National News for June 2004 PCI Launches Public Campaign For TRIA Extension IADA Holds 39th Annual Conference Best Downgrades Gulf Group Ratings Zurich Voted ‘Best Private Insurer’ by Readers of Trade Finance for Third Straight Year PIA National Calls for 2004 Award Nominations Best Affirms Markel’s Strength and Debt Ratings Anti-Fax Law Exemption Bill Passes House Committee Best Assigns Mitsui Sumitomo U.S. ‘A+’ Rating P/C Industry’s Q1 Net Income Doubles NFIP Launches National Campaign for Agents, Consumers on Flooding Risks, Insurance Benefits IIABA Honors Virginia’s Adkins with National ACSR of the Year Award Best Downgrades Ratings for Atlantic Mutual Cos. Crum & Forster Announces Management Changes ACE USA Appoints Ratzker ARM VP-Strategic Planning AIR Unveils CLASIC/2 System Experts Warn of Emerging Trend in ERISA Class-Action Lawsuits at PLUS Symposium XL Launches Commercial Property Insurance Initiative Conning Study Finds P/C Expense Revolution Overdue PLUS: More Cooperation, Knowing Labor Laws and Better Underwriting Measures Needed to Stop Lawsuits NAIC Resolution Asks for TRIA Extension AAIS Prepares to File New Terrorism Endorsements HSC: Home Injuries Cost U.S. Employers $38 Billion Annually Crum & Forster Notes Management Changes ASCnet’s 19th Annual ‘TENCon’ Set for Oct. 5-9 PCI Supports Regulators’ Decision to Further Address Sarbanes-Oxley Concerns ACE USA Selected as RV Insurance Provider Lloyd’s Investigates Bogus Umbrella Trucking Policies Insurers Mount Legal Challenge to Multi-state Credit Scoring Study; Ask States to Withdraw Data Call Insurer Groups Laud Congressional Effort to Extend TRIA Aon’s Scarborough Partners with CNA to Offer P/C Coverage to Financial Institutions NAMIC Renews Call to Eliminate Regulation By Litigation Best: Q1 P/C Results Build on 2003 Profit Surge High Court Says ERISA Preempts State Lawsuits Association Awards Golden Torch to IJ’s Publisher Applied Underwriters Appoints Ferenc as Chairman; Menzies as President S&P: Reinsurance Backing Increasingly Flimsy, Conference Panelists Say PIA Urges House to Renew National Flood Program Aon Study Finds 2003 P/C Earnings Volatility Lower PCI, AIA Laud Treasury Extension of TRIA Availability; Urge Further Action to Extend Statute Agent Groups Commend Final Vote to Reauthorize National Flood Program Government to Pay Out Millions for WC Claims in Iraq Fitch Affirms Infinity P/C’s Ratings Best Affirms Liberty Mutual’s Ratings; Ups Outlook Treasury Dept. Extends ‘Make Available’ Provisions of TRIA Panelists Say U.S Reinsurers Must Resist Temptation NAMIC Urges Regulators to Reform Personal Lines S&P Conference Survey Predicts More Mergers; Confidence in Pres. Bush; Increased Price Competition nuServe Partners with ACORD S&P Publishes P/C Insurer Report Card ACE Introduces Weather Coverage for Events 2005 Ford Escape Fails to Earn Highest Crash Test Rating from IIHS Best Affirms General Re Group Ratings of ‘A++’ Senate Votes to Renew National Flood Insurance Program AmWINS Appoints Vaccaro as Specialty Underwriting Division President Crop Insurers Sue USDA Over Subsidy Amount McGinnis Named VP American Re Broker Market Finite Risk Department Best Affirms Employers Re, Westport ‘A’ Ratings; Lowers Medical Protective; Revises Outlook to Stable Triad Guaranty Comments on S&P ‘AA’ Rating Allenbrook, QAS Announce Partnership for Insurance Carrier Address Verification NAIC Regulatory Modernization Roadmap “Not a Detailed Blueprint,” Says AIA NAIC Refers Market Conduct Model Back to NCOIL Rockwood