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Daily NewsFlash : March 25, 2013


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Monday, March 25, 2013

Connecticut AG Sees No Basis for Newtown Lawsuit

Sandy Hook suitsConnecticut's attorney general says he sees no basis for lawsuits against the state or Newtown over the shooting deaths last December of 20 children and six educators

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Lloyd's Warns of Spiraling Costs of Marine Accidents

Mariine InsuranceWith at least $2.1 billion already spent on the world's 20 largest shipwreck removals over the past decade, insurers and shipowners are facing spiraling costs from mishaps at sea, a Lloyd's report warns.

According to the report, released at a

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Hiscox: K&R Insurance Demand Rises After Algeria Kidnapping Incident

Kidnap & RansomThe demand for kidnap and ransom insurance increased following a January terrorist attack on a gas plant in Algeria, said Jeremy Lang, senior vice president and manager of U.S. kidnap and ransom insura...

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Liability Issues Will Plague the Future of Social Media

Social MediaLast year a series of anti-Semitic tweets posted in French caused a stir on microblogging service Twitter. Following a request by a European group the company removed the racist tweets, though it refused to comply with court orders to reveal the identity of the posters. Now the

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Survey Shows Knowledge Gap Regarding Flood Coverage: Allstate

Flood InsuranceAs part of National Flood Safety Awareness Week and in advance of the spring storm season, a survey commissioned by Allstate Insurance Company shows Americans may not be as familiar with their insurance policy as they should be, and therefore may have misconceptions that they have flood coverage when they don't.<...

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Assurant to Pay $14 Million Settlement to End New York Probe

AssurantAssurant Inc. (AIZ), the largest seller of "force-placed" home insurance in the U.S., agreed to pay a $14 million penalty and provide restitution to some New York homeowners under a settlement agreement with state regulators.

Gov. Andrew Cuomo on Thursday said the pact address an "intricate web of relationships...

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Illinois House Stops Gun Liability Insurance Effort

Gun liability insuranceThe Illinois House of Representatives soundly defeated an amendment to gun control legislation that would have required $1 million in mandatory liability insurance for firearms owners licensed to carry their weapons.

The amendment, sponsored by Democrat Rep. Ken Dunkin, was defeated ...

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Aon Hewitt Survey Highlights Important Role of Incentives in U.S. Employers' Efforts to Improve Workforce Health and Performance

AonIncentives-in the form of both rewards and consequences-are playing an increasingly important role in helping employers drive participation in health programs and encouraging employees to take actions to improve their health, according to new survey findings from Aon Hewitt, the global human resource solutions business of Aon ...

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