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G20 Leaders Views on Economy, Budget Deficits, Bank Regulation, Yuan

World leaders agreed Sunday to take different paths for cutting budget deficits and making their banking systems safer, a reflection of the uneven and fragile economic recovery in many countries. The following are highlights from quotes by leaders and other …

Suspected Staged Accidents Soar 58% in Florida; Tampa Now No. 1

TS Alex -Season’s 1st Named Storm- Strengthens over Gulf of Mexico

Alex, the hurricane season’s first named tropical storm, reached that level on Friday, but weakened as it moved across the coast of Belize and El Salvador and over Mexico’s Yucatan Peninsula. Two people were reported to have been swept away …

As Alex Looms, Texans Wait for Decision on Flood Insurance

With Tropical Storm Alex skirting the east coast of Mexico and heading north, if residents along the Texas Gulf Coast are thinking it’s a good time to purchase flood insurance from the National Flood Insurance Program (NFIP) they are out …

Insurance Supervisors Warn Against European Union’s Levy on Sector

It would be unfair to include insurance companies in the European Union’s proposed banking levy, industry supervisors said Sunday. Yoshihiro Kawai, secretary general of the International Association of Insurance Supervisors (IAIS), said the insurance industry should not be caught up …

How to Overcome the Hurdles of Hiring to Smaller ‘Big Cities’

Regardless of a high unemployment rate, top talent will always be in demand among insurance organizations. If your company is based in a smaller city, you may face obstacles such as a limited local talent pool and competition from major …

President Obama Urges Changes In Stalled World Trade Talks

U.S. President Barack Obama Sunday called for significant changes to the long-delayed Doha round of world trade talks, telling Group of 20 leaders that offers on the table were inadequate. Obama, who spoke at a lunch with G20 leaders, emphasized …

Illinois to Keep Sharp Eye on High-Risk Insurance Pool

Illinois may be one of the first states to start providing health insurance in a new high-risk pool funded under national health overhaul, but enrollment will be limited, eligibility requirements tight and coverage may not begin until late summer. Illinois …

New Mexico CPCU Installs Officers

The New Mexico Chapter of the Chartered Property Casualty Underwriters has installed officers for the 2010-2011 term. Officers include: President Byrd Horner of CNA, Larry Cornwell, also of CNA and Secretary/Treasurer John Gantzer of New Mexico Mutual Insurance.

Federal Judge Signs off on Deal for 9/11 Responders

Some recounted their days at the smoldering ruins of the World Trade Center. Some fought back tears. Some complained that no amount of money would make them whole. Despite the mixed emotions, most of the responders on Sept. 11, 2001, …

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