INSURANCE Today for Friday February 12th, 2010

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  2010    Feb  

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Obit Obits
Obituaries, Obituraries

Liberty Mutual to Expand Boston Headquarters
Insurer Liberty Mutual Group says it will spend $300 million to expand its global headquarters in Boston, a move that's expected to add 600 new full time jobs for the insurer The insurer already (more)
Sitel to hire 150 workers in Oak Ridge
KNOXVILLE A company in Oak Ridge is looking to hire more than 150 new employees as part of an expansion of its customer care facility Sitel, a business process outsourcing company that is majority owned by Canada's Onex Corp , said in a news relea (more)
Review: 'Valentine's Day' overstuffed with stars
'Valentine's Day' might boast the most shirtless dudes we've seen in a movie since '300 ' Ironically, the often bare chested 'Twilight' star Taylor Lautner isn't one of them If this Hallmark card of a film didn't already make it clear, the beef (more)
Hawaii Takes Legal Action Against American Legacy Group Legal Plan
The Hawaii Insurance Division has initiated legal action against American Legacy Group Legal Plan, LLC and its Plan Administrator Daniel Y Doi, claiming that the company and its administrator (more)
Daily gear deals - $26 iPhone dock, $40 Skooba laptop backpack and more
Filed under: Gadling's Daily Deal Here are the hottest gear deals for today, Friday February 12th 2010 Remember, these deals are often valid for just one day, so act fast before they are gone Today's first deal is for a Kensington iPhone iPod do (more)
RSA Acquires Oman's Al Ahlia
The UK based RSA Insurance Group plc has agreed to acquire Oman based Al Ahlia Insurance Company SAOC for OMR 19 million (£31 million $48 36 million) from ONIC RSA said "Al Ahlia is the (more)
CaribRM a Finalist for Innovative Financial Solutions Grant Award
Caribbean Risk Managers Ltd (CaribRM), in partnership with the Development Bank of Jamaica (DBJ), has been selected as one of 20 finalists at the Marketplace on Innovative Financial Solutions for (more)
Colorado tax hikes would undo fraction of tax breaks
DENVER Tax hikes that Colorado lawmakers are rushing to pass to balance the budget would undo about 6 percent of the $2 2 billion in tax credits and exemptions on Colorado's books They would affect a range of industries, from manufacturing to in (more)
Riding the rails is no option for Glenwood
CARBONDALE Glenwood Springs will have to tackle its growing traffic congestion problem without converting an old railroad corridor into a highway, Roaring Fork Transportation Authority officials determined Thursday RFTA's board of directors, mee (more)
A look inside Liverpool's Beatles-themed hotel
Filed under: United Kingdom, Hotels and Accommodations The Hard Days Night Hotel is a Beatles lover's must see, located right in the heart of Liverpool's city center, just around the corner from the famous Cavern Club I recently had the opportunity (more)
Ratings Roundup: Compania Internacional, Oman Insurance
A M Best Co has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of' B++' (Good) of Panamanian insurer Compania (more)
NOAA, Commerce Department Creates Climate Service Office, Web Portal
February 8, 2010 The U S Department of Commerce and the National Oceanic and Atmospheric Administration (NOAA) have created a new climate service office that includes a web portal that will serve as a single point of entry for NOAA's climate infor (more)
AXIS Capital Forms Renewable Energy Insurance Team
Bermuda based AXIS Capital Holdings Limited announced the formation of a renewable energy team within its AXIS Insurance business The team is based in London, and will "insure and assess risks (more)
Lloyd's Analyzes Lurking Danger of Active Volcanoes
An article on the Lloyd's web site (www lloyds com) points out that there are "around 1,500 active volcanoes in the world and, although deadly eruptions are rare, they can cause devastation to (more)
Colorado ski towns enforcing rental lodging taxes
DENVER Colorado mountain towns whose lodging tax collections have suffered along with the travel industry are trying to make sure homeowners who rent out rooms pay their fair share to the government 'They are essentially hotels, and they need to (more)
Bode Miller returns to Olympic downhill Saturday
VANCOUVER, British Columbia Bode Miller, an afterthought?The enigmatic American skier won't hear of such a thing 'That's a completely ridiculous idea at the Olympics Everyone is on the radar,' Miller said this week 'I'm prepared and fired u (more)
