, it has been suggested Protyre warned the kind of bad weather the UK has seen recently can play havoc with these car p (more)
Herbert H. Landy Agency Offers New Real Estate E&O Program
The Herbert H Landy Insurance Agency based in Needham, Mass , introduced the Real Estate Express Application, an errors and omissions insurance product for independent real estate agents and (more)
Sun Life Financial Q4 net income drops
Canada based Sun Life Financial has reported a net income of C$129 million, or diluted earnings per share of C$0 23, for the fourth quarter of 2008, compared with C$555 million, or diluted earnings per share of C$0 97, in the same quarter of 2007 (more)
Bad economy brings new breed of Colorado ski worker
DENVER Business was good when Rick Daniluk, a self employed Internet technology consultant, bought a house in Colorado ski country last summer (more)
A&K does the unimaginable
Filed under: Africa, Botswana, Egypt, Kenya, Zambia, Hotels and Accommodations, Travel DealsLuxury travel company Abercrombie & Kent is getting ready to surprise you On February 19, 2009, it will celebrate its newly redesigned website with an un (more)
North Dakota Sticks With State Monoply of Workers' Compensation Insurance
North Dakota's workers compensation insurance monopoly still has strong support in the state House Representatives voted 86 7 this week to defeat a bill that would have allowed North Dakota (more)
Compromise reached on Colorado gambling funds
DENVER College supporters and the state Historical Society reached a deal Thursday to share the extra money that Colorado casinos are expected to rake in under new, looser rules (more)
Veazy's available for luncheons, too
Dear Editor: Isn't it boring how these whining anti American Aspen business owners are complaining about not having enough American suckers in town as 'most of them are bracing for further financial hard times' ahead ('Economy brutal to business (more)
Reduce Your Home Insurance Rate Using Free Quotes
Facing a lot of risk does not come up if you think reducing your coverage will lower the rate you pay on your home insurance When you reduce your coverage, you are exposed to so much risk But there are step you need to lower the rate you pay withou (more)
December a downer for tax receipts
Pitkin County's sales tax receipts for December 2008 were down by more than 15 percent compared to revenues in December 2007, an official said on Thursday (more)
Kane to be Basalt town manager
BASALT Bill Kane has been hired as Basalt's town manager, Mayor Leroy Duroux announced Friday (more)
Arkansas House Approves Bill Allowing Guns in Churches
The Arkansas House of Representatives has approved a bill allowing concealed handguns in churches, despite hearing arguments that lawmakers should put their faith in God, not guns The bill, (more)
Southwest Airlines spices up a 7-3-7 with a bit of 34-24-35
Filed under: Photos, AirlinesSouthwest Airlines just unveiled their newest flying PR stunt in the sky One of their 737's has been decorated with a sexy photo of Israeli model Bar Refaeli This 23 year old (who by the way is taken, she's dating Leona (more)
USAA Closing Sacramento, Norfolk Offices
USAA, a diversified financial services company, announced it will close its Sacramento, Calif , operations and part of its Norfolk, Va , operations, consolidating operations into other U S (more)
Transportation RFTA board will likely look at budget proposals in March
The Roaring Fork Valley's bus service might be cut as soon as April if sales tax revenues dive over the next couple months (more)
Pennsylvania Woman Who Sang about Fire Charged with 7 Arsons
Police in a Philadelphia suburb say a 19 year old woman accused of arson was caught on a surveillance camera singing, 'The fire department is going to be mad at me '' Police say Amanda Gessner (more)
British corporation sues Base Village developer
As if Base Village developer Pat Smith does not have enough worries, now he has been accused of financial misdeeds in a Snowmass luxury home project (more)
London goes on sale
Filed under: Budget TravelLate last summer, during a visit to London, I joined the chorus of those who complain constantly about the expense of Europe's largest city For first time visitors, the expense comes more as a surprise For more frequent tra (more)
Ratings Recap: CAPCO, Farmers Mutual
Standard & Poor's Ratings Services has lowered its counterparty credit and financial strength ratings on Customer Asset Protection Co (CAPCO) to 'B ' from 'BB' S&P has also removed the ratings (more)
Ouch
Dear Editor: 'On the Hill' with Carolyn Sackariason (Feb 10) is definitely not a cool place to be (more)
Boulder architect, RMI exec reported missing
BOULDER, Colo A Boulder architect and executive with Rocky Mountain Institute, headquartered in Old Snowmass, has been missing since Monday (more)
HBOS set to announce £10 billion loss for last year
LLOYDS Banking Group warned today that HBOS could post annual losses of around £10 billion for 2008 (more)
Northern Trust to provide insurance accounting solution for ProMutual Group
Investment management firm Northern Trust has been appointed to provide an insurance accounting and financial reporting outsourcing solution for ProMutual Group, a US based provider of medical liability insurance (more)
Nevada Workers' Comp Loss Costs, Risk Rates to Decrease
Nevada Insurance Commissioner Scott Kipper has approved revised workers' compensation voluntary loss costs and assigned risk rates filed by the National Council on Compensation Insurance (NCCI) (more)
Max Capital posts Q4 net loss
