National News
News for May 2004
May 28, 2004
- PCI Says Recent Midwest Floods Show Need to Reauthorize NFIP
- ACT Unveils Agent-Broker 'One-Stop' Web Site for Real-Time Interface Information
- AIG Introduces "iClaims" -- New Imaging Technology
- Beware Termites!
- HomeInfoMax Adds New Features to Web site
- NAIC Comments on A.M. Best Insurer Solvency Study
May 27, 2004
- Berkshire to Acquire 16% Stake in White Mountains
- NAMIC Urges NAIC to Table 'Sarbanes-Oxley' Proposals
- AIG Small Business Introduces New Online Services for Insurance Brokers and Agents
- S&P Affirms GEICO and Subs 'AAA' Ratings
May 26, 2004
- Best Expands E-Fusion Award to Six Categories
- Allstate Study Warns on Coastal Floods
- Union Pacific Announces Derailment Settlement
- Arch Insurance Announces $25 Million in New Capacity for Railroad Industry
- IOM Study Reports Limited Adverse Health Consequences from Mold
May 25, 2004
- Chubb Survey: One in Four Private Companies Sued by Employees, Former Employees
- St. Paul Travelers Announces Settlement of Common Law Asbestos-Related Direct Actions
- Xerox Survey Reports Productivity as Top Business Priority for ACORD LOMA Attendees
- AIMU Board Backs Revisions to Cargo Clauses
- Accenture Survey Targets Industry Fraud
- Aon to Outsource Most U.S. IT Infrastructure to CSC
- Hartford Announces New eSubmission Capabilities
May 24, 2004
- ePolicy Solutions Reports Findings of Online Industry Systems Open Forum
- ACORD Launches New Advantage Web Site
- Progressive Offers Real-Time Claims Info to Independent Agents, Brokers Using Applied Systems
- Best's 34-Year P/C Insolvency Study Finds Industry Remarkably Resilient
- Survey Shows Majority of Risk Managers Say Contingent Commission Practice is Conflict of Interest
- CalSurance Adds Rush to Sales Team
- Marine Underwriters Association Revises Cargo Clauses; First Revision in 38 Years
- ACORD Demos Newly Released Fillable Forms at Conference
May 21, 2004
- Beneducci Promoted to COO at Fireman's Fund
- First Premium Insurance Group Unveils 'Supplemental Natural Disaster Protection'
- CIS Enters Into Deal with FinancePro
- Report: Auto Premium Errors Cost Insurers $15 Billion
- CEO Ayer Touts 'Tremendous' Year for The Hartford
- Best Releases Latest Version of Underwriting Guide
May 20, 2004
- U.S. House Passes OSHA Changes for Employers
- InVEST Names Afni's Roy to Board of Directors
- OnlineBenefits to Purchase Captiva Systems
- Fallout from MMC's Kroll Acquisition
- Best Downgrades NIPPONKOA Insurance Co. of America
May 19, 2004
- PIA Calls on All State Departments to Protect Returning U.S. Soldiers from Rate Hikes, Coverage Denials
- MMC to Buy Kroll for $1.9 Billion
- PCI Says Regulatory Modernization, Credit Scoring Continue to Be Top Issues
- PCI Hosts Mini-Seminar on Sarbanes-Oxley Act
- MONY Shareholders Approve $1.5 Billion AXA Merger
- S&P Affirms AFG Ratings; Raises Outlook
- U.S. Investment Slowing in Europe Says RiskProNet Conference Speaker
May 18, 2004
- Management Cybernetics Notes Release of Omni7
- Allenbrook Unveils New 'Express' Version of Phoenix
- Insurers Urge Senate Panel to Extend TRIA
- PIA Lauds N.D. Commissioner for Helping Returning GI's
- Bookman, Trought to Head American Collectors
- Arch Introduces Environmental Multi-Line Policy
May 17, 2004
- PCI White Paper: Insurer Profitability Must Be Viewed Over Long Term
- Hastings Mutual Reports Full Deployment of Guidewire ClaimCenter
- Deloitte & Touche Names Spruell, Thaler to Posts
- Background Checks, Fingerprinting System Should Be First Priority, Says PCI
May 14, 2004
May 13, 2004
- PCI Spurs Need for Medical Liability Reform; House Approves Legislation
- CARH Praises House Vote on Med-Mal Reform
- IBHS Makes Available New Checklist to Make Manufactured Homes More Secure
- Wachovia Open to More Insurance Acquisitions
- TechAssure Partners with Euclid Managers
- S&P Report: Property Catastrophe Reinsurance Shows Good Year, Despite Higher Losses
May 12, 2004
- The Doctors Co. Adds Starcher to Board of Govs.
