Insurance News from May 19, 2003
National News
Panelists Say Greater Risk Control Measures, Tort Reform Will Improve Hospital Professional Liability Market
Dramatically higher premium increases and risk retention requirements have reportedly...
International & Reinsurance News
Best Announces Rating Actions on AXA’s Canadian Subsidiaries
A.M. Best Co. announced several ratings actions affecting the AXA Group's Canadian...
East News
NJ Assembly Approves Auto Insurance Reform Act
On Friday the New Jersey General Assembly unanimously approved The Automobile Insurance...
West News
Calif. Commissioner Authorizes Bailout of Guarantee Fund
California Insurance Commissioner John Garamendi recently authorized an emergency...
Southeast News
NCCI Elects Albano, McClung to Board
The membership of Boca Raton, Fla.-based NCCI Holdings Inc., elected James A. McClung...
Texas / South Central News
Texas Medical Liability Reform Bill Signed into Law
Senate Bill 339, which addresses the medical liability crisis in Texas was signed into...
Midwest News
Progressive Scores April 88.3% Combo Ratio
Progressive Corp. reported that for April 2003, the company produced a GAAP combined...