United States News

California Insurance Commissioner Seeks Disability Changes

For the second time in two months, Insurance Commissioner Steve Poizner is being accused by his predecessor, Lt. Gov. John Garamendi, of proposing regulation changes that will weaken consumer protections. The latest dispute involves Poizner’s proposal to roll back regulations …

Willis HRH Announces New Executive Appointments

Willis HRH, the North American unit of Willis Group Holdings, announced a series of senior leadership appointments that the company says will drive growth and innovation in key areas of its retail brokerage business. With the merger of Willis and …

State Farm Severs Ties with Indian Firm Caught in Scandal

Bloomington, Illinois-based State Farm Insurance Cos. has cut ties to an Indian company mired in a $1 billion fraud scandal, according to a published report. State Farm terminated a contract with longtime vendor Satyam Computer Services Ltd., the insurance company …

Federal Affairs Chief Merski Latest Executive to Join Zurich from AIG

Zurich Financial Services Group Inc., which has been on a recruitment spree, said Rich Merski, a former AIG executive, is joining the insurer as head of federal affairs in the United States. Merski most recently managed Washington government affairs activities …

Munich Re Webinar Provides Insights on Nat Cats, Industry Strength

Munich Re’s Webinar on Thursday – 2008 Natural Catastrophes – presented a detailed analysis of the increasing number of weather related events that concern both primary carriers and reinsurers. It also gave preeminent insurance guru, Dr. Robert P. Hartwig, president …

Obama Presidency Could Dramatically Influence Courts, Vanderbilt Prof Says

When Barack Obama becomes president, not only will the political landscape shift in this country, but the judicial landscape will as well. Empirical research from Vanderbilt professor of law and political science Tracey George shows how the United States court …

Insurance Industry Sees Commercial Airlines as Safe

With the world’s attention focused on the US Airways Airbus emergency landing in the Hudson River and the successful rescue of passengers, the insurance industry points out that the commercial airlines industry has a “remarkable safety record.” According to the …

Allison to Chair Children’s Program for Insurance Charitable Foundation

The Insurance Industry Charitable Foundation has named Kristen Mauger Allison the new chairperson of the Insuring the Children Program. Allison will be filling the seat of outgoing Chairman Frank Robitaille. In her role, she will help guide the development and …

Allianz Unveils Revamped Global Marine Unit

Allianz Global Corporate & Specialty announced that its “new global marine unit opened for business on January 12th 2009, under the leadership of Art Moossmann in New York and with dedicated marine teams in 14 major service centers worldwide. Allianz …

Former Mississippi Sen. Lott Implicated in Lawsuit Against Scruggs

An Alabama attorney has filed a federal lawsuit against imprisoned attorney Richard “Dickie” Scruggs and several others, alleging they conspired with a former U.S. senator to bribe a state court judge and defraud him of millions in legal fees. The …