Monthly Archives: <span>February 2009</span>

The Hartford Reports Loss for 2008, ‘Most Challenging’ Year in History

The Hartford Financial Services Group, Inc. reported a fourth quarter 2008 net loss of $806 million. For full year 2008, The Hartford reported a net loss of $2.7 billion, compared to net income of $2.9 billion in 2007. “This was …

New York Man Man Sues LIRR for Drawing Attention to Him

A 22-year-old New York man with cerebral palsy is suing the Long Island Rail Road for attracting unwelcome attention to his use of a wheelchair. East Islip resident Anthony Faggiani alleges in court papers that an LIRR conductor failed to …

FEMA Director Says Katrina Lessons Being Applied in Kentucky Efforts

The acting head of the Federal Emergency Management Agency said that lessons the department learned from its disastrous response to Hurricane Katrina are being put to use as Kentucky digs out from a deadly winter storm. In a phone interview …

Stricter Anti-Lead Toy Safety Rules Go Into Effect Next Week

Strict new safety rules for toys and other children’s products take effect next week, a move that has been applauded by parents and consumer advocates but jeered by industry groups as overly broad and a jobs-killer. Beginning Tuesday, the law …

Auto Deaths Decline in 40 States; Less Driving, More Seat Belt Use Cited

Automobile fatalities declined in 40 states in 2008, according to a survey of state highway safety agencies, an early sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association, which represents state …

Former Alabama Insurance Agent Sentenced to 12 Years

A judge has sentenced the former owner of an Oxford, Alabama insurance agency to 12 years in prison for making some customers believe he was selling them policies when he wasn’t. Circuit Court Judge Malcolm Street also ordered Mitchell W. …

Hurricane Center to Carry Briefings Online

Forecasters at the National Hurricane Center in Miami will have their briefings carried live this season on Web sites when a storm threatens to make landfall in the U.S. The center announced a partnership with America’s Emergency Network, a company …

S&P, Best Put Swiss Re’s Ratings on Negative Credit Watch

Reactions from the rating agencies to Swiss Re’s announcement of further losses (See IJ web site – https://www.insurancejournal.com/news/international/2009/02/05/97610.htm) has been swift. A.M. Best announced that it had placed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings …

Holy Burglary: Tennessee Thieves Use Religion as Cover for Break-Ins

Police in Nashville say two young burglars were covering their intent by talking religion. Police arrested 19-year-old Dante Leo Johnson and a 17-year-old, charging them with aggravated burglary. The Tennessean reported the teens were going through a neighborhood, knocking on …

Surplus Lines Association Launches Executive Leadership School

The National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) is launching the NAPSLO Executive Leadership School, scheduled for Feb. 8-11, 2009, in Charlottesville, Va. The new school offers senior-level members the opportunity to learn leadership skills from top business …