Connecticut Insurance Department Recovered Nearly $3.2M Last Year
Connecticut insurance regulators recovered almost $3 2 million last year for consumers involved in formal disputes with their insurers over claims payments There were 6,798 complaints and (more)
Feds to RFTA: Tweak drug test policy
CARBONDALE The Roaring Fork Transportation Authority had to fine tune its drug and alcohol testing policy Thursday to ensure it was eligible for a $24 million federal grant The bus agency had to provide more details about its testing procedures (more)
Fremont Michigan InsuraCorp Plans Expansion Into Wisconsin
Property casualty insurer Fremont Michigan InsuraCorp, Inc said it expects to report record results for the fourth quarter and confirmed it pans to expand into neighboring Wisconsin The company (more)
A wonderful, educational event
Dear Editor:Recently, 33 Spanish speaking Glenwood Springs High School students participated in an all day preventative health program hosted by the Roaring Fork Family Resource Centers The students are part of the English Language Learner (ELL) p (more)
Home Contents Insurance - Protect the Contents of Your Apartment Or Flat
If you are a tenant or rent an apartment or flat, insurance coverage for your household goods and personal property is affordable and something you should not go without Home content insurance is widely available both online and from your local insu (more)
Navajo Council to Consider $4M Loan Bill
The Navajo Nation Council is scheduled to consider a bill next week that proposes borrowing up to $4 million from the tribe's insurance commission to supplement the emergency management budget A (more)
Barclays ready to bow to public pressure by cutting bonus levels
BARCLAYS is preparing to cut the proportion of revenues it pays out in staff bonuses to its lowest level in a decade, even though it may well post the biggest profit of 2009 (more)
Backcountry skier dies in Colorado avalanche
RIDGWAY, Colo An avalanche in the San Juan Mountains in southwest Colorado killed a backcountry skier and injured another Two men in a group of seven people using the backcountry hut system were caught in the avalanche Thursday near Ridgway at (more)
British Airways crew suspended for Facebooking
Filed under: AirlinesBritish Airways has suspended 15 cabin crew members for 'inappropriate' Facebook comments Back in October, a Jetstar flight attendant was disciplined for Facebook stalking a 15 year old (Airline apologizes for male flight atte (more)
What's Next, Mr. President?
President Obama has failed to bring the third Democratic wave He needs to redefine what his administration hopes to achieve (more)
Cheaper Houses and Home Renter Quotes - Great Way to Get Affordable Home Re
Many individuals complain that home renter insurance is beyond their reach because of the high rent that the landlord charges Each and every individual has right to determine the value of his or her property If your landlord is of the opinion that (more)
Lockton Dunning Benefits Appoints Pixley Executive VP, Practice Leader
Lockton Dunning Benefits appointed Sheri Pixley to the newly created position of executive vice president and practice leader of the Dallas based health and welfare practice Pixley has been (more)
Administration Rejects Health Insurer's Defense of Huge Rate Increases
Anthem Blue Cross, a California health insurance company, said that increases of up to 39 percent in premiums were driven by rising health care costs (more)
Vonn skis after injury; results encouraging
WHISTLER, British Columbia Aided by painkillers and numbing cream, Lindsey Vonn tested her badly bruised right shin Thursday by skiing for the first time since getting injured last week and she came away encouraged about her Olympic prospec (more)
Florida Court Overturns $12 Million Drunk Driving Verdict Against School
A Florida appeals court has reversed a $12 million verdict against a Miami archdiocesan high school previously found liable for the injuries of a student who survived a drunken driving (more)
Mississippi House Advances Bill Banning Toy Lighters
Cigarette lighters that look like toys would be banned, under a proposal that's advancing in the Mississippi Legislature The House passed a bill, 94 25, this week to prohibit the sale of novelty (more)
Cruise Lines and the Environment: The Industry's Take
Nobody in their right mind would say that cruise ships are good for the environment But there is more to the story: Cruise lines are experimenting with environmental technologies and initiatives to reduce their impact (more)
