National News for November 2002 S&P’s Lowers Majority of State Farm Ratings NAIC Adopts Terrorism Bulletin One Week Prior to San Diego Meeting Chubb Announces the Exercise in Full of Over-Allotment Options by Underwriters of Equity Unit Offering NAMIC Protests AICPA Draft Statement S&P’s Takes off Watch, Lowers Hartford Financial Services Ratings A.M. Best Lowers Debt Ratings of Chubb S&P’s Revises Travelers PC Outlook ISO Complements EPL Program with Reinsurance, Claims-Handling Services from FairBoss No-Fault Reform to Be Goal in 2003 Colo. Legislature Travelers Makes Real-Time Policy Available Through Applied Systems Agency Management Systems New Risk Tools Offered through The Hartford, SBA AMS Unveils QuoteWorks Rating for Central States ISO Develops New Commercial Policy Forms, Rating Information for Terror Backstop Law IRC Survey Points to Auto Safety as Major Factor in New Car Purchase NCOIL Adopts Credit Scoring Model, Stalls Aftermarket Parts Model Pres. Bush Signs Terrorism Risk Act into Law CIAT Views Backstop to Increase Availability, Reduce Cost of Terrorism Risk Coverage S&P’s: Little Ratings Cheer for Insurers in Terror Law Littlefield Says Key Focus for U.S. Marine Insurers is to Improve Combined Ratio, Secure Ports Baldwin Sadler Corp. Unveils New Truckers Occupational Accident Program W.R. Berkley Corp. Closes Public Offering, Subsidiaries Receive A.M. Best Rating Auto Rates Continue Climb Upwards NAII Praising Senate for Including Risk-Sharing Mechanisms in Terrorism Reinsurance Bill S&P’s Lowers Reciprocal of America Ratings to ‘Bpi’ Insurers, Agents Urge NCOIL to Pass Model Act on Credit-Based Scoring Fitch Says Terrorism Bill a Mix Blessing for U.S. Insurers New Report Says Hazard Planning Reduces Insured Losses from Disasters Questerra Unveils Visual Decision Support, Analysis Solutions for Underwriting and Risk Management Acord New Head of Trusted Choice Branding Initiative Insurity Enters Into Deal with Cypress Point Insurance ISO’s New Personal Inland Marine Policy Forms Available to Participating Insurers by Year-End InsLogic Chosen to Provide New Platform for Ford Vehicle Program American Arbitration Assoc. Notes New Reinsurance Dispute Rules Pa. Senate Rejects Ban on Use of Credit-Based Scores Target Markets Summit Meeting a Success AAI Lauds Senate Approval of Terrorism Legislation Hartford Study Says Producer Compensation Tied to Agency Size, Profitability UnumProvident Fights Recent Allegations ISO, ALR Announce New System to Report Theft of High-Value Stolen Property by Insurers S&P’s Puts Acceptance Insurance Cos. and Subsidiaries on Watch Negative Kowar Named Regional Director, VP of MSAG’s Southern Region Afni Insurance Services Releases CSR24 for Agents, Brokers Texas Coalition Promotes Competition, Consumer Protection AAI Gathering Told Increased Corporate Governance Requirements Will Impact Both Stock and Mutual Insurers CPCU Society Elects 2002-2003 National Officers Ind. Agents and Brokers Continue to Increase Market Share in Personal, Commercial Lines W.R. Berkley Corp. Notes Proposed Public Offering AIG’s American International Companies Unveils Workplace Violence Insurance IIABA Commends House Approval of Terrorism Insurance Legislation AAI Tells Panel Opportunities Exist to Advance Asbestos Reform AAI Applauds House Passage of Terrorism Bill; Encourages Senate to Follow Suit CT Ins Services Unveils CE Tracking Program MedSolutions Announces Radiology Solutions Designed for WC and Auto Liability Marsh Introduces Internet-based System for Marine Insurance Functions Tornado Losses in Tenn., Ohio and Other Eastern States Expected to Be $290M NAII Says Physicians Group Statement Takes Practical View of Mold Target Markets Selects Board Members at National Summit Meeting SoftNet Systems Purchases Insurance Holding Company, Changes Name to American Independence Corp. Panelists Try to Break Down Mold Issue in E&O Analysts Wrap Up PLUS Conference With Look at State of the Industry Markel Announces New Unit and Appointment of John Latham RIMS Seeks Survey Participants Insurity, Arch Capital Forge Agreement NAII Promotes Staff Members Insurance Journal Online Responds to Carriers’ Requests for Insurance News Feed IRC Report Shows Falling Auto Accident Rates, Higher Injury Claim Rates Police Reports Now Available Via ISO’s All-Claims System S&P’s Affirms Aon Cap-Related Deals Diversified Risk Insurance Brokers Join TechAssure Assoc. Report Berkshire Hathaway Interested in ERC Industry Analysts Tell PLUS Conference Attendees There Needs to Be More Discipline NAII Says GOP Control of House, Senate May Break Log Jam on Legislation Coalition Says Voters Send Clear Message on Tort Reform IIABA Optimistic on Legislative Agenda Following Mid-Term Election A.M. Best Affirms Rating of Royal & SunAlliance USA Pool Rohm and Haas to Receive $43M Settlement The National Alliance Producer School Visits Calif. In Jan. 2003 Iowa, Utah Adopt Consumer Privacy Regulations AMS Group Earns ‘enterprise’ Certification from TruSecure Corp. R&SA Announces Restructuring of U.S. Operations Asbestos Expert to Address ISOTech Conference Nov. 12 ISO Develops New Claim Diagnostic Service to Benchmark Insurers’ Claims Settlement Practices S&P’s Lowers Chubb Corp. Ratings, Off Watch; Outlook Negative Zurich North America Implements New Initiative for Underwriting TechAssure to Hold National Meeting in Dallas Industry to Explore Array of Topics at ISO Conference N.C. Rate Bureau Appeals Commissioner’s Order NAII Submits Comments to Regulators Aon Completes Workers’ Comp Catastrophe Models RMS Update Shows European Windstorm Damages Climb Upward S&P’s Lowers American Compensation Co. Ratings IVANS Survey Reports Concerns With Insurance Information Security ISO Unveils New Line of Liability Coverages A.M. Best: A&E Losses Increase in 2001, Reversing Two-Year Decline Identity Fraud Expense Coverage Seminar Accessible Via Online Recording Pacific Bell Signs Online Advertising Agreement With Insurance Journal Online Finnegan Named New Chubb CEO GAB Robins Names New Managing Director for Capital Partners Division S&P’s Places Aon Corp. Ratings on CreditWatch Negative RMS Develops Building-Specific Risk Data for City Centers NAII Urges Texas Supreme Court to Overturn Diminished Value Ruling Moody’s Expecting Modest Losses for P/C Insurers’ Investment Portfolios National News Archives
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