National News for August 2005 The Hartford Enhances Orthotic/Prosthetic Program HRH, Conn. AG Reach $30 Million Settlement on Brokerage Activities NBIS – ProBuilders Offering Assistance to Contractors in Several Hurricane-Stricken States Web Site Provides List of Hurricane Katrina Survivors, Those Unknown S&P Says Katrina Won’t Hit Cat Bonds Relief Agencies Look to Assist Victims from Katrina UPDATE: NAIC Fall National Meeting Canceled in Wake of Katrina Katrina Could Cost Insurers Up to $30 Billion, Forecasters Say 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 XL Capital Acquires Argonaut Group’s Risk Management Business U.S. Budget Office Says Federal Asbestos Fund Could Be Insufficent to Pay All Claims AIA Disturbed by New Federal Motor Carrier Rules Argonaut Group Sub, MTA Settle Suit Schinnerer Names Shettle as President Bray to Head PIA National Federal Affairs as Assistant VP Newtek Insurance Agency Gains Endorsement from NFFG PCI Disappointed with Recent Dialogue on NAIC Insurer Receivership Model Act Wausau President Tells Stakeholders to Aim for ‘Noble Goals’ of Original U.S. Workers’ Comp System General Casualty Expands Commercial Offerings, Welcomes Larger Properties Research Shows Current Cat Models Not Representative of Some Risks Selective Insurance Group Names Executive Appointments California Repeats as the Nation’s Auto Theft Hot Spot AIG Auto Insurance: Guys Prefer Their Wives, Significant Other with Them in the Passenger Seat Salary.com: Small Businesses Change Pay Practices to Meet Healthcare Costs DVUA Names Rigsby to Lead Professional Liability Division Constantini Joins Integro Brokerage as General Counsel Marsh CFO Resigning in March Engle Martin & Associates Opens Vegas, K.C. Offices Ivan Costliest U.S. Hurricane in 2004 Lawyers for Pope Seek Immunity in Sex Abuse Lawsuit Number of Federal Tort Trials Plummeted 80%, JD Reports Best Upgrades Hermitage Rating Working Overtime Increases Risk of Workplace Injuries More Than Job Hazard, U.S. Study Finds The Hartford Develops Online Premium Audit Tool Fireman’s Fund Offering Crisis Management Coverage for the Hotel Industry Beecher Carlson Expands Health Care Practice; Adds Seven Executives Illinois Supreme Court Reverses $1.06 Billion State Farm Auto Repair Parts Case NAS Reduces EPLI Premiums by 40 Percent in Most States Risk of Medical Errors Found High in Intensive, Coronary Care Units Integro Hires McCaffrey, Former Chairman of Frank B. Hall S&P: Without Contingent Commissions, Some Insurance Brokers Still Cope Best Upgrades ACE’s U.S. Subsidiaries Trusted Choice Campaign Hits the Airwaves Again AIG Shareholders Approve 15 Board Members, Renew Auditor 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 Citizens and Hanover Enhance BOP Fifth Circuit Appellate Court Upholds Insurer ‘Bodily Injury by Disease’ Exclusion Swett Names Abernathy as COO RiskMeter Adds Pair of States to its Distance to Fire Station Report Zenith National, Units Outlook Revised to Postivie; Ratings Affirmed 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 Cooper Gay Venture to Strengthen North American Reinsurance Treaty Operations Venture’s Preferred Club Program Expands With Hanover Insurance PCI Expresses Concerns Regarding NAIC Insurer Receivership Model Act Wharton Study Recommends Short-Term TRIA Renewal, Study of Long-Term Solution A.M. Best: Domestic Captives Industry Stable; Leverage Remains A Concern AIA: Ninth U.S. Circuit Appeals Court Ruling on Credit-Related Adverse Action Notices Disturbing Best Places Select St. Paul Travelers Subs Under Review AIG Notes Q2 Net of $3.99B APPEX Adds 10 New Member Agencies MiniCo Reorganizes Executive Management Team Cosgrove, Dean of American Insurance Journalists, Dies at 93 Zurich Appoints Flood as North American Crime Product Manager NAMIC: State Actions Render Proposed NAIC Claims History Model “Irrelevant” Poore Joins InsurBanc as VP Sales, Business Development Willis Names Kolojay as SVP at Captive and Actuarial Practice Berkshire Hathaway Reports Finite Reinsurance Inquiries Continue Jury Awards ‘Improperly’ Fired State Farm Agents $20 Million GEICO, Google Continue Court Battle Insurance Company of the West Unveils Stand-Alone Terrorism Coverage 3 More Execs Plead Guilty in Ongoing Spitzer Insurance Brokerage Probe National Health IT Network Would Cost $200 Billion, Study Says Study: Low-Cost Road Changes Can Reduce Crashes on Urban Roads St. Paul Travelers Launches New Real Estate Agent and Broker PL Policy Report to Congress: Repealing Anti-Trust Exemption Would Change Insurers’ Pricing Habits Greenberg Fights Back; Ousted AIG Exec Defends Accounting and Challenges Current Management RIMS: Survey Shows Soft Market Proving Stubborn AIG Names Roemer as Internal Auditor; Duckett Becomes VP Administration AIA Says Federal Transportation Bill a Plus for Having Safer Roads Aon Witnesses Q2 Jump AutoOne Insurance Co. Expands AIA: Anti-Tort Reform Group Distorts Data Venture Insurance Programs Appoints McLaughlin to HR Director Marsh Unveils Q2 Report Fireman’s Fund Debuts High Limit Excess Policy for Affluent Clientele Warning: Bulk of Season’s Atlantic Hurricanes Still to Come NCRIC Group Shareholders Back Merger into ProAssurance Corp. Reinsurers Sue AIG Alleging Claims Fraud; AIG Denies All Wrongdoing Credit Rating Firms Under Scrutiny; Spitzer Subpoenas Moody’s Chubb Sells Personal Lines Insurance Brokerage to Hub International National News Archives
Sign up to receive insurance news alerts!
Andrea WellsAgency Compensation Playbook: 2013 Agency Salary Survey
Andrew G. SimpsonHow Process Improvement Drives Agency Profitability
Stephanie JonesThe Acquisition Cycle
Don JerglerIndustry Predictions
Chris BurandReasonable Compensation