Wyoming Aims To Ban Texting While Driving
The Wyoming Legislature has given its first approval to a bill that would prohibit the use of electronic wireless communication devices for sending text or electronic mail messages while (more)
Lloyds issue shrinks taxpayers' share to 41%
LLOYDS Banking Group rounded off a bumper £23 billion repair to its balance sheet, issuing a final tranche of new shares in a move that will trim the taxpayers' stake (more)
150 insurance associate jobs coming to OR
A company in Oak Ridge is looking to hire more than 150 new employees as part of an expansion of its insurance customer care facility Sitel, a Nashville based business process outsourcing company that is majority owned by Canada's Onex Corp , said Th (more)
Low-cost auto insurance program getting more attention
Donna James says the value of California's Low Cost Automobile Insurance Program (CLCA) to her is priceless 'It's been a godsend,' the 57 year old Redding resident said 'I would either have to drive illegal(ly) or park my car' without it Launched as (more)
Not just a physical therapist
Dear Editor:For the past four years of my life I have been blessed to know Chris Peshek I am sure many of you know Chris as the friendly face at The Aspen Club who works day and night to make you feel better Chris is more than a physical therapis (more)
Todd Hartley: I'm with Stupid
In the spirit of Valentine's Day, I thought it would be nice to tell a heartwarming story about a fairy tale wedding where the bride and groom meet, fall in love, say their vows and live happily ever after The kind of wedding Disney wants you (more)
Landlord Insurance - Knowing Your Building Sum Insured
This article looks at one of the most important things that you need to know to get a Landlord Insurance Policy your Building Sum Insured This article also looks at what to do when you don't know what your rebuilding cost is and what your options (more)
Basalt sales tax collections fall in December
BASALT The first sales tax report from Basalt's new fiscal year indicates the tough times aren't over yet Sales tax collections were down 6 67 percent in December compared to 2008 Revenues were down 17 percent from December 2007, before the rec (more)
Review: Del Toro's 'Wolfman' is funereal, not fun
Authors and filmmakers have come up with endless ways to inject fresh blood into the vampire, while the werewolf generally has been left out there alone on the moors, howling at the moon The big screen is ripe for a new take on the hairy he wol (more)
Bill would strike at auto insurance fraud
ALBANY U S Sen Charles Schumer has proposed a bill to create federal jail sentences and increase fines for car insurance fraud, which drives up rates for New Yorkers (more)
Home Insurance Inventory - Detail it With Your Digital Camera
Are you putting off creating your home insurance inventory because you think it is going to be an excruciatingly tedious task? Learn the not so obvious ways to use your digital camera to make this process quick and easy (more)
Why AIG Omitted JP Morgan from Underwriters for Life Insurer IPO
American International Group Inc turned down JPMorgan's attempts to get in on the estimated $10 billion Hong Kong IPO of its Asian life insurance unit, sources involved with the deal said on (more)
Congoleum Corporation: Congoleum Corporation Announces Filing of Third Join
MERCERVILLE, NJ (MARKET WIRE) Congoleum Corporation (PINKSHEETS: CGMCQ) reported today that it has filed a modified plan and disclosure statement with the US District Court The plan was filed jointly with the official asbestos claimants' committee (more)
Cruise Deals for the Week of February 11, 2010
Two high end lines drop prices for winter and fall fares, while a fleet of speciality agents offer the best discounts for departures all year long (more)
Floridians May Want To Consider More Auto Insurance
The Florida required car insurance limits are quite low compared to the cost of medical care and vehicle repair costs Motorists may want to consider additional options to provide more protection (more)
An oppressive government
Dear Editor:Jacob Amir makes a number of false assertions in his letter praising Israel's democracy ('Israel's right to defend,' Jan 29, letters to the editor, The Aspen Times) I will address one, as I am one of the '1 3 million Arab citizens' t (more)
Republicans and Medicare
Even as Republicans denounce modest proposals to rein in Medicare's rising costs, they are seeking to dismantle the whole program (more)
Liability Insurance?
