National News
News for December 2002
December 31, 2002
- Society Meeting Reports Insurers Have Much to Think About in Dealing with Present Challenges
- Kemper Announces Retirement of President and COO
December 30, 2002
- Munich Re Estimates 2002 Insured Losses from Catastrophes at $11.5 Billion
- Hub International to Purchase Fifth Third Insurance Services
December 27, 2002
December 26, 2002
December 25, 2002
- New Med-Mal Providers Approved for Pennsylvania
- National Indemnity Backs Kemper With Cut-through Agreement
- Sapiens to Integrate IBM's WebSphere Portal
December 24, 2002
- NAII Says 35 States Have Adopted ISO Mold Limitations
- Former Frankel Associate Pleads Guilty
- Study Shows Agency Growth and Increased Productivity
- Jury Trial in Works for Twin Towers Dispute
December 23, 2002
- Class Action Settlements Need Finality, AIA Urges High Court
- S&P Cuts Kemper Ins Cos Members' Ratings
- Hilb, Rogal and Hamilton Announces Merger with Freberg Group
December 20, 2002
- ISO Says Insured Losses Stand at $360M from Early Dec. Winter Storm
- WCRI Says Wide Variations in State Workers' Comp Medical Fee Schedules Unrelated to Provider Costs
- AAI Pleased with Second Interim Guidance on Terrorism Insurance
December 19, 2002
- Insurance Information Institute Takes Peek at 2003 Forecast
- Silverstein Triumphs Against Attempt by Insurers to Avoid Two Occurrence Claim
- DriverShield, ClaimsNet Form Alliance
- Chubb Group Unveils New Policy for Independent Directors
December 18, 2002
- Survey Says Industry Executives Want IT Modernization Despite Budget Limits
- Weak Investment Results Throw Curve at P/C Insurers' Recovery at Nine-Month Mark
- Coalition Unveils Its 'Fraud Hall of Shame' List for 2002
December 17, 2002
- NAIC Adopts Resolution as Flood Insurance Program Sunsets
- Small P/C Insurers' Underwriting Success Trumped by Lagging Investment Results
December 16, 2002
- RAND, Risk Management Solutions Form Alliance to Study Terror Risk, Compensation
- Alliance, NAII Host Meeting on Terrorism Risk Act Implementation
- IIABA Providing Members Terrorism Insurance Guidance, Resources
December 13, 2002
- AIA Says Credit Scoring Expands Consumer Choice, Makes Pricing More Accurate
- AIA Study Says Asbestos Costs Companies $275 Billion
- Travelers P&C and AMS Services to Offer Real-time SEMCI Quoting
- S&P Assigns Aon Corp.'s $225M 144a Senior Notes 'A-'
December 12, 2002
- NAII: Progress Continues on Accessing MVRS, NAFTA Should Go Forward
- IRC Reports Satisfaction With Companies Despite Rising Premiums
- Industry Takes Stand at Autobody Congress
December 11, 2002
- NICB Unveils Thieves' Auto Wish List
- NAIC Adopts Privacy Amendment, Postpones Action on Credit Proposals
- AIA Pleased by Formation of New NAIC Working Group on Class Action
- Afni Insurance Services Partners with The AMS Users' Group
December 10, 2002
- Economic Factors Fueling P/C Rates; AAI Urges Regulators to Resist Haste to Regulate
- ProFinance Holdings Corp. Completes $15M Trust Preferred Securities Offering
- AAI Pleased With Early Action by Treasury, NAIC on Terrorism Insurance
- Litigation, Mandates Add to Largest Jump of Health Benefit Costs Since 1990
December 9, 2002
- NAFTA: Borders Open, Regulators Review Privacy and Inspection Concerns
- Morris, Manning & Martin Forms Terrorism Insurance Group
- Allfirst, IFS Join Forces to Offer Products Through Independent Agents
December 6, 2002
- AAI Says Residual Auto Market Burden Lessens, Still a Problem However in Several States
- S&P's Lowers ERC Ratings to 'AA-'
- ISO Files Policy Forms and Rules for Insurers to Meet Terrorism Coverage
- The Bluebook International Releases New Software Solution for Insurance, Construction Industries
- Travelers Introduces New D&O Liability Policy
- The St. Paul Cos. Forms New Underwriting Unit for National Program Business
December 5, 2002
- PIA National Requests Executive Order on Reauthorization of National Flood Program
- S&P's Maintains Negative Outlook on Commercial Insurers
- NAII Praises Treasury's Quick Action on Terrorism Guidance
December 4, 2002
- ACE Casualty Risk Enters Environmental Risk Market
- S&P's: Higher Premiums Support Personal Lines Insurers
- ISO Says Insurers' Losses from Seven-State Tornado Damage Stand at $460M
- The St. Paul Cos. Pays Third-Highest Dividend to ICBA Members
- Travelers Unveils Application for Risk Managers to Receive, Access Claim Reporting Materials Electronically
- Newtek Business Services Partners with AIG's American International Companies for Market, Product Development
December 3, 2002
- S&P's Sees Improvement for Personal Lines Insurers
- Allstate Prevails in Labor Ruling Prohibiting Agents from Collective Bargaining
- New Reports Shows Asbestos Litigation Crisis Hurting Workers
- CPCU Society Unveils 'Mold Mania!' CD Rom
- AMS, LiveVault Form Alliance
December 2, 2002