National News for June 2004
- Best Downgrades Gulf Group Ratings
- Zurich Voted ‘Best Private Insurer’ by Readers of Trade Finance for Third Straight Year
- PIA National Calls for 2004 Award Nominations
- Best Affirms Markel’s Strength and Debt Ratings
- PCI Launches Public Campaign For TRIA Extension
- IADA Holds 39th Annual Conference
- NFIP Launches National Campaign for Agents, Consumers on Flooding Risks, Insurance Benefits
- IIABA Honors Virginia’s Adkins with National ACSR of the Year Award
- Best Downgrades Ratings for Atlantic Mutual Cos.
- Anti-Fax Law Exemption Bill Passes House Committee
- Best Assigns Mitsui Sumitomo U.S. ‘A+’ Rating
- P/C Industry’s Q1 Net Income Doubles
- Crum & Forster Announces Management Changes
- ACE USA Appoints Ratzker ARM VP-Strategic Planning
- AIR Unveils CLASIC/2 System
- Experts Warn of Emerging Trend in ERISA Class-Action Lawsuits at PLUS Symposium
- XL Launches Commercial Property Insurance Initiative
- Conning Study Finds P/C Expense Revolution Overdue
- PLUS: More Cooperation, Knowing Labor Laws and Better Underwriting Measures Needed to Stop Lawsuits
- NAIC Resolution Asks for TRIA Extension
- PCI Supports Regulators’ Decision to Further Address Sarbanes-Oxley Concerns
- ACE USA Selected as RV Insurance Provider
- AAIS Prepares to File New Terrorism Endorsements
- HSC: Home Injuries Cost U.S. Employers $38 Billion Annually
- Crum & Forster Notes Management Changes
- ASCnet’s 19th Annual ‘TENCon’ Set for Oct. 5-9
- Lloyd’s Investigates Bogus Umbrella Trucking Policies
- Insurers Mount Legal Challenge to Multi-state Credit Scoring Study; Ask States to Withdraw Data Call
- Insurer Groups Laud Congressional Effort to Extend TRIA
- Aon’s Scarborough Partners with CNA to Offer P/C Coverage to Financial Institutions
- NAMIC Renews Call to Eliminate Regulation By Litigation
- Best: Q1 P/C Results Build on 2003 Profit Surge
- Applied Underwriters Appoints Ferenc as Chairman; Menzies as President
- High Court Says ERISA Preempts State Lawsuits
- Association Awards Golden Torch to IJ’s Publisher
- S&P: Reinsurance Backing Increasingly Flimsy, Conference Panelists Say
- PIA Urges House to Renew National Flood Program
- Aon Study Finds 2003 P/C Earnings Volatility Lower
- PCI, AIA Laud Treasury Extension of TRIA Availability; Urge Further Action to Extend Statute
- Agent Groups Commend Final Vote to Reauthorize National Flood Program
- Treasury Dept. Extends ‘Make Available’ Provisions of TRIA
- Panelists Say U.S Reinsurers Must Resist Temptation
- Government to Pay Out Millions for WC Claims in Iraq
- Fitch Affirms Infinity P/C’s Ratings
- Best Affirms Liberty Mutual’s Ratings; Ups Outlook
- NAMIC Urges Regulators to Reform Personal Lines
- S&P Conference Survey Predicts More Mergers; Confidence in Pres. Bush; Increased Price Competition
- nuServe Partners with ACORD
- S&P Publishes P/C Insurer Report Card
- ACE Introduces Weather Coverage for Events
- Best Affirms Employers Re, Westport ‘A’ Ratings; Lowers Medical Protective; Revises Outlook to Stable
- Triad Guaranty Comments on S&P ‘AA’ Rating
- 2005 Ford Escape Fails to Earn Highest Crash Test Rating from IIHS
- Best Affirms General Re Group Ratings of ‘A++’
- Senate Votes to Renew National Flood Insurance Program
- AmWINS Appoints Vaccaro as Specialty Underwriting Division President
- Crop Insurers Sue USDA Over Subsidy Amount
- McGinnis Named VP American Re Broker Market Finite Risk Department
- Allenbrook, QAS Announce Partnership for Insurance Carrier Address Verification
- NAIC Regulatory Modernization Roadmap “Not a Detailed Blueprint,” Says AIA
- NAIC Refers Market Conduct Model Back to NCOIL
