Programbusiness | News Archive

Daily NewsFlash : March 04, 2013

Daily NewsFlash
Share this with your colleagues and friends

If you are having issues viewing this e-mail, click here  to see it in your browser.
If you are having issues with viewing this e-mail, click here to view it in your browser.
Contact Us    |    FastMarkets    |    Forward to a friend    |    Optimize    |    Subscribe
Monday, March 04, 2013

Berkshire Hathaway's Buffett Sees Dim Prospects Ahead for Most Insurers

Warren Buffet on insurance industry"Dim prospects" are ahead for the insurance industry, which faces the double challenge of dealing with unprofitable underwriting and a low interest rate environment, said Warren E. Buffett, chairman of Berkshire Hathaway, in his annual letter to shareholders. Buffett also talked abou...

Read More

Insurance Industry Awaits Sequester's Impact as US Senate Fails to Block Across-the-Board Budget Cuts

Sequester 2013The U.S. Senate failed to pass legislation Feb 28 that would avert devastating cuts to the federal spending budget, which are almost certain to affect insurers writing coverage for government contractors. Competing bills proposed by Senate Democrats and Republicans did not gain enough tract...

Read More

Proposed Bill in CT to Require Workers Comp to Cover Certain Workplace Trauma

CT legislatureA legislative committee is considering a bill that would require Connecticut's worker's compensation system to cover the treatment costs for mental illnesses stemming from certain work...

Read More

Judge Rules: Insurer for Sandusky's Charity Doesn't Have to Cover Criminal or Legal Costs

Sandusky trialThe insurance carrier for the children's charity founded by former Penn State assistant football coach Jerry Sandusky doesn't have to cover his criminal or civil legal costs related to acts of child...

Read More

BP Trial's First Week Offers Glimpse of Long Fight

BP trialTestimony from current and former executives. Gulf Coast residents and the U.S. government pitted against some of the biggest companies in the world. Tens of billions of dollars at stake.

The first week of one of the largest

Read More

Shaun Hooper Appointed President and CEO at Cooper Gay Swett & Crawford

Swett & CrawfordCooper Gay Swett & Crawford Limited ("CGSC") has announced the appointment of Shaun Hooper as President and CEO of its wholesale, reinsurance broking and underwriting operations in North America.

Hooper joined CGSC in July 2009 as Head of Group Operations and was appointed Chief Executi...

Read More


For inquiries regarding submissions or markets contact:

For marketing comments or questions contact:
23172 Plaza Pointe Drive, Suite 205, Laguna Hills, CA 92653
p: 800.326.2700 | f: 800.588.4958
To ensure our daily newsflash always reaches your inbox, please click here .