Launches New Disability Income Product SERFF Use in 2004 Outpacing 2003 by Nearly 200% NIPR Reduces Cost by an Average of 15% The Intersection of Privacy Legislation and Insurance Related Litigation Industry Coalition Praises Regulators’ Resolution to Support Terrorism Act Extension Aetna, Cigna and MetLife Face Commission Probe Atlantic Mutual Announces Management Changes Best Affirms GEICO’s ‘A++’ Rating AIA Urges NAIC to Make No Substantive Changes to NCOIL Model Market Conduct Law NAMIC Notes ALEC Adopts Model Legislation Arbitration Forums: Self-Insureds’ Use of Arbitration Growing, More Taking Advantage of Special Benefits A.M. Best Affirms Assurant Subsidiaries’ Ratings S&P Report Highlights Threat of Silica Claims Condo Associations Join Call for TRIA Renewal S&P Reports on P/C Commercial Lines Insurers; Raises Outlook to Stable S&P Affirms-W/draws Old Republic Mercantile Rating ACE Select Markets Gives “Top Ten” Disaster Protection Tips for Homeowners PIA Appoints Kovac as Compliance Affairs Director NAMIC Says Existing Solvency Laws Provide More Protection Than SOX-based Proposal PCI Calls Safety Rule Enforcement Most Important Concern after NAFTA Trucking Decision Riskclick Names DeSocio CEO The Hartford Tops Field for ACORD P/C Awards EQECAT Releases High Resolution Tornado/Hail Catastrophe Model; Cites Potential $11 Billion Loss MarketScout: Robust Competition Across the Board with Reductions in Premiums, Brokers Compensation PIA Urges Congress to Renew NFIP Zurich North America Commercial Names Lehmann CEO USAA Announces Average 7% Auto Rate Reduction Survey: Lack of Terror Coverage Would Hurt Commercial Mortgage Market Fireman’s Fund Names Bhojwani President of Commercial Business Segment ISO’s Coyne: Survival May Be Greatest Challenge for Many P/C Insurers A.M. Best Affirms Dorinco Re; Outlook Stable Associations Grant Mutual Waivers in CPCU, WCP Designation Programs S&P Affirms ACE Ltd. ‘BBB+’ Ratings PIA Notes Strong State Response to Call to Protect Coverage of Returning Soldiers Program Business Leaders Receive Targeted Advice Federal Flood Organization Notes Efforts of The Hartford in Helping Program to Grow Supreme Court Ruling Paves the Way for NAFTA SRA Negotiations in ‘Final Stages’ ACE USA Names Guitian VP Mktg. Accident & Health Unitrin, CSC Conclude Outsourcing Contract Best Rates ACE INA Debt ‘bbb+’; Moody’s ‘A3′ AIG Technologies Releases Of WINS-R- Digital 2.0 IMSA Stakes Role as Market Conduct Model Hull & Co. Goes Paperless Managing Patient Expectations Key to Reducing Malpractice Risk PIA, GE AWS Marketing Partnership Pact for Agents The Hartford Enhances Legal Liability Coverage for Motor Truck Cargo InVEST Awards $30,000 in Scholarships PIA National Launches New Web Site R2K Announces Insurance Processing Outsourcing ACE INA to Issue $500 Million Senior Notes; Fitch Assigns ‘A-’ Rating Report: 1995 Saturn SL Tops Most Stolen Vehicle List New Program for Specialty Trade Contractors Launched Report: EPL Jury Awards Up 18% AMS Says Real-Time Comparative Rater is Only Months Away Allmerica Expects $13 Million Loss from Storms Bristol West Appoints Eisenacher as CFO Survey: Majority of U.S. Institutional Investors Support Further Corporate Governance Reforms I.I.I. Responds to Report by National Academy of Sciences Regarding Toxic Mold The Hartford Adds New Homeowners Coverage to Complement Dimensions Auto Plan Report: Midyear Outlook Stable for U.S. Health Insurers National News Archives
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