Monthly Archives: <span>July 2001</span>

Marsh, AT&T Unveil E-Business Risk Solution

Companies that use AT&T’s Internet Data Centers and managed web hosting services are eligible for a new benefit — e-business insurance from Marsh Inc. that rewards AT&T enterprise hosting customers with preferred pricing and a streamlined approval process. Recognizing that …

Study Disagrees With Global Warming Notion

A study analyzing insured hurricane damages from all hurricanes which impacted the continental U.S. in the 20th Century, disagrees with some analysts’ claims who stated that global warming has caused gains in catastrophic hurricane damages. The study from Tillinghast-Towers Perrin …

NAMIC Urges State Legislators to Introduce Insurance Compliance Self-Evaluative Privilege Model Act

The National Association of Mutual Insurance Companies (NAMIC) encouraged the National Conference of Insurance Legislators (NCOIL) to introduce its Insurance Compliance Self-Evaluative Privilege Model Act in state legislatures next year. The act assures the confidentiality of internal audit reports voluntarily …

NAII Encourages Flexible Approach to

The National Association of Independent Insurers (NAII) is urging a federal agency to take a more flexible, multi-level approach in its revision of the ergonomics standard. The ergonomics standard, which was developed to provide regulations in the workplace regarding the …

Report Deems Michigan Workers’ Comp Market Competitive

A competitive workers’ comp market remains in Michigan, avoiding major price increases experienced in other states according to a report released by the Compensation Advisory Organization of Michigan who provides advise to the Michigan Workers’ Compensation Placement Facility. According to …

Indonesia To Require Piracy Insurance

The Indonesian National Shipowners Ass’n. announced that foreign vessels sailing in the country’s waters will now be required to insure their cargoes against piracy. The move comes in response to the sharp increase in incidents of piracy in and around …

Sampo Extends Offer For Storebrand

Finland’s Sampo plc has extended its offer to the shareholders of Norway’s Storebrand ASA for one month. The new deadline for acceptance of the $2.2 billion offer is now set to expire August 10th. Although Sampo announced that 83.5 percent …

Global Warming Debate Heats Up

A new report from the United Nation’s International Panel on Climate Change warns that global temperatures are rising much more rapidly than previous estimates had indicated and predicted disastrous environmental consequences as a result. The new data forecasts that global …

PA Hospital Ass’n. Alerts Harley Owners to

The Hospital & Healthsystem Association of Pennsylvania (HAP) has issued a warning to people selling their motorcycles, particularly Harley-Davidsons, to beware of a potential buyer posing as a doctor. The thief used the same ruse in two thefts, one in …

D.C. City Council Considering Car Cell Phone Ban

Washington D.C.’s City Council is considering a ban on the use of handheld mobile phones in cars, which would affect an estimated 240,000 D.C. residents and another 300,000 commuters from Maryland and Virginia. The council heard testimony highlighting safety concerns …