Insurance Journal Magazine
    
    
 
    September 2, 2002 9/11 One Year Later--Cyberliability
In this Issue
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									FeaturesFormer State Farm Agents Win $12M Settlement
 A three-and-a-half year lawsuit pitting two former State Farm agents...
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									FeaturesBallot Statement Removed; Mendoza Gains MAPA Support
 John Garamendi, Democratic candidate for California Insurance...
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									FeaturesSpeculation Grows on AIG Takeover of Zurich
 Rumors of a possible takeover of Zurich Finan-cial by U.S. insurance...
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									Cover StorySept. 11 Revisited: The Future of the Industry
 When the nation awoke on the morning of Tuesday, Sept. 11, little did...
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									FeaturesLife and Death Decisions, A Tale of Two Towers
 As the classic television crime show used to remind us, "There are 8...
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									FeaturesFraud Fighters Tackle Individuals Looking to Exploit Disaster
 Among those combating this problem has been the New York Department...
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									FeaturesWTC Claims Dispute, $7.1 Billion at Stake
 Despite recent court ordered settlement procedures, the legal dispute...
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									FeaturesExclusions Persist as Congress Debates Federal Terrorism Backstop Legislation
 Nearly a year after the Sept. 11 terrorist attacks, the issue of...
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									FeaturesBesieged by Cyber Liability’
 Web sites, online services, e-mail and software programs have created...
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									FeaturesS&P’s Maintains Negative Outlook for European Reinsurers
 Standard & Poor's said that although the European reinsurance market...
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									Editor's NoteSept. 11-A Year Later
 In this issue, we pause for a moment and try to grasp the meaning and...
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									NewsbriefsEIGHT INSURERS EXPOSED TO WESTERN FIRE RISKS
 In seven Western fire-prone states, only eight large property and...
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									NewsbriefsSOME COLO. WORKERS’ COMP LOSS COSTS TO DECLINE
 Workers' compensation costs for some Colorado employers may decrease...
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									NewsbriefsFITCH REPORTS CONTINUED WORKERS’ COMP CHALLENGES
 A new report published by Fitch Ratings states that the workers'...
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									NewsbriefsSTATES PRAISED FOR REACHING RECIPROCITY GOAL FOR PRODUCER LICENSING
 State legislatures in more than the required 29 states recently met...
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									NewsbriefsIIABA DIVERSITY TASK FORCE TO LAUNCH PLAN
 The Independent Insurance Agents & Brokers of America (IIABA)...
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									NewsbriefsANNUAL FRAUD CONF. MEETS
 The International Association of Special Investigation Units (IASIU)...
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									NewsbriefsWORKERS’ COMP PROBLEMS ADDRES-SED IN REGULATIONS
 Modifications to a final medical privacy rule issued by the U.S....
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									NewsbriefsNAMIC LAUNCHES WEB SITE FOR ELECTION INFORMATION
 In anticipation of a dramatically revamped roster of state insurance...
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									NewsbriefsSTUDY SEES MAJOR INDUSTRY CHALLENGES
 A new study released by National Marketing Services finds that...
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									RatingsCSG Under Review
 A.M. Best Co. placed the financial strength ratings (FSR) of the...
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									RatingsGulf Rated ‘A+’
 A.M. Best Co. has assigned a financial strength rating of "A+"...
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									RatingsOneBeacon’s Rating Affirmed
 A.M. Best Co. has affirmed the financial strength rating of "A"...
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									RatingsVesta’s Outlook Negative
 Fitch Ratings affirmed "BBB-" insurer financial strength ratings of...
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									Legal BeatAdjusting Our Focus
 It was a beautiful fall morning. I had been running late, and then...
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									Fraud RoundupCouple Arrested for Fraud
 Two Sacramento county area residents, Julie Ann Gonzales, 30, and...
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									Fraud RoundupCDI Orders Ins. Co. to Cease and Desist
 The CDI issued a Cease and Desist Order on New Life Christian Care...
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									Fraud RoundupRoofing Co. Engages in Fraudulent Activities
 The death of a roofing company employee has resulted in the arrest of...
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									Fraud RoundupPolice Dispatcher Arrested for Fraud
 A Vacaville, California Police Department dispatcher was charged with...
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									Fraud RoundupFriends Arrested on Auto Fraud Charges
 Emmanuel Benavides Torres, 25, and Oscar Gomez Martinez, 26, were...
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									Fraud RoundupDisc Jockey Caught in Fraud Scheme
 Kenneth W. Fitzwater, 46, of Citrus Heights, Calif., was arrested at...
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									Fraud RoundupMan Arrested for 19 Counts of WC Fraud
 An Orange County man was arrested at his Westminster home on 19...
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									Parting ShotsP&C Insolvency Exposure – 2001 to 2002
 When the Sept. 10, 2001 issue of the Insurance Journal carried...
 
 
    



