September 24, 2001
Insurance Journal West Magazine
Insurance Journal West Magazine
2001 Program Directory, Vol. I
In this Issue
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Cover StoryTrue Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured
"The World Trade Center is a living symbol of man's dedication to... -
FeaturesTrade Center Attack, Acquisitions, Economy to Test AIG
The events of Sept. 11 shook the foundations of the entire American... -
FeaturesFrontier Pacific Conserved Due to Findings of Insolvency
The struggles continue for Frontier Insurance Company Inc., which... -
FeaturesBreaking Down Walls: Insurance Women Ascend to High-Profile Positions
Three women with varied backgrounds have made their mark in the... -
FeaturesSept. 11, 2001: Terrorist Attacks Strike America
Terrorists crashed two hijacked planes into the World Trade Center... -
FeaturesInsurance Industry Grieves For Its Own
While the destroyed Twin Towers of the World Trade Center in New York... -
FeaturesInsurance Stocks Suffer Following Disaster
The disasters had an immediate and devastating effect on... -
FeaturesInternational Commentary: A Stunned World Reacts to Terrorist Attacks
No words will ever be able to fully convey the shock and the stunned... -
FeaturesHow To Help: Who’s Doing What in the Insurance Industry
America has witnessed an outpouring of emotion and a desire to help... -
FeaturesUnique Coverages: A Hard Market Look at How Programs Are Meeting Needs of Challenging Risks
Underwriting tough risks can be particularly troublesome in a... -
Features‘Money Laundering’ Through Insurers on the Increase
The conversion of illegal funds into legitimate accounts and... -
Editor's NoteThe Strength to Rise
They say we do not know what we have until it's gone. As Americans,... -
Parting ShotsThe Role of Reinsurance in the World TradeCenter Attacks
The business of reinsurance is a comparatively small but integral... -
NewsbriefsSEVERAL CONVENTIONS CANCELLED
In the face of the tragedies which occurred on Sept. 11, several... -
NewsbriefsGOV. SIGNS CIGA BILL
California Governor Gray Davis signed legislation to raise the... -
NewsbriefsNAAA DENOUNCES CREDIT SCORING
The National Auto Agents Alliance recently issued a statement that... -
NewsbriefsSAFECO TO BUY ACE USA DIVISION
SAFECO Corp. and ACE USA announced an agreement for SAFECO Select... -
NewsbriefsCALIF. PRIVACY BILL DEFEATED
Following a late night debate, the California State Assembly voted to... -
NewsbriefsONLINE MARKETS CHASE SMALL BIZ
According to a new report, online insurance marketplaces are now... -
NewsbriefsFRAUD LURES 10% OF CONSUMERS
Progressive Insurance recently conducted a telephone survey on more... -
NewsbriefsPENN TREATY SUSPENDED IN AZ
Arizona Insurance Director Charles Cohen suspended the license of... -
RatingsMembers of Premier Ins. Group on CreditWatch Neg
Standard & Poor's (S&P) placed its "A+" counterparty credit and... -
RatingsStockton Reinsurance Ltd. Downgraded
A.M. Best Co. downgraded the financial strength rating (FSR) of... -
RatingsWestern Mutual Insurance Co. Gets Upgrade
A.M. Best Co. upgraded the FSR of Western Mutual Insurance Co. from... -
RatingsConseco Inc.’s Notes Issued ‘BB-‘
S&P assigned its "BB-" senior unsecured debt rating to Conseco Inc's... -
RatingsNRMA Given Rating
S&P assigned its "AA+" long-term rating to the guaranteed and... -
RatingsFitch Rates XL’s Convertible Debentures
Fitch has assigned an "A+" rating to XL Capital Ltd.'s (XL) offering... -
RatingsTrenwick Group Under Review
A.M. Best Co. has placed the FSR of "A" for the Trenwick Group,... -
RatingsAssociated Physicians Ins. Co. Gets ‘R’
S&P assigned its "R" FSR to Associated Physicians Insurance Co.... -
RatingsLehman Re Awarded Superior Mark
A.M. Best Co. assigned an "A+" FSR to Lehman Re Limited, Hamilton,... -
Fraud RoundupA Day Late, A Dollar Short
Michael Aguilar, 33, of Huntington Beach, was arrested at the... -
Fraud RoundupIncorrect Procedure’
Charles Allen Shivers, 46, a California Department of Corrections... -
Fraud RoundupSideswipe Tales Don’t Blindside Insurer
Three Modesto residents, Johnny B. Slefo, 42; Wylet G. Slefo, 42; and... -
Fraud RoundupAgent Racks Up 13 Felony Charges
Following a joint investigation by the CDI Criminal Investigations... -
Fraud RoundupWith a Little Help from Her Friends
Arrest warrants were served on five local Fresno residents last week,... -
FeaturesOneBeacon Transfers P&C Business to Liberty Mutual
The next challenge is to educate independent agents in those...