National News for April 2005
- AIG Reportedly to Delay Annual Report Again
- Hinkel Joins BrightClaim as National Account Executive
- ISO: Insurers to Pay Policyholders $2.1 Billion for Q1 Catastrophe Losses
- Henrikson to Succeed Benmosche as MetLife CEO
- York Insurance Parent Bexil Receives Delisting Notice from American Stock Exchange Over Late Filing
- Turning Politics into Green for Favored ‘Blue’ Insurers
- Aon Risk Services, LMS Launch Risk Management Initiative in Obstetrics
- The Hartford Notes 17% Gain in Q1 Net Income
- Nearly Half of Large and Mid-Sized U.S. Businesses Buy Terror Coverage, Marsh Study Finds
- Sarbanes Oxley Drives Up Large Companies’ Audit Costs by $1.4 Billion
- Travelers Aiding Agents with New Ad Campaign
- Florida’s Soto Nominated as Big ‘I’ President Elect; Iowa’s Fulwider Named Next VP
- PCI Submits Comments to Federal Trade Commission on Credit Scoring Research
- EQECAT Issues U.S Hurricane Model Challenge
- Study: Few Americans Maintain Healthy Lifestyle
- InsurPac Honors Awarded at Big ‘I’ Event
- U.S. Insurers Back Development of Disclosure Standards by International Association of Insurance Supervisors
- Best: U.S. P/C Industry Notes First Underwriting Profit Since ’78
- Chubb Unveils Q1 Report; Net Income of $470M
- AIG, Related Units Stay on CreditWatch Negative
- Barton, McCormick Join Crawford & Co.
- AFC Enterprises Arrives at Agreement on Certain Shareholder Lawsuits with Arthur Andersen
- ‘First Round Draft’ Insurance Policy Winning Over Students, Parents
- Coalition for Asbestos Reform Opposes FAIR Act
- Markel American Insurance Teams with Elton Porter Marine on Ultra High Performance Program
- Transportation Secretary Calls Highway Fatalities an Epidemic; 42,800 Die in 2004
- Agents and Brokers: Top 10 Reasons to Join the Top 100… and Let Your Success be Known
- President Bush Addresses The Big ‘I’
- AIG Restructures Its Executive Governance, Adds 2 Outside Directors to Board
- From Brokers and Risk Managers, Mixed Signals on Compensation and Conflicts of Interest
- AMSA: Med-Mal Reform Needs to Focus More on Patients, Less on Caps
- Specialty Underwriters’ Alliance Unveils Collateral Recovery Program Through AEON
- RemoteScan Now an Option for Agents
- Best Affirms FSR for Travelers PC Pool
- PCI, NAMIC Voice Opposition to Sen. Specter Legislation
- Goodyear Flying High with Insurance Settlement
- St. Paul Travelers Unveils Internet Basic Liability Protection Policy for Certain Tech Businesses
- AORC Applauds Congressional Effort to Increase Use of Seat Belts for Vehicles
- Fitch Moves Berkshire Hathaway’s Outlook to Negative
- PIA National Takes Issue with Plumeri’s Comments
- Willis CEO Calls for Halt to Contingent Commissions for All Agents, Brokers
- AIA Urges Senate Committee Approval of Primary Seat Belt Law Incentive
- Fortress Global Offering ‘Agent Check Plus’ Program in Order to Protect Insurers
- NAMIC Public Policy Director: ‘Disparate Impact’ Theory Provides No Support for Banning Credit-Based Scoring
- For Retail Risk Managers, Workplace Violence and Staff Turnover Proving Top Challenges
- Pet Peeve: Insurance Industry Should Let Sleeping Dogs Lie and Worry About Cat Losses
- ACE USA Launches Network Risk Policy
- Willis CEO Plumeri to Open RIMS Conference in Philadelphia with Call for Industry Change
- Lloyd’s Chief Offers Prescription for Restoring Confidence In Insurance Industry at RIMS
- Cunningham Lindsey U.S. Expands Property General Adjusters Team
- NMDA, Universal Underwriters Group Hit the Roads with Motorcycle Garage Keepers and Open Lot Coverage
- President Bush to Speak at Big ‘I’ National Legislative Conference April 21
- Summit Launches ArborMAX Insurance Program
- Former CEO Greenberg Transferred $2 Billion in AIG Shares to Wife Just Days Before Quitting Insurer
- Insurers Tell Senate Panel of Possible Long-Term Terrorism Insurance Solution; Urge Swift Action
- Willis Group Finalizes Sale Involving Stewart Smith Group to American Wholesale
- S&P Assigns AmWINS ‘B’ Rating; Outlook Stable
- Search for Nation’s Top Independent Insurance Agencies Commences
- Schinnerer Unveils SpecialtyOne E&O Program for Management Consultants, Staffing Firms
- O’Neill Named NBIS VP of Underwriting
- Big ‘I’ Praises House for Passing Death Tax Repeal
- Conning Reports More Mergers and Acquisition Deals for 2004, but Dollar Values Decline
- AIA Urging Federal Incentive for Primary Seat Belt Laws
- Cunningham Lindsey International Adds Axis U.S.A.
