http://www.programbusiness.com/Get a 360° view of the industry with ProgramBusiness.com’s daily and bi-weekly on-line publications.en-uswebmaster@programbusiness.com (Webmaster)webmaster@programbusiness.com (Webmaster)According to a report released this week by Moody’s Investors Service Inc.,“U.S. P&C Insurers’ 1Q12 Earnings Improve on Lower Cats; Pricing Momentum Continues,” premium growth and lower catastrophe costs helped U.S. property/casualty insurance companies to begin 2012 with positive net income.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10794$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10794$displayType=1Thu, 17 May 2012 12:00:00 GMTAxiom Insurance Managers, one of the country’s leading Program Administrators for the Hospitality, Entertainment and Family Entertainment industries, is pleased to announce the addition of two talented professionals to its underwriting team.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10793$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10793$displayType=1Thu, 17 May 2012 12:00:00 GMTAdirondack Insurance Exchange (AIE), Financial Stability Rating(R) of A, Exceptional, and Mountain Valley Indemnity Company (MVIC), Financial Stability Rating(R) of A` (A Prime), Unsurpassed, have created a separate, stand-alone multi-state personal lines platform that joins the writing capacity of AIE with the geographic footprint of MVIC.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10792$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10792$displayType=1Wed, 16 May 2012 12:00:00 GMTA new Nationwide Financial survey finds nearly half of soon-to-be-retired, high-net-worth Americans say they are “terrified” of what health care costs may do to their retirement plans, and nearly three in four say health care costs going out of control is among their top retirement fears.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10791$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10791$displayType=1Wed, 16 May 2012 12:00:00 GMTTwo shareholder lawsuits were filed late Tuesday against J.P. Morgan Chase and its top executives over the revelation last week that the bank had suffered more than $2 billion in trading losses.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10790$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10790$displayType=1Wed, 16 May 2012 12:00:00 GMTU.S. home building grew in April, the latest sign that the recovery may be strengthening in the long-struggling market.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10789$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10789$displayType=1Wed, 16 May 2012 12:00:00 GMTIf Citizens Property Insurance Corp. moves forward with a controversial plan to uncap rates for new customers, the price to join state-run insurance will increase by an average of 30 percent next year.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10788$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10788$displayType=1Wed, 16 May 2012 12:00:00 GMTAlthough racing purists might recognize the Stutz Bearcat or the Mercer Raceabout as America’s first sports cars, there is no question that the Chevrolet Corvette holds the title as America’s oldest, continuously produced sports car.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10781$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10781$displayType=1Wed, 16 May 2012 12:00:00 GMTWork At Home Vintage Employees LLC (WAHVE), a company that provides domestic remote staffing services for insurance firms, announced that veteran insurance industry executive Cynthia Hardy Young has joined WAHVE`s advisory board.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10780$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10780$displayType=1Wed, 16 May 2012 12:00:00 GMTGovernor Andrew M. Cuomo announced today that the Department of Financial Services (DFS) has put in place new regulations that require all life insurers doing business in New York to regularly search a government list of recent deaths to identify deceased policyholders and then find and pay beneficiaries of policies for which no claims have been made.http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10779$displayType=1http://www.programbusiness.com/3.0/news/NewsFlashDetails.aspx?newsFlashId=10779$displayType=1Tue, 15 May 2012 12:00:00 GMT