INSURANCE Today for Wednesday March 11th, 2009

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Your Apartment Needs Coverage
Apartment rentals insurance is an ideal policy for you After the day's hustle, it won't be a bad idea if you relax your body in an insured apartment Do you know that in a twinkling of an eye you can lose all you've invested in your home? And replac (more)
Aspenite's fatal fall came on heavily used route up glacier
Aspen climbing guide Travis Lizotte and three students were crossing an ice bridge that is regularly used and was successfully crossed by another team minutes earlier when disaster struck on a peak in Argentina on Sunday, according to an Outward (more)
AIG Bailout Good For Goldman Sachs, Other Banks But Not For Investors
The $173 billion government rescue of American International Group Inc is stoking resentment among investors who see it as a backdoor taxpayer bailout of Goldman Sachs Group Inc and other (more)
Another dealer shows its commitment to good customer service
Drivers who like to ensure their vehicles are well maintained in a bid to reduce the chances of having to make a van insurance claim may welcome the news another firm has committed itself to the Motor Industry Code of Practice for Service and Repair (more)
Facilities Broking Team Joins Oxygen Insurance Brokers
London based Oxygen Insurance Brokers has announced the creation of a Facilities broking team, headed up by Donald Alcorn and Jonathan Woods The team 'will place bespoke binding authorities for (more)
Buy Flood Insurance, Wisconsin Officials Tell Homeowners
State emergency officials want homeowners to get flood insurance Flooding in August 2007 caused $112 4 million in damage to property and crops Another round of floods in June 2008 caused more (more)
The Best Places To View Penguins!
Filed under: Africa, South America, South Africa, United States, Australia, New Zealand, Chile, Ecuador, EcotourismThere is something about penguins that seem to capture our imaginations Perhaps it's the fact that these funny looking birds are fligh (more)
U.S. Airlines hoping for a successful summer
Filed under: Airlines, Budget Travel, NewsLet's file this one under 'boo hoo' U S Airlines are hoping that summer air travel will help dig them out of the slump they have been in for the past year(s) As business travel has plummeted, consumers try (more)
Amaxx : Slash Workers' Comp Costs With Two Guidebooks From Amaxx Risk Solut
HARTFORD, CT (MARKET WIRE) Two new guidebooks from Amaxx Risk Solutions show employers how to slash their workers' compensation costs (more)
Policyholders of Failed HIH Insurance Company Receive Millions in Payments
Hawai'i Insurance Commissioner J P Schmidt has released the final payments from the estate of the failed insurer HIH America Insurance Company of Hawai'i Inc HIH Hawai'i has now paid 100 percent (more)
Vail's Vonn wins second World Cup title
ARE, Sweden Perfect start, perfect ending for Lindsey Vonn (more)
Stop Colorado's biggest coal mine
Dear Editor: (more)
Mums urged to belt up
Mums may find making a claim on their specialist female car insurance is the least of their worries in the event of an accident if they or their passengers are not wearing a seatbelt, it has been suggested West Yorkshire police are running a two (more)
Mississippi Considers 'Fire-Safe' Cigarettes Law
Mississippi might join three dozen other states in requiring that cigarettes extinguish themselves if left unattended The so called 'fire safe cigarettes'' are made with two or three bands of (more)
Everest Names Herman to Head New Specialty Group
The Bermuda based Everest Re Group has appointed Mark Herman as President of its newly created Everest Specialty Underwriters, effective immediately The new division is based in New York and (more)
Winning tyres could protect cheap van insurance premiums
Drivers keen to avoid a claim on their van insurance may want to consider fitting their vehicle with award winning Kumho tyres The company's products recently came out on top in an independent test run by Russian publication Za Rulem During the trial (more)
Assurant appoints new CFO
Assurant, a provider of insurance products and services, has appointed its interim CFO Michael Peninger as the new executive vice president and CFO (more)
De-Stress the Recession at 5 Affordable Spas
You can still treat yourself to some R&R without totally blowing the budget at a number of affordable spas around the U S , from Arkansas to Vermont, and North Carolina to Wisconsin (more)
National Flood Insurance Program Gets Short-Term Extension
The U S Senate passed a measure extending the nation's flood insurance program through September 2009 last night While the U S House of Representatives passed an extension to the National (more)
Low Settlements Top Washington Insurance Complaints
The top three reasons Washington consumers filed formal complaints against their insurance companies in 2008 were unsatisfactory settlement offers, claims denials, and delays, according to state's (more)
Gowrie Group Opens Rhode Island Office
