INSURANCE Today for Monday February 08th, 2010

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  2010    Feb  

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Obit Obits
Obituaries, Obituraries

Need to Make More Savings? Get Free Home Insurance Quotes
There has been a steady increase in the cost of insurance making it more difficult for people to be adequately covered There are ways to make significant savings like comparing free home insurance quotes We would try to show ways to help us save in (more)
Impact Forecasting Launches Monthly Global CAT Report
February 2, 2010 Impact Forecasting, a subsidiary of Aon Benfield, is launching a new monthly report that analyzes recent catastrophic events around the world (more)
Area doctors and nurses prepare for Haiti
ASPEN A group of local medical professionals preparing to go to earthquake ravaged Haiti are asking for financial assistance in order to help complete their mission While the project is in the preliminary stages, Tom Dalessandri of Carbondale is (more)
Aspen's December sales tax collections flat
ASPEN The city of Aspen's sales tax revenue for December remained flat over the previous year, marking the first time in 15 months that collections weren't in the negative figures The last time sales tax collections increased over the previous y (more)
Mercury Insurance Sees 3.5% Decrease in Q4 Net Premium
Mercury General Corp reported that net income for the fourth quarter of 2009 was $34 2 million compared with net loss of $168 3 million for the same period in 2008 For the year, net income for (more)
Backer of Auto-Insurance Measure Has Ugly Record
Mercury Insurance Company, the sponsor of a June ballot measure that would allow auto insurers to charge higher rates to low income drivers, appears to have engaged in numerous illegal and discriminatory practices over the years, according to a repor (more)
RBS silent over reports of £1.3bn bonus pot
ROYAL Bank of Scotland has refused to comment on reports that it is planning to sign off staff bonuses worth a total of £1 3 billion in the coming days (more)
Price of closest 'Beach' spots at A-Basin going up
KEYSTONE, Colo On any given spring weekend, barbecue grills, camping chairs, the occasional beach ball and RVs line 'The Beach,' the closest row of parking spots to the lifts at the Arapahoe Basin ski area It's one of the most popular spots for (more)
Documenting Your Possessions
The challenge to prove the value of your household contents is well met with a detailed home inventory A home inventory allows a policyholder to keep coverage amounts up to date and provides documentation in case a claim must be made (more)
Santander could attempt cash refuelling as it races on in UK
SANTANDER, the Spanish banking group, might float its UK business in a bid to raise cash (more)
Lloyd's Releases 3-Year Strategy for 2010-12
Lloyd’s has released its 2010–2012 Strategy after a detailed review The bulletin noted that it had consulted "over 50 managing agents, brokers and market associations" in assessing (more)
At Least Five Workers Killed in Connecticut Energy Plant Explosion
An explosion at an under construction energy plant in Central Connecticut has killed at least five workers and injured 12 others, prompting a major emergency response by local and state officials (more)
Lockton's Chicago Team Expands with the Addition of McMahon, Riley
Lockton Companies has expanded its Chicago team with the addition of O'Brien McMahon as producer with primary focus on employee benefits and Jason Riley as an account manager in the firm's (more)
Is Condo Insurance Important?
