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Daily NewsFlash : November 16, 2011

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Wednesday, November 16, 2011

Judge Rules BP Not Covered by Transocean's Insurer in Gulf Oil Spill

A U.S. judge said Tuesday that BP PLC isn't entitled to receive money from Transocean Ltd.'s insurers for costs related to the Deepwater Horizon oil spill.

The U.K. oil giant had sought U.S... Read More

Florida's Governor Supports State's Shrinking Hurricane Fund

Governor Rick Scott said Tuesday that he supports shrinking Florida's hurricane insurance backup fund even though that would raise premiums.

Scott also said he sees no need to abolish the s... Read More

New NAPCO Report Identifies Key Catastrophe Property Insurance Market Trends

While the catastrophe property market continues to transition away from soft market conditions, ample capacity is giving insurers limited pricing power and the lethargic economy is likely to keep i... Read More

New Enhancements to Schinnerer’s General Liability Policy for Architects, Engineers and Surveyors

Victor O. Schinnerer & Company makes significant upgrades to its general liability policy for architects, engineers and surveyors.
“We’ve ramped up our general liab...
Read More

Poll Finds Workplace Harassment a Problem

Nearly two-thirds of Americans say sexual harassment is a problem in this country, and about a quarter of women report having been harassed at work, according to a new Washington Post-ABC News poll... Read More

Facebook Spam Attack Raises Concerns Over Its Security Breach Vulnerability

A widespread spam attack on Facebook has caused violent and pornographic images to be posted on some users’ profile pages, representing one of the worst security breaches in the young web sit... Read More

Study: Small Business Owners Trust Independents, Commercial Carriers Most

The Hanover Insurance Group, Inc., a leading provider of property and casualty insurance products nationwide, announced the results of a new survey that demonstrates small business owners trust ind... Read More

Energy Insurance Market Sending Mixed Signals Approaching 2012: Marsh

Excess capacity and continuing competition among insurers mean that buying conditions remain favorable for many energy firms in the final quarter of 2011. However, in its latest Energy Market Monit... Read More

Harleysville, Nationwide Submit Merger Filing to PA Insurance Department

Harleysville Mutual Insurance Company and Nationwide Mutual Insurance Company would merge under a filing received by the Pennsylvania Insurance Department, Insurance Commissioner Mike Consedine ann... Read More


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