Insurance News from September 14, 2005
National News
RRGs Need Uniform Rules, Better Member Safeguards, Argues Federal Report
State insurance regulators should adopt consistent standards for risk retention groups...
International & Reinsurance News
XL’s Katrina Net Losses 1.75% of Industry Totals (Around $700 Million)
Bermuda-based XL Capital Ltd. announced that, based on initial analyses performed by...
East News
Conn. Medical Holds Malpractice Rates Even After 5 Years of Hikes
Connecticut Medical Insurance Co., one of the state's largest writers of medical...
West News
AIA Urges Calif. Gov. to Veto Legislation Unraveling 2004 Comp Reforms
The American Insurance Association is urging Gov. Arnold Schwarzenegger (R) to veto SB...
Southeast News
Hurricane Ophelia Packs 85 mph Winds, Pounds the Coast 40 Miles East of Wilmington, N.C.
Hurricane Ophelia, a Category One hurricane packing 85 mph sustained winds, is raking...
Texas / South Central News
La. Nursing Home Owners Surrender
Louisiana Attorney General Charles C. Foti, Jr., reported that owners of St. Rita's...
Midwest News
Ohio Dept. to Collect Medical Liability Claims Data
Ohio Department of Insurance Director Ann Womer Benjamin recently announced the launch...