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S&P Puts Berkshire Hathaway on Credit Watch – Negative

Standard & Poor’s Ratings Services has placed its ratings on Berkshire Hathaway Inc. (BRK) and various affiliates on CreditWatch with negative implications following the company’s announcement that it will acquire Burlington Northern Santa Fe Corp. (BNSF). S&P noted that the …

Trillium to Acquire Geneva Insurance

Arizona-based Trillium Management Services Inc. announced it will acquire Geneva Insurance Company Inc. of Indianapolis, Ind., in a transaction that is expected to close in December 2009. Geneva was formed in 1999 by Ronald J. Glanzman its sole shareholder. The …

Florida Consumer Advocate Seeks Ban on Balance Billing

Florida’s Insurance Consumer Advocate said he is trying to find a lawmaker to help him ban a practice that sticks patients with big bills their health plans won’t cover. Sean Shaw, Florida’s Insurance Consumer Advocate, told Health News Florida that …

Browning, Cole and Vishnevetsky Join Thompson Coe

Thompson, Coe, Cousins & Irons LLP announced the addition of John G. Browning as partner, Ryan Cole as senior associate and Edward L. Vishnevetsky as associate to its commercial litigation team. The trio joined Thompson Coe’s Dallas office from Gordon …

Political Risk Premiums Rising in Response to Resource Nationalism

Political risk insurance premiums have risen across emerging markets in the last year, fuelled by rising resource nationalism and unrest linked to the financial crisis as well as a renewed concern over risk amongst investors. Foreign direct investors use the …

Arizona County Weighs Photo Traffic Fee

Members of the Maricopa County Board of Supervisors are holding a hearing Wednesday to discuss adding a $20 fee to photo enforcement tickets issued by the Department of Public Safety. Drivers who fail to pay their photo enforcement tickets would …

Program Will Monitor Maryland Doctors’ Handwashing

Maryland is starting to keep tabs on how often doctors and nurses wash their hands at hospitals. Officials said Tuesday they’re creating teams of staff members at most of the state’s hospitals to monitor their colleagues. The monitors will be …

Illinois Reminds Producers of Continuing Education Requirements

Beginning Jan. 1, 2010, insurance producers in Illinois will be required to include three hours of classroom ethics instruction as part of their required 24 hours of continuing education. In a bulletin released by the Illinois Department of Insurance, producers …

Family of Slain Tennessee Woman Settles with Apartment Complex

The family of a slain Tennessee college student has settled a lawsuit against the Knoxville apartment complex where she was fatally stabbed in 2004. Michael and Joan Berry of Lawrenceville, Ga., had sued Brendon Park Apartments, Brendon Park Associates and …

State Insurance Chiefs Urge Steps to Control Health Costs for Small Business

Lower profit margins, the downturn in the economy and significant premium increases are among the reasons small business employers have more difficulty than larger competitors affording insurance coverage for their workforce, according to the National Association of Insurance Commissioners (NAIC). …

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