Max Capital Group has reported a net loss for the fourth quarter ended December 31, 2008, of $94 1 million, or $1 67 per diluted share, compared to a net income of $62 4 million, or $1 per diluted share, for the same quarter of 2007 (more)
Enterprise adds 5000 hybrid cars to their rental fleet
Filed under: Transportation, Ecotourism, NewsPeople are apparently not renting cars as often as they used to But while some car rental firms are closing up shop, others are taking those lemons and making 'green lemonade' Enterprise rent a car just (more)
Life Nomadic: Traveling without Planning
Filed under: Panama, Life NomadicAhh, and we're back After a semi hiatus of a few months, Todd and I are back to the full nomad lifestyle I say semi hiatus because within those four months we both spent a good amount of our time traveling around th (more)
Ex-Candidate for Delaware Commissioner's Office Switches Parties
John F Brady, a Republican who ran for insurance commissioner, has become a Democrat Brady, the recorder of deeds for Sussex County, changed registration Tuesday afternoon He is keeping (more)
Texas Mutual Wins National Employee Wellness Award
Texas Mutual Insurance Company is one of 10 employers across the country that have won UnitedHealthcare's Well Deserved Award The award recognizes employers who demonstrate a commitment to (more)
Fiesta may help women protect their cheap premiums
Women drivers with allergies who know just how distracting it can be to suffer a reaction behind the wheel may be impressed by the new Ford Fiesta The model has been declared suitable for motorists with allergies by the European Centre for Allerg (more)
Photo of the Day (02/12/09)
Filed under: Photo of the DayWhile I'm sure Ylwstonegirl98 is thrilled that we chose her picture for our photo of the day today, but I suspect she's just a little more excited to see it in the Yellowstone Association's 2010 Calendar Apparently, it's (more)
Much ado about nothing:Trail closure remains untouched
Environmentalists and trail advocates tangled for a third time in three years Thursday but neither faction convinced the Roaring Fork Transportation Authority to alter management of a segment of the Rio Grande Trail (more)
Travel sans visa coming for European, Caribbean, Mauritius, and Seychelles
Filed under: Europe, Oceania, NewsA mutual agreement allowing Europeans, nationals from four Caribbean countries, and citizens of two island nations in the Indian Ocean is expected to be passed and approved by the end of March, which will allow for h (more)
Simple Steps to Avoid Home Insurance Claims
The Government has promised a crime prevention fund to increase security measures for the vulnerable but research from a home insurance provider shows that simple steps by property owners could drastically reduce the risk of crime With a four pe (more)
Citibank opens new branch in Sokolniki
Citibank has opened its new branch in Sokolniki in Moscow Russia, to serve consumer customers (more)
Bomb scare closes Garfield County Courthouse
GLENWOOD SPRINGS Victoria Chaston was almost done with court when she was forced to leave early because of a bomb threat (more)
AIG may sell US auto insurance unit to Zurich
American International Group, or AIG, which was rescued by the government's funds, is reportedly in advanced talks with Swiss insurer Zurich to sell its US auto insurance unit (more)
A luxurious Airbus A380, as conceived by Lufthansa
Filed under: Photos, AirlinesWith the economy the way it is and companies across the board cutting back on luxury perks for its executives, it's probably a little surprising to learn that some airlines are nevertheless moving forward with plans to pi (more)
Best Place to Compare Homeowners Insurance Quotes
When you're in the market for homeowners insurance, it's important to take the time to compare homeowners insurance quotes This article shows you a quick and easy way to find the cheapest rates (more)
VW may impress van insurance customers
Van insurance customers who like to support companies that demonstrate a commitment to road safety may be impressed by Volkswagen The company recently announced it has become a member of TyreSafe making it the first vehicle manufacturer to sign up (more)
New Enhancements to Scottish Widows' Corporate Pensions Proposition
Scottish Widows is launching two new enhancements to its Corporate Pensions proposition, allowing for improved variety and versatility, and giving advisers and employers the possibility of offering tailored pension solutions designed to meet the need (more)
Zurich Taps Gow to Head Specialty E&O Unit
Brad Gow joined Zurich North America to head the Specialty Errors & Omissions (E&O) group of its Specialties business unit In this role, Gow will head a nationwide team in delivering (more)
Health Care Groups Soften Attacks on Governor?s Budget Cuts
Heath care groups have decided to stop running an advertisement featuring a blind man questioning Gov David A Paterson?s health care budget plan (more)
How Not to Get Blindsided by Out-of-Network Fees
What patients and insurers consider 'reasonable and customary' are often not aligned (more)
FSA staff in line for £33m bonus payouts
EXECUTIVES and staff at the regulator of the financial services sector are in line for up to £33 million of bonuses and pay rises, it emerged today (more)
9/11 widow dies in Buffalo plane crash
Filed under: North America, United States, Airlines, Video, Airports, NewsBeverly Eckert, widow of 9 11 victim Sean Rooney, perished on Continental Airlines Flight 3407 last night She was on her way to Buffalo to celebrate what would have been her h (more)
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