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June 11, 2009
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Reach Out To States, NCOIL Pres Tells Geithner

by National Underwriter - Jun 11,2009

Treasury Secretary Timothy Geithner needs to speak with state legislators, governors, and attorneys general when seeking information on insurance policy debates, the National Conference of Insurance Legislators advised him. The advice came in a letter from NCOIL President, New York State ... [full story]

Most Americans phone while driving despite dangers

by AFP - Jun 11,2009

WASHINGTON (AFP) — The vast majority of US mobile phone users know that making calls, texting and using other features while driving is dangerous, but admit doing so anyway, a poll showed Tuesday. Seventy-two percent of people who drive and own ... [full story]

Reinsurers to Raise U.S. Catastrophe Rates 15% as Demand Grows

by Bloomberg.com - Jun 11,2009

(Bloomberg) -- U.S. catastrophe reinsurance rates may rise about 15 percent next month after the financial crisis eroded insurers’ capital and as the market for catastrophe bonds to offset potential hurricane losses remains limited, insurance broker Aon Corp. and reinsurers ... [full story]

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