National News for September 2006 Provantage PE from Professional Underwriters Covers Public Entities AGs File Motion Against Agents’ Amicus Opposing Zurich Settlements Top Graduates Honored for Surplus Lines Designation CPCU Society Elects 2006-07 Officers, Governors Beazley Expands Proprietary Risk Management Platform Moody’s Affirms Marsh & McLennan’s Ratings, Keeps Negative Watch Bharal Named ACORD RLC Program Director Optional Federal Charter Legislation Introduced in the U.S. House USI Buys Home Buyer Accounts from Universal American Agency Swiss Re/London American Launch New Utility Program Investigators Trace Specific Batch of Tainted Spinach Industry to Congress: Permanent Solution to Terrorism Insurance Vital Chapman Named VP of Business Development at Swett & Crawford Supreme Court to Hear Credit Scoring Disclosure Case House Passes Surplus Lines Regulatory Reform Legislation Burns Named CEO for Mercer; Bartley CFO for MMC SIAA Appoints Fahy to Head Programs and Specialty Markets S&P’s Ratings of USI Holdings Unchanged Following Borrowing Research on Technology Spending Shows Benefit in Marketplace E. coli Outbreak Now in 25 States Insurers Reject Notion of TRIA Renewal for Nuclear-Biological Terrorism Risk Only Administration Defends Former EPA Head Against Ground Zero Liability Big ‘I’ Agents Join Court Fight Against Zurich Compensation Pact Integro to Offer Trade Risk Management Through Indemnis Officers Elected for Insurance Marketing Communications Assoc. Catlin U.S. Establishes Primary and Excess Casualty Unit Zurich Names Vitale CEO, Global Corporate North American Operations NOAA Issues Unscheduled El Niño Advisory MGAs Urge Congress to Pass Surplus Lines Reform Bill Federal Deadline to Make IDs More Secure Not Possible, Study Says Regional Carriers Rank Best on Ease of Doing Business Performance S&P: Marsh & McLennan Rating Unaffected by Possible Putnam Sale St. Paul Travelers Denies Zurich Merger Talks…Again U.S. Risk Offers ElderCare Legal Expense Reimbursement Policy Bailey Named Willis North America CEO, Succeeding Exiting Vitale Former General Re and AIG Execs Indicted for Alleged Reinsurance Fraud Marsh & McLennan Exploring Possible Sale of Putnam Travelers Offers Enhanced Policy for Investment Advisors, Funds AIG Taps Former Citigroup, Travelers Exec Willumstad as Chairman Nation’s Commissioners Propose 6% Bump in Association Budget for 2007 Evans to Lead Big ‘I’ Trusted Choice Agents Take Aim at Zurich Compensation, Disclosure Settlement Motorcycle Makers’ Renewed Focus on Safety Includes Air Bags NAIC, Trades Spar at Congressional Hearing on Insurer Investments Spinach Company: E-Coli Due to Non-Organic Products Surplus Lines Premium Volume Shows Little Growth Report Identifies Major Risks for P/C Insurers Allstate CEO Liddy to Retire; Wilson Named Successor Nissan Testing Safety System That Beams Warnings to Drivers Marsh & McLennan Cutting 750 Jobs Appalachian Underwriters Acquires CRC Workers Comp Unit Insurers Have Work to Do on Own Business Continuity Plans Safety Board Reports Transportation Fatalities Up in 2005 Greater N.Y. Mutual Chairman Heck Honored for Service Kentucky’s Pile Heads New Officers for National PIA U.S. to Require Anti-Rollover Technology on New Cars by 2012 New Study Ties Global Warming to Stronger Hurricanes Hiscox USA Launches Terrorism Insurance Coverage Powerful People Take More Risks, Study Says PCI’s Csiszar Announces Resignation Boost in Motorcycle Crash Stats Worries Safety Board Ford to Make Stability Control Standard by Late 2009 Main Street America Elects Van Berkel Chairman AOL to Offer AIG’s ID Theft, Computer Coverage to Subscribers for Free Injuries Involving Children Riding ATVs Up 14% House Subcommittee Hears Testimony on Coastal Insurance Market Agency Growth and Performance Study Reveals Higher Productivity Guy Carpenter Releases Annual Specialty Program Market Survey Slavery Reparations Case to be Heard Sept. 27 in Chicago Courtroom Berkley Launches Specialty Division for Environmental Contractors Specialized Care Network Found to Reduce Workers’ Comp Costs Bankers Insurance Association Elects New Leaders Middle Market Continues to Befuddle Life Insurance Distribution System States Look to Strengthen Flood Insurance Training for Agents Arrowhead Offers Not for Profit Organization D&O Liability Increase In 2006 Market Activity Might Draw Issuers, Investors CV Starr Launching Lloyd’s Syndicate Miami Agent Soto Sworn in as National Big ‘I’ President Inductis Notes ‘Emerging Trends in Auto Insurance Pricing’ Owners Often Overlook Need for Business Interruption Coverage Merck Audit Claims Vioxx Execs Acted Responsibly Best Upgrades SCOR’s U.S. Subs New Education Program Launched for State Insurance Regulators Five Years Later, House and Senate Move Port Security Measure Officials: Next Terrorist Attack on U.S Not Matter of If, But When Best Affirms Converium’s U.S. Subs ‘Fair’ Ratings MassMutual Enhances Disability Product, Eases Underwriting Domestic Terrorism Threat on the Rise, Says FBI Chief BISYS Acquires JCH Insurance Brokers Alliant Buys U.S. Retail Business of Jardine Lloyd Thompson Group Disability Sales, Average Case Size Decreasing, JHA Reports Morrello Joins Beazley’s U.S. Mid-Market Commercial Property Team Colorado State Predicts Fewer Hurricanes Program Specialists Get Ready for Summit, Oct.23-25 Zurich Names Senior VP for Ceded Reinsurance for North America Aon Freed to Accept Contingent Pay When Serving as MGA Revenue is King for P/C Insurers, But Bigger Isn’t Better, Study Reports Fitch: P/C Insurers’ Performance Exceeding Estimates for ’06 American Re Now Known as ‘Munich Re America’ Some Charges in Spitzer Case Against AIG’s Greenberg, Smith Dropped; Others Remain New Alternatives Aimed at Capacity Will Challenge Traditional Insurers Trusted Choice to Run National TV Ads Workman Joins IRMI as Analyst What’s Next in Terrorism Insurance Market…and Politics? AIG Launches New Service to Facilitate Purchase of Global D&O Coverage Towers Perrin Appoints Taylor-Gooby Managing Director, Tillinghast Workers’ Commute Time Getting Shorter Pursuing Auto Insurance Fraud as Organized Crime Pays Off Holmes Joins Praetorian Property Unit Willis Joins Marsh in Getting OK for Contingency Pay for MGA Services National News Archives
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