- Best Announces Ratings Actions on Aon Subsidiaries
- Great American Insurance Group Joins AIA
- Fitch Downgrades ACA Financial Guaranty to 'BBB'
May 11, 2004
- ALEC Civil Justice Task Force Adopts NAMIC Model Law
- Standard Insurance Co. Unveils New Online Tools
- S&P Reports on U.S. P/C Industry Financial Condition
- ISO Launches Major New Microsoft® .Net-Ready Version of ISO Claims Outcome Advisor Solution
- Physician Group's Study Claims Cost to Society of Lack of Health Insurance in U.S. Tops $100 Billion
- Correction: 100 Largest P/C Independent Agencies
May 10, 2004
- Insurer Groups Say Multistate Credit Scoring Study Likely to Be Biased
- Assurant Employee Benefits Sells WorkAbility Division
- Marshall Named President/CEO at Camelback
- AIG Excess Casualty Unveils AIG ExcessPrime
- PCI Statement on Breakdown in Asbestos Negotiations
- Fireman's Fund Selects Kavitsky to Succeed Post as CEO and President
- CPCU Society to Present Reinsurance Symposium
- Asbestos Negotiations Die in U.S. Senate
- ISO Launches .NET-Ready Version of Claims Software
- Life Actuaries Should Put Consumers' Interests First, Says Watchdog Organization President
May 7, 2004
- NCCI Unveils 2003 Workers' Comp Numbers
- PCI Workshop Targets Top Causes of Construction-Related Injuries, Fatalities
May 6, 2004
- OneBeacon Joins E&S Property Market
- MarketScout: Rates Adjusted Downward Later in Summer
- CDS Unveils Slope/Aspect/Elevation Report
Questions of Coverage for Terrorism- RMS, Marshall & Swift/Boeckh Form Partnership to Enhance Property Valuation for Risk Analysis
- PCI Welcomes Three New Member Companies
- Fitch Places ACA Financial on Rating Watch Negative
- ACE USA Appoints Cook as VP- ACE Captive Solutions
May 5, 2004
- PCI Expresses Concerns on States' Credit Scoring Study
- The Hartford Adds New Program to Help Employees, Claimants Overcome Disability-Related Challenges
- PIAA, NPDB Data Show Med-Mal Costs Still Rising
- Chubb Introduces an Intellectual Property, Privacy and Communications Liability Risk Management Handbook
- IIABA Study Warns on "Electrical Hazards"
- Imaging at a Glance Study Published
May 4, 2004
- Jury Rules For Swiss Re in WTC Recovery Case
- PCI Cites ISO Action as Supporting TRIA Renewal
- Fireman's Fund Picks American Collectors Insurance to Provide Collector Vehicle Coverage
- TowerGroup Study Finds U.S. Insurers Invest in Response to Infrastructure Weaknesses Uncovered in Sarbanes-Oxley Audits
- PCI Comments on Allstate Class Action Verdict
May 3, 2004
- Allstate Wins Class Action Suit on Diminished Value
- ISO Files Conditional Terrorism Policy Endorsements
- ACE USA Creates New Healthcare Practice
- Best Offers Its Suite of Reinsurance Information for P/C and Life/Health Insurers on CD-ROM and Online
- Swiss Re Completes Admin Re Acquisition of CNA's Individual Life Insurance Business
- Hooper Holmes Buys Mid-America Agency Services
- Big I Board Nominates Stiglitz as President-Elect