National News for April 2004 Highway Deaths Rose Slightly in 2003 Jury Renders Partial Verdict in WTC Recovery Case Alliant Acquires Gaddy Ward in Calif. Congress Urged to Make Workplace Deaths Due to Employer Negligence a Felony U.S. Treasury Department Selects Benfield’s Paragon to Administer Terrorism Risk Insurance Program AIG Launches BusPlus for School Bus Operators St. Paul Travelers Issues Q1 Earnings Report RMS Study Shows Risk From CAT Events for WC, Life, Health Insurers IVANS Updates Expansion with State DMV Offices Industry Marketing Trade Group Membership on the Rise Supreme Court Allows Discrimination Suit Over Allstate’s Use of Credit Scoring Industry Asks House to Extend TRIA WTC Jury Ends 6th Day of Deliberations Manulife and John Hancock Complete Merger Chubb Posts $360.7 Million Q1 Net Judge Tells WTC Jurors They Can Render Separate Decisions on Four Lloyd’s Insurers Canadian Firm to Acquire Marshall & Swift/Boeckh Feds Stymie Insurers’ Claims Against Alleged Terrorists AIG Cos. Offers Venue Liability Protector Despite N.Y. Attorney General Concern, CIAB Says Placement Service Agreements Not an Issue PCI Insurance Fraud Expert Addresses NY Conference American Re Issues Statement Reinforcing Commitment to U.S. Casualty Business PIA Lauds Legislators’ Support for TRIA Extension NAMIC Backs Asbestos Reform Bill Retiree Health Plans Exempt from Age Bias Act PCI Disappointed as Senate Blocks Consideration of Asbestos Bill AIG Reports Q1 Net Earnings of $2.66 Billion PCI Responds to CFA Opposition to TRIA Extension WTC Jury Continues Deliberations Mass. Rep. Barney Frank Covers a Flood of Issues on Final Day at National Legislative Conference N.Y. Attorney General Spitzer Targets Insurance Broker Compensation Agreements CNA, Aon Launch Professional Liability Program for Property Casualty Agencies Putnam Settlement Weighs on MMC’s Q1 Results Pru Employee Agents Vote to Join Union AMS to Roll Out Quote-and-Issue Capability at Users’ Group Conference Sen. Lautenberg to Hold NYC Briefing on Doing Business with States that Sponsor Terrorism Best Affirms Ratings of State Farm Group Consumer Study Disputes Need for Renewal of Terrorism Reinsurance Agents Hear Updates on Regulatory Reform, 2004 Senate Races Study Shows Commercial Property, GL Rates Falling AIMS Society Announces New Officers Trade Association Elects Hammond as Chairman AXIS U.S. Expands Professional Liability Coverage; Builders’ Risk Capabilities AIA Praises New Labor Regulations Workers’ Comp Association Urges TRIA Extension Conning: Bigger Dollars, Fewer Insurance Industry M&As Bush Campaign Manager Tells Agents Participation in the Process Important Willis Reports on Insurance Marketplace Conditions XL Launches U.S. Primary Casualty Risk Management Program, Excess Workers Comp Division Aon Reports US Commercial Property Rates Drop 10% Asbestos Bill to Reach Senate Floor CIAB Survey Shows Q1 Commercial P/C Easing SIAA Network Eyes Major Growth Most Midsize Cars Fail Side Impact Safety Test Joint Letter from Six Insurance Associations Urges Congressional Leaders to Reauthorize TRIA InsurBanc Looks to Break Even This Quarter WTC Coverage Case to Go to Jury NAMIC Announces New Federal Affairs Team ACE USA Unveils International Kidnap, Ransom Coverage for Companies Operating Overseas PIA National Holds Meetings with Senate Committee Staff on Flood Insurance Reauthorization Bill Industry Trade Groups Promote Progress on Asbestos Fireman’s Fund Arranges Special Training Package for Those in the Hospitality Industry Loss Reserve Adequacy, Fair Value Accounting Among Topics at CAS