Wetsbrook, Connecticut based insurance agency The Gowrie Group has officially opened its Newport, Rhode Island office The office is located in the newly renovated 1831 Aquidneck Mill, which (more)
Wildfire Threat in Mississippi Rated High
A Mississippi forestry official says property owners should be cautious when burning leaves or brush because conditions are ripe for wildfires Jimmy Mordica, director of conservation education (more)
Texas Mutual Fraud Investigations Recover $4.1M in 2008
Texas Mutual Insurance Company reported that it saved or recovered $4 1 million through its workers' compensation fraud investigations in 2008 According to the company, the $4 1 million (more)
State denies auto rate hikes to 7 firms that used credit scores
State insurance Commissioner Ken Ross said the rate denials will send a message that credit scoring unfairly discriminates against motorists and that it allows insurers to inflate the cost of auto insurance (more)
Su Lum: Slumming
In last Sunday's Aspen Times Weekly, John Colson, in his column 'I'm making a big stink out of a little peeve,' took a whack at 'the growing misuse of the word, 'hopefully '' (more)
The Different Types of Home Insurance Policies
Getting a package policy for your home insurance is actually less expensive than getting individual policies for your home If you want a combination policy that includes coverage for property, theft, medical and liability coverages, then a package h (more)
On the Hill: The wasteland
Man, this crap is everywhere (more)
Garfield County seeks cop impersonator
GLENWOOD SPRINGS The Garfield County Sheriff's Office is investigating a report of a man posing as a deputy on Interstate 70 near New Castle, and warning motorists to be cautious (more)
Michigan Denies Auto Insurance Rate Hikes Because of Credit Scoring
Michigan's regulator has reignited a debate over credit scoring by denying auto insurance companies requested rate increases because their proposed rate schemes include discounts for good credit (more)
Group: Indoor tennis would be smash
ASPEN A local group of tennis nuts wants to put a bubble over four of the tennis courts at the Aspen Golf Club, and the City Council was interested enough Tuesday to put city staffers to work on the proposal (more)
Fort Dearborn Life: Michael Prochno Named Director of National Accounts Sal
CHICAGO, IL (MARKET WIRE) Fort Dearborn Life Insurance Company announces the appointment of Michael Prochno as director of National Accounts Sales Prochno will be responsible for developing strategies to acquire and retain business and target accou (more)
Hot tub defendant questions plea deal
ASPEN A routine plea hearing Tuesday in Pitkin County Court turned into a long and sometimes heated affair, largely because the defendant seemed confused about the deal offered by the prosecution (more)
Oil and gas companies hold stake in protected land
GRAND JUNCTION, Colo A conservation group reports that energy companies own more than a quarter of Garfield County's 800,000 acres of sensitive habitat (more)
Louisiana Insurance Agent Arrested
The Louisiana Department of Insurance reported that a St Martinville insurance company employee has been arrested, served with a cease and desist order, notice of license revocation and a fine (more)
Hunt for fares, squeeze the airlines harder
Filed under: Travel Deals I'm about to ruin it for everyone The key to finding cheap flights is to zig when everyone else zags to be different to treasure the hunt If you can get a handle on how the airlines post their prices and how othe (more)
Vail Resorts cuts wages in tough economy
VAIL, Colo In order to preserve jobs and cut costs amid an uncertain economic environment, ski resort operator Vail Resorts Inc (more)
Undiscovered New York: East Village by way of Japan
Filed under: Arts and Culture, Food and Drink, Japan, United StatesJapan lies more than 6,500 miles away from New York, separated by an entire continent and the world's largest ocean But don't let the distance fool you there's no place in the U S (more)
Vail Resorts' profits up for early winter
VAIL, Colo Vail Resorts reported overall profit increases, but drops in on mountain revenues at its Colorado and California mountains for November, December and January (more)
Enclarity Inc.: Enclarity Secures Series C Funding From Bain Capital Ventur
ALISO VIEJO, CA (MARKET WIRE) Enclarity Inc , a leading healthcare information solutions company, has secured a Series C round of funding from Bain Capital Ventures and Ignition Partners Enclarity helps the top healthcare plans in the country elimi (more)
Wee planets: the 3D photography of Alexandre Duret-Lutz
Filed under: Photos, Europe, FranceIt's no secret that I love a good photograph, so it's not surprising that I find myself drawn to the amazing images of Alexandre Duret Lutz The Telegraph is currently featuring a gallery of his photographs of Paris (more)
Florida Surplus Lines Insurance Industry Seeks Regulatory Certainty
Surplus lines insurance industry leaders in Florida hope legislation working its way through the state Legislature will clarify how the industry will be regulated The industry has had concerns (more)
Integrated Asset Services: Tailspin Continues for U.S. Housing Market -- 3.