Florida condominium owners have insurance needs that can be much different from other types of homeowners If your homeowner association carries a master policy that protects common areas, such as the exterior of buildings or walkways and other exter (more)
Credit history can hike insurance rates
Mississippi Gulf Coast policyholders are well aware a hurricane is guaranteed to hike insurance rates, but fewer realize their credit reports also are factored into homeowner and automobile insurance premiums (more)
AIG Hires KeyCorp's Hancock to Oversee Finance, Risk
American International Group Inc is expected to hire Peter Hancock, a KeyCorp vice chairman and financial services veteran, in a newly created role, overseeing finance, risk and investments, (more)
Conservationist: Colorado sees climate change effects
DENVER The head of one of the country's largest conservation groups is warning that Colorado is in the 'bull's eye of climate change' and says the state's hunters and anglers are seeing firsthand the effects of warmer temperatures Larry Schweige (more)
On the trail: Red Hill goes white
CARBONDALE There are two mistakes I won't make again on Red Hill near Carbondale The first is taking the dog up there in the summertime The second is forgetting traction devices of some sort for my boots in the wintertime Red Hill is an ext (more)
Photo of the Day (2.7.2010)
Filed under: Europe, Norway, Photo of the DayIs this a photo of a 'magic' forest? Because it looks like something straight out of another world: slanting rays of light, ominous trees and a multi colored starburst of sun It's remarkably similar to th (more)
Cutts, Founder, Editor of Risk Retention Reporter Dies
Karen Cutts, the managing editor and former publisher of the Risk Retention Reporter, passed away on Feb 2, 2010, after a seven month battle with pancreatic cancer She was 69 years old Cutts (more)
Armstrong Joins Executive Staff at ReSource Pro
K Patrick Armstrong has joined the executive team at New York based ReSource Pro as a business process consultant Armstrong will work with insurance agencies, brokers, MGAs and carriers to (more)
Last-minute Valentine's Day deals at Taj Boston
Filed under: North America, United States, Hotels and AccommodationsStill haven't made your Valentine's Day plans? Typical of a procrastinator like yourself, but thankfully, hotels in the Boston area are still offering some sweet deals for the sugary (more)
Kessler Appointed President at ACE Westchester
ACE Westchester, the Philadelphia based wholesale focused P C operation of the ACE Group, has appointed Bruce Kessler as president of ACE Westchester Casualty and Specialty Lines Based in (more)
Finding Florida Condo Insurance
The extensive damage to condos caused by these violent forces of nature and the subsequent expense to insurance companies was enough to drive many insurance out of the Florida condo insurance business altogether Those who remained drastically raised (more)
California Department of Insurance Recovers $112.1 Million for Consumers
The California Department of Insurance (CDI) announced it has has recovered $112 1 million for consumers through consumer complaint investigations and market conduct examinations of insurance (more)
Daily Pampering - Trump-style proposal in Chicago
Filed under: United States, Hotels and AccommodationsIf you want to propose to your honey, you want it to be flashy and fabulous and you don't want any of the hassle (and your assistant looked at you like you had three heads when you asked if he or s (more)
New Law Requires Children to Ride in Safety Seats Until Age 8
A new law in New York requires children under the age of eight to use a safety restraint system while riding in a motor vehicle (more)
Hotels top target for hackers
Filed under: North America, United States, Hotels and Accommodations, Internet ToolsAccording to online security trade publication DarkReading com, hackers went after the hotel sector more than any other in 2009 And, they didn't get caught: it took (more)
Take action on health care
Dear Editor:I am a recently self employed individual I attempted to acquire major medical health insurance for myself and was denied because of a pre existing prescription that if purchased myself was only $48 a month They didn't even bother to (more)
Drew Estate: A Destination for cigar smokers
Filed under: Arts and Culture, Nicaragua, Central America If you like to light up a stick more than occasionally, it's time for you to consider a 'cigar safari ' This unique experience, offered by Drew Estate, which manufactures both traditional and (more)
Firms Should Focus On Carbon Emissions Requirements: Report
February 8, 2010 U S companies should consider carbon emissions requirements as part of their businesses and financial management strategies now, including establishing plans for measurement, monitoring, reporting and accounting, according to a ne (more)
January busy at Aspen airport
