National News
News for September 2005
September 30, 2005
- Progressive's Drive Web site Attracts One Million Visitors
- Arch Insurance Redesigns Web site
- Safety Belt Use Hits Record High
September 29, 2005
- Mold Proves Yet Another Challenge in Wake of Hurricanes
- Fireman's Fund Reports Single Deductible on Katrina, Rita Claims
- National Symposium on Future of Terrorism Risk Insurance Set
- Hilb Rogal & Hobbs Names Crowley as President
September 28, 2005
- Spitzer Issues St. Paul Travelers Subpoena on Workers' Comp Premiums
- AirSure Ltd., Aero Insurance Merge
- Guy Carpenter Unveils CAT Mapping Tool to Assess Katrina Losses
- Lloyd's Syndicate to Offer Identity Theft Insurance Coverage
- Letter to the Editor: FMCSA Says Article Based on Speculation, Not Fact
September 27, 2005
- Marsh: Excellent Response Received from Clients Participating in Comp Fund
- InsWeb Launches National Lead Generation Program
- Actuaries Say Med-Mal Report Misled the Public
- Schinnerer Unveils Professional Liability Guide for Clients
September 26, 2005
- Fitch: Hurricane Rita Won't Cause Widespread U.S. Insurance Company Rating Changes
- Best Report: Excess & Surplus 2005 - Premium Growth Decreases Amid Softening Market
September 25, 2005
- Big 'I' Adopts Insurer Disclosure Policy
- Report Discusses Hurricane Katrina's Impact on the Construction Industry
September 23, 2005
- Judge Approves 'Historic' $6.1 Billion WorldCom Settlements
- Merck Scientist Testifies on Concerns About Vioxx Safety, Pressure from FDA
September 22, 2005
- Aon Corp. Selling Swett & Crawford to Investor Group
- RMS Model Shows Increased Risk of Extreme U.S. Terrorism Losses
- GlaxoSmithKline Agrees to Pay $150 million to Settle Fraud Case
- Assurant Obtains Added Reinsurance Coverage
- Darwin, PGU Offer Specialty Coverages for Public Entities
September 21, 2005
- NAIC Reports Multi-State Regulatory Settlement with Marsh & McLennan Cos.
- Congress Asked to Shield Volunteer Contractors from Liability
- Physicians Mutual Waives Cancellation Policy, Extends Grace Periods for Katrina Victims
- Report: After Katrina, What's Next for the Insurance Industry?
- Beazley Offers Employment Practices Liability for Mid-Sized Firms
September 20, 2005
- An Open Letter to the Insurance Industry Seeking Assistance for Independent Agents Devastated from Hurricane Katrina
2010: The Road Ahead for Surplus Lines Wholesalers- AIG: Q3 CAT Losses Expected to be About $1.1B After-Tax
- Despite Drop in Workplace Injuries, Financial Impact Remains Significant
- Insurance Commissioners To Form National CAT Insurance Program
September 19, 2005
- Fitch: Katrina Causes Unprecedented Challenges/Risks for P/C Insurers
- Independent Agents Have Beaten the Internet; Now Face Opportunities in Exchanges
- U.S. Chamber Says Litigation Outbreak Will Slow Katrina Recovery Efforts
- IIHS Reports Several Minivans Fare Poorly in Crash Tests
- Hudson Environmental Insurance Program Available in Most States
- NAIC Releases 2006 Budget
September 18, 2005
September 16, 2005
- Hurricanes Getting Stronger Even as Worldwide Total Drops
- Fireman's Fund Warns About Bogus Surety Bonds Marketed Under Its Name
- Drivers in 15 States Pay In Excess of $1,000 for Automobile Coverage
September 15, 2005
- N.Y. AG Spitzer Indicts Former Marsh Execs for Roles in Bid Rigging, Fraud
- AmWINS Signs Definitive Deal to Sell Majority Interest to Parthenon Capital
- Plaintiff Attacks Merck on Safety at Second Vioxx Product Liability Trial
- Industry Opens Hurricane Insurance Information Center