DENVER, CO (MARKET WIRE) Integrated Asset Services(R), LLC (IAS(R)) (www iasreo com), a leader in default management and residential collateral valuation, today released its latest IAS360(TM) House Price Index Based on the timeliest and most granul (more)
ICBC applies to cut rates for optional auto insurance in the province
Despite a 1% return on its investments in 2009, the Insurance Corporation of B C plans to reduce optional insurance (more)
Michigan Denies Auto Insurance Rate Hikes Because of Credit Scoring
Michigan's regulator has reignited a debate over credit scoring by denying auto insurance companies requested rate increases because their proposed rate schemes include discounts for good credit (more)
Bay Area Lawyer Featured in New Legal Book that Examines 'Defense Doctors'
Bay Area Personal injury attorney, David G Smith proudly lends his expertise to the Editorial Advisory Board for the newly released to print 'Exposing Deceptive Defense Doctors' (more)
Study: Safety Modifications Important for Aging Workforce
While the increase in older workers in the American workforce could suggest a corresponding decrease in workplace productivity and increase in accident claims, the opposite has proven to be true, (more)
When it comes to dog poop, there's no rhyme or reason
Whenever the snow melts in Aspen, the talk turns to poop the piles and piles left behind by dog owners too lazy or distracted to clean up (more)
Carbondale to hold community forum on open burning
CARBONDALE The Carbondale Fire Department will host a community forum Saturday on changes to its open burning regulations that were spurred by the County Road 100 fire last April (more)
Al Frank Asset Management : Al Frank Asset Management (AFAM) Announces Key
LAGUNA BEACH, CA (MARKET WIRE) Al Frank Asset Management (Al Frank), one of the oldest, private boutique value oriented money managers in the United States, is pleased to announce the addition of Scott Silverman to their executive team Mr Silverm (more)
House OKs Changes to Oklahoma Workers' Comp Soft Tissue Rules
The Oklahoma House has passed legislation that critics say limits workers' compensation benefits for workers who suffer soft tissue injuries House members voted 62 33 for the measure and sent (more)
Stand up for public space
Dear Editor: The new art museum is to be 30,000 square feet when the existing is about 7,500 square feet (more)
Travel Troubleshooter: Forced to Buy Another Ticket
Our reader is forced to buy a one way ticket because Expedia made an error Now it wants him to work for his refund Can it do that? (more)
Los Angeles Police Federal Credit Union: Los Angeles Police Federal Credit
VAN NUYS, CA (MARKET WIRE) Los Angeles Police Federal Credit Union (LAPFCU) has been selected as one of California's Best Places to work, according to Employer's Group, the preeminent human resources expert and advocate serving California employers (more)
Norway's Aksel Lund Svindal wins a downhill
ARE, Sweden Aksel Lund Svindal of Norway won the men's World Cup downhill finale to take the overall lead Wednesday, and Michael Walchhofer clinched the downhill championship (more)
F&C 'to act as voice of shareholders'
F&C Asset Management vowed yesterday to be more outspoken as a shareholder after admitting its concerns were ignored by banking executives last year (more)
Dog honored for saving lives in New Castle
NEW CASTLE, Colo Todd Smarr said nine people and their pets might not have gotten out of a carbon monoxide filled New Castle home in time Sunday had it not been for one dog Kenai (more)
Bank's profit boost gives Wall Street its best day
WALL Street had its best day of the year yesterday after receiving some surprising good news from Citigroup (more)
Minnesota Judge Won't Remove Himself from Medtronic Case
A judge who dismissed thousands of lawsuits against Minneapolis based Medtronic said this week he will not remove himself from the case, despite criticism for not revealing that his son works for (more)
Pennsylvania Court Scolds Firm Paying Advances on Settlements
A federal appeals court, ruling in a case linked to the 1985 MOVE bombing in Philadelphia, blasted a Texas company that offers lump sum advances to plaintiffs who settle lawsuits The (more)
Mayor Mick announces bid for re-election, two others join council race
ASPEN Three Aspen residents on Tuesday announced their candidacies for the May city election Mayor Mick Ireland is seeking re election, and Mike Wampler and Derek Johnson have thrown their hat into the ring for City Council (more)
Benefits and Features of Landlords Insurance
If you are a landlord the chances are that you have a made considerable investment in your property so it makes business sense to protect your investment This article discusses the benefits and features of landlords insurance (more)
Lousiana Senator David Vitter throws fit at the airport
Filed under: Stories, Airports, NewsLouisiana Sen David Vitter missed his plane at Dulles Airport last Wednesday, and he was not amused Vitter, who recently gained infamy after being identified on the D C Madam's Phone List, found his gate closed, s (more)
Colorado unemployment rises again
DENVER Colorado's unemployment rate has gone up again, to 6 6 percent in January (more)
Florida Gov. Crist OK With Rate Increases by Citizens
Florida Gov Charlie Crist says he's OK with Citizens Insurance raising its property insurance rates But not by too much Crist said he didn't favor rates be increased dramatically, but that (more)
Gale Joins LWCC as Senior VP