ASPEN The Aspen Pitkin County Airport posted its busiest January in a decade last month Commercial airline enplanements people getting on a plane totaled 32,381 for the month, up from 27,084 in January 2009, and 28,630 in January 2008, accor (more)
The Buckner Co. Opens Office in Idaho Falls
Salt Lake City based The Buckner Co has opened a third location in Idaho Falls, Idaho, following through with the company’s vision to expand and grow business The company said it is (more)
The dream of peace
Dear Editor:I just read the letter from Barb Forrest in last Tuesday's Aspen Times, and to be honest, it was like a breath of fresh air in the never ending exchange of letters between Sue Gray and myself (and others) Simply stated, she believes t (more)
Hit and Run in Florida: Crime and Punishment... and Remedy
Florida is by far the most dangerous state for pedestrians to explore In fact, fact South Florida is ranked as the nation's worst area for hit and run fatalities (more)
Loney takes over top job at insurance arm of Lloyds
LLOYDS Banking Group has appointed a new head of its insurance business, Scottish Widows, following the integration of HBOS's insurance divisions (more)
Insurance Company Says Oklahoma State Breached Contract
The insurance company sued by billionaire booster T Boone Pickens and Oklahoma State University's athletic fundraising foundation claims the university breached its contract and has no right to (more)
Daily gear deals - $99 Garmin GPS unit, $10 car power inverter and more
Filed under: Gadling's Daily Deal Here are the hottest gear deals for today, Monday February 8th 2010 Remember, these deals are often valid for just one day, so act fast before they are gone Today's first deal is for the Garmin 285WT GPS receive (more)
Aspen's $1 million decision: the architect for Burlingame
ASPEN The Aspen City Council Monday will have to make the unpopular decision to either select a local architectural firm to design a city developed housing project or pick an out of town company that is willing to do the work for $1 million less (more)
Collapse Concerns Grow as Snowstorm Slams Eastern States
Maryland, Virginia and Washington D C were particularly battered by a weekend snowstorm that caused massive power outages and resulted in moderate structural damage to areas in the region At (more)
The movie listings: Aspen to Glenwood
MONDAY THURSDAY, FEB 8 11ISIS THEATER Dear John at 4:30, 7:30 p m Edge of Darkness at 5:00, 7:50 p m Crazy Heart at 4:50, 7:40 p m Invictus at 7:20 p m A Single Man at 4:40 p m 406 E Hopkins Ave , Aspen 925 7584 WHEELER OPERA HOUSEMonday and (more)
Lockton Insurance Adds Davis, Thomson to Benefits Practice
 The Southern California subsidiary of Lockton Companies named Bryan Davis vice president and senior consultant, and Lissa Thomson as senior vice president, chief consultant, in the San (more)
SkyMall Monday: Cat Toilet Training System
For some reason, despite the fact that I don't like cats, feline products get a lot of attention from SkyMall Monday We've featured a litter box and a talking food bowl But this week, we're tackling a problem that has long flummoxed cat owners You (more)
AMP to Consider Position on $11 Billion AXA Asia Deal
Australian wealth manager AMP Ltd has let its exclusive deal with French insurer AXA SA expire for a joint $11 billion buy of AXA Asia Pacific Holdings, paving the way for rival bidder National (more)
Emails Suggest Georgia Insurance Chief Oxendine Had Interest in Probe
Georgia Insurance Department staffers raised questions about an investigation into an Iowa based insurer and noted Commissioner John Oxendine's "personal interest'' in the complaint against the (more)
Smart Deal of the Week: Pack Your Bags, the Dominican Republic Is 40% Off
It's winter in North America, so that means it's high season in those warmer, sunnier places But it doesn't necessarily mean high prices, at least not with this promotion from Apple Vacations (more)
Understanding Hurricane Coverage For Homeowners
Insurance requirements vary from state to state and from region to region within each state Many of these state specific insurance requirements center around the risks that are particular to that state (more)
Cutting-edge music
Dear Editor: Bela Fleck is to be congratulated for bringing into the mainstream more great African music Friday's concert was not only a great and magnificent event; it also was educational in the sense of displaying African music as the source o (more)
Classic and Commercial English Castles at Kenilworth and Warwick
Whether you studied English literature or did not, it's a thrill to visit the real castles which featured in 19th century novels if only to see how the 21st century has made them different (more)
Completed Garfield County foreclosures lag behind filings
GLENWOOD SPRINGS Although completed foreclosures in 2009 dropped 4 percent in Colorado, the number of foreclosures that went to auction in Garfield County for the most part mirrored the increase in filings as a whole While the county saw a recor (more)
Renters Insurance - Should I Get Additional Coverage?
