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EPIC Names Two Principals in California EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has added Beth Ward as a senior principal in its San Francisco office, and Bruce ... March 09, 2010 12:17 PM Woodruff-Sawyer & Co. Names McCable VP in Employee Benefits Practice San Francisco-based Woodruff-Sawyer & Co.named Jim McCabe a vice president, producer in the Employee Benefits practice. He will focus on supporting clients with an emphasis on strategic ... March 09, 2010 12:09 PM Oregon Work-Related Injuries, Illnesses Decrease Oregon's private sector workers suffered work-related injuries and illnesses at a rate of 4.6 percent for every 100 full0time employees in 2008, the most recent year for which data is available. ... March 08, 2010 6:20 PM Ironshore Releases Site Pollution Liability Program for Medical Facilities Ironshore Inc. has introduced an environmental insurance program to help healthcare facilities manage environmental liability exposures and curtail restitution expenses. Ironshore's Environmental ... March 08, 2010 2:34 PM Zurich, Sonoma Risk Insurance Design Plaintiff Litigation Insurance Zurich and Sonoma Risk Insurance Agency are now offering an attorneys' fees insurance program in the U.S. called Plaintiff Contract Litigation Insurance (PCLI). This new PCLI program is designed ... March 08, 2010 12:10 PM North Carolina Insurance Department Helps Consumers Recover $9 Million Consumers in North Carolina were able to recover more than $9 million from insurance companies in 2009 with the assistance of the state insurance department. Insurance Commissioner Wayne Goodwin ... March 09, 2010 11:24 AM Utah Considers Changes to Motor Vehicle Insurance Coverage, Liability Utah state Sen. Stephen Urquhart is hoping to change the law on motor vehicle coverage by proposing three bills that would affect uninsured and underinsured motorist coverage, liability and ... March 09, 2010 11:05 AM Toyota to Investigate Prius California Police Say Accelerated The driver of a 2008 Toyota Prius said his car uncontrollably accelerated to over 90 miles per hour on a San Diego County freeway before a California Highway Patrol officer helped him stop the ... March 09, 2010 11:02 AM Two Lawyers Named to Minnesota Auto Insurance Plan Governing Committee Minnesota Commerce Commissioner Glenn Wilson has appointed two public members to the governing committee of the Minnesota Automobile Insurance Plan (MAIP). Thomas J. Evenson is an associate with ... March 09, 2010 10:47 AM Bermuda Insurers, Reinsurers Oppose State Cat Fund Bill - HR 2555 The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would "replace private sector risk bearing capital with government ... March 09, 2010 10:08 AM

Insurance

Oklahoma's Instant Auto Insurance Verification Means Some Drivers Will Lose Their Cars A new bill has passed the Oklahoma House that could result in fewer cars on the road. The bill permits any vehicle to be towed away immediately if it appears as uninsured with the new instant auto insurance verification system. In response to voters’ requests state Representative, Steve Martin, passed ... March 10, 2010 2:28 AM AIG's sale of Asia-based life insurer, AIA Group, to Britain's Prudential PLC last week for 35.5 billion tops the global 2010 list Insurance deals boost 2010 M&A activity CHARLOTTE, N.C. -- The pace of mergers and acquisitions is gaining speed in 2010 thanks to American International Group Inc. MetLife Inc.'s $15.5 billion deal Monday to buy AIG's American Life Insurance Co., or Alico, brought the total value of dealmaking globally ... March 10, 2010 2:28 AM Eleven-year-old Marcelas Owens flew to Washington from Seattle and Health Care Backers Sound Off at Insurers Supporters of Reform Descend on Gathering of Nation's Largest Insurance Companies, Bringing Emotional Stories (CBS)   Supporters of health-care reform descended not on the Capitol or the White House Tuesday, but Washington's Ritz-Carlton Hotel, where executives from the nation's largest insurance companies were holding an annual conference, reports CBS News ... March 10, 2010 2:28 AM Captive owners using assets to back LOCs The high cost of collateral is pushing more captive owners to leverage their facilities' financial assets to offset the expense, several captive experts say. Captives more often are using their assets, such as cash premiums paid into the facility or money that's been invested to pay captive losses, to back letters ... March 10, 2010 2:28 AM Insurers bear responsibility for market swings: Exec WASHINGTON—Insurers have themselves to blame for market swings, an insurer CEO told an agents’ meeting Friday in Washington. Insurers “have to be honest” and admit that, said Michael LaRocco, president and CEO of Allianz of America’s Novato, Calif.-based Fireman’s Fund Insurance Co. “It’s bad behavior,” he said, adding that insurers should ... March 10, 2010 2:28 AM