My wedding reception site just emailed me requesting very specific liability insurance Help! My wedding reception site just emailed me requesting liability insurance I saw this post from 2007, but I wanted to post the requirements I was given, be (more)
North Carolina Agent Sentenced for Embezzlement
A North Carolina insurance agent has been sentenced to 48 months supervised probation with one year of electronic house arrest after pleading guilty to five counts of embezzlement, according to (more)
RIMS Says New York Pay-Disclosure Rules Don't Go Far Enough
The Risk and Insurance Management Society Inc (RIMS) says pay disclosure regulations created by the New York Insurance Department do not go far enough to protect consumers The group urged the (more)
The movie listings: Aspen to Glenwood
FRIDAY SATURDAY, FEB 12 13ISIS THEATER Valentine's Day at 2:00, 5:00, 8:00 p m The Wolfman at 2:30, 5:15, 7:50 p m Dear John at 1:45, 4:40, 7:30 p m Crazy Heart at 2:10, 4:50, 7:40 p m 406 E Hopkins Ave , Aspen 925 7584 WHEELER OPERA HOUSEFri (more)
Garfield County 'sober house' could be in trouble
GLENWOOD SPRINGS A 'sober house' that has been operating in the Elk Springs (formerly Los Amigos) subdivision for two years may be in trouble with Garfield County, thanks to a complaint from a neighbor Known as the Edrington Sober House, owned b (more)
Get Cheap and Adequate Protection - Get Free Home Insurance Quotes
Protecting your home should be a priority and so also should be finding ways to make savings Let us try to find some ways to make savings (more)
Zurich Enhances E&O Coverage to Address Increasing Technology Risks
Zurich has introduced Zurich Pro Plus, an enhanced Errors & Omissions (E&O) coverage to address the needs of a range of business professionals, including consultants, and media and (more)
Going to the Source, Pt. 2: Expert Tips from Top Cruise Travel Agents 2010
There's nothing getting the straight scoop from travel agents who live, breathe, and talk cruises for a living We asked a handful of travel agents for their two cents on four more questions (more)
Fly Safe, Fly Smart: Checkpoint Checkout
TSA checkpoint staff aren't your friends, but they aren't your enemies either, and life goes more smoothly if you make things easy for them (more)
What's on? Movies that rocked the On Demand hotel scene
Filed under: Hotels and AccommodationsRemember when you woke up and found Mike Tyson's tiger in the bathroom? Good thing Bradley Cooper was there to keep you calm (he has a way about him, doesn't he?) OK, it might not have been your bachelor party, (more)
How economics can help you find a diamond-in-the-rough restaurant
Filed under: Arts and Culture, Food and Drink, Blogs, BooksPop economics books, which purport to offer the surprising explanations behind seemingly ordinary events, are more popular than ever You've probably heard of or read Steven Levitt and Steph (more)
Schumer to introduce auto insurance fraud bill
New York Sen Charles Schumer gave details Thursday on the Cheaper Car Insurance Act of 2010, a bill he is introducing that would set up new penalties for auto insurance fraud (more)
Peru's Inca Trail closed thru March
Filed under: Hiking, Blogs, South America, PeruA few days back we posted the news that the train to Machu Picchu would be resuming operations sooner than expected after recently being shutdown due to heavy rains and flooding in the area In that stor (more)
Counterpoint: Man and nature at center of Aspen exhibit
ASPEN Depictions of man's inhumanity toward nature surround us not only in the newsmagazines and in international political conferences, but in the air (try breathing in Beijing) and even in the landscape of the Roaring Fork Valley (driving (more)
Paul E. Anna: High Points
The year is young, but we already have a great candidate for the feel good sports story of the year The New Orleans Saints' 31 17 victory over the Indianapolis Colts this past Sunday in Super Bowl XLIV (that's 44, for the Roman Numeral challenged) (more)
Some signs of encouragement
