National News for July 2004
- Prime Earns ‘A’ Financial Stability Rating
- NAMIC Encourages Legislators to Back TRIA Extension
- USI Releases 2Q Financial Report
- Bremer, Gorbachev, Bacall to Address Leadership Forum
- Consumer Agency Targets Swimming Pool Safety
- St. Paul Travelers Unveils Results from Study on Equipment Rental Industry Mishaps
- Trusted Choice Ads to Return to Airwaves
- PCI Appoints McKay as Federal Affairs Director
- Bank Holding Insurance Underwriting Income Up 2% to $25 Billion in 2003
- MMC Releases 2Q Results; Net Income Up 7%
- Arthur J. Gallagher Posts 2Q Results
- Chubb Reports ‘Strong’ Second Quarter
- Berkley Says Second Quarter Shows Progress
- Penn-America Says Second Quarter Record Results Reflect Firm Pricing in E&S Lines
- Four ACE Members Agree to $14 Million Settlement
- Philbin Chosen as New Trusted Choice Exec. Director
- ACE USA Unveils Hurricane Spin-down Coverage for Chemical Plants, Refineries, Related Industries
- Gentile Joins Tillinghast as National Director
- Senate Passes Confidential Medical Error Reporting System
- Study: Employers Ignoring Workplace Violence
- CalSurance Unveils National E&O Coverage for Broker-Dealers with 75 or Less Registered Reps
- Castle Replacement Cost Services Integrated into the RiskMeter Online
- St. Paul Travelers to Cut 3,000 Jobs
- PCI: Senate Bill Reflects Importance of TRIA Extension to American Economy
- NAAIA Announces 2004 Conference and Summit
- A.M. Best Downgrades Debt Ratings of St. Paul Travelers; Affirms Financial Strength Ratings
- Mandatory Auto Insurance Does Not Reduce Number of Uninsured Drivers, Says Insurer Trade Group
- AAIS Appoints Maka to Director of Marketing
- A.M. Best Sees Stable Ratings for Reinsurers
- Atlantic Mutual Reducing Deductibles to Reward Claim-Free Homeowners and Drivers
- Big I Announces Best Practices Symposium
- ATRA Urges Enactment of Lawsuit Abuse Reduction Act
- National Insurance Task Force Makes Name Change
- Quanta US Names Fishman President
- Association of Professional Insurance Women Elects Board, Advisors
- Aon, CSC Ink $600 Million IT Outsourcing Deal
- AIA: Senate Bill Boosts Momentum to Extend Terrorism Insurance Law
- Axis Introduces New Commercial Property Capabilities
- Survey: Carrier Performance Falls Short of Expections
- Survey: Market Index Shows Continued Softening for Commercial P/C Market
- Darwin, Target Markets Partner to Offer E&O
- PCI Says Lack of “Due Process” Still an Issue with Market Conduct Model Act
- NAMIC Says NCOIL Market Conduct Model Amendments “No Better, No Worse”
- NAMIC Addresses NCOIL Regarding Sarbanes-Oxley
- State Fraud Laws Need to Be Tougher, Group Says
- Fair Isaac Launches New Decision Making Software for Insurance, Financial Services Industries
- Crop Insurers, Agents Unhappy With New SRA
- Fitch Revises Outlook on U.S. Commercial Lines Sector to Stable
- Conning Study: Estimates $14 to $24 Billion Gap in P/C Reinsurance Recoverables Expectations Is Growing
- PCI Tells NCOIL That Restrictions on Loss History Are Unnecessary
- NCOIL Task Force Backs TRIA Extension; Market Conduct Model Next on Agenda
- ACE Launches Hurricane Cancellation Product
- Nominations Now Being Accepted for AICPCU/Wharton Insurance Executive Development Program
- MarketScout: Market Holds Steady at 7% for June
- RIMS: Soft Market Takes Hold as Commercial Premiums Decline 15%
- Industry Ethics Executive to Participate in National Conference of State Legislatures Discussion
- Kemper Auto & Home Names McDaniel as President
- Weiss Report: P/C Insurers Earn $32.3 Billion in 2003, Industry Reports $48 Billion Investment Gain
- Actuaries Look at TRIA
- Assurex Global Re Forms Cell for Risk Management Needs for Construction Clients
- Insurers Must Go Paperless in Right Way, Group Says
- Loss-History Data Under Scrutiny in 31 States
- Chubb Warns Homeowners to Make Hurricane Preparations as Percentages Increase
- S&P: Mercury Casualty Co., Affiliates Ratings Affirmed
- ACE Risk Management Introduces Corporate Risk Solutions for Mid-Sized Companies
- Study: MICRA Cuts Malpractice Awards by 30%
- NCOIL to Investigate Corporate Governance Issues
- House Approves Wind Damage Reduction Program
- Cybersettle to Assist in Claims Handling for CNA
- IIABA Testifies on Gramm-Leach-Bliley Act; Says Legislation Reaffirmed State Authority
- Bank Holding Companies’ Insurance Agency Fee Income Rises to Record $8.4 Billion in 2003
- IMMS Launches Online Market Service
- Actor, Writer Stein to Speak at CPCU Ceremony
- NAMIC Responds to Senate Class Action Vote
- Commentary: Farewell Reflections Conclusion
- PCI Urges NAIC to Drop Insurance Scoring “Best Practices;” Focus on Consumer Education
- AXA Closes MONY Acquisition; Best Notes ‘A+’ Rating
- NAMIC Responds to CEJ Comment on Credit Scoring
- Consumer Group Claims NAMIC Study on Credit Scoring ‘Flip-Flops’ Earlier Positions
- AIA Responds to Senate Class Action Vote
- ISO Unveils New COA Claims-Handling Solution
- S&P Lowers MarshMac’s Ratings to ‘A+’ from ‘AA-‘
- Gen Re Announces Richter to Retire as Genesis Chairman, CEO; General Star’s Roberts to Head Combined Group
- NAMIC Issues Policy Paper on ‘Disparate Impact’ Theory for Credit Scoring
- Flat Caps on Damages Unfair, Says Harvard Study
- ISO: Insurers to Pay Policyholders $1.65 Billion for Q2 CAT Claims
- Zurich Appoints Political Risk Underwriter for Washington
- AIA: Momentum Reportedly Growing to Extend Terrorism Insurance Law
- Commentary: Farewell Reflections Continued
- Commentary: Farewell Reflections
- ESIS Unveils New Risk Management System
- Coalition of Doctors Call on Kerry, Edwards to Support Med-Mal Reform
- AIA Urges Senate to Complete Work on Long Overdue Major Legal Reform
- ATRA: Kerry-Edwards Victory Will Raise Tort Tax
- PCI Stresses Importance of Postal Service Reform
- Insurance Associations’ Letter to Rep. Oxley on TRIA
- Best’s P/C Center Adds Access to Financial Statements
- Survey: Pricing Surpasses Terrorism as Top Concern
- W. R. Berkley Forms New Specialty Company, Acquires Gulf Renewal Rights; Zeitman to Head Unit
- Agent Groups Express Appreciation as President Signs Flood Insurance Extension Bill
- ACE Financial Solutions Names Dove President
- PCI Hears Rep. Baker Describe SOX Regulatory Reform
- The National Alliance Names Outstanding CSRs for 2004
- IMCA Announces Showcase Award Winners
- Berkshire Completes Exercise of Warrants to Acquire White Mountains Common Shares
- CSC Expands BPO Relationship with Clarendon
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