National News
News for October 2006
October 31, 2006
- Court Affirms Limit on Replacement Cost for World Trade Center
- Study Reveals Leading Indicators for Hospital Professional Liability Claims
- Rapper Sues Insurer for Failing to Cover Students' Deaths
- Employee Crime: Big Threat to Small Companies
October 30, 2006
- HUD Charges Erie, Agents with Unfair Bias; Erie Calls Charges 'Misguided'
- J.D. Power: Homeowners Want Carriers to Offer Identity Theft
- The Hartford's Net Income Jumps 41% for Third Quarter
October 27, 2006
- Profits Surge at Chubb; Professional Liability Continues Improvement
- Bieler Named Treasurer at Marsh
October 26, 2006
- Consumer Group Says P/C Rates Drop 'Irrespective' of Tort Reform Enactment
- After School Hours Dangerous for Teens Who Drive, Says AAA
- Risk of Pedestrian Fatality Four Times Higher on Halloween
October 25, 2006
- Insurance Contributors Favor Republicans; Santorum, Clinton, McGavick Top Recipients
- New Risk Assessment Techniques a Must If Credit Scoring Bans Enacted
- Aon Moves On Exit Plan, Announces Sale of Construction Program
October 24, 2006
- Navy, Marines Battling Fatal Off-Base Car Crashes
- USI Holdings Reports Buyout Inquiry
- Darwin, PCM Partner on Standard Market Lawyers' Liability Program
- Barry to Head Media Relations for Insurance Information Institute
- DiFrancesco Named President of OneBeacon's AutoOne Subsidiary
October 23, 2006
- Big 'I' Refutes State Attorneys General on Zurich Settlement
- Marsh Adopts New Governance Rules for Directors
- Best Sees No Change in National Indemnity Ratings from Equitas Deal
- Bush Extends Workplace Safety Program for Federal Government
- Hanover Adds Employment Practices Liability to Business Owners Policy
- Venture Launches All-Lines Marine Insurance Program
- PGI Expands Habitational Program into 11 Additional States
October 22, 2006
- Democrats Recommend All-Perils Disaster Plan, Antitrust Repeal
- Arbitrators: Former MassMutual CEO Wrongly Fired
October 20, 2006
- With 1,100 Katrina Lawsuits, Court Schedule Stretches into 2008
- NBIS Appoints Foley as Vice President
- Liberty Mutual Appoints LeRoy to Lead Large Commercial Division
October 19, 2006
- Court Upholds Juries' Rulings in World Trade Center Claims
- Survey: Commercial Market Softens, Insurer Appetite Increases
- Truckers Seek to Slow Big-Rigs
- Berkshire Hathaway Says General Re Not Target of Investigation
- Allstate Swings to $1.16 Billion Gain in 3rd Quarter with Fewer Hurricanes
October 18, 2006
- Hurricane Center Identifies 10 Most Hurricane Vulnerable Areas
- Regulators Tell Anti-Trust Commission McCarran Exemption Fosters Competition
- Fed Survey Finds Easing of Credit Underwriting Standards
October 17, 2006
- Portable Seat Belt Promises Safety While Traveling Abroad
- Insurance Carriers Moving to Service-Oriented Architecture
- BISYS Reaches Settlement Over Securities Class Action
- New Website Launched For Business Insurance Agents
October 16, 2006
- Maritime Terrorism Risk Extends to Cruise Ships, Ferry Boats, Study Says
- Motor Parts Maker Tower to Cover Directors' Defense Costs
- 860 Fire Departments Share $92M in Homeland Security Grants
- Fireman's Fund Introduces Green Building Coverage
- Swett & Crawford to Appear on World Business Review
October 13, 2006
What Does the Future Hold for Insurance Agents' E&O?- Agents Seek Delay in Approval of Zurich Compensation Settlement
- Small Business Hopes Elections Address Health, Taxes, Regulation
- Aetna to Cut 650 Jobs
October 12, 2006
- Supreme Court Rejects W.R. Grace Asbestos Clean-Up Appeal
- Distinguished Programs Launches New Small Condo/Apartment Program
- Arrowhead General Offers Online Quotes for Private Company D&O
October 11, 2006
- Surety Bond Groups Hail SBA's Small Contractor Rule Changes
- Litigation Trends Continue to Mount Worldwide; Insurers Face Five Times the Average Number of Lawsuits
- Hurricane Risk Reduces Prospective Profit of Homeowners Insurance
- Report: U.S. Economy Headed for Slow Growth But Not Recession
- Supreme Court Declines to Hear Tobacco Case
- Callahan Appointed CEO of Affirmative Insurance Holdings
- Aon's Rodell Named CIAB Chairman
October 10, 2006
- Insurance Charity Foundation Opens in N.Y.; Plans National Expansion
- Banks' Insurance Revenues, Insurance Brokerage Fees Up
- The Hartford Introduces Professional Liability Policy for Business Services
- Great Central, Irving Weber Assoc. to Provide Cover for Fabricare Group
October 6, 2006
- Study: Side Air Bags Save Lives
- Former HRH Exec Building Brokerage Firm; Starts with N.Y.'s Genatt
- Barran Named President of Marketing Association
- Willis Promotes Ealy, Gunn and Joost on North American Team
October 5, 2006
- Updated Atlantic Hurricane Forecast Indicates Below-Average Activity
- Travelers Launches Product for Millwright Contractors
- CEOs Rewarded for Layoff Decisions
- Darwin Offers Mental Health Liability Program Through N.Y. Agency
- Mercator Hires Magyar as Professional Liability VP
October 4, 2006
- Tort Versus No-Fault Reform Paradigm Is False Choice, Paper Says
- Supreme Court to Hear Several Cases Affecting Business Community
- Banking and Insurance Execs to Spend More for Anti-Money Laundering, Terrorist Financing Compliance
- American Bar Donates $7.3M from Insurance Funds to Legal Research
- Supreme Court Agrees to Hear Insurance Credit Score Cases
- Financial Reporting Changes Create New Challenges for Actuaries
- MSB Promotes Linnell to Assistant Vice President
October 3, 2006
- Treasury Report on Terrorism Insurance Says Backstop Negatively Affects Private Capacity
- General Star Offers Alternative and Integrative Professional Liability Program
- OneBeacon Completes Transfer of Agricultural Unit to QBE
- Parker Named Personal Lines V.P. at Main Street America Group
October 2, 2006
- P/C Insurers' Profitability Drops in First-Half of 2006
- National Science Board Urges More Coordinated Hurricane Research
- Hurricane Research Bill Introduced in U.S. Senate
- AMS Users Gain Access to ChoicePoint; AMS Also Buys Priority Data Systems
- U.S. Risk Launches New Physician Med-Mal Product
- Praetorian Completes Acquisition of Specialty Insurer Alea
October 1, 2006