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February 06, 2009
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Uncertainty of 2008 limits cat bonds

by BusinessInsurance.com - Feb 06,2009

While the catastrophe bond market as a whole was able to withstand the volatility of 2008, the market experienced steep declines in terms of both dollar issuance and number of transactions, according to a Guy Carpenter & Co. L.L.C. report ... [full story]

Let State Farm Agents Act As Independents, Says Fla. CFO

by National Underwriter - Feb 06,2009

State Farm has rejected a pitch by Florida’s chief financial officer, Alex Sink, to let their captive agents find coverage for customers with rival carriers, since they plan on leaving the state’s property market. Currently, 826 State Farm Florida Insurance ... [full story]

Institute raises roof standard

by The Detroit News - Feb 06,2009

WASHINGTON -- The Insurance Institute for Highway Safety said Wednesday it will require automakers to dramatically increase the strength of vehicle roofs to receive its top safety pick ratings. The Virginia-based IIHS conducts dozens of crash tests annually and prods automakers ... [full story]

Traffic deaths down in 42 states

by USATODAY.com - Feb 06,2009

Traffic deaths fell sharply across the nation last year, dropping in at least 42 states and the District of Columbia as Americans battered by high gasoline prices and the sour economy cut driving by a record amount. Twenty-five states and ... [full story]

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