National News for October 2001 AMS Discontinues TowerStreet NAMIC Board of Directors Votes to Endorse Offshore Property Catastrophe Facility IIAA Presents Richard Davis Woodworth The St. Paul Companies Releases Study on Safety of Outdoor Adventure Programs Berkley Corp. Reports Sept. 11 After-Tax Losses At $23M; Eliminates 2 Business Lines October 30, 20 NAII’S Golden Featured Speaker at Indoor Air Quality Conference on Mold IIAA Recognizes Presidential Citation Recipients, Young Agents, State Associations and Individual In NAMIC Launches Catastrophe Facility for Member Companies Senators Critical of Bush Assistance Plan Four Companies Join Trusted Choice Branding Initiative as Founding Partners NAIC Outlines Principles for Federal Role in Terrorist Insurance Coverage Zurich North America Environmental Kicks Off Incentive Reward Program for Agents Tower Street Adds Pair of Companies Commercial Insurance Market Index Shows Evidence of Hardening Market IIAA Calls for Passage of Remedy to Terrorism Reinsurance Problems Consumer Federation’s Terrorism Insurance Plan Based on ‘Wishful Thinking’ Insurers to Discuss Global Regs, Accounting Standards, Privacy at IIC Roundtable NAREIT, Financial Services Roundtable Emphasize 3 D’s in Letter to Pres. Bush S&P: Maintenance of Ratings Depends on Mitigating Terrorism Risks NAIC Meets in Washington to Discuss Sept. 11 Aftermath The St. Paul Companies Reports Third-Quarter Results NAMIC Donates $476,000 to Victim Relief for SAFECO Reports 3Q Results, Strengthens Reserves by $240M Christie, Pabarue Insurance Attorney: Insurers Should Beware When Paying Sept. 11 Claims October 23 Property Insurers to Exclude Acts of Terrorism, and to Price Premiums for Larger Maximum Losses Oct Kemper’s Ocean Cargo Online Certificates Now Available Fitch Outlines Plans to Resolve Sept. 11-Related Insurer Rating Watches AIA Urges Stronger Safety and Security for Cross-Border Trucking ACORD Unveils New JV XML 2001.1 Standards Federal Government Proposes New Plan to Help Cover Future Terrorist Attacks Hartford Financial Services Group Expects $440 Million 3Q Loss IVANS Survey Finds Insurers Just Hitting Their Stride with Web IIAA Addresses Biochemical, Nuclear Attack Implications on Insurance Coverages Aon & Marsh Families to Receive Donations Agents Now Able to Offer Commercial Banking Products Through Capital Avenue Aon to Underwrite Direct Property/Casualty, Reinsurance Coverages Great American Provides Anytime Access to Policy Information AIR Releases New Web Application for Underwriters InsuranceJournal.com Reports 8.3 Million Hits in Month of September Agency Management Systems Evolve, Expand Opportunities for Agents WTC Developer in Search of $7.2 Billion from Insurer U.S. Insurers Draft Proposal for $10 Billion Government-Backed Insurance Pool Swiss Re New Markets, Mirant Offer Generator Forced Outage Product Marsh Forming Crisis-Consulting Practice AIG Expects Claims to Rise from WTC Applied Systems’ InScope Extends Insurance Operating Hours with Internet-Based, Customer Facing Services Arthur J. Gallagher & Co. Purchases Three Companies Quomp Offers Insurance Solutions in Three New States NAII Suggests Claims Handling Strategies for Damages Connected to Terrorism Attacks America’s Survivor Relief Fund Raises Over $250,000 American Modern, American Express Property Casualty Form Partnership Industry, Legislators Ponder Formation of Terrorist Risk Pool Global Insurers Acknowledge Increased Exposures from Attacks Finance Panel Discusses Insurance Threats Following Sept. 11 AIG eBusiness Risk Solutions Offers New Coverage Fitch Notes Potential Unreported Losses from Sept. 11 NCCI CEO Resigns in Wake of Flag Ban Controversy CNA Unveils New Online Capabilities AIG Member Companies Complete Placement of Aviation War Risk and Hijacking Liability Coverage Octob Berkshire Hathaway’s Buffett Predicts Prolonged Recession Chubb’s D&O/Crime Policy for Community Associations Breaks New Ground Hartford to Raise Equity Towards Sept. 11 Losses; S&P Removes from Watch, Affirms Hartford Financial A.M. Best Provides Transcript for 10/02 Conference Call: State of the Insurance Industry and Rating Costs From Sept. 11 Could Reach $105 Billion NAII Offers Terrorism Reinsurance Proposal Aon Fund to Help Victims of Sept. 11 Tragedy AIG Completes Package for Airlines NAMIC Objects to CFA’s Model for Insurance Regulation Applied Systems’ InScope Extends Operating Hours with Web-Based, Customer Self-Service IIAA Hawaii InfoXchange to Proceed as Planned Communication, Documentation Keys to Efficient Processing of Damage Claims Zurich North America Surety Announces New Notary Public Bond/E&O Package S&P Report: Reinsurers Solid After WTC Attack NAII Counsel to Address Use of Quality, Competitive Crash Parts RMS Releases Newest Catastrophe Model IIAA Endorses Goodlatte Anti-Spam Bill Morris, Manning & Martin Attorney Becomes Congressional Consultant on Insurance Issues NAIC Reassures Congress in Aftermath of Terrorist Attacks Houton Joins IIAA Government Affairs Operation The St. Paul/LoJack Now Covering Automotive/Inland Marine & Construction Marsh Forms New Company in Wake of Disasters A.M. Best Issues Comment and Rating Implications of Sept. 11 Attacks NAII to Hold Annual Meeting as Scheduled Chubb CEO Says Industry Is Strong, Warns That Unavailability of Reinsurance Will Jeopardize Future T NAIFA Joins Coalition, Takes Steps to Respond to Sept. 11 Tragedy Selective Insurance Receives IIAA Endorsement for National Flood Program Insight, KEMPES to Offer Professional Liability Programs for Accountants and Architects & Engineers National Insurance Task Force Appoints New Chair, Works to Expand Accessibility in Lower-Income Comm ASCNET’s 16th Annual Education Conference Slated for Orlando Oct. 24-27 Poll Shows Public Support for Use of Traffic Cameras National News Archives