National News for May 2007 Ratings Roundup: Safeco; GNY Group; American Road; Auto Owners HCC Appoints Moore VP – Human Resources Congressional Democrats to Try to Overturn Court’s Pay-Bias Ruling Hurricane Forecaster Gray, Like Others, Expects Above Normal Activity Arch Promotes Kmetz for Global Property, Manahan for E&S Bond Capacity for Main Street America’s NGM Expands 3 Agencies Earn Target Markets Best Practice Designation U.S. Supreme Court Upholds 180-Day Period for Pay Bias Claims Ratings Roundup: AIG National Cat Fund Gains Congressional Support … But Is It Enough? U.S. Highway Traffic Deaths Decline Slightly Argonaut Appoints Given as Gen. Counsel, LeFlore as Executive Counsel Greenberg: TRIA Necessary But National Disaster Insurance Plan Isn’t U.S. Oil Industry Preps for Gulf Storm Season Risk Managers Take Strong Stand Against Contingent Commissions Oesterreicher Joins HCC Board of Directors Greenberg Growing C.V. Starr at Home and Abroad Kaufman Financial/Burns & Wilcox Realign Senior Managment Team Jury: Brightpoint Risk Manager Guilty in Insurance Scheme with AIG Utilities, Insurers Say They’re Better Prepared for Hurricane Season Aetna Buys Schaller Anderson Inc. for $535 Million Study Highlights Industry’s Potential Climate Change Liabilities Swiss Re, Big ‘I’ Ink 5-Year Pact On E&O Coverage Unitrin Appoints Boschelli as VP, Treasurer S&P Assigns ‘B’ Ratings to Hub Int’l. U.S. Securities, Insurance Firms Gain Greater Market Access in China Talks Navigators Opens Specialty Program Division; Cullen Named Unit President Ratings Roundup: Nationwide Notes Detailed Database of Global Terrorism Attacks Now Available Online Greenberg: No Good Has Come from Spitzer Probes Sens. Sununu, Johnson Reintroduce Optional Federal Charter Legislation Titan Acquires Eastwood Insurance AMIS Offers Coverage for Security Guards, Private Investigators and Adjusters Study: Homeowners Could Save $11.6 Billion with Catastrophe Protections Max Specialty Now Eligible in N.Y., N.C., Kan. for Total of 45 States Greenberg Criticizes AGs over Contingent Commissions Recent Ratings Roundup: Travelers; Hanover; Amica Mutual SCOR Balks at World Trade Center Claims Settlement Ratings Roundup: American Federated; Berkshire Hathaway Homestate HRH to Acquire Denver Broker Urman The Hartford Taps Brown to be Executive VP for P/C Sales Aon Announces CFO David Bolger To Leave Company Business Risk Partners, Praetorian Offer Small-Middle Market D&O NOAA Predicts Busier-Than-Average East, Gulf Coast Hurricane Season BISYS Finalizes SEC Settlement Insurance Exec Greenberg Praises U.S., China Leaders Federal Judge in Fla. Rejects Fraud Plea by Asbestos Attorney Let Ground Zero Rebuilding Begin: Spitzer Brokers Settlement with 7 Insurers Sen. Clinton Favors Federal Disaster Backup Fund, ‘Rebuilding’ FEMA Officials Plan for Fewer Hurricane Hunter Flights this Season Stokes, Sexton to Lead Marsh Renewable Energy Unit Ratings Roundup: Cincinnati; Travelers, StanCorp House Passes Bill Blocking Giant Retailers’ Entry into Banking Survey: 75% of Consumers Satisfied with Insurance Agents; Prefer Personalized Service New ‘GREEN’ Captive Insurer Promises Savings for Eco-Friendly Businesses Hull & Co.’s Calabrese to Retire; Riordan and McGrew Promoted CRM Shows Benefits of Majestic Acquisition, Twin Bridges Reinsurance Forecasters to Test 3-D Radar Hurricane Tracking Technique Choices Introduces Real Time Agency Software Hurricane Chief: Millions Wasted on NOAA Publicity Campaign S&P Lowers RVI Guaranty Ratings U.S. Grand Jury Subpoenas Allstate, Nationwide over Katrina Claims Agents Using ‘Real Time’ Really Save Time, IVANS Survey Says Ratings Recap: Horace Mann, American Physicians, Ophthalmic Mutual Study: 1927 Mississippi Flood Would Cost Up To $160 Billion Senate Panel Advances Vehicle Backover Safety Bill Ratings Roundup: American Family RMS Withdraws Five-Year Hurricane Model from Florida TowerGroup Adds West to Insurance Research Practice U.S. Chamber: ‘Broken Lawsuit System’ Hurts Small Businesses Director: FEMA More Prepared than Ever for Hurricane Season Bank of America Considers Selling its Insurance Brokerage Division Allstate CEO: Shift to Less Risky Business Will Take Years to Do On Eve of Hurricane Season, U.S. Mandates Safety Labels on Generators Tyco to Pay $3 Billion to Settle Shareholders’ Lawsuit Lemac Offers Catastrophe Coverage Ratings Roundup: Zurich (US), National Indemnity, 21st