Reinsurance Market Tries to Reel In Profits

A year ago the reinsurance industry faced the biggest loss event in its history - the attacks on the WTC and the Pentagon. Nevertheless, commentators were almost unanimous in predicting that the market would harden, rates would rise, and eventually the industry would recover and prosper. September 11 - then and now They were right. Premiums ...

Features

Editor's Note: Terrorism Deal for Real'

Market Conduct Report Prompts Lawsuit Against Calif. Commissioner

Accusations Fly as Election Day Nears

ACT Urges Companies, Vendors to Adopt New Formatting Guidelines

Insurance Scoring and Regulatory Modernization Top NAII's National Agenda

Candidates Make Last Pitch for Commissioner's Office

Calif. Workers' Comp: The Road to Rehabilitation

Who You Going to Call When There's An Earthquake'

Parting Shots: Reinsurance through an MGA: A Retail Agent's Guide

Departments

Fraud Roundup

• 'Fast and Fraudulent' Sting Op Nets 30+ Arrests
• Pair Arrested on Auto Fraud Charges
• Broker Guilty of Felony Grand Theft

Newsbriefs

• AON STUDY REPORTS HOMEOWNERS MARKETPLACE STILL NOT EARNING ITS COST OF CAPITAL
• A.M. BEST E&S REVIEW REPORTS 35 PERCENT INCREASE IN DIRECT PREMIUM VOLUME
• DESPITE BETTER PRICING, A.M. BEST REPORTS P/C RATING DOWNGRADES OUTPACE UPGRADES
• RPNI HOSTS NOV. CONF. ON NAVIGATING THE HARD MARKET
• NAPSLO PRESENTS ASLI ACADEMIC AWARDS

Ratings

• A.M. Best Affirms Ratings, Removes State Farm's Calif., Texas Subsidiaries From Under Review
• Fitch Affirms Horace Mann