As a Florida renter, protecting yourself with Florida renters insurance is just good sense We all hope that we'll never be faced with a situation where we will need that insurance, but we know that bad things sometimes happen It is so much better t (more)
DentalInsuranceDeductibleFilter
Does what my dentist's receptionist told me re: dental insurance and my deductible make sense? I just got my teeth cleaned, and my dentist wants to do a couple of preventative fillings and replace a bigger, old filling The receptionist told me how m (more)
Aspen council to delay Monday meeting
ASPEN Monday's Aspen City Council meeting will begin a half hour late while elected officials celebrate seven local athletes who are heading to the Olympics At 5 p m , City Council members will be at the Gondola Plaza at the base of Aspen Mounta (more)
Summit weathers real estate slump with some big transactions
SUMMIT COUNTY, Colo The Summit County estate market in 2009 took a hit similar to nearby counties, but a few large transactions helped to soften the blow The $107 million sale of Copper Mountain and the record breaking $8 3 million home that (more)
Statehouse Insider: Pérez, Pérez come together on issues
If there were any bad feelings between Sacramento's two Pérezes, it appears to be water under the bridge now (more)
Main Street America Records Profitable and Busy 2009
The Main Street America Group reported its 2009 financial results that included a 1 3 percent increase in net premium to $815 million, an 18 2 percent return on equity, and a 97 4 combined ratio (more)
Renters Insurance Coverage
If you are looking for cheap renter's insurance in Texas and do not know where to start the following tips will come of use You musty consider three things while thinking of Texas renter's insurance namely cost, coverage and the company (more)
Barry Smith: Irrelativity
I'm working on a show called 'Every Job I've Ever Had,' which is the tale of you guessed it every job I've ever had My first job was as an 'automotive parts reconditioner,' which is resume speak for 'engine scraper ' I was 6 at the time I d (more)
How Anonymous Citizen Tipsters in Mississippi Help Stop Crime
Crime prevention takes more than the work of law enforcement officers Mississippi citizens are also doing their part through a program called Crime Stoppers The Golden Triangle Crime Stoppers (more)
Republic Airways will phase out plane that serves Aspen
ASPEN The long term future of what is currently Frontier Airlines service to Aspen was thrown into question last week when Republic Airways announced it would shut down Frontier's Lynx Aviation and phase out the fleet of Bombardier Q400s that (more)
Meteorology: It's Not 'Rocket Science;' It's a Lot More Complicated
Everyone's heard the shibboleth "It's not rocket science " This implies that whatever "it" may be it's easier than flying a rocket In fact Robert Goddard fired off the first real rocket in 1926 (more)
Battlement Mesa to be site of study on oil, gas health effects
BATTLEMENT MESA, Colo Garfield County officials are moving ahead with plans to conduct health studies among the residents of Battlement Mesa, in order to better evaluate any health effects related to oil and gas drilling activities in the neigh (more)
Stewardship Financial Corporation: Stewardship Financial Corporation Report
MIDLAND PARK, NJ (MARKET WIRE) Stewardship Financial Corporation (NASDAQ: SSFN), the holding company for Atlantic Stewardship Bank, reported net income for the year ended December 31, 2009 of $3 6 million, or $0 54 per diluted common share, compared (more)
Saints beat Colts to claim first NFL title
MIAMI The New Orleans Saints turned the Super Bowl's postgame celebration into something out of the French Quarter From the trophy podium on the field, Drew Brees blew kisses and caught confetti raining down as Dr John and Professor Longhair (more)
Know the Signs of an Unsafe Work Zone on New York Roads
Work zone crashes occur too often, but the driver is not the only one at fault The general contractor and state and federal lawmakers are also to blame for allowing poor safety practices to continue (more)
Deutsche Bank Boss Proposed for Zurich Board
Zurich Financial Services Ltd announced that the Board of Directors will propose to the 2010 Annual General Meeting of shareholders on March 30 the election of Josef Ackermann, 61 and a Swiss (more)
Basalt mulls building micro-hydro project
BASALT The springs from Basalt Mountain might soon provide more than clean, fresh water to town residents The town is studying the construction of a micro hydro plant that would supply enough power to offset use of 30 average homes, according to (more)
Carlisle Management Sponsors First European Life Settlement Trade Associati
Carlisle Management Company, a leading alternative assets manager and manager of the Luxembourg Long Term Growth Life Settlement Fund, today announced its sponsorship of the First European Life Settlements Trade Mission (more)
Insurer may have violated law, report reveals
