Share this with your colleagues and friends If you are having issues viewing this e-mail, click here  to see it in your browser. Contact Us    |    FastMarkets    |    Forward to a friend    |    Optimize    |    Subscribe Tuesday, December 21, 2010 Insurers Granted Dismissal of Chinese Drywall Consolidation Litigation A federal court in New Orleans has ruled that insurance policies do not cover losses due to the destructive properties of Chinese drywall because of two policy exclusions. As a... Read More The Hartford to Sell Specialty Risk Services to Sedgwick CMS The Hartford Financial Services Group, Inc. and Sedgwick Claims Management Services, Inc. today announced a definitive agreement to sell Specialty Risk Servic... Read More Aon Benfield, Guy Carpenter, Willis Launch New Oil Spill Liability Insurance Consortium Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilli... Read More Report Says Government Planning Two Major Stock Offerings in AIG Next Year Reuters is reporting that the Treasury Department is planning to sell a large piece of its stake in American International Group (AIG) in ... Read More FCC Set to Pass Rules Regulating Internet Access The Federal Communications Commission appears ready to pass contentious new rules for Internet traffic, a move likely to face legal challenges and create uncertainty about Internet regulation. ... Read More Ernst & Young Sued for Civil Fraud in Lehman Brothers Collapse Accusing one of the nation's largest accounting firms of helping Lehman Brothers Holdings Inc. hide its financial weakness from investors for about seven years before the bank finally collapsed in ... Read More Arthur J. Gallagher & Co. Acquires Aviation Insurance Holdings, Inc. Arthur J. Gallagher & Co. on Monday announced the acquisition of Aviation Insurance Holdings, Inc., headquartered in Las Vegas, Nevada. Terms of the transaction were not disclosed. Esta... Read More Lines Between Standard and Excess Surplus Markets Continue to Blur, Says NAPCO CEO Following mild hurricane losses in 2009 and 2010, the catastrophe property market continues to soften. As companies look for new ways to grow revenue while rates remain soft, the lines between the ... Read More Administration Proposes Rules on Health Insurance Rate Hikes Over 10% for 2011 Today the Obama Administration said it would require health insurers to disclose and justify any increases of 10 percent or more in the premiums they charge next year. The administration, s... Read More The Hartford Expands Payroll Billing Options for Workers' Compensation Customers The Hartford Financial Services Group, Inc., will now offer XactPAY®, its payroll-based workers' compensation premium payment service, to midsize and larger commercial customers. The insurer ha... Read More Unsubscribe For inquiries regarding submissions or markets contact: submissions@programbusiness.com For marketing comments or questions contact: marketing@programbusiness.com 23172 Plaza Pointe Drive, Suite 205, Laguna Hills, CA 92653 p: 800.326.2700 | f: 800.588.4958 ©2010 ProgramBusiness.com To ensure our daily newsflash always reaches your inbox, please click here .