National News for October 2005
- Duane Morris and Hancock Rothert & Bunshoft Law Firms to Merge
- Allmerica Changes Name to The Hanover Insurance Group
- CPCU Society Names 2005-06 Officers and Governors
- Tort Reform Legislation Passes House, Moves to Senate
- PIA National Debuts Spanish Web site
- Sale of AmWINS Majority Share to Equity Firm Finalized
- U.S. RE Takes Lead on Public/Private Facility for Terrorism Reinsurance
- Chubb Adds Risk Management Services for Affluent Clientele
- Defense Lawyers Call for TRIA Extension as Dec. 31 Approaches
- Troxel Resigns as Institute’s President and CEO
- Maritime Agency Expands Charter Boat Program to Include Small Boats
- CNA Reports Q3 Results
- St. Paul Travelers Reports Q3 Results
- Chubb to Offer National Equipment Register Services to Policyholders
- RMS Ups Wilma Loss Estimates
- AI Risk Introduces Admitted Architects & Engineers Policy
- Amendment Defunding Crop Insurance Plan Included in Agriculture Bill
- Fitch: Hurricane Wilma Further Strains a Delicate Florida Insurance Market
- Study Finds Only 18% of Americans Approve of Insurance Industry’s Job Post-Hurricane Katrina
- Iuppa Addresses Future of Regulation at PCI Meeting
- Jury Finds N.Y. Port Authority Can Be Sued Over ’93 Trade Center Bombing
- Katrina: The Long Road to Recovery
- Best Comments on Wilma’s Potential Impact on the P/C Industry
- RAND Study Supports TRIA Renewal
- NIP Responds to Disaster-Stricken Specialty Property Market
- RMS Estimates Wilma Insured Losses Will Total $6 Billion-$10 Billion
- Best Practices Report Outlines Tips for Effective Use of Agency Technology
- S&P Comments on Wilma’s Potential Impact on Florida Coverage
- Oxley “Totally Committed” to TRIA Reauthorization
- HCC Holdings Buys Lloyd’s Syndicate Manager Illium
- Commercial P/C Market Gets Ready for Post-Katrina Price Increases
- Parents Can Influence Teen Drivers by Setting Limits
- S&P Sees No Effect on Fireman’s Fund Ratings After Reserve Increase
- Online Database Identifies Vehicles Damaged by Hurricanes
- New Report Cites Lessons Learned from Hurricane Katrina
- New Shield Law Could Erase Current Lawsuits Against Gun Makers
- Abramson Elected ASCnet President
- Conference to Headlight Deer-Vehicle Crash Hazard Research
- Agents Call for Improvements to Federal Flood Program
- RIMS Benchmark Survey Reports Major Downturn in Commercial Rates
- Poll: Investors See Financial Governance Regulation As Too Lenient
- AIG Adopts Additional Corporate Governance Measures
- Study Accuses FEMA of Lax Implementation of Flood Program Changes Passed in 2004
- AIG Risk Management Unveils New Program for Temp Staffing Industry
- Big ‘I’ Pleased with Senate Committee’s Look Involving Flood Program
- Best Removes Allmerica from Under Review; Assigned Stable Outlook
- AIA Throwing Support Behind U.S. House Legal Reform Efforts
- CNA Unveils Enhanced EPLI Coverage
- Study Finds Fewer Med-Mal Claims Against Hospitals and Physicians
- NAMIC Leader Lauds Links to State Insurance Trades
- Best’s Loss Control Manual Includes Risk Info on Public Bus Companies, Apiaries, and More
- Regulators Approve Finite Reinsurance Disclosure Requirements
- Markel American Partners with BMW MOA on Endorsed Insurance Program
- A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005
- Wheeling Named Executive Director for Applied Systems’ User Group
- Starr Claims It’s Independent from AIG
- Merck Faces Surge of New Vioxx Lawsuits at Filing Deadline
- Lexington Insurance Set to Drive with New Suite of Policies for Motor Carriers
- Insurance Information Institute Adds Three to Research Staff
- Hurricanes Slow Aviation Premium Cuts, Report Says
- IGA Endorses Argonaut Group’s Grocers Insurance
- Van Aartrijk Group Unveils Service Promoting Agencies to Consumers
- NAMIC Welcomes New Board Members
- Loss Reserves, Risk Transfer, Reg Capital Models Among Topics at CAS Meeting in November
- NAMIC Not Part of Group Submitting Alternate Proposal to NAIC on SOX-Like Internal Control
- Former Marsh CEO Reportedly Building Fund to Invest in Insurers
- National Banks Hail Court Win Vs. Spitzer Affirming Federal Regulation
- HCC Insurance Holdings to Acquire GM’s Life Insurer
- Lincoln National to Buy Jefferson Pilot for $7.5 Billion
- New Report Gives Tips for Railroad Transport Insurers
- NAIC Market Analysts ‘Mars’ Now Available for State Market Analysts
- New Tax Law Eases Loss Limitations for Katrina Victims
- AIG Excess Casualty to Offer Coverage for Risks Insured with Insolvent Carriers
- ACE USA Forms Energy Risk Unit
- All-Terrain Vehicle Deaths, Injuries Reported On The Rise
- Brownyard Ups Limits for Umbrella/Excess Liability Program
- Gen Re Ex-CEO May Face SEC Suit
- Berkley Updates Q3 Losses
- Chubb Estimates Q3 CAT Losses
- SEC Eases Capital Rules for Insurers
- Tillinghast: Hurricane Katrina Will Cost Record-Setting $40-$55B for Privately Insured Losses
- AIG Investment Manager, Two Others Charged in Foreign Bribery Scheme
- Chubb Adds Online Tool for Contractors’ Equipment Risks
- Symposium on the Future of Terrorism Risk Insurance Kicks Off, Oct. 7
- Aon: Private Insurance Market Will Fail Without Some Form of Public Backstop Against CAT Terror Losses
- Aetna Expanding Workers’ Comp Network; Now Covers 17 States
- Record First-Half, Surplus Boost P/C Insurers’ Ability to Pay Hurricane Losses
- Hurricane Katrina Will Not Disrupt Market, Insurers Say
- Health Care Quality Up Among Reporting Plans; Enrollment Continues to Shift Toward Consumer-Driven Plans
- OneBeacon Closes Sale of National Farmers Union to QBE
- Farmers Insurance Reports Katrina Losses Within Yearly Figures
- ISO: Preliminary Insured Losses from Katrina at $34.4 Billion
- Chubb Unveils E&O Policy for Large Financial Institutions
- Liotta Joins Willis Re U.S. Specialty Practice
- Poor Fundamentals in Hurricane Prone States Should Lead to Significant Change, Study Says
- Court: Accountant Responsible for Full $183 Million Judgment From Ambassador Collapse
- AIG Seeks $18 Billion in Stock from Greenberg’s Starr International
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