Insurance News from February 09, 2005
National News
ISO: Insurers Pay a Record $27.3B in 2004 Cat Losses
U.S. property/casualty insurers paid a record $27.3 billion for insured property losses...
International & Reinsurance News
AIG Sets Record for Profit in 2004
American International Group's reported fourth quarter earnings exceeded Wall Street...
East News
Conn. Gov. Rell’s Med-Mal Proposal Skips Damage Caps Unless Rates Fail to Drop 15%
Connecticut Governor M. Jodi Rell has revealed a variety of proposals contained in her...
West News
A.M. Best Affirms Ratings of Mercury Casualty Group
A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) of Los...
Southeast News
PCIA Tells NAIC: SOX Compliance Could Cost Non-Public Insurers $1 B Annually
A spokesman for the Property Casualty Insurers Association of America told a National...
Texas / South Central News
Arkansas Senate Updates Any Willing Provider Law
Without debate, the Arkansas Senate approved legislation Monday that would breathe new...
Midwest News
Ind. Fraud Bill May Get Facelift
Strengthening Indiana's weak insurance-fraud law will raise Indiana's fraud statute to...