- National Alliance Picks Two Outstanding CSRs for 2005
September 14, 2005
- RRGs Need Uniform Rules, Better Member Safeguards, Argues Federal Report
- Congress Eyes Tax Changes to Aid Hurricane Victims
- Congress Boosts Flood Program Borrowing to Cope with Katrina Claims
- IICF, Insurance Journal Partner to Help Katrina Victims
- ASCnet's Disaster Response Plan Helps Agents in Katrina's Wake
- William Gallagher Associates Taps Kearney to be Executive VP
- HCC Estimates Katrina Loss at $160M
- HCC Credit Group Announces New Underwriting Team
September 13, 2005
- Fitch Moves 5 Insurers to Rating Watch Negative Following Katrina
- Berkshire Hathaway's Buffett Tops Most Underpaid Industry CEO List
- Manaka Appointed to Chair Diversity Task Force
- Endurance Names New Head of Professional Liability for U.S. Reinsurance; More Appts. Noted
- Hilb Rogal & Hobbs Appoints New CFO
- Survey Reveals Bikers' Concern as Motorcycle Theft Rates Increase
- American Physicians to Waive Liability Premiums for Katrina Volunteers
September 12, 2005
- Big 'I' CEO Panel Addresses Disaster Preparedness, Future of TRIA
- PIA National Gives $100,000 to La., Miss., Ala. State Affiliates
- Presidents Panel Discusses Industry Trends, Effects of Katrina at Young Agents Conference
September 10, 2005
September 9, 2005
- FEMA's Brown Being Taken Off Hurricane Katrina Operations
- New Orleans Flood Adds $15-$25B in Hurricane Katrina Insured Losses; Total Estimated Losses Rises to $40-$60B
- Gen Re CEO May Face SEC Fraud Suit
- Google Settles Rest of Geico Suit
- MMC Names Storms Chairman, CEO of Marsh; Caulfield Appointed at MHRC
- Excess Lines Claims Annual Conference Sept. 21-24
September 8, 2005
- New Report Warns of Rising Threat to Industry from Climate Change
- National Alliance Establishes Disaster Relief Scholarship Fund
September 7, 2005
- Marsh Inks Definitive Agreement to Sell Crump Group
- Safeco Launches Special Relief Effort in Response to Hurricane Katrina
- CPCU Society Establishes Katrina Emergency Relief Fund
- NASDAQ to Add Carpenter Moore, Management Liability Specialists
- AIG Programs Names The Distinguished Programs Group to Oversee Property Owners Program
- I.I.I. Unveils New Web Site
- Snyder Joins Guy Carpenter
September 6, 2005
- New Orleans-based GEB Insurance Weathered Katrina; Taking Claims in a Mobile Emergency Unit in Baton Rouge
- Report Says U.S. Insurance Industry Loses More than $16B in 2004 on Auto Premium Rating Error
- Chubb Establishes $1 Million Relief Fund for Hurricane Katrina Disaster
- InsurBanc Names Merrill Lynch's Tralka as President, Succeeding Herlihy
- Aon Warns of Agribusiness Hits in Wake of Katrina
- Target Insurance Offers New Lawyers PL Program from The Hartford
September 4, 2005
September 3, 2005
September 2, 2005
- Hundreds of Adjusters Traveling Toward Damaged Areas, But Have Few Places to Stay
- RMS Totals Economic Loss for Katrina at $100 Billion+
- Fitch: Katrina May be Most Costly U.S. Insured Loss Ever
- Industry Reaches Out to Lead Hurricane Katrina Recovery Efforts
- Regulators Say Industry Prepared for Katrina's Cost
- 'Casual Friday' Kicks Off NAMIC 'Hurricane Katrina Relief Fund' to Aid the American Red Cross
- Big 'I' Forms Katrina Relief Fund
- DKI Backs American Red Cross Efforts for Gulf Coast
- Insurance Journal Makes Texas/South Central, Southeast Issues Available Online Free of Charge Due to Katrina
- Survey: Auto Insurance Buyers Continue to Use Internet More Often
- IMCA Elects 2005-06 Officers, Directors
September 1, 2005