National News for June 2005
- AIG’s First Quarter Beats Analysts’ Expectations
- Failed Reciprocal of America Executives Sentenced for Role in Fraud
- New Broker Integro Adds Lowenthal as Chief Information Officer
- Treasury Report Opposes Renewal of Terrorism Risk Insurance Act
- Treasury Report on Terrorism Insurance: Exec Summary
- Businesses Hit Treasury Terrorism Insurance Report
- Marsh Names Sinnott Vice Chairman
- National Alliance Announces 2005 Outstanding CSR of the Year Award Winners
- American Hobbyist Adds Online Rating, Submission to Site
- Agents Oppose Crop Insurance Premium Reduction Plan
- PIA Sponsoring Program to Aid Agents in Taking Back Personal Lines Market Share from Direct Writers
- A.M. Best Assigns FSR to Markel Corp; Outlook Stable
- The Hartford’s New D&O Product Protects Independent Directors
- Hurzeler Receives IMCA Golden Torch Award at Annual Meeting
- AIG Files Delayed Annual Proxy Statement; Greenberg Tallied $8 Million in Bonuses
- Best Study: Agents, Insurers Raid Competition for New Employees
- Students Find Americans Willing to Pay for ID Theft Insurance
- Primavera Joins Willis as Senior VP in Construction Practice
- Proxix Solutions Unveils Database for Assessing Risk in Urban/Wildland Areas
- Brown & Brown Moves Lawyer’s PL Program to Greenwich
- Justice Department and Actuaries’ Captive Settle Antitrust Suit
- Tillinghast to Launch Commercial Lines Survey w/ Webcast on July 6
- GE Realigns Business Units; Names 3 Vice Chairmen
- Zurich N.A. Names Controller/Regional Group Controller
- Report: U.S. Reinsurance Market Posts 105.5% Combined Ratio in 2004
- MassMutual Alleges ‘Willful Abuse of Authority’ in Firing CEO O’Connell
- WTC Twin Towers Investigators Urge Improved Skyscraper Safety
- Big “I” Disputes OFCC Group Inaccuracies on Optional Federal Regulation of Insurance
- IMG to Refund U.S. Grand Prix Tickets
- AIG Names Comptroller, Treasurer; Adopts Independent Director By-Laws
- Conning: ‘Right States’ Approach Works for P/C Insurers
- Bank Insurance Brokerage Fee Income Up 7.5% in 2005 1Q
- Schinnerer Moves K&R Program to Great American
- St. Paul Travelers Has Online Rating for Standalone Equipment Breakdown
- Study Shows Suzuki Motorcycle Is Risky Business
- Venture Programs Expands Hospitality Program with Package Solution
- RAND Corp: U.S. Terrorism Insurance System Falling Short
- GE Receives General Subpoena Regarding Finite Insurance
- Zurich N.A. Appoints Seven Executives to New Regional Positions
- MassMutual Reviews Direction as Ouster of Previous CEO Draws Scrutiny
- St. Paul Travelers and Kemper Reach Co-Surety Settlement
- InsWeb Launches Agent Lead Generation Program
- NAIC Requests Balanced Approach to Insurance Regulation at Hearing
- Agent Leader Rusbuldt Speaks Out Against Hodgepodge of Disclosure Rules by Insurers
- Asbestos Reform Group Launches National PR Campaign
- NAMIC Glad Full SOX ‘Off the Table,’ Cost, Applicability Remain at Issue
- Top Corporate Execs Stress Moving Beyond Spitzer
- Risk Retention Group Premium Soars Above $2 Billion
- PCI Urging House to Move Forward on Regulatory Modernization
- Insurers, Military at Odds over Workers’ Comp Program for Civilian Contractors
- Gold Seal Introduces Web-based Agency Internal Audit Program
- Big ‘I’ States Opposition to Optional Federal Charter Plan
- S&P Conference: With End of Contingent Commissions, Brokers Find Ways to Plug the Hole
- Second General Re Executive Pleads Guilty in AIG Fraud Case
- Marsh Decides to Keep Businesses
- States Say Joint Bank-Insurer Regulatory Efforts Paying Dividends
- States Close In on Finite Reinsurance Disclosure; N.Y. Agrees to Adopt Model
- Compensation Study Shows More Agencies Hiring Risk Managers
- AIA Names Former Montana Gov. Marc Racicot as President
- Smith Follows Greenberg, Resigns from AIG Board of Directors
- Chubb Introduces New High-Limit Surety Bond Product
- NBIS Names Savarese Chief Underwriting Officer
- Greenberg Officially Resigns from AIG Board
- Study Claims Cost of SOX to Mutual Insurers Greatly Outweighs Benefit
- Justice Dept. Limits Prosecutions Under Medical Privacy Law
- Conning Reports Med-Mal Returns to Profitability in 2006
- New Broker Integro Appoints Key Executives from Marsh
- IRISK Solutions Promises Risk Management for Middle Market Firms
- Willis Exec: Human Resources Pros Face Expanded Role
- S&P Mid-Year 2005 Report on Outlook for U.S. Reinsurers – Sector Stable, “But Only Because Of Parental Support”
- What Happened to the Rogue Underwriters?
- Gold Seal Risk Management Launches in U.S.
- Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
- 15 Firms Charged With Directed Brokerage Violations, Fined $34 Million
- Eckert Joins Professional Underwriters as VP for Municipal Programs
- The Hartford Adds Genetic Discrimination to EPL Coverage
- SEC Complaint Details General Re Exec Role in AIG Reinsurance Scheme
- Insurance Educators Create New Professional Training Designation
- Brown & Brown Acquires U.S. Risk’s Governmental Programs Division
- Insurance Institute for Highway Safety Names Side Impact ‘Best Picks’
- General Re Exec Pleads Guilty to Criminal Conspiracy
- Chubb Launches Not-for-Profit Organization Portfolio Package
- NAIC Appoints Palmer as Managing Director of Government Relations
- USI Holdings Appoints Gardner as Compliance Director
- Aon Supports Fitch Report on TRIA Extension for Commercial Real Estate
- MassMutual Abruptly Fires CEO; Reese, Birle Take Over
- S&P Trims AIG Ratings
- Hull Promotes Ramsey to VP, National Personal Lines
- S&P: Personal Lines Sector Outlook Stable Despite Market Softening
- The Hartford Chosen as Preferred Commercial Insurer by National Association of Wholesaler-Distributors
- OneBeacon Purchases Renewal Rights for Chubb’s Hospital Professional Liability, Managed Care E&O Books
- AIA Calls for Better Coordination of Insurance Department Investigations
- Study Reports Medical Malpractice Payouts Rise Only 4%; Doctors Go to Cap States
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