Century Merkel: P/C Lessons from Bermuda Hilb Rogal & Hobbs Names Botkin Senior VP, Healthcare Practice Leader S&P Lowers AmWINS Ratings to ‘B-’ Ratings Recap: Delphi, RTW, Nationwide Financial, United America Poll: Public Ready for Next Disaster But Doubts Federal Government Is Candidate Obama Promises Universal Health Care by End of First Term Sweeney Appointed Tech VP at Liberty Mutual Agency Markets USI Holdings Closes on Acquisition of Florida Broker Goldin Marsh’s Ullman Joins Integro as Chief Compliance Officer New Travelers U.S. Aviation Company Takes Flight Bank of America Eyes Sale of Commercial Insurance Brokerage Unit Merger: AIG Buying Remaining 21st Century Shares for $813 Million Miami Tops Rude Drivers List for Second Year Fire Outlook: 2007 Wildfire Season Looks Wicked N.C. Gov. Urges Colleagues’ Support in Protecting State Authority over Guard Acura, Ford Family Cars Earn Top Insurance Safety Award K & K Insurance Offers New Event Planners’ Program AIG Introduces Service to Assist with Homeland Security Compliance Baby Boomers Stay Loyal to Insurance Brand, Study Reveals AmWINS to Buy American Equity Underwriters Rating Roundup: Genworth; ZFS Notes Lloyd’s Still Insures Body Parts: ‘Ugly Betty’s Smile’ Worth $10 Million Countrywide Names Cardinal President Strong Demand for Weather Risk Management Contracts, Group Says S&P Lowers Mercury’s Ratings to ‘AA-’ Industry Not Getting Out Truth About Katrina Claims, Soto Maintains NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp AIG 1Q: Net Income Up 29% Spring Wildfires, Floods Wreak Havoc from Coast to Coast Auto Safety Backfires at NASCAR, Says Professor Ratings Recaps-Chubb Notes; Intrepid; CSI; Mercer; Longpoint Re Early Storm Andrea Off Florida Coast Survey: Geico, NY Life Rank High in Brand Loyalty Bach to Lead Hiscox Business Development for U.S. Double Duty: Agent-Soldiers Who Serve Their Country and Their Customers Travelers Establishes Multi-Year Catastrophe Bond Program GMAC Insurance to Buy U.K. Auto Insurer Provident Financial J.C. Flowers to Become Biggest Investor in Direct Response Recent Ratings Recap Judge Denies State Farm Motion to Dismiss Miss. Lawsuit A.M. Best Affirms Liberty Mutual, Ohio Casualty Ratings Berkshire Hathaway 1Q Net Income Up 12%; Equitas Deal Boosts Insurance Sonnenschein Nath & Rosenthal Opens Three Offices Independent Agents’ and Brokers’ Market Share Holds Steady Officials: Hold 20 Million Chickens Because of Tainted Feed InsurBanc Hires New Vice President of Sales and Business Development S&P Rates XL Capital’s Notes A-; Affirms Credit, Financial Ratings House Bill Aims to Provide Horse Racing Jockey Coverage MMC 1Q: Combined Revenues Up 5%; Marsh Revenues Unchanged Bill Clinton Urges Politicians to Address Disaster Planning Report: U.S. To Subpoena Allstate, Other Insurers in Katrina Probe Home Buyers Showing Renewed Interest in Private Mortgage Insurance Argonaut Group Reports Increased Earnings for Q1 Aon’s 1st Quarter Profit Rises 8 Percent on Higher International Fees Big 3 Brokers Still Feeling Effects of Spitzer Attack, S&P Says Liberty Mutual to Acquire Ohio Casualty for $2.7 Billion At Buffet’s Diversified Berkshire Hathaway, Insurance Still #1 White House Staffer Rethmeier Joins Insurer Trade Group, AIA Swiss Re Now Offering Nonadmitted E&O Coverage for Big ‘I’ Agents NFL Players Association Countersues over Hedge Fund Liability Consumer Advocate: Regulate, Not Eliminate, Contingent Commissions Erie: 1Q Results Reflect Policy Retention, New Agencies, Price Cuts OneBeacon Reports Boost in Book Value, Drop in Premiums in 1Q The Hartford Taps Target to Manage Accountants Liability Program Towers Perrin D&O Report: Spike in Demand for Personal Cover, Higher Limits, Enhancements Total Cost of Risk Continues Downward Trend, RIMS Survey Finds C.V. Starr in Deal with Allied World to Offer New Excess Capacity Markel 1Q: Net Income Up, Combined Ratio Down; Conference Today Citi to Acquire BISYS for $1.47 Billion; Crump to Get Insurance Group Burns & Wilcox Offers Course of Construction Product Tainted Pet Food Linked to Indiana Chickens; No Recall Yet Report: U.S. Turned Away Foreign Aid Offered After Hurricane Katrina Hub Reports Strong 1st Quarter Alleghany Buying Calif. Workers’ Comp Specialist Employers Direct Main Street America Rolls Out Multivariate Personal Lines Rating National News Archives
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