Currents for June 2007

• Property market in cat-prone areas not soft — yet
• Inland businesses can be hurt when coastal storms strike
• Storms of 2007
• Arizona aims to raise workers’ compensation benefits limits
• Lessons learned and applied
• Warning: Scammers using Maine insurer’s name
• Calif. State Fund files 11% premium decrease
• Fla. extends police, firefighter workers’ compensation benefits
• N.Y. vows to revamp regulation to remain financial capital
• Bank of Albuquerque awarded New Mexico insurance contract
• Sen. Alexander takes up nuclear workers’ cause
• R.I. House members forward coastal measures
• Group challenges Fireman’s Fund’s earthquake rates
• State Farm to lower rates if Fla. lets no-fault expire in October
• MarshMac blasts N.Y. Post over ad photography criticism
• Study: Calif. workers’ comp reforms are working
• Storms of 2007
• Violent and property crime down in Northeast, reports FBI
• Consumers not informed about homeowners insurance, study says
• Ark. company recalls 40,000 pounds of ground beef sold in 12 states
• Risk managers take strong stand against contingent commissions
• Mulryan: Working to improve Calif. State Fund’s value, transparency
• La. and Fla. taking different paths on insurance woes
• Fast-growing, state-run property insurers pose risk for taxpayers
• Violent crime up, property crime down in 2006, FBI reports
• Poll: Many coastal residents still not ready for hurricanes
• Court sides with insurers on credit reporting case
• Calif. commissioner seeks additional workers’ comp reforms
• Slow death for coastal windstorm bill in last days of Texas session
• Court: Injuries even to prosthetic parts deserve workers’ comp benefits
• Swingle named president of IIAT; Elbert and Braniff honored
• Fla. Supreme Court ruling could set wind-water case precedent
• Mich. study: Industry can be key player in economic recovery
• S.C. reforms workers’ comp fraud, injury reporting laws
• In Wis., adult children can collect for suffering in wrongful death suits
• Fla. court finds hospitals not responsible for docs without insurance
• N.D. workers’ comp officials appear in court on felony charges
• Alabama lawmakers raise auto insurance limits, but delay legislation for statewide building code
• Neb. bill: Adults would be liable for damages if alcohol given to kids
• Florida and Louisiana take different paths on insurance woes
• Businesses protest N.Y.’s ‘scaffold law’ as session nears end
• Newport’s mansions develop hurricane plan
• Hurricane forecasters agree: busy season ahead
• Jury finds Brightpoint-AIG finite reinsurance deal violated SEC laws
• RMS withdraws 5-year hurricane model from Fla.
• Mass. workers’ comp rates going down 16.9%
• Storm-tested, researched Fla. building codes remain a work in progress
• Maryland law targets staging accident fraudsters
• Richardson has high hopes for S.C. omnibus coastal legislation
• N.J. agents view insurance companies’ real time capabilities
• Delta officials fear effects of levee warning
• Fla. agents send special response vehicle to tornado-ravaged Kansas town; statistics detail loss cost numbers
• N.C. department declines to probe malpractice rates
• ‘Apprentice’ reject settles lawsuit with Trump
• Insurers try to prevent losses in wildfire hotspots
• Ill. lawmakers toughen teen graduated licensing program
• Washington Insurance Fair Conduct Act becomes law
• Agent study: Mich. boating fatalities drop slightly, accidents rise
• Calif. Commissioner could seek Allstate refunds
• Greenberg: no good has come from Spitzer
• Calif. permanent disability cuts ruled invalid
• Property insurance rate hikes in store for La.
• Consumer group blocks settlement against Mercury Insurance
• Texas AG cracks down on lender for ID theft exposure
• Critics: Wyoming medical review panels aren’t lowering premiums
• Hurricane forecasters agree: busy season ahead
• Insurers oppose Nevada bill that would open court records
• Republic CEO: P/C mergers and acquisitions likely to ‘skyrocket’
• ‘Broken lawsuit system’ hurts small business, dampens the spirit of entrepreneurship, study claims
• La. sees rate decreases in workers’ comp filings
• Survey: 75% of consumers satisfied with insurance agents; personalized service
• Forecasters agree: 2007 Atlantic hurricane season to be busy one
• Oklahoma trails nation in funding for uninsured
• At last, World Trade Center rebuilding ready to begin

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