- Buffett Talks, Greenberg Mum as Investigators Continue Probe of AIG
- ‘No-Cost’ Insurance Incentive Said to Boost Car Sales
- PCI Backs Feinstein Consumer Protection Legislation
- First Underwriting Profit Since 1978, Investment Gains Send Industry’s Net Income and Surplus to Record Highs
- Study Says Higher Horsepower, Fewer Accidents; Costs Rise Though with More Horses
- AEC Firms Can Learn from May Webcast
- Insurance Journal ‘How to Write’ Series Looks at Lawyers Malpractice April 13
- Jones to Step Down as HRH’s Chief Financial Officer
- Fitch Affirms Ratings for HFSG
- Cochran, Caronia: Insurers to See Major Declines in Core Earnings Power
- COO Miller Exits St. Paul Travelers for OneBeacon
- P/C Industry Says Treasury Study Inadequate Gauge of Terrorism Insurance Market
- Spitzer Claims ‘Powerful’ Evidence Against AIG; Stresses Today’s Witness Buffett Not Subject of Probes
- Greenberg, AIG and Starr Consent to Court Order Protecting Documents Sought in Investigation
- Minn. AG, Willis Group Resolve Investigation; N.Y. Also Reports Agreement
- S&P: Willis Group Holdings Ltd. Ratings Removed from CreditWatch and Affirmed; Outlook Negative
- S&P Raises Real Legacy Assurance Co. Ratings to ‘BBB+’; Outlook Stable
- Great Central Notes Partnership with Weber Associates
- S&P Publishes Comparison Study on U.S. Surplus and Specialty Lines Insurers
- Hartwig Tells CASRS Seminar Volatile Underwriting Cycle is Back
- OneBeacon Offers Tailored Solutions to Cultural Institutions, Commercial Real Estate
- The National Alliance Notes Board Additions
- Reinsurance Group’s Cohen Named Woman of Year
- Key Insurers Withdraw Support for Federal Asbestos Trust Fund but Sens. Frist, Specter Push Ahead
- Industry Veteran Lejfer Opens Environmental Wholesaler
- IVANS Survey: Independent Agents Concerned About Internet Security; 80% Fear Viruses, Worms
- Best Assigns Issuer Credit Ratings for AIG’s Insurance Subs; Ratings Status is Under Review
- Wachovia to Purchase Palmer & Cay
- Target Insurance Services Launches 3 New Programs: Home Inspectors, Large Law Firms, Accountants
- Best Comments on Universal Underwriters Group; Downgrades UULIC Rating
- ACE Expands Disaster Mortgage Distribution Channels Through General Agents
- S&P Lowers GE Insurance Solutions Ratings; Off CreditWatch; CEO Comments
- Aon Appoints Case President and CEO
- Argonaut Group Acquires Renewal Rights of Fireman’s Fund Binding Authority Business
- The Main Street America Group Names Restrepo Senior VP of Insurance Operations
- Spitzer Says No Criminal Charges Likely Against AIG; Greenberg’s Lawyer Maintains No Fraud Committed
- Liberty Mutual Joins Foes of ACE Re, Brandywine Sale
- AIG Halts Removal of Documents in Bermuda; CEO Sullivan Sends Letter to Shareholders
- S&P Report Notes Slower Growth in U.S. P/C Surplus
- Fireman’s Fund Launches Nationwide ‘Identity Theft’ Recovery Service
- Best Downgrades ERAC Ratings to ‘B++’
- Best Announces Rating Actions on Subsidiaries of GE Insurance Solutions; CEO Comments
- S&P Report Describes Increased Access to Capital Markets for Small, Mid-Sized Insurers
- One Person’s Slightly Used Auto Insurance Policy is Another Person’s … Treasure?
- From Detroit and Philly to Chattanooga and Roanoke, City Drivers Pay More or Less
- Study: Coordinating Care for Chronically Ill Does Not Increase Liability
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