National News for September 2002 Education Opportunities Available at CPCU Society Meeting Oct. 19-22 IRMI Providing Free Tips on Surviving Hard Market The Hartford Names New VP PricewaterhouseCoopers Study Says 9/11/ BI Loss Amounts to 30 Percent of Total WTC Claims House Passes Measure to Limit Med-Mal Practice Awards Silverstein Will Appeal Judge’s Sept. 25 WTC Ruling O’Reilly Named Interim CFO at Chubb Task Force Releases Scoring Report, Unveils Water Intrusion Prevention Pilot Condition Critical: Med Mal Liability Markets in Dire Need of Resuscitation Travelers Property Casualty Authorizes $500M Share Repurchase SAFECO, Travelers, Harleysville Garner IIABA’s Best Practices Award of Excellence The Hartford Names New VP NAII Says Federal Case Threatens Insurers’ Ability to Use Credit Information Primary Carriers Note Restrictions on Personal Lines Terrorism Reinsurance AAI Says P&C First-Half Results Could be Better Judge Rules ‘one occurrence’ for trio of Sept. 11 Insurers P&C Net Income Sees 1st Half Surge; Surplus Dips on Weak Investment Results 2002 Agency Universe Study Reveals Trends in Industry Weiss Reports P/C Insurers Post $5.5B Profit in 1stQ 2002 IIABA InfoXchange Opens with State of the Industry ACT States Need for More Effective Agent-Company Interfaces Converium Makes Management Changes at U.S. Unit NAII Pens Letter to Congress for federal terrorism reinsurance backstop ACE USA Appoints Macdonald as Chief Underwriting Officer Silverstein Rejects as False, Allegations That Proceedings Against Willis Are Contemplated Insurers Applaud White House Cyber Security Initiative AIR Releases Climate Forecasts for Winter Season AIG Appoints Schreiber Vice President, Strategic Planning Patriot Act Final Rules on Money Laundering Exempt P/C Insurers idNET Re-Brands as Afni Insurance Services Greene Joins Alea North America Co. AIA Hires Quigley as Political Director ACE Risk Management Creates New Excess Workers’ Comp Unit AIG Unveils New Policy RMS Unveils Game Theory-Based Terrorism Risk Model AIA Supports Improvements in NAIC Plan to Study Market Conditions IIABA Points Congress to Pragmatic Reform Approach CIGNA Receives Chinese Insurance License Hagerty Collector Car Agency to Offer Exclusive 24-Hour Roadside Assistance Program IVANS Executive Broadband Access Provides Secure Solution for ‘Anytime, Anywhere’ Applications Insurance Journal Acquires Claims Guides Directories Zurich North America Uses Online Technology to Partner with Other Carriers on Machinery and Equipment Breakdown Coverage New Guy Carpenter Study Finds Reinsurance Markets Worldwide Hardened in 2002; Rates Increased in All Regions for Virtual Judge Dismisses J.P. Morgan Fraud Claim NAII Provides Overview on Recent Homeowners Trends Conning Says Despite Predictions of Their Demise, Small P/C Insurers Excel Berkley Corp. Forms Underwriting Management Group Insurers Question Direction of Credit Scoring Working Group Terrorism Insurance Remains Elusive S.I.S. and Connective Announce Partnership for Upload Solutions Royal & SunAlliance USA and Universal Reinsurance Join Forces For Personal Agency Captive Program Con Ed, Insurers Sue Port Authority NAIC Approves Amendment to Privacy Model Regulation Insurance Journal Web Site Reaches Milestone of 1 Million Page Views a Month IVANS Networking Provides Broadband Connectivity Program for Independent Agents Morris, Manning & Martin Forms Legal Practice Group For MGA’s Wachovia to Purchase Assets of E-Risk Services to Expand Offerings AAI Says Economic Factors Driving P&C Rates; Urges Regulators to Resist Rush to Regulate Chubb Releases Cyber Risk Needs Analysis ISO Redesigns Web Site Royal & SunAlliance USA Names Ward Executive VP for Commercial Segments Callahan Joins IIABA Communications Team AAIS Web Seminar with Revisions to Commercial Output Program Sept. 25 Applied Systems Enhances its Data Merge and Extraction Process Hub International Expands U.S. Brokerage Operations WFG Capital Advisors LP, Insurance Transitions Form Strategic Alliance S&P’s Report Says U.S. Health Market Physically Fit Cancelled Insurance Woes Lead to Trucking Company’s Downfall 9/11 and Insurance, One Year Later; Terror Attacks Most Complex Disaster in History S&P’s Issues Report on Sept. 11 Insurance Payments ISO Launches XML-enabled Personal Injury Claims Management Solution Insurers Issue Blueprint for Self-Certification of Rates and Forms EMC Companies Selects Netvion Galileo to Discover and Manage through Cisco PIX Firewalls ACE Risk Management Forms New Custom Casualty Unit Chubb: Choose Building Sites Carefully Weiss Ratings Says Domestic Insurers Report Net Claims of $8.5 Billion from Sept. 11 Attacks ADP Claims Services Names John Kotsopoulos Vice President of Sales CGI Anticipating Acquisition of INSpire Insurance Solutions Operating Assets RLI Splits Stock, Increases Dividend IRMI Releases Cost Control Manual National News Archives