National News
News for September 2001
September 28, 2001
- Rising Loss Estimates Heighten Concern for the Stability of Some Insurance Sectors September 28, 20
- NAII Urges Caution on Federal Intervention
- Christie Pabarue: WTC Losses May Spark High Failure Rate Among Reinsurers; Additional Strain on Insu
- Erie Indemnity Estimates Exposure from National Tragedy
- Chubb Introduces Comprehensive EPL Loss Prevention Program
September 27, 2001
- NAIC Donates $10,000 to Honor Former NY Ins. Superintendent Lost in Disaster
- AMR Corp. Notes Insurers Canceling Coverage
- NAMIC Commends Financial Services Committee for Hearing
September 26, 2001
- NAIC To Hold Summit to Discuss Terrorist Attacks
- Fitch Completes Ratings Analysis Following Terrorist Attacks
- The Hartford Extends Premium Payments in Light of Terrorist Attacks
- Number of Defective Product Inspections Per Month Increases
- Baldwin & Lyons Inc. Reports Losses Relating to World Trade Center
September 25, 2001
- White House Notes Insurance Executives Did Not Seek Public Funds
- Insurance Leaders Meet with President Bush to Discuss State of Industry
- NAIC Agrees with Congressional Committee's Stance Regarding Sept. 11 Tragedy
- Zurich North America Will Not Invoke 'Act of War' Exclusions
- S&P Watching Hartford Following Disaster
- Chubb Subsidiaries Placed on Negative Watch
- IMMA Board Votes to Cancel 2001 Annual Conference
- Navigators Estimates Losses from Terrorist Attack
- American Financial Group Issues Preliminary Estimate on Recent New York City Tragedy September 25, 2
September 24, 2001
- CNA Sees Pre-Tax Losses of Up to $350 Million
- Cost of Business Interruption Claims from Terrorist Attacks May Take Months to Determine September
- A.M. Best Expects Industry Losses to Exceed
- The St. Paul Cos. Expects Net Pretax Losses of $700M from Attacks
- Fitch Puts Markel Corp. on Rating Watch Negative
September 21, 2001
- NAMIC Responds to House Committee: 'Insurance Employees are Patriotic Americans'
- Kemper Estimates Net Losses from Sept. 11 Terrorist Attacks to be $60M-$80M
- A.M. Best Cancels, Reschedules Annual E-Fusion Information & Technology Conference September 21, 20
- IIAA Establishes Industry Disaster Resource Website
September 20, 2001
- Congressional Leaders Urge Industry to 'Fulfill
- NCCI Finally Gives Okay to Flags at Work
- Liberty Mutual Group Expects $200M-$300M Loss from Terrorist Attacks
- The Hartford Estimates Losses from Terrorist Attack Could Approach $450M
September 19, 2001
- S&P Warns of Negative Rating Implications
- Fitch Assesses Insurer/Reinsurer Loss Exposures to U.S. Attacks
- Workers' Comp Insurers to Play Integral Role in Tragedy's Aftermath
- Aon Provides Update to Clients and Stockholders
September 18, 2001
- St. Paul Re's New York Operations Continue from Morristown, N.J.
- CIAB Cancels Insurance Leadership Forum
- NAIC Cancels Fall National Meeting in Boston
- Insurers Will Do 'Everything Within Their Power' to Ease Claims Process in WTC Disaster September 1
- AON Says It Still Can't Account for About 200 Employees
September 17, 2001
- HCC Comments on WTC Tragedy, Anticipated Impact on 3Q Results
- IIAA, New York Association Establish America's Survivor Relief Fund
- S&P: Insurance Industry Not Crippled by WTC Attack
- AIG Issues Preliminary Estimate of Losses Resulting from Terrorist Attacks By Charles E. Boyle Sep
- Odyssey Re Reports Preliminary Estimate of Exposure From Terrorist Attacks
- GMAC Issues Statement Regarding Exposure in Connection with WTC Properties
- ACE Ltd. Evaluates Exposure in the Wake of Terrorist Attacks
- Midway Airlines Ceases Operations Following Terrorist Attacks
- The St. Paul Cos. Issues Statement on Sept. 11 Attacks
September 14, 2001
- Insurance Technologies Postpones 2001 User Conference
- Aon 2001 Resource Fair Cancelled
- Insurance Companies Had Major Presence in World Trade Center
- Lutine Bell Rung for Victims of U.S. Terror Attacks
- NAMIC Annual Convention Cancelled in Face
- SCPIE Operations Not Affected by Loss of Office
- Collection at Conference & Expo 2001 for Victims of Terrorist Attack
- SCOR Group Issues Statement on Tragedy
- MMC Working to Locate Employees, 1,300 Reported Safe
- Terrorist Attack Likely to Have Modest Impact on Property Insurers, Weiss Says
- Global Insurance System Has Financial Strength to Handle Losses, I.I.I. Says
September 13, 2001
- Officials Begin to Assess the Damage as Smoke Clears, Casualties Mount
- Majority of Aon Employees Safe, Company Reports
- NAII Releases Follow-Up on Insurance Ramifications of Attack
- RLI Expects Limited Losses, Is Fully Operational
- The Hartford Is Ready to Assist Customers Affected by Terrorist Attacks
- Lloyd's Says Estimates of Total U.S. Damage 'Deeply Flawed'
- International Insurance Stocks Plunge for
- Chubb Announcement Regarding Sept. 11 Tragedies
September 11, 2001
- IIAH Cancels Legislative Luncheon
- RLI Corp. World Trade Center Office Closed
- Insurance Stocks Pummeled in International Trade, NYSE Will Not Resume Trade Wednesday September 11
- Lloyd's of London Evacuates Office Towers Following U.S. Terrorist Attacks
- Use of Credit Scoring is 'Unreliable, Inaccurate,' NAAA Believes
- NAII Comments on Terrorist Attacks
- NAMIC May Cancel Convention in Wake of Disaster
- NAPSLO Cancels Annual Convention
- IIAA Expresses Condolences, IIAANY Coordinates Agent Community Response
- World Trade Center Attacks Will Be the Most Costly Man-Made Disaster in U.S. History, Insurance Info
- Terrorist Acts Strike New York and Washington
- A.M. Best Releases 6-Month Property/Casualty Results
September 10, 2001
- Fear of the Unknown--The Mold Issue Raises More Questions Than Answers (Part II) By Catherine Tapia
- Use of Credit Scoring is 'Unreliable, Inaccurate,' NAAA Believes
- Online Insurance Marketplaces Going After Small Business, IDC Reports
- Frontier Pacific Insurance Co. Conserved
September 7, 2001
- Kingsway Expands Nonstandard Auto in U.S.
- HCC to Enter Surety Market
- Progressive Survey: Nearly 1 in 10 Consumers Likely to Commit Insurance Fraud
September 6, 2001
- AIG Cuts Staff, Announces Management Changes After Am Gen Integration
- NAMIC Launches MoldUpdate.com
- NAMIC Launches MoldUpdate.com
- The St. Paul Revamps Marine General Liability Product
- New SAFECO CIO Focused on Innovation in Technology
- New SAFECO CIO Focused on Innovation in Technology
September 5, 2001
- PLUS Introduces Computer-Based Testing for RPLU Program
- Courts Continue to Reject Diminished Value Concept in Class Actions
- NAMIC to Host 106th Annual Convention in Washington, D.C.
September 4, 2001