National News
News for August 2005
August 31, 2005
- HRH, Conn. AG Reach $30 Million Settlement on Brokerage Activities
- Web Site Provides List of Hurricane Katrina Survivors, Those Unknown
- NBIS - ProBuilders Offering Assistance to Contractors in Several Hurricane-Stricken States
- The Hartford Enhances Orthotic/Prosthetic Program
August 30, 2005
- UPDATE: NAIC Fall National Meeting Canceled in Wake of Katrina
- Relief Agencies Look to Assist Victims from Katrina
- S&P Says Katrina Won't Hit Cat Bonds
August 29, 2005
- Insurers Post Special Toll-Free Numbers to Help Katrina Victims as Storm Moves North
- Fitch: Katrina Likely to be Largest Insured Loss Since 9/11, 1992's Hurricane Andrew
- Katrina Could Cost Insurers Up to $30 Billion, Forecasters Say
- XL Capital Acquires Argonaut Group's Risk Management Business
August 26, 2005
August 25, 2005
- Schinnerer Names Shettle as President
- Argonaut Group Sub, MTA Settle Suit
- AIA Disturbed by New Federal Motor Carrier Rules
- Bray to Head PIA National Federal Affairs as Assistant VP
August 24, 2005
- Wausau President Tells Stakeholders to Aim for 'Noble Goals' of Original U.S. Workers' Comp System
- PCI Disappointed with Recent Dialogue on NAIC Insurer Receivership Model Act
- Research Shows Current Cat Models Not Representative of Some Risks
- General Casualty Expands Commercial Offerings, Welcomes Larger Properties
- Newtek Insurance Agency Gains Endorsement from NFFG
August 23, 2005
- AIG Auto Insurance: Guys Prefer Their Wives, Significant Other with Them in the Passenger Seat
- California Repeats as the Nation's Auto Theft Hot Spot
- Salary.com: Small Businesses Change Pay Practices to Meet Healthcare Costs
- Selective Insurance Group Names Executive Appointments
August 22, 2005
- Marsh CFO Resigning in March
- DVUA Names Rigsby to Lead Professional Liability Division
- Constantini Joins Integro Brokerage as General Counsel
- Engle Martin & Associates Opens Vegas, K.C. Offices
August 19, 2005
- Number of Federal Tort Trials Plummeted 80%, JD Reports
- Lawyers for Pope Seek Immunity in Sex Abuse Lawsuit
- Ivan Costliest U.S. Hurricane in 2004
August 18, 2005
- Illinois Supreme Court Reverses $1.06 Billion State Farm Auto Repair Parts Case
- Working Overtime Increases Risk of Workplace Injuries More Than Job Hazard, U.S. Study Finds
- Beecher Carlson Expands Health Care Practice; Adds Seven Executives
- The Hartford Develops Online Premium Audit Tool
- NAS Reduces EPLI Premiums by 40 Percent in Most States
- Best Upgrades Hermitage Rating
- Fireman's Fund Offering Crisis Management Coverage for the Hotel Industry
August 17, 2005
- Risk of Medical Errors Found High in Intensive, Coronary Care Units
- Integro Hires McCaffrey, Former Chairman of Frank B. Hall
August 16, 2005
- S&P: Without Contingent Commissions, Some Insurance Brokers Still Cope
- Best Upgrades ACE's U.S. Subsidiaries
- Trusted Choice Campaign Hits the Airwaves Again
August 15, 2005
- Tropical Storm Risk Reports More Hurricanes on the Way for U.S.
- Weiss Ratings: P/C Insurers Earn $41.3 Billion in 2004
- Guy Carpenter Names Spiller as New President Effective Jan. 1, 2006
- AIG Shareholders Approve 15 Board Members, Renew Auditor
- Citizens and Hanover Enhance BOP
August 12, 2005
- Swett Names Abernathy as COO
- Fifth Circuit Appellate Court Upholds Insurer 'Bodily Injury by Disease' Exclusion
August 11, 2005
- Insurance Industry Share of Weather-Related Losses Rising, with 60% Tied to Small Events
- Safety Codes Now Require Fire Sprinklers in Nursing Homes, Nightclubs, 1-2 Family Dwellings
- RiskMeter Adds Pair of States to its Distance to Fire Station Report
- Zenith National, Units Outlook Revised to Postivie; Ratings Affirmed
August 10, 2005
- Wharton Study Recommends Short-Term TRIA Renewal, Study of Long-Term Solution
- PCI Expresses Concerns Regarding NAIC Insurer Receivership Model Act
- Cooper Gay Venture to Strengthen North American Reinsurance Treaty Operations
- Venture's Preferred Club Program Expands With Hanover Insurance
August 9, 2005
- AIG Notes Q2 Net of $3.99B
- NAMIC: State Actions Render Proposed NAIC Claims History Model "Irrelevant"
- A.M. Best: Domestic Captives Industry Stable; Leverage Remains A Concern
- Best Places Select St. Paul Travelers Subs Under Review
- AIA: Ninth U.S. Circuit Appeals Court Ruling on Credit-Related Adverse Action Notices Disturbing
- Poore Joins InsurBanc as VP Sales, Business Development
- MiniCo Reorganizes Executive Management Team
- Zurich Appoints Flood as North American Crime Product Manager
- Cosgrove, Dean of American Insurance Journalists, Dies at 93
- APPEX Adds 10 New Member Agencies
August 8, 2005
- Jury Awards 'Improperly' Fired State Farm Agents $20 Million
- Berkshire Hathaway Reports Finite Reinsurance Inquiries Continue
- GEICO, Google Continue Court Battle
- Willis Names Kolojay as SVP at Captive and Actuarial Practice
August 5, 2005
August 4, 2005
- Greenberg Fights Back; Ousted AIG Exec Defends Accounting and Challenges Current Management
- Report to Congress: Repealing Anti-Trust Exemption Would Change Insurers' Pricing Habits
- National Health IT Network Would Cost $200 Billion, Study Says
- Study: Low-Cost Road Changes Can Reduce Crashes on Urban Roads
- 3 More Execs Plead Guilty in Ongoing Spitzer Insurance Brokerage Probe
- St. Paul Travelers Launches New Real Estate Agent and Broker PL Policy
August 3, 2005
- RIMS: Survey Shows Soft Market Proving Stubborn
- AIG Names Roemer as Internal Auditor; Duckett Becomes VP Administration
August 2, 2005
- AIA: Anti-Tort Reform Group Distorts Data
- Warning: Bulk of Season's Atlantic Hurricanes Still to Come
- Marsh Unveils Q2 Report
- Aon Witnesses Q2 Jump
- AutoOne Insurance Co. Expands
- AIA Says Federal Transportation Bill a Plus for Having Safer Roads
- NCRIC Group Shareholders Back Merger into ProAssurance Corp.
- Fireman's Fund Debuts High Limit Excess Policy for Affluent Clientele
- Venture Insurance Programs Appoints McLaughlin to HR Director
August 1, 2005