September 22, 2003
Insurance Journal West Magazine
Insurance Journal West Magazine
Non-Profits/Public Entities
In this Issue
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Editor's NoteIndustry Has Not Forgotten
Now that the two-year anniversary passed us earlier this month, it... -
Features$585 Million Settlement at Hand in Credit Lyonnais/ELIC Fraud Case
Nothing apparently concentrates the corporate mind so effectively as... -
NewsbriefsAMERICAN FAMILY INS. AUTO RATES TO INCREASE IN NEV
Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the... -
NewsbriefsWESTBOURNE INT. OBTAINS INJUNCTION AGAINST ARROWHEAD
California-based Westbourne International obtained an injunction... -
NewsbriefsALLIANCE SAYS CALIF. EMERGENCY REGS ON FRAUD INVESTIGATIONS ARE UNNECESSARY
The California Department of Insurance's proposal to further regulate... -
NewsbriefsMOLD LEGISLATION SLOWS TO A CRAWL IN STATEHOUSES, ALLIANCE SAYS
Despite an initial rush of proposed legislation aimed at dealing with... -
NewsbriefsS&P PUBLISHES ENCOURAGING REPORT ON ASIA-PACIFIC REINSURANCE MARKET
Standard & Poor's has published a report on the Asia-Pacific non-life... -
Fraud RoundupAgent Sentenced for Felony Insurance Fraud
John Vernon Liller, 53, of Carson City, Nev., was sentenced after... -
Fraud RoundupOrange Cty Agents Plead Guilty to Theft, Conspiracy
Two former insurance agents have been sentenced to imprisonment and... -
Fraud RoundupSan Diego Trio Pleads Guilty to WC Scam
Three San Diego residents must pay more than $125,000 in restitution... -
RatingsGE P/C Ratings Raised, Outlook Stable
Standard & Poor's Ratings Services raised its financial strength... -
RatingsR&SA USA Downgraded
S&P and Fitch Ratings both announced that they have downgraded their... -
RatingsTravelers Unchanged
A.M. Best Co. commented that the financial strength ratings of "A++"... -
RatingsMunich Re Downgraded
A.M. Best Co. has downgraded the financial strength ratings to "A+"... -
Cover StoryNon-Profits, Public Entities Battle Market Conditions
As some in the industry see profits and smoother sailing ahead, other... -
FeaturesWorksite: An Opportunity to Boost Revenue, Broaden Portfolio
In the face of rising healthcare costs, agents and brokers who sell... -
FeaturesHomeowners Insurance Expects 8% Jump in 2004
Rapidly rising construction costs, home remodeling and increasingly... -
FeaturesA Hard Market: The Most Opportune Time to Save for a Rainy Day
In a hard market, like the one we're experiencing lately, many of the... -
FeaturesThe Resurrection of Environmental Coverages
As insurers are confronted with increased pressures from claims... -
FeaturesDelayed Do Not Fax Rule May Be Scrapped
Insurance industry trade groups are hopeful that the Federal... -
FeaturesNeed Help Making a Decision on a New System’
Have you been charged with finding a silver bullet that will enable... -
FeaturesWestern Region PLUS Days 2003 Tackles Pressing Issues
Issues ranging from A&E/construction to issues in the medical... -
FeaturesWeiss Ratings: U.S. Insurers’ 9/11 Losses Reach $9.3 Billion
Weiss Ratings Inc. of Palm Beach Gardens, Fla., reported that U.S.... -
FeaturesCIGA Looks to Bond Sound Future
Thanks to the legislature, the California Insurance Guarantee... -
Parting ShotsStates Fight Back as Federal Takeover of State Regulation Threatens
When I first became an insurance regulator in 1999, I was alarmed by...