National News for January 2005
- Marsh Reaches $850M Deal With N.Y. AG Spitzer and Insurance Department
- MetLife to Acquire Travelers Life for $11.5 Billion; Firms Also Plan Distribution Partnership
- Crouse and Associates Chooses Custom Insurance Solutions as Management System Provider
- Spitzer: All Marsh Funds to Go to Insureds; Not All Insurance People or Contingencies are ‘Bad’
- Fitch Affirms Rating for St. Paul Travelers Ratings After Asbestos Charge; Outlook is Stable
- Deaths, Injuries Linked to ATVs on the Rise
- Fire Service Leaders Claim National Fire Academy in Fight to Survive as Funds Go to Law Enforcement
- AIMS Society’s 18th Annual Retreat Still Open
- NAIC Launches Online Insurance Fraud Reporting
- The Hartford Sees 37% Gain in Q4 Net Income to $620M
- Lighthouse Offers New Healthcare Administrators Professional Liability Policy
- Insurers Call for Approval of Class Action Legislation
- Consumer Group Hits Payment of Contingent Commissions in Personal Insurance as Harmful to Buyers
- MMC Announces Organization Changes at Mercer
- Insurers Blast Consumer Report On Contingent Fees
- Big ‘I’ Denounces Consumer Group Commission Study
- Calif. Commissioner Helps Issue $3 Million to Charity; Funds Initiate $20 Million Claim Settlement
- AIA Fights for Passage of Strong Class Action Reform Bill Introduced by Senate Republicans
- Halliburton Finalizes Funding for Asbestos, Silica Settlement; Collection Surpasses $1 Billion in Insurance
- Farmers Survey: Red Light Running Among Top Causes of Crashes; Men More than Women Feel Need to Run
- Fitch Affirms Ratings for GE Insurance
- Study: Injury Claims are Common Despite Lower Auto Accident Rates, Fewer Serious Injuries
- Heath Turns the Corner as Colemont Insurance Brokers
- Broker Survey Shows 4Q Premiums Drop
- Insurance Journal to Publish Top E&S Broker List
- Coalition Names Top 10 Insurance Swindlers of 2004
- Best Affirms National Indemnity ‘A++’ Rating
- Arthur J. Gallagher Forms Gallagher RE
- ACE USA’s Environmental Coverage Logs Online; New Site Provides Product, Claims Reporting Information
- Agents Continue to Oppose Broker Disclosure Model
- Happy with Your Boss’ New Survey Reports Contempt for Managers Across the Board
- PCI Has “Significant Doubts” Concerning NAIC’s Agent Disclosure Proposals
- The Hartford Introduces Universal Excess Policy
- NHTSA Imposes Civil Penalties for Violations
- Insurers Regulator’s Broker Dealer Model Laudable But Still Too Broad
- Record Cats But Market Discipline Waning Report Says
- The Hartford Adds Bauer, Campbell, Perry to Golf Roster
- Study: Consumers Could be Hurt by Federal Regulation of Industry
- Big ‘I’ Study Shows Growth in Premium, Market Share
- PCI Restructuring Staff One Year Later
- Tillinghast Tort System Cost Study Under Fire
- Study: P/C Execs Find It Difficult to Determine Priorities
- CPCU Society Redesigns Web site
- Canter Named President of ACE Principal Finance
- National Agent Legislative Conference Set for April
- Employers Must Post Injuries Starting Feb. 1
- LSRAngel Partners with Quanta to Offer EPLI, D&O for Small to Medium-Sized Companies
- Hull & Co. On Board as Sponsor of Insurance Journal’s Online Seminar Series
- Patkus Resigns as President/COO of Harleysville; Moves to The Hanover as Regional VP
- Spitzer: $750 Million, Apology Will Settle Marsh Lawsuit
- 21 States with Primary Seat Belts Laws Saving Lives, Says Insurance Highway Safety Institute
- Survey: Investigations into Industry Practices to Expand in 2005; Respondents Expect Consolidation to Continue
- Jenkins Joins PIA as VP of Business Development
- PCS to Provide CAT Designations, Loss Estimates for Terrorist Acts and Outsized Workers’ Comp Events
- 2004 Will be Remembered as Beginning of Soft Market
- Cunningham Lindsey U.S. Adds Account Execs.
