http://www.claimsjournal.com Up to the minute insurance news and magazine archives for property casualty insurance professionals en-us Copyright 2010 Wells Publishing Inc. All rights reserved. Wed, 17 Mar 2010 12:51:09 -0500 http://www.claimsjournal.com/img/insurance-journal-property-casualty-magazine-logo_88x31.gif http://www.claimsjournal.com 88 31 http://www.claimsjournal.com/news/national/2010/03/17/108242.htm http://www.claimsjournal.com/news/national/2010/03/17/108242.htm A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A++' (Superior) and issuer credit ratings (ICR) of "aa+" of the Chubb Group of Insurance Companies and its P/C members. Best also ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108241.htm http://www.claimsjournal.com/news/national/2010/03/17/108241.htm The U.S. Senate has passed a measure to extend the federal flood insurance program until Dec. 31, 2010. The Senate-approved extension is a provision in a bill, American Workers, State, and ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108240.htm http://www.claimsjournal.com/news/national/2010/03/17/108240.htm Standard & Poor's Ratings Services has assigned its 'BBB' issue rating to Hartford Financial Services Group Inc.'s (HIG) proposed $1.1 billion senior debt offering. S&P assigned a 'BB' ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/international/2010/03/17/108239.htm http://www.claimsjournal.com/news/international/2010/03/17/108239.htm Standard & Poor's Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Jordan-based Middle East Insurance Company (MEICO) to 'BBB-' from ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108238.htm http://www.claimsjournal.com/news/national/2010/03/17/108238.htm A slender boy of 14 moves slowly across the room. His full head of long red hair bounces as he walks. His mind is racing. He sits at the oak table near the window of the vast room. On the table is ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/midwest/2010/03/17/108237.htm http://www.claimsjournal.com/news/midwest/2010/03/17/108237.htm The Property Casualty Insurers Association of America (PCI) has requested that South Dakota Governor Mike Rounds veto Senate Bill 169, which PCI says will increase litigation costs and cause ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108235.htm http://www.claimsjournal.com/news/national/2010/03/17/108235.htm Major flooding has begun and is forecast to continue through spring in parts of the Midwest, according to the National Weather Service. The South and East are also more susceptible to flooding as ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/west/2010/03/17/108234.htm http://www.claimsjournal.com/news/west/2010/03/17/108234.htm A Seattle couple has sued Toyota, seeking to have the company take back the vehicle they just bought or reimburse them for lost value. Dana and Douglas Eller filed the lawsuit Monday in federal ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/southeast/2010/03/17/108231.htm http://www.claimsjournal.com/news/southeast/2010/03/17/108231.htm Mississippi Gov. Haley Barbour has vetoed a bill that would have continued a program that designated part of the state's insurance premium tax to fund the state's property insurer of last ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/southcentral/2010/03/17/108230.htm http://www.claimsjournal.com/news/southcentral/2010/03/17/108230.htm In a move Texas Attorney General Greg Abbott says validates Texas' medical malpractice laws, the Texas Supreme Court has upheld the state's 10-year limitation, or statute of repose, on filing ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108229.htm http://www.claimsjournal.com/news/national/2010/03/17/108229.htm The Hartford said it would conduct a public offering of equity and debt securities as part of a plan to repay the $3.4 billion it took from the federal government as part of the Treasury's Capital ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/southeast/2010/03/17/108227.htm http://www.claimsjournal.com/news/southeast/2010/03/17/108227.htm The Mississippi River is starting its spring climb with forecasters predicting a rise of more than a foot a day beginning at midweek. The result could be another year of flooding in the Vicksburg ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/midwest/2010/03/17/108226.htm http://www.claimsjournal.com/news/midwest/2010/03/17/108226.htm A state House of Representatives committee will review a council created to protect Ohio's insurance fund for injured workers in the wake of the firing of the council's three-member staff. House ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/national/2010/03/17/108225.htm http://www.claimsjournal.com/news/national/2010/03/17/108225.htm In a move that accelerates its national growth, Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Thomas Rutherfoord, Inc., the country's 14th ... Wed, 17 Mar 2010 00:00:00 -0500 http://www.claimsjournal.com/news/southeast/2010/03/17/108223.htm http://www.claimsjournal.com/news/southeast/2010/03/17/108223.htm The father of a firefighter who died in a 2007 furniture store blaze that killed nine firefighters says families will meet with state fire investigators next week to discuss whether criminal ... Wed, 17 Mar 2010 00:00:00 -0500