The last year or so has been fraught with bad news for Aspen, especially on the economic front So it was a true pleasure to publish two good news economic stories in the last week and a half One such story, in today's paper, concerns the long vac (more)
Safe Driving class set for Feb. 16
Safe Driving class set for Feb 16FALLBROOK The Fallbrook Senior Center, located at 399 Heald Lane, will be offering a new and improved AARP Safe Driving Program which allows for a reduction in auto insurance policies The class will be held on Feb (more)
Citizens' group endorses Hidden Gems proposal
BATTLEMENT MESA, Colo The Hidden Gems Wilderness Proposal was endorsed by the Grand Valley Citizens Alliance at its general membership meeting in Battlement Mesa on Tuesday night The alliance gets involved in issues that affect life in western (more)
Roger Marolt: Roger This
There is one major reason that I think Aspen City Council should approve Michael Fox's application to expand the Aspen Club by 55,000 square feet to build 20 timeshares, 12 employee housing units and an underground parking garage The reason is (more)
Lockton Promotes Schaffler to President of Lockton Benefits in Chicago
Thomas J Schaffler has been named president of the Lockton Companies' employee benefits practice in Chicago Schaffler joined Lockton more than 10 years ago as executive vice president (more)
Schumer Proposes Bill to Fight Auto Insurance Fraud
ALBANY, N Y (AP) U S Sen Charles Schumer has proposed a bill to create federal jail sentences and increased fines for car insurance fraud, which drives up rates for New York citizens (more)
Codner Joins Atlanta's Tanner, Ballew and Maloof
Gamal Codner has joined Atlanta based insurance agency Tanner, Ballew and Maloof, Inc as a vice president and account executive Codner had previously been a commercial account executive with the (more)
Recovering Compensation for Illinois Dog Bite Victims
Under Illinois law, victims of dog bite injuries may bring a common law negligence claim or a statutory claim under the Animal Control Act (more)
Rio's big fest: Carnival hits the streets
Filed under: Arts and Culture, Festivals and Events, South America, BrazilCarnival hasn't officially started here in Rio, but the revelry has already been underway for days Beginning last week, the first big street parties kicked off, filling many n (more)
Bassist Les Claypool to make Aspen debut
ASPEN Les Claypool started off on the same path as any normal child of the '60s and '70s, entering into the musical realm through the doorway opened by the Beatles In time, he watched Pink Floyd's 'The Wall' repeatedly nothing strange abou (more)
Barney & Barney Creates Compensation Consulting Practice
San Diego based Barney & Barney LLC has launched a national Compensation Consulting Practice This new addition will offer clients a specialized level of expertise in the areas of executive (more)
Freedman is first candidate in Basalt Town Council race
BASALT Former Basalt councilwoman Anne Freedman on Thursday became the first candidate to announce entry into the council races in April Freedman is a slow growth advocate who said she loves living in the small town and wants to help preserve it (more)
How Not to Write a Jobs Bill
With 14 8 million Americans unemployed, the proposal put forth in the Senate to respond to joblessness is so puny as to be meaningless (more)
Galveston Residents Urged to Seek Federal Help for Ike Rebuilding
Galveston, Texas, officials are encouraging residents whose homes were battered by Hurricane Ike to seek federal rebuilding assistance The city on Feb 28 has to report to the state its progress (more)
'What is Love: Pathfinders' premieres at Aspen's Wheeler
ASPEN When Tina Staley visited her brother, Kent, in a Seattle hospital a decade ago, she was impressed with the facility, the equipment, the medicine But she was amazed at how the human touch failed to live up to the technology 'He experien (more)
Mutual responsibility lost in Greymouth
There's something missing from this story which chronicles the sad tale of Geoffrey Adams, 41, of Greymouth Adams, perhaps the West Coast's answ (more)
Philadelphia Launches New Contractor Environmental Coverage