Spring Meeting New Low Cost Commercial, Renters Flood Insurance Policies Available U.S.I. Holdings Announces Pricing of Shares Study Says Workers’ Comp Terrorism Reinsurance Pool Not Enough A.M. Best Affirms OneBeacon’s ‘A’ Rating HSB Introduces Packaged Equipment Breakdown Coverage for Insurers Serving Farm and Ranch Owners IVANS Wireless Option Speeds Claims Digital Insurance Inks Five Agreements with Employee Benefits Brokers Nationwide P/C Net Income Propels Surplus ACE Casualty Risk Offering New Casualty Premises Pollution Policy for Single Primary Policy 1,000 Die Each Year in Highway Construction Accidents Fitch Affirms Marsh & McLennan’s Ratings; Takes Off from Rating Watch ACE USA Announces Executive Appointments GE Unveils New Tool for Risk Managers Liberty Mutual, BMW Car Club of America Foundation, and BMW Dealers Seated Together to Save Teen Lives Checks on Workers’ Comp Claims Rise to 10 Percent in Annual ADP Hiring Index Hall of Fame QB Terry Bradshaw Keynote Speaker for Big ”I” Annual Convention in Orlando AIMS Society Announces New Directors A.M. Best: Operating Results Improved Dramatically ACE USA Unveils Storm Tracker Brevik Named to Head PIA National Rates Hold Steady at 9 Percent for March Extended Deadline to Submit P/C Agencies for Insurance Journal’s Top 100 Special Report Rent-A-Wreck Notes Partnership with HRH Industry Groups Call for TRIA Renewal IVANS Announces Management Changes Zuraitis Named Allmerica Personal Lines President S&P Affirms Chubb’s ‘A’ & ‘AA’ Ratings Big I, Fireman’s Fund Offer Nonprofit D&O Market Afni Insurance Services Unveils CSR24 Customer Service Intranet GOP Introduces Asbestos Litigation Reform in U.S. Senate Insurer Group Voices Concerns Again Over Proposed Changes to Market Conduct Suveillance Act Three New Wholesale Brokerages Join IMK Environmental Insurance Network CDI Files Lawsuit Against State Fund Regulators Urge Congress to Act Before TRIA Expires in December of 2005 Report Explores the New Frontier of Catastrophic Risk Exposures for the Insurance Industry S&P Affirms, Withdraws Atlantic Specialty Ratings RMS Final Winter Regional Weather Index Prime Unleashes New Animal Liability Line Bush Campaign Manager to Address Young Agents Report Estimates Potential Costs to U.S. Insurance Industry from a Repeat of 1974 Tornado Super Outbreak ACE USA Appoints Riegler for Business Development Conference on Asbestos Scheduled in D.C. Zurich Introduces Medallion Agent Program AIG Launches ‘Sports Risk Solutions’ Best Acts on Travelers/St. Paul Ratings Antonopoulos to Head Crum & Forster USI Holdings Acquires Bertholon-Rowland Fitch Affirms ‘BBB-’ IFS Rating for Sierra Insurance Group; Withdraws Rating Study Shows Med-Mal Jury Awards Up Slightly, Compensatory Awards Down Substantially S&P Lowers Travelers Ratings to ‘A+’ AIG Added to the Dow PCI Study Examines State Residual Auto Markets Allstate Agents Pin Hopes on ERISA Charges Following Dismissal of Age Discrimination Complaint Actuaries Told: No ‘Duct Tape Solution’ to the Current Med-Mal Crisis Brokerage Growth Slowing, Study Claims Former CIAB Head Supports Federal Reforms PCI Supports Oxley/Baker Proposals FM Global Moves up on FORTUNE 1000 List S&P Revises Nationwide Outlook to Stable Moody’s Lowers Travelers P/C Debt Ratings National Flood Program Renewal Targets Repeat Victims ATRA Survey Reports Frivolous Lawsuits Undermine Healthcare System, Prove Negative to Patients New ISO Symbols Rate Cars By Make and Model for Liability, No-Fault/Medical Payments Insurance National News Archives
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