Insurance News from March 27, 2003
National News
S&P’s Lowers Kemper Cos. Ratings; Keeps on Watch Negative
Standard & Poor's has lowered its counterparty credit and financial strength ratings on...
International & Reinsurance News
Munich Re Posts $1.7 Billion 2002 Net Profit; Premiums Up 10.8%
Munich Re, the world's biggest reinsurer, managed to avoid the falling equity values...
East News
NAII Lauds House Passage of N.H. Regulatory Modernization Bill
The National Association of Independent Insurers praised New Hampshire's House of...
West News
WCIRB to Propose 10.6% Increase in Pure Premium Rates
California's Workers' Compensation Insurance Rating Bureau (WCIRB) Governing Committee...
Southeast News
Fla. Bill Tightening Penalties for Selling Unlicensed Ins. Clears Committee
Florida's Chief Financial Officer Tom Gallagher praised the Senate Banking and Finance...
Texas / South Central News
Tort Reform Measure Signed in Arkansas
The American Insurance Association praised Arkansas Governor Huckabee for signing...
Midwest News
Mich. Bill Would Restrict Aftermarket Parts
A Michigan bill that would place onerous restrictions on insurers ability to prescribe...