Monthly Archives: <span>September 2004</span>

Federal Help Authorized for W.V. Storm Recovery

Federal disaster aid has been made available for West Virginia to help people in the northwestern part of the state recover from the effects of torrential rains that struck the area late last week, according to the head of the …

WCRI November Conference to Have a Texas Focus

The Workers’ Compensation Research Institute announced that it’s annual Issues & Research Conference, to be held Nov. 10-11, 2004, in Cambridge, Mass., will feature a session on the Texas workers’ comp system. The Texas session is entitled, “TEXAS – Wrestling …

Best Reports P/C Insurers “Post Solid Results;” $9 Billion Profit for 1st Half of 2004

According to a new special report from A.M. Best Co., the U.S. P/C industry recorded an underwriting profit of nearly $9 billion during the first six months of 2004, a substantial gain from the comparable period of 2003. Best said: …

S&P Affirms Employers Re ‘A+’ Ratings

Best Reports 28% Increase in Direct Premium Volume for Surplus Lines Industry By End of 2003

A special report released by A.M. Best Co. concludes that at the end of 2003, direct premium volume for the surplus lines industry increased by approximately 28 percent over the prior year, which followed an estimated 62 percent increase in …

Lloyd’s Chairman’s Remarks to Houston Forum

Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night. Lloyd’s said Levene would urge industry leaders to “do more …

Best Announces Rating Actions on QBE Group

A.M. Best Co. announced that it has assigned an issuer credit rating (ICR) of “bbb+” to Australia’s QBE Insurance Group Limited, the non-operating holding company of the QBE group of companies. Best also said it has assigned a financial strength …

R&M Publishes Journal of Risk Finance

Dublin-based Research and Markets announced the addition of The Journal of Risk Finance (JRF) to their offerings. “JRF presents clear, practical analysis of the developing range of sophisticated, customized products in risk finance and risk management. It combines techniques used …

Endurance Estimates Frances’ Losses at $20 Million

Bermuda-based Endurance Specialty Holdings Ltd. reported that estimated potential claims from Hurricane Frances, after-taxes and net of reinsurance and reinstatement premiums, are expected to be $20 million or less. The company said the “estimate is based on currently available information …

Hartford to Host Conference on Japan Operations

The Hartford Financial Services Group, Inc. will present an overview of the company’s Japan operations on Wednesday, September 22, from 3 p.m. to 5 p.m. in Tokyo. Presentations by Greg Boyko, senior vice president in charge of The Hartford’s international …