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Daily NewsFlash : February 22, 2012


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Wednesday, February 22, 2012

Settlement Negotiations Restart Ahead of BP Oil Spill Trial

Nearly two years after the oil rig explosion that killed 11 people and spilled millions of barrels of crude oil into the Gulf of Mexico, the myriad plaintiffs suing BP and other companies over the ... Read More

Splitting Up Hartford Insurance Could Be Hard

Hedge-fund manager John Paulson has been leaning on Hartford Financial to split in two, but the insurance team at Bernstein Research doesn’t think such a split can happen any time soon.
... Read More

MA Court Says Teens Not Liable Under Social Host Law

The highest court in Massachusetts ruled Tuesday that teenagers who host underage drinking parties but do not supply alcohol cannot be held civilly liable if one of their guests gets hurt.

... Read More

RAND Study: Ending Individual Mandate Would Cut Health Coverage, but Not Dramatically Hike Insurance Price

A new RAND Corporation study concludes that eliminating a key part of health care reform that requires all Americans to have health insurance would sharply lower the number of people gaining covera... Read More

Personal Lines Insurers Redefine in the Face of Changing Consumer Trends

Personal lines insurers are evolving their business models in response to consumer-led pressures, according to a new study by Conning Research & Consulting.

“Changes in consumer... Read More

Progressive's Mobile Document Capture Initiative Enables Quoting from a Smartphone

Progressive earlier this month introduced new capabilities that allow consumers to receive binding insurance quotes on their smartphones. The Mayfield Village, Ohio-based insurer is offering a new... Read More

CFOs See Employee Health Contributing to Company's Overall Financial Performance

Research from the Integrated Benefits Institute finds that most chief financial officers say employee health plays a part in a company's overall financial performance and that the role of CFOs is... Read More

The Hartford Strengthens Commercial Markets Leadership Team with Three Appointments

The Hartford announced three senior leadership appointments to strengthen the Commercial Markets leadership team. These appointments are in alignment with the Division's goals to accelerate margin ... Read More

Allied World US Launches M&A Division

Allied World Assurance Co. Holdings said it's adding a new mergers and acquisition division to its U.S. operations.

The new division will offer products including: representations and warra... Read More



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