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June 30, 2009
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Michael Jackson’s Death Raises Event Cancellation Issues

by National Underwriter - Jun 30,2009

The sudden death of the “King of Pop,” Michael Jackson, leaves behind some uncertainty in the insurance world regarding coverage for his scheduled 50 live performances at London’s O2 Arena. Bart Nash, chief press officer, Lloyd’s C for Lloyd’s of London, ... [full story]

Moody’s Says Obama Plan Could Shaft Some Creditors

by National Underwriter - Jun 30,2009

President Barack Obama’s financial regulatory reform plan could leave creditors, with subordinate claims against failing insurance holding companies, stuck with underperforming assets, a Moody’s report said.  Under the proposal, if an insurance company were failing, the Office of National Insurance ... [full story]

The Number of Customers Shopping for New Insurance Providers Declines

by NAMIC - Jun 30,2009

Erie Insurance ranks highest among auto insurance companies in satisfying new buyers with the purchase experience for a second consecutive year, according to the J.D. Power and Associates “2009 Insurance Shopping Study” released June 23. With a score of 893 on ... [full story]

Texting Is More Dangerous Than Driving Drunk

by The New York Times - Jun 30,2009

There have been studies that compare text messaging on cellphones and other hand-held devices to driving drunk. And several states have already banned texting while driving. But according to Car and Driver, no one has done a real-world test — ... [full story]

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