- Rockwood Launches New Disability Income Product
- SERFF Use in 2004 Outpacing 2003 by Nearly 200%
- NIPR Reduces Cost by an Average of 15%
- Aetna, Cigna and MetLife Face Commission Probe
- Atlantic Mutual Announces Management Changes
- Best Affirms GEICO’s ‘A++’ Rating
- AIA Urges NAIC to Make No Substantive Changes to NCOIL Model Market Conduct Law
- NAMIC Notes ALEC Adopts Model Legislation
- Arbitration Forums: Self-Insureds’ Use of Arbitration Growing, More Taking Advantage of Special Benefits
- The Intersection of Privacy Legislation and Insurance Related Litigation
- Industry Coalition Praises Regulators’ Resolution to Support Terrorism Act Extension
- S&P Reports on P/C Commercial Lines Insurers; Raises Outlook to Stable
- S&P Affirms-W/draws Old Republic Mercantile Rating
- ACE Select Markets Gives “Top Ten” Disaster Protection Tips for Homeowners
- A.M. Best Affirms Assurant Subsidiaries’ Ratings
- S&P Report Highlights Threat of Silica Claims
- Condo Associations Join Call for TRIA Renewal
- PIA Appoints Kovac as Compliance Affairs Director
- NAMIC Says Existing Solvency Laws Provide More Protection Than SOX-based Proposal
- PCI Calls Safety Rule Enforcement Most Important Concern after NAFTA Trucking Decision
- Riskclick Names DeSocio CEO
- The Hartford Tops Field for ACORD P/C Awards
- EQECAT Releases High Resolution Tornado/Hail Catastrophe Model; Cites Potential $11 Billion Loss
- MarketScout: Robust Competition Across the Board with Reductions in Premiums, Brokers Compensation
- Zurich North America Commercial Names Lehmann CEO
- USAA Announces Average 7% Auto Rate Reduction
- PIA Urges Congress to Renew NFIP
- Survey: Lack of Terror Coverage Would Hurt Commercial Mortgage Market
- Fireman’s Fund Names Bhojwani President of Commercial Business Segment
- ISO’s Coyne: Survival May Be Greatest Challenge for Many P/C Insurers
- Program Business Leaders Receive Targeted Advice
- A.M. Best Affirms Dorinco Re; Outlook Stable
- Associations Grant Mutual Waivers in CPCU, WCP Designation Programs
- S&P Affirms ACE Ltd. ‘BBB+’ Ratings
- PIA Notes Strong State Response to Call to Protect Coverage of Returning Soldiers
- Federal Flood Organization Notes Efforts of The Hartford in Helping Program to Grow
- Supreme Court Ruling Paves the Way for NAFTA
- IMSA Stakes Role as Market Conduct Model
- SRA Negotiations in ‘Final Stages’
- Managing Patient Expectations Key to Reducing Malpractice Risk
- ACE USA Names Guitian VP Mktg. Accident & Health
- Unitrin, CSC Conclude Outsourcing Contract
- Best Rates ACE INA Debt ‘bbb+’; Moody’s ‘A3’
- AIG Technologies Releases Of WINS-R- Digital 2.0
- Hull & Co. Goes Paperless
- PIA National Launches New Web Site
- R2K Announces Insurance Processing Outsourcing
- ACE INA to Issue $500 Million Senior Notes; Fitch Assigns ‘A-‘ Rating
- PIA, GE AWS Marketing Partnership Pact for Agents
- The Hartford Enhances Legal Liability Coverage for Motor Truck Cargo
- InVEST Awards $30,000 in Scholarships
- Report: 1995 Saturn SL Tops Most Stolen Vehicle List
- New Program for Specialty Trade Contractors Launched
- Report: EPL Jury Awards Up 18%
- Allmerica Expects $13 Million Loss from Storms
- AMS Says Real-Time Comparative Rater is Only Months Away
- Bristol West Appoints Eisenacher as CFO
- Survey: Majority of U.S. Institutional Investors Support Further Corporate Governance Reforms
- I.I.I. Responds to Report by National Academy of Sciences Regarding Toxic Mold
- The Hartford Adds New Homeowners Coverage to Complement Dimensions Auto Plan
- Report: Midyear Outlook Stable for U.S. Health Insurers
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