National News for August 2004
- Weiss Ratings Names Fador CEO
- The Hartford Estimates $140M in Charley Losses
- Eastbridge Report Redefines Benefits Business
- Weiss: P/C Insurers Report First Underwriting Profit Since 1997
- Hearings on Motor Carrier Safety Scheduled
- Tropical Storm Hermine Heads for Northeastern U.S.
- PCI to Hold Inaugural Annual Meeting in October
- CitiGroup, Wells Fargo and BB&T Lead Bank Holding Cos. in Insurance Brokerage Fee Income
- NAMIC Names Anderson as SVP of Member Services
- Guaranty Fund Reforms Passed in Legislative Sessions
- Web Site Advises Homeowners on Oil Tank Safety
- Hudson Insurance Group’s Environmental Program Expands to 46 States, D.C.
- SEER Insurance Inspections Appoints Wilson
- PIA Encouraged, But Will Not Endorse SMART Bill
- NAMIC to Hold 109th Annual Convention
- S&P Revises Clarendon Outlook to Stable
- Crump Insurance Services Names Hargrove COO
- PCI Plans High Profile Presence at Republican National Convention
- St. Paul Travelers Hit With Class Action Suit Over $1.6 Billion Reserve Charge
- CNA’s Revised D&O Product Includes Personal Asset Coverage
- NIF Launches Series of Financial Weather Products
- Chubb Estimates Pre-Tax Losses from Hurricane Charley at $35 to $40 Million; Contributes to Relief Efforts
- AMS Holding Group Announces New Corporate Name
- PCI Comments on Federal Regulatory Reform Proposal
- ACE USA Forms ACEONLINE; Benson Named President
- Starr Foundation to Donate $1 Million to Hurricane Charley Relief Efforts
- TV’s ‘Apprentice’ Now Life Insurance Star
- AIG Offers Corporate Flight Workers’ Comp Coverage
- Federal Oxley-Baker Bill Would Require Competitive Rating and Uniform Regulation by States
- City of Hope, California Insurance Council Honors Scottsdale Insurance President Williamson
- Workers’ Comp Payments Grew Faster Than Wages for the Second Year in a Row, Study Says
- Venture Programs Adds New Restaurant Package
- National Union Fire Introduces New Professional Liability Policy for Consultants
- Nationwide Estimates $400 M in Losses from Charley
- Hurricane Insurance Information Center Opens in Florida
- Panel Takes Fresh Look at Terrorism
- Best Assigns ‘bbb’ Debt Ratings to Markel Notes
- IAB Issues Research Findings on “How Insurers Can Recapture the Mass Market Profitably”
- Berkley to Offer $150 Million in Senior Notes; S&P Rates Issue ‘BBB’
- AIG Estimates Charley Losses at $80 to $100 Million
- Judge Dismisses Suit Against OxyContin Maker
- NAMIC Strongly Opposes IASB Merger Proposals for Mutual Companies
- NAMIC Reviews State Efforts on Legal Reforms
- J.D. Power Study: Satisfaction High for Auto Insurance Consumers Using the Internet
- A.M. Best Announces Update of Rating Methodology: Rating Members of Insurance Groups
- U.S. Bankruptcy Court Approves $500 Million St Paul Travelers Asbestos-Related Settlement
- Aspen Specialty to Open Ga., Ariz. Offices
- I.I.I. Estimates Insurers Will Pay $7.4 Billion for Charley
- INAMAR Launches Personal Watercraft Program
- Csiszar Named President of PCI; Resigns as S.C. Insurance Regulator, President of NAIC
- NSU Chooses Miller to Lead Healthcare Division
- Lee, Moon Capture IIAJC Titles
- The Hartford Recognizes Top Agencies
- Insurers Say Charley Not as Devastating as Andrew
- ACE Forms Financial Services Industry Practice
- Fitch Sees Improving Workers’ Comp Market, But Warns Earnings May Be at Cyclical Peak
- W. R. Berkley Forms Entertainment/Sports Division
- RMS Revises Hurricane Charley’s Insured Loss Estimate to Around $5 Billion
- Charley Represents Material Loss, Fitch Says
- Best: Majority of Insurers Will Meet Charley Commitments; Industry Not to Be Significantly Weakened
- Insurers Say Andrew Prepared Them for Charley
- ACE USA Offers Evacuation Coverage
- While Others Flee Dangerous Charley, Crews from MacDill Air Force Base Head Directly for the Storm
- Storm Bonnie Spawns Tornadoes from Fla. to Va.
- RMS: Hurricane Charley Insured Losses Could Top $15 Billion as Storm Moves
- PCI Rebuts Wall Street Journal TRIA Article
- GreenWood International Promotes Pair
- RMS: Direct Charley Hit Losses Could Top $10 Billion
- PCI Supports NAIC Drafting Note Change; Criminal Background Check Model Should Be Delayed
- St. Paul Travelers Forms Entertainment Unit
- DOT Reports Low Highway Fatality Rate for 2003
- Summer in the City: Unconventional Insurance and Olympian Security in Age of Terrorism Risk
- Prime Offers Insurance Coverage for Contractors
- Group for Black Insurance Pros to Convene in Chicago
- Visitors to U.S. Offered Health Coverage
- Liberty Mutual/SADD Teen Driving Study Reports Kids Follow Lead of Parents
- IBM Presents Tech Lecture at Annual Meeting
- Farmers Insurance Cautions Vehicle Owners on Windshield Replacement Scams
- DRI Calls on Congress for 2-Year Extension of TRIA
- Judge Rules OSHA Must Disclose Safety Violators
- AIR Releases 2004 U.S. Storm, Terrorism Models
- SUV Group Credits NHTSA System Improvements
- American Re Unveils Q2 Report
- NAIC Agrees to Changes in Public Adjuster Licensing Model Act
- OSHA Urges Federal Employees to Buckle Up
- The Hartford