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Daily NewsFlash : March 11, 2013

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Monday, March 11, 2013

Johnson & Johnson Loses First Case Over Faulty Hip Implant

Johnson&Johnson hip replacement caseA jury in Los Angeles on Friday ordered Johnson & Johnson to pay more than $8.3 million in damages to a Montana man i...

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Moody's: P/C Insurers Should Benefit from Favorable Pricing Momentum in 2013

P/C industry improvingProperty/casualty insurers should benefit from price momentum and a gradually improving economy in 2013, according to an analysis released Friday by Moody's Investors Service Inc.

The report - "U.S. P&C Insurers Earnings Improve in 2012 Despite High Cats; Pricing Momentum Conti...

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NCOIL Panel Seeks Ways to Move Against Opioid Abuse in Workers Comp

Opoid useA National Conference of Insurance Legislators panel is looking for suggestions on best practices as it considers ways to help states deal with the costs of workers' compensation opiate prescription abuse, a widesprea...

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BP Expects Some US Gulf Oil Spill Claims to be Higher than Anticipated

BP oil spillBP PLC now expects to pay more than previously anticipated in compensation for private economic and property damage stemming from the Deepwater Horizon disaster in the Gulf of Mexico, according to the company's annual...

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As Asbestos Claims Rise, So Do Worries About Fraud

Asbestos claimsThree decades after Manville Corp. collapsed under an avalanche of asbestos litigation, personal-injury claims continue to pile up at a rate of 85 per day.

They f...

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Rapid-American Seeks Chapter 11 to Resolve Asbestos Claims

Asbestos bankruptcyRapid-American Corp. filed for Chapter 11 bankruptcy protection Friday to deal with the asbestos personal injury claims it says have been piling up for decades.

Rapid, whose bankruptcy filing fol...

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2nd Annual Insurance Industry Charitable Foundation – Midwest Benefit Dinner to be Chaired by CNA’s Thomas F. Motamed

IICF meetingThomas F. Motamed, Chairman and CEO of CNA Financial Corporation will Chair the Insurance Industry Charitable Foundation (IICF) - Midwest's 2nd Annual Blazing the Trail Benefit Dinner, according to Kathleen Savio, President, Programs & Direct Markets of Zurich North America and IICF Midwest Board Chair.

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Aartrijk Sets Brand Camp 2013 for November 4-6 in Baltimore

Aartrijk Brand CampSpecialist branding firm Aartrijk announced that its Brand Camp 2013 event for insurance brand decision-makers will be held November 4-6 in Baltimore at the Hotel Monaco downtown near the Inner Harbor.
The hands-on conference -- being held for the fourth time -- is designed specifically for...

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