Monthly Archives: <span>April 2009</span>

Study Links Wildfires in Sierra to Climate Change

A warming climate will fuel larger, more frequent wildfires in the Sierra Nevada and other parts of the West, and the fires will contribute to climate change, according to a new study. More than 20 international scientists, in the report …

Insurance Scoring Bill Fails to Pass in Montana

A Montana bill that would have banned an automobile insurer from refusing to insure or refusing to continue to insurance an individual, or varying rates or limiting the scope or amount of coverage or benefits available to an individual based …

National Association Of Insurance Women Awards Holt

The National Association of Insurance Women has presented Pamela Holt with the Region VIII (North San Diego County) Hall of Fame award at the Region VIII Regional conference held in Salt Lake City. The purpose of the award is to …

Insurance Industry Charitable Foundation Gala to Honor Dewey & LeBoeuf’s Jim Woods

The Insurance Industry Charitable Foundation will be hosting its 16th Annual Western Division Gala Dinner at 6:30-10:30 p.m., May 16 at the Four Seasons Hotel in San Francisco for professionals in the insurance industry. The event will honor James Woods, …

AIG’s Title as World’s Largest Insurer Gone Forever

American International Group Chief Executive Edward Liddy is inching toward several more asset sales, has plans for a trio of initial public offerings, and expects the financial products unit to be a much smaller problem by year-end. Unlike the growth …

Best Affirms QBE Re (U.S.) ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of the New York-based QBE Re Group (U.S.) and its members. The rating actions apply to QBE Reinsurance Corporation, QBE Insurance Corporation …

Ratings Roundup: Lloyd’s (debt), PartnerRe, Pacific Int’l., Amerinst

A.M. Best Co. has commented that its ratings of Lloyd’s of London, Lloyd’s Reinsurance Company (China) Limited, the Society of Lloyd’s and of debt issued by the Society remain unchanged following the announcement that the Society has offered to repurchase …

Oregon Medical Malpractice Insurance Rates Decrease

Physicians and surgeons in Oregon have seen a decline in medical professional liability insurance rates the past several years, according to a Department of Consumer and Business Services analysis of recent rate changes. The DCBS Insurance Division found that physicians …

Nevada Workers Safety Training Plan Debated

Changes to speed up the workplace safety training for new employees in Nevada, in efforts to reduce on-the-job deaths and injuries, prompted questions in a Nevada Assembly committee hearing. AB148 requires 10 hours of safety training for employees and 30 …

Concrete Falls From Crumbling California Freeway Overpass

Tennis ball-sized chunks of concrete falling from a crumbling span of Interstate Highway 5 forced the California Highway Patrol to shut down freeway lanes for hours. The incident marked the third time this year that falling concrete tied up traffic …