Philadelphia Insurance Cos has expanded its environmental product offering with the addition of contractor environmental and professional coverage The product is designed specifically to protect (more)
St. Pat's Day starts early in East Hampton
Filed under: North America, United States, Hotels and AccommodationsIt's time to get your green on The Montauk Yacht Club in East Hampton New York has had it with the snow and is prepping for summer weather by opening the resort a few weeks early (more)
Democrats Seize on Wellpoint's 39% Rate Hike to Renew Reform Effort
Health insurer WellPoint Inc defended its rate hike of up to 39 percent for certain California customers as Democrats latched onto the increase to  press their case for overhauling the U S (more)
Fishing report: The 'fifth season' is under way
During the winter months we often preach about the superb fishing that takes place along the Fryingpan River This tailwater fishery yields water temperatures of 40 degrees on a year round basis This makes for ideal trout habitat, providing warm w (more)
Louisiana Recovered $8.2M for Insurance Consumers in 2009
Louisiana Insurance Commissioner Jim Donelon announced that the Department of Insurance helped Louisiana insurance consumers to recover $8 2 million in insurance payments last year The recovered (more)
A quiz for Palestinian advocates
Dear Editor:The following is an interesting questionnaire for Palestinian advocates by Yashiko Sagamori If you are so sure that 'Palestine,' the country, goes back through most of recorded history, I expect you to be able to answer a few basic qu (more)
PartnerRe Changes Organizational Structure after PARIS RE Acquisition
Bermuda based PartnerRe Ltd Has announced organizational changes, following the acquisition of PARIS RE   The Company said it would "maintain its existing business unit based operating (more)
Support local athletics
Dear Editor:I am a proud alumna of Basalt High School and most recently Fort Lewis College I have come back to this beautiful valley in hopes to inspire young athletes I am the junior varsity coach for the Basalt High School girls basketball tea (more)
Brother-sister duo to reopen Aspen's Red Onion
ASPEN After nearly three years of vacancy, Aspen's famed Red Onion will reopen in May under new ownership Jennifer Colosi and her brother, Thomas Colosi, former owner and chef of the Blue Maize restaurant in Aspen, signed a 15 year lease this (more)
Airfare Deals and News for the Week of February 12, 2010
This week's roundup of discounts includes a California to Alaska sale, Florida to the Caribbean deals, a special offer to Europe, and more ways to save to destinations around the world (more)
Landlords With DSS Tenants Need the Right Cover
Owners of let properties take considerable risk in renting to what are essentially complete strangers, and that risk is arguably greater when renting to beneficiaries of DSS housing benefits Certainly, insurance companies view this category of rente (more)
Italian Auto Insurers' Shares Could Gain from Price Increases
Shares in Italy's top motor insurers could become more attractive this year because of the likely success of tariff [premium] increases in a market where rivalry from online and bank sales is (more)
Distracted Drivers 2nd Most Common Cause of Accidents in North Carolina
Distracted drivers are the 2nd most common cause of accidents in NC To decrease the number of accidents, a texting ban was passed effecting all NC drivers as of December 1, 2009 (more)
Aspen schools brace for state budget cuts
ASPEN The Aspen School District, bracing for a state ordered budget cut that could range from $600,000 to $1 2 million, is contemplating potential staff reductions, a salary freeze and possible furloughs for the 2010 11 school year Despite the c (more)
Iroquois of California Names Mullens Regional Manager
Iroquois of California based in Sacramento has added a former insurance consultant, marketing manager and agency owner to its staff Mike Mullens will serve as regional manager in Northern (more)
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