Louisiana Workers' Compensation Corporation (LWCC) announced Peter Gale has joined the company as senior vice president of Insurance Services, a newly created position Gale brings 23 years of (more)
Saylor & Hill Adds Thomas-Gilbert to Employee Benefits Division
Saylor & Hill Co , a Barney & Barney LLC company, has announced that Shauna Thomas Gilbert has joined the Employee Benefits Division Formerly a vice president with Heffernan Insurance, (more)
Home Insurance - Finding the Right Home Owners Coverage
Mostly due to ignorance, many home owners are paying their home insurance coverage with their mortgage payments through their mortgage lenders Most of them do not know that they are not bound to use their lenders preferred home insurance package and (more)
AAA Texas: At a Time When Many Companies Are Cutting, AAA Texas Is Adding F
IRVING, TX (MARKET WIRE) While the economy continues to struggle with the recession and jobs are being lost, AAA Texas is adding more than 100 regular, full time positions in Texas and AAA Texas is now taking applications for those jobs (more)
Lloyds faces fresh blow as financial ratings cut
RATINGS agency Fitch has dealt another blow to Lloyds Banking Group, warning that there had been 'significant deterioration' in some of its asset portfolios in recent (more)
Beer battle continues in Colorado Legislature
DENVER The battle over who can sell full strength beer is resuming at the Colorado Capitol with a debate before the House Business Affairs and Labor Committee (more)
Business Benefits Insurance : Law Firms Hit by High Health Premiums Can Sla
ANDOVER, MA (MARKET WIRE) Law firms often face subtle 'discrimination' in health insurance and get overcharged for their premiums, but they can fight back by using a health reimbursement arrangement (HRA) or a health savings account (HSA), Jim Edhol (more)
Frommer's 5 Deals: St. John, Philly, Venice, NYC, and Petra
$1 nights in Philly, a beach escape in the US Virgin Islands, and three more cheap trips across the world (more)
7 auto insurance companies won't get rate increases
Seven auto insurance companies are not getting rate increases in Michigan because they based their rates in part on drivers' credit scores (more)
Monumental 'mixup' - US Airways delivers casket instead of tropical fish
Filed under: Airlines, NewsSooner or later every passenger on an airline will run into some kind of issue with their luggage But a recent blunder by US Airways makes everything I've ever endured look like a walk in the park When Northeast Philadelph (more)
Bernanke Says G20 Should Guide Regulatory Revamp
Federal Reserve Chairman Ben Bernanke Tuesday said leaders from the Group of 20 rich and developing economies should agree early next month on principles to guide nations as they revamp financial (more)
Cole, Aspen cruise in baseball opener
GRAND JUNCTION, Colo When he woke to more than a foot of fresh snow and found out both school and his team's game were canceled, Aspen baseball coach Nate Grinzinger gave his players the day off and sent them skiing (more)
Utah Opens Bars to Public, Increases Liability Coverage Requirements
Getting into a bar in Utah is about to become a lot easier Legislative leaders and Gov Jon Huntsman agreed to eliminate the state's much criticized private club system Utah is the only (more)
Massachusetts Court Nixes Suit against Youth Soccer Groups
The highest court in Massachusetts has ruled that a boy whose leg was broken when a goal post flipped over cannot sue nonprofit youth soccer associations for negligence Dustin Welch was hurt (more)
Chubb Group of Insurance Companies: Disputes Over Who Pays Ransoms Put Crew
SEOUL, KOREA (MARKET WIRE) As pirates increasingly target cargo vessels in the Gulf of Aden, owners are struggling to pay escalating ransom demands putting their crews at risk, an insurance executive told nearly 100 Korean ship owners and insuran (more)
Melbourne, Australia deal saves you a bundle down under
Filed under: Food and Drink, Asia, Australia, Hotels and Accommodations, Travel DealsIf you're going to trek all the way out to Australia, you need to do it right So, a stay at a five star hotel is a must, and you can't get by without the help of a (more)
In need of civic space
Dear Editor: We should have a civic hall We have no 'civic meeting space' in this town a space for community programs (such as AA), and community dances, public meetings, community dinners, public speakers and meetings, etc (more)
Nonprofit donations down, demand up; Aspen forum next
GLENWOOD SPRINGS, Colorado The charity LIFT UP has seen an 'astronomical' increase in people looking for free food during tough economic times, said LIFT UP Executive Director Mike Powell (more)
Colorado oil, gas rules getting regional attention
DENVER Wildlife advocates in the Rockies who want a balance between protecting wildlife and energy development are watching as Colorado considers rules mandating that balance (more)
Female motorists may find new model is smart choice
Women drivers looking to cut the cost of their specialist female car insurance by downsizing may want to consider the latest model by smart The fortwo edition limited three was unveiled at the Geneva motor show earlier this month and is available as (more)
Max Cap Updates Status of Alternative Investment Portfolio
The Bermuda based Max Capital Group announced that the return on its alternative investments for the two months ended February 28, 2009 is expected to be approximately 2 percent, or an increase in (more)
Holiday Home Insurance - Why Can it Be Hard to Find?
