National News
News for May 2005
May 31, 2005
- AIG 10K Filing and Restatements Shave 2004 Net Income by 11.9%
- KFF: Medical Malpractice Claims Stable; FTCR Reports Time to Focus on Insurers' Practices
- AVRECO Launches Market for Borderline Surgeons and Doctors
- S&P: No Rating Action on HRH After Lockhart Resignation
- Ramsey Named VP of National Personal Lines at Hull & Company
May 27, 2005
- Ohio AG Moves to Block Greenberg Sale of AIG Common Stock to Wife
- HRH President Resigns Following Disclosure to SEC
- AIG Accountant PWC Alleged to Have Disregarded Warnings
- RiskMeter Online Expands Distance to Fire Station Report to Ariz., N.J., N.Y.
May 26, 2005
- N.Y. AG Spitzer, Supt. Mills File Civil Suit Against AIG
- GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen
- Marsh Exploring Options for Wholesalers Crump and Price Forbes
- Study: Typical American Family Spends $12K on Medical Annually
- Willis Adds Russo to Global IT Team
May 25, 2005
- NAMIC: Statutory Remedies to Curb Fraud Abuse Spreading Across U.S.
- Senate Port Security Hearing Looks at Attention on Need for Federal Terrorism Insurance Mechanism
- Travel Wallets Expand as Americans Spend More than $1 Billion a Year on Trip Insurance
- SaferCar.Gov Unveils Car Crash Test, Rollover Ratings for 2005 Cars
May 24, 2005
- Keynote: Auto Insurance Web Sites Main Consumer Source for Quotes
- The Hartford Offers Agency eSubmission for Mid-Market Business
May 23, 2005
- Marsh & McLennan to Reprice Some Employees' Stock Options Hurt by Probes
- New Age Brokerage Makes Apartment Program Available in 10 Eastern States
May 20, 2005
- Jury, Spitzer Probing Possible AIG Criminal Indictments
Insurance Journal Salutes Nation's Top Agencies for 2005- NCPA Study: More Patients Exerting Control over Health Care Delivery
- XL Professional Lines Offers Insurance for Independent Directors
May 19, 2005
- Argonaut Group Expands with Launch of Argonaut Specialty
- Senate Backs Linking Federal Safety Funds to States' Seat Belt Laws
- The Hartford's CEO Highlights Record Performance, Future Positioning
- MetLife Auto & Home's GrandProtect Includes ID Theft Cover in Package
- Best Affirms FSR for United Fire & Casualty; Outlook Stable
- Allstate Chooses Wilson as President, COO Beginning June 1
May 18, 2005
- AIA Tips Hat to Senate for Approving Bill to Improve Highway Safety
- Tillinghast Defends U.S. Tort Costs Study Against Criticisms
- Venture Programs Appoints Shaffer, Kearney as Program VPs
- NAMIC Staff Directors Take ALEC Task Force Roles
May 17, 2005
- Tort Crisis Overblown, Tillinghast Studies Faulty, Claims Think Tank
- General Re, Faraday Execs Placed on Leave Over Reinsurance Probe
- St. Paul Travelers, Aon Team on New Management Liability Program
May 16, 2005
- Former General Re Execs Reportedly Targeted in SEC Probe
- MarketStance Web Site Provides Demographic, Economic Data
May 13, 2005
May 12, 2005
- PCI's Csiszar Accuses Spitzer of 'Corporate Terrorism' and of Ignoring Own Conflicts
- Chubb Hit with Subpoena Involving Investigation into Usage of Finite-Risk Insurance, Related Items
- Fitch Gives Berkshire Hathaway New $1.5B Debt 'AAA'; Negative Outlook
- The Hartford Unveils Online Insurance Center to Serve Large Businesses
May 11, 2005
May 10, 2005
- PCI: States Need to Take Uniform Approach on Finite Risk Inquiries and Rules
- Conning Research: Look for P/C Underwriting Profit Again in 2005; Concerns for 2006
- Sullivan Joins Beazley USA for Specialty E&O
May 9, 2005
- Calabrese Named President at Hull & Company, Will Retain COO Title
- GE Med-Mal Unit Sold to Berkshire's National Indemnity; S&P, Best Comment
- Daoussis Joins Countrywide Insurance Group to lead National Construction Insurance Effort
- AIG Domestic Brokerage Group Unveils Specialized Practice for Financial Institution Risks
- St. Paul Travelers Sets Sail with New Shipwright Program
May 8, 2005
May 6, 2005
- AIA: On FBI Probe, It Would be Grossly Unfair to Say Entire Industry is Troubled
- Darwin Acquires Ulico Indemnity Shell
- Best: Mercer Group Ratings Remain Unchanged Following FPIG Purchase
- Automotive Aftermarket Alliance of PPG Industries Recognizes CE Instructors
May 5, 2005
- FBI Targets Insurers in Widening Fraud Probe; Industry Responds
- NCCI State of the Line Report: Workers' Comp Combined Ratio Best Since 1997
- A.M. Best Downgrades Ratings for AIG Subs; Ratings Stay Under Review
- PCI Submits Comments to FTC on Credit Scoring Research
- St. Paul Travelers Names MacLean Executive VP, COO
- Bergan Named Marketing Director at American Collectors
May 4, 2005
May 3, 2005
- MMC Unveils Q1 Numbers; Cherkasky: Steps Taken to Make Us Stronger
- Response Insurance Gets a Response; Google to Meet Company's Request
- Hub International Acquires Reinsurance Intermediary THB
- Guy Carpenter Publishes Specialty Program Survey
- Best Affirms Ratings for Safeco Insurance Companies; Outlook Revised to Positive
- IIHS: New VW Jetta Drives Off with Strong Crash Test Results
May 2, 2005