National News for April 2007 Lexington Rolls Out Professional Liability Coverage for Accounting Firms New Firm, Claimetrics, Promises New Age in Claims Management New Chubb D&O Form Addresses Trends Outside the U.S. Big ‘I’ Honors N.Y’s Emek and Louisiana Affiliate Marsh Launches Major Branding Campaign Focusing on ‘Upside’ in Risk Risk Managers Urged to Take Charge to Enhance the Placement Process D&O, Workers’ Comp Lead Downhill Pricing Parade, According to RIMS Professional Insurance Agent Ads Feature Women Business Owners Willis Rejects Insurers’ Alternatives for Contingent Commissions Agent Leader Soto Renews Vow to Defend Contingent Pay Sen. Lott Settles Katrina Claim with State Farm Before Trial High Court to Hear Case of Voluntary Cleanup Under Superfund Law First Quarter Catastrophes Cost U.S. Insurers $1.22 billion Subcommittee Chairman Favors 6 – 8 Year TRIA Extension Darwin Professional Underwriters Reports Net Income Up 87% in Q1 S&P Lowers TICNY Rating; Company Views Action as Misleading Insurance and Small Business Addressed at Big ‘I’ Conference Willis Q1 Net up 21% to $169 Million; Conference Call Today, Details Zurich Introduces Online Tool for Employers Navigators Pro Enhances D&O for Companies Offering Securities Real Estate Firms Call for Renewal of Federal Terror Reinsurance HRH 1st Quarter: Acquisitions Help Drive Revenues as Rates Decline P/C Insurers to Pay $1.2 Billion in 1st Quarter Home, Business Catastrophe Claims Travelers Launches New Products for Mid-Sized Commercial Printers Commentary: 1Q Insurance Earnings So Far: What’s Working; What’s Not Study: Obese Workers Drive Up Workers Compensation Costs Brown & Brown 1st Quarter Net Income Sets Company Record Freeing Streams of Debris Might Help Control Flooding in Future Guyan Named Membership Director at Workers’ Comp Research Institute Program Writer Delos Forms Excess & Surplus Insurer, Naxos Bush Administration Releases Plan to Combat ID Theft Chubb: 1st Quarter Profit Up 6% W. R. Berkley: Net Income Up 17% in 1st Quarter Climate Change Risks ‘Potentially Significant,’ Says U.S. Report Judge Seeking Restitution for Victims of Asbestos Attorney Fraud Hurricane Forecasters Who Got Mild ’06 Right Warn of Active ’07 5 Charged in Alleged $100 Million Workers’ Comp Scam McCabe, Smart Join Contractors Program Team at First Capital-AWIS Commercial P/C Premiums Drop, Underwriting Relaxes, Survey Finds Investments Boost Allstate 1Q Profit General Motors Cars Record Highest, Lowest Death Rates RMS Predicts Industry Exposures to Increase AAIS Adds Associate Members U.S. House Passes Bill Granting Shareholders Vote on Executive Pay Walton Named V.P. for Marsh & McLennan Public Relations SNL Financial to Publish Statutory Insurance Company Financial Data Report Details P/C Insurers’ 2006 Proftability, Escape from Storms National Crime Bureau Partners with Experian to Fight VIN Cloning Scams Tornado Losses in N.J., Conn., Ohio Could Top Those of Great Plains States O’Neil Joins Kinloch Holdings as EVP Judge Vows He’s Still Open to Mass Settlement of State Farm Katrina Claims in Miss. Procter & Gamble Defends Jury Award in Satanism Case American Insurance Marketing and Sales Society Installs Directors Meadowbrook Acquiring U.S. Specialty Underwriters Time Runs Out for Investors’ Securities Class Action Against Merck Major Auto Makers, Parts Companies Team Up to Build Safer Models Online Auto Insurance Purchases Increase 58 Percent Report: Army Corps Must Acknowledge Global Warming Marsh Taps McGinnis to Lead U.S. Consumer Unit USG Vacant Property Package Now Available in Most States Group Aims To Increase Women, Minority Law Firms’ Work in Insurance Vertafore Acquires Document Management Firm, ImageRight Bush Administration Rejects Pleas for Federal Disaster Plan Lawyers: E-mails Help Them Prove Homeowners’ Katrina Cases Nickerson Named SVP for Liberty Mutual Agency Markets New Online Calculator Helps Assess the Financial Cost of Data Theft Insurance Marketers’ Group Accepting Annual Award Nominations The Hartford, Berkshire Hathaway Join Forces on Surplus Lines Auto Dealers Urge Congress to Make Available Data on Totaled Vehicles Industry to Congress: Private Market Is the Best Solution on Natural Disasters, But Some Say Federal Help Needed Trial Starts for Two Former Marsh Execs Accused of Bid Rigging AIG Chief Sullivan’s 2006 Compensation Valued at $22.5 Million Owner’s Donation Helps But Race is On to Save Disabled Jockeys’ Fund AIG Auto to Test Drive Tracking System for Teen Drivers Consumers Value ID Theft Prevention Over Financial Reimbursement USI Holdings Granted Limit on Copyright Damages AXA, Britt Paulk Partner on U.S. Aviation Program for Smaller Aircraft March Madness Over, College Athletes Prepare for Future ‘Real World’ Careers Banks’ Total Insurance Revenue Dipped; Brokerage Income Rose in ’06 Klimek to Head Up Sales and Marketing for WSS in Calif., Texas Countrywide Names Hendry COO, Managing Director Study: Class Actions Against Insurers Surged in 1990s; Many Resolved Behind Closed Doors C.V. Starr to Manage New Chubb Construction Liability Program Utica National Adds Automation Edge to Enhance Commercial Lines Judge Weighs How Much Lawyers in Diet Drug Case Owe Plaintiffs Judge Rejects Federal Antitrust, Racketeering Charges in Account Steering, Brokerage Suit Hurricane Forecaster Says Gore Does ‘Great Disservice’ with Film Enron Investors Ask U.S. Supreme Court to Review Class-Action RiskMeter Adds New Storm Surge Report to Online Hazard Lookup Abacus, Travelers Team Up for Online Events Insurance Program Vehicles Flunk Insurance Safety Group’s Neck Injury Test Messer to Lead National Alliance Business Development Team Large Property Insurance Market Remains Unsettled, Wholesaler Reports U.S. to Require Electronic Stability Control on Cars by 2012 Roosevelt’s ‘Big Stick’ Phrase First Used in Blocking Insurance Pol Broker Integro Forms International Unit Based in London Chubb Clears Up Confusion on Risk of Insuring Law Firm Blogs Darwin Launches New Clinical Research Liability Product, Team FBI to Launch Retail Theft, Loss Prevention Database SEC Agrees to Ease Sarbanes-Oxley Rules for Small Firms Insurers Support Tax-Free Savings Accounts for Natural Disasters Industry Reports Progress on Terrorism Risk Modeling But Challenges Remain Study: Time is Right for Insurers to Improve Mobile Strategies Fla.-based Brown & Brown Buys Houston’s United Employers Large Recoveries for Pet Owners Unlikely in Pet Food Suits AIG Specialty Boosts Its Capacity for Public Entity Liability Distinguished Programs Launches Affordable Housing Program Forecasters Warn of Very Active Hurricane Season Ahead in 2007 NSM Program Targets Tough Artisan Contractor Classes Agents’ Group Honors N.Y.’s Franzese Marsh & McLennan CEO’s Compensation Pegged at $8.7 Million NationsBuilders Offers Inland Marine, General Liability for Crane Operators Sen. Lott Wants Insurance Gap Disclosure Enforced by Feds National News Archives
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