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---- BREAKING NEWS ----- |
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Wall Street Journal - How Charlie Christ
ran off State Farm....Louisiana
has a thriving private insurance market, in part because regulators
have let companies adjust their rates. By law, Louisiana Citizens
cannot offer ...
•
VIDEO:
'500 MILLION AMERICANS LOSE JOBS EVERY
MONTH'...
Nancy Pelosi, Speaker of the House,
apparently unaware there are only 300 million people in the US.
Dumber than a box of rocks?...
•
Surplus Lines Courting Trouble...The
surplus lines insurer argued that it was exempt from the standard
Florida insurance policy approval process. Traditionally, in Florida
as well as ...
•
Swiss Re Falls Most on Record After
Buffett Injection ...Swiss
Re slumped 28 percent to 21.70 Swiss francs, the most since at least
1990, after posting a 2008 loss of about 1 billion francs and
announcing plans to cut the dividend.
•
Iran says USA must accept nuclear
program...A senior
adviser to Iran’s president says dialogue with the US will succeed
only if the Obama administration accepts Tehran’s right to have a
nuclear programme.
Arthur
Gallagher Falls After Net Income Drops 80%...Some
corporate customers are scaling back purchases of insurance as
payrolls and operations contract amid the US recession, according to
Travelers Cos. ...
•
Man killed by exploding cellphone...
A man has died after his mobile
phone exploded, bursting an artery in his neck, it has been
reported.
Owner of insurance firm pleads guilty to
conspiracy...Most
of the insurance policies were placed through a broker in Texas. In
September 2005, Petrillo and Grub realized the policies obtained
through that ...
•
We only employ workers born under
specific star signs, says insurance company...The
Salzburg insurance company posted an advert in major newspapers
seeking employees for sales and management that were born under
certain constellations, claiming statistics indicated that they were
the best workers. |
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Florida Insurance Commissioner
Subpoenas State Farm Policyholder Information,,,Florida
Insurance Commissioner Kevin McCarty today announced that he
has issued a
subpoena to
State Farm Florida Insurance Company (State Farm Florida)
requesting detailed information about the company's Florida
property insurance policyholders.
•
Anxiety is running high with
State Farm's departure From Florida...What's
Louisiana got that we haven't got in Florida? Bill Ferguson,
professor of finance, risk and insurance at the University
of Louisiana at Lafayette, ...
•
Oil near $40 on rising crude
supplies, weak demand...Oil
prices wallowed near $40 a barrel as rising crude
inventories and poor corporate results suggested the worst
U.S. recession in decades could be deepening.
•
Dismissal of Louisiana suit
sought by carriers...The
insurance companies say Louisiana deducted insurance
payments while it was calculating grant awards. Insurance
Journal (02/02) Want to dig deeper? ...
Obama
gets tough on executive pay...Barack
Obama on Wednesday imposed sweeping restrictions on pay for
executives at banks bailed out by taxpayers in an attempt to curb
Wall Street excesses and stem public anger before an expected White
House request for new emergency funds for the financial sector.
•
Video: Gov. Mark Sanford:
Stimulus 'Huge Mistake'
Listen to this
opposing opinion...
• State
Farm execs explain decision to leave Florida...State
Farm Florida has lost hundreds of millions of dollars in the
state in the last decade and risks insolvency if it
continues writing property insurance ...
•
Study finds insurance industry
"far from panicked"...An
annual survey of US insurance CIOs shows "an industry far
from panicked and cautiously maintaining its course" in an
unstable and uncertain economy, ... |
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Report: State malpractice claims,
insurance rates fall...Medical
malpractice claims and insurance rates fell again in Ohio in
2007, but the state’s top insurance official isn’t calling a
win just yet for tort ...
•
90% of USA forecast to freeze tonight:
Florida in the icebox - Somebody tell Al Gore...
An upper atmosphere trough of low pressure pushing in from
the Pacific will deliver rain to most of drought-plagued
California tomorrow. Only the state's southeastern deserts
will miss the precipitation.
•
Former NC
Insurance Commissioner Jim Long dies...Former
North Carolina Insurance Commissioner Jim Long died Monday
after suffering a stroke on Jan. 21. Mr. Long, 68, recently
retired from his ...
•
Palin hits back at Judd...Alaska
Gov. Sarah Palin (R) defended herself Wednesday against an
ad featuring actress Ashley Judd that accuses her of
“championing the slaughter of wildlife.”
Insurance
regulators question State Farm's dire claim...By
comparison, State Farm's Texas homeowners in 2007 received
44 cents back on the dollar, and the company's national
average was 58 cents. ...
•
Daschle news a surprise on the Hill...Senate
Majority Leader Harry Reid (D-Nev.) said he was confident that Daschle would be
confirmed. Sen. John F. Kerry (D-Mass.) said there were Republicans who would
support him. Even before the meeting began, Sen. Kent Conrad (D-N.D.) declared:
“Tom Daschle is going to be just fine.”
•
Georgia State employees will probably
face more furloughs...Insurance
Commissioner John Oxendine, who is taking a day off without
pay each month along with his agency’s employees, said
Perdue should be furloughed as ...
• Obama:
I'm sorry, so sorry ...“I screwed up,” Obama
told CBS in very un-presidential terms about Tom Daschle,
whose nomination for Health and Human Services secretary had
imploded a few hours earlier.
•
2 lose appeal in
Florida insurance scam...A
federal jury in Pensacola, Fla., found David W. Svete and
Ron Girardot guilty in 2005 of fraud and other crimes
through sales of viaticals, life insurance ...
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