National News for December 2003 MFX Makes Available End-to-End ASP Commercial Lines Solution Venture Programs Expands Preferred Club Program Through Alliance with ACE Westchester Specialty Group The National Alliance to Expand University Programs During WRIA Annual Meeting AIG Mergers & Acquisitions Division Notes Launch of Global Web Site W.R. Berkley Corp., Operating Companies Ratings Affirmed; Outlook Negative Best Downgrades Employers Reassurance Regulatory Modernization Top Priority in 2004 Says Industry Trade Group FTC Grants Early End to St. Paul/Travelers Merger Review Insurance Journal, InsuranceTimes Team Up for Northeast Publication Peak Performance Offers Insight to Agency Management P/C Industry’s Net Income Surges, But Slowing Premium Growth May Hamper Further Progress, Report Says Travelers Names Charles T. Brooks, Chief Information Officer, Personal Lines Hartford Settles Mac Arthur Asbestos Litigation for $1.15 Billion S&P Lowers Medical Protective’s Ratings to ‘A;’ Off CreditWatch Coalition Against Insurance Fraud Reports Convictions Rise Nearly a Third Bookman Named SEMA Businesswomen’s Network Select Committee Member Insurance Media Association Elects van Aartrijk President; Angelone and DeMartine Also Named to Offices IEF Names Forrester as New President, CEO S&P Notes: Berkshire Hathaway Finance Corp. Assigned ‘AAA’ Senior Debt Rating Insurance Information Institute Unveils Earlybird Forecast for 2004 New Chubb Liability Policy Adds Layer of Protection for D&O AIA Says 2002 Rise in U.S. Tort Costs Reinforces Need for Civil Justice Reform Insurance Fraud Hall of Fame Welcomes Newest Members Conning Study Says P/C Insurers’ Loss Reserves Hit Turning Point as Deficiencies Decrease Travelers Warns of Getting Burned During the Holiday Season Brown Named Public Affairs Manager at IIABA Schinnerer Expands EdChoice to Include GL Coverage Alliance, NAII Boards Approve Merger; New Organization Would be Called PCI Pierce Joins the Client Analysis and Advisory Services Unit for American Re-Insurance Co. REM Appoints Riney as President and CEO A.M. Best: P/C Industry Notes Strong Q3 Results, But Reserve Development, Rate Deceleration Emerge J.D. Power: Independent Agents Expect Volume Increase With Carriers IIABA Boasts Anti-Spam Exemption President Bush Inks Short-term Extension of Flood Insurance Program NAIC Committee Adopts Market Analysis Handbook Interstate Insurance Group Implements Web-enabled Rating for Pair of Its Major Commercial Lines Travelers Adds to Response for Customers and Injured Workers North American Liability Group Names Tews to Board of Directors Aberrations for Certain Coverages Create Problems for Insureds and Underwriters Alike More Consolidation in 2004: Tillinghast Atlantic Mutual Cos. Ratings Fall on CreditWatch NAIC Receives Cost Information on Phase 1 NAII Voices Concerns Regarding Enforcement of Judgments Abroad AIG Specialty Workers’ Comp Notes Launch of AIG RiskTool System Berkley Medical Excess Underwriters Appoints Brown to Position of VP Underwriting NAII Applauds Adoption of NYSID Proposal to Exempt Rated Securities from NAIC Filing Requirements 10 Departments Receive Accreditation Awards Winston to Head NAMIC Federal Affairs ACI Names MMM PR Firm Again Travelers, InStar Corp. Note New Real-Time E-Service Solutions to Agents Using IVANS Transformation Station IBHS Congress Hears of Impact from Disasters, Mold, Recent Hard Market A.M. Best Affirms Chubb’s Financial Strength and Debt Ratings OneBeacon to Acquire Atlantic Mutual’s Commercial Insurance Business Allenbrook Notes Successful Release of Phoenix 7.0 Afni Insurance Services Notes Enhanced Web Services A.M. Best Reacts to OneBeacon’s Purchase of Atlantic Mutual’s Commercial Lines Renewals Alliance Urges NAIC to Move up Regulatory Modernization Efforts Csiszar Named NAIC President for 2004 The Hartford Making Ocean Cargo Safer for Businesses President Inks Reauthorization of Fair Credit Reporting Act AIG Private Client Group Unveils Yacht Insurance Miller Elected President of CAS; D’Arcy is New President-Elect ACE USA Appoints Wise to Lead Terrorism Underwriting Unit Venture Programs Forms National Accounts Division Treasury Unveils Proposed Rules on Terrorism Risk Insurance Act Browne Appointed to NAII Board of Governors Association Introduces New Warehouse Program St. Paul, Travelers Announce Execs for Combined Company AIR’s CATStation Now Available to Risk Managers S&P Assigns Liberty Insurance Holdings Intercompany Pool Members ‘A’ Rating Med Mal Reform Still a Priority for Bush CNA to Sell Benefits Business to Hartford Chubb Group Unveils Coverage to Help Ease Emotional, Financial Impact of Crime Senate Strikes Deal on Class-Action Reform National News Archives
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