Holiday home insurance is not the same as the insurance you obtain on the home you actually live in and it can be a lot harder to get hold of However, insuring your holiday home is every bit as essential as insuring your own residence (more)
Andy Stone: A Stone's Throw
I agree that it's not fair to pick on Republicans these days (more)
Turn plastic bottles into a boat: One guy's quest to sail the ocean
Filed under: Learning, Paddling, Business, Stories, Ecotourism, News, Consumer ActivismIf a boat can be made out of Popsicle sticks to be sea worthy, why not a boat of two liter plastic bottles? In San Francisco, not too far from Fisherman's Wharf, D (more)
IMSA: AARP & IMSA: Serving Consumers in a Changing Regulatory Environment
BETHESDA, MD (MARKET WIRE) AARP and The Insurance Marketplace Standards Association (IMSA) recently convened an Annuity Suitability Summit Meeting in Washington, D C State and federal regulators, consumer advocates, life insurance companies, and th (more)
Beware Australia's 'Ninja Kangaroo'
Filed under: Australia, NewsKangaroos just don't look that threatening Perhaps it's because they carry their offspring in a pouch Or the fact they move around by hopping up and down But if you think kangaroos don't have a mean streak in them, you' (more)
Dining on your dime: Basalt goes easy on the chow
BASALT The Basalt government spent $11,715 64 on meals in 2008, with about half of that feeding Town Council and planning commission members at dinner time meetings, according to public records (more)
Fare alert! Tokyo on sale for under $600
Filed under: Budget Travel, Travel DealsCherry blossom season is almost upon us, and that can only mean one thing for airfares: it's time for the annual sale on tickets to Tokyo Most years there is a bit of a run on tickets to the Far East around thi (more)
Natural Floods Are Not Covered by Homeowners Insurance
Do you know if you have flood insurance on your home? If you do not, you are not alone as one in three families do not In some places in this country, insurance companies might not even offer this type of insurance because they not think you would e (more)
Chubb Finds Disputes over Who Pays Ransoms Put Crew Members at Risk
A bulletin from the Chubb Corp notes that 'as pirates increasingly target cargo vessels in the Gulf of Aden, owners are struggling to pay escalating ransom demands?putting their crews at (more)
Travel Insurance + Canada
Planning a working holiday to Canada, and need advice on travel insurance Planning a working holiday to Canada, with possible side travel through the US and Europe Looking into travel insurance and have been warned about being wary of those polic (more)
Insurers limited on credit score use
Auto insurance companies can't factor in customers' credit scores to set premiums, the Michigan insurance commissioner said Tuesday, when he announced he has denied rate increase requests from seven companies that use the controversial practice (more)
Aspen Lift One proposal in limbo
ASPEN Developers aiming to convince voters this May to approve a mixed use project at the Lift 1A side of Aspen Mountain hope to win them over by reducing the size and committing to affordable lodge rooms (more)
Donavon Frankenreiter's way to a smile: Twist, don't shout
ASPEN For almost any musician, the big breakthrough is an upbeat experience, but Donavon Frankenreiter's seems even happier than most (more)
Delta to investors: capacity to be cut
Filed under: Business, North America, United States, Airlines, NewsYesterday, Delta CEO Richard Anderson and President Edward H Bastian sent a memo to its 70,000 employees announcing passenger capacity cuts Distributed with the subject line, 'Respo (more)
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