- Warning: Drowsy Docs Danger During Driving
- Lloyd’s Chairman Warns Insurers 2005 Will Be Critical For Rebuilding Industry’s Reputation
- Willis Group Releases Annual Forecast of Marketplace
- Markel Announces Management Changes
- Conning Study: Commercial Automobile Market Marks First Underwriting Profit in 16 Years
- U.S. Tort Costs Rise in 2003, but at More Moderate Pace Than in Prior Years, According to Tillinghast Study
- Aon Study: Board of Directors Pay Up 23% in 2003-04
- Banking Chief Urges New Approach to Consumer Disclosure on Financial Products
- CDS Business Mapping Adds District, States to Report
- AVRECO Serves as Sponsor for Insurance Journal Online Seminar; First in Series Set for Jan. 20
- Agent Association Partners to Offer Online Education
- Insurers Committed to Real Asbestos Reform
- Chubb: Medical Emergencies Top Fear for Travelers
- Agents, Insurers Claim Proposed Asbestos Legislation Falls Short of Solving the Problem
- Guy Carpenter & Co. Report Finds U.S. Reinsurance Market Flat, Slightly Down
- Western Security Surplus to Sponsor Los Angeles, Dallas Regions for Initial Insurance Journal Online Seminar
- Weiss: Insurance Company Failures Decline 48% in 2004
- Francis Promoted to President at Trumbull Services
- Impact of Conn. Franchise Ruling May Not Be as Big on Insurance Agents as Claimed
- Insurers Pleased Bush Will Target Asbestos Litigation Reform in Second Term
- Conference Attendees Get Lots of Information, PLUS Much More at Annual Gathering
- NAMIC Supports President’s Commitment to Tort Reform
- American Association of Insurance Services Names Key Speakers for Annual Conference, April 10-12
- Marsh Names Gilbert as Chief Compliance Officer
- General Re Receives Subpoena from N.Y. AG
- Shakeup in ACE U.S.A. Management – Rivera Resigns; Dowd New CEO; Lupica, Crosby Named to Key Posts
- PIA National Will Oppose Broker Compensation Disclosure Model As Passed
- Marsh Senior Executive Pleads Guilty In Ongoing Spitzer Probe; Complaint Explains Bid Rigging Process
- ePolicy Solutions, TM Floyd & Co. Note Marketing Deal
- How Many Times Does the Insurer Pay – Multiple Occurrences’
- Trade Group Joins Council to Coordinate Financial Services’ Business Continuity Efforts
- AIG Raises Cash Dividend by 66.7%
- Insurers Appear Disciplined but Open to New Program Business
- Sills at Target Markets: Success Lies in ‘Loose Bricks,’ Treating People Right
- Safety National Casualty Suspends 2 Employees Following Internal Probe of Dealings with Marsh
- Study Finds Class Action Securities Fraud Lawsuits Take a 17% Jump in 2004
- Leading Insurance Educator Named to Advisory Board of LMC Capital
- Conning Says P/C Reserve Position Grows in 2003
- IJ Online ‘How to Write’ Educational Seminars Kicks Off Jan. 20; Nearly 700 Participants Registered
- NASDAQ Notes New Ownership Structure for Agency
- ACT Reports on How to Boost Sales
- Car Buyers Get No-Charge Insurance in Volkswagen-Nationwide Pilot Program Based on Car Model Risk
- Former Presidents Bush, Clinton Tapped to Help in Securing Tsunami Disaster Relief
- Big ‘I’ Unveils Legislative Agenda for 2005
National News Archives