A high profile California insurance company that is backing a controversial insurance measure on the June ballot has engaged in practices that may be illegal, including deceptive pricing and discrimination against consumers such as active members of (more)
Hiking England's oldest road
Filed under: Hiking, History, Learning, Europe, United KingdomEngland is an old land where you can drink in the same pubs as the Crusaders did and watch a play in a Roman theater, so it's a rare treat to touch or experience anything that can legitima (more)
Fremont Insurance Endorsed by Michigan Retailers Association
Fremont Insurance, a Michigan exclusive property and casualty insurance carrier, has been named as the endorsed insurer of the Michigan Retailers Association (MRA) This is the second consecutive (more)
Industry urged to make the most of low cost of finance
THE decision last week by the Bank of England to hold interest rates at 0 5 per cent should encourage farmers to consider how to make the current low cost of finance benefit t (more)
Paul Andersen: Fair Game
Nobody goes there, especially in winter Hardly anybody even knows it's there The unnamed peak is in the heart of the Hunter Fryingpan Wilderness, where it lords over plunging valleys, dark forests and rocky ridgelines We skied to the unnamed (more)
Authorities investigate fatal Colorado plane crash
Authorities investigate fatal Colorado plane crashSAMANTHA ABERNETHY,Associated Press WriterBOULDER, Colo Investigators plan to talk to other pilots to determine whether they heard any communications between two small planes just before an i (more)
Democrat: Kan. House Speaker Should Step Down Due to Insurance Ties
A Democratic legislator called for Kansas' Republican House speaker to step down because he is representing businesses, trade groups and insurance funds in a lawsuit against the state State Rep (more)
Cycle across India in 2011
Filed under: Biking, Asia, IndiaLooking for a new kind of travel experience? One that combines cultural immersion with physical challenge across a beautiful and mysterious landscape? Then perhaps Tour d'Afrique, the Toronto based company that special (more)
Program Administrator Thomco Promotes 2
National insurance program administrator Thomco announced the promotions of John Clark and Monica Clark (not related) to senior vice president positions Thomco, based in Kennesaw, Georgia, said (more)
takefive Interviews James Hutchin, CPCU
James Hutchin, CPCU, a Clinical Professor at the Fox School of Business at Temple University, discusses the recent United Nations report on sustainable insurance (more)
State Farm Says It Warned U.S. Officials About Toyota Accident Trend in 200
Private insurer State Farm informed a U S government regulator of a worrying trend of vehicle caused accidents involving Toyota Motor Corp as far back as late 2007, an official at the company (more)
Pitkin County debates its housing options
REDSTONE Investing in the city of Aspen's Burlingame Ranch worker housing development is not the only option available to Pitkin County as it looks to best leverage about $9 million in accumulated housing funds, commissioners agreed during a ret (more)
Galley Gossip: The Bachelor - airline employees, spouses & why Vienna i
Filed under: Airlines, Galley GossipIf you think long distance dating is difficult, try being married to an airline employee It ain't easy Because working for an airline is not just a job, it's a lifestyle, a very unusual one Even now, seven years (more)
Georgia Governor Backs Appointed, Not Elected, Insurance Chief
Georgia Gov Sonny Perdue's proposal to appoint rather than elect four statewide constitutional officers has run headlong into opposition Critics from both parties said the plan was (more)
Movie lovers best friend - Gadling reviews the Kensington travel battery pa
Filed under: Gadling Gear Review Regular readers will know that I'm a huge fan of portable chargers that can keep my gadgets running way past their normal battery life In this review, I'll show you a neat little iPhone iPod Touch charger that doubl (more)
Brush Up Your Shakespeare in Stratford-Upon-Avon
Visitors to Shakespeare Country come for the birthplace of The Bard and for attractions ranging from Kenilworth Castle to the Cotswolds But the first stop should always be Stratford upon Avon (more)
Disruptive passenger didn't count on black belt 'fight attendant'
Filed under: North America, United States, AirportsRarely do you hear the words 'At that point, I just put him into a choke hold' coming from a flight attendant But this is exactly what happened on US Airways flight 1447 last week when passenger K (more)
Condo Insurance Types and Options
Florida condominium insurance is an absolute necessity for condo owners in Florida Condo coverage is what helps to cover you in those unforeseen instances that aren't covered by the master policy of the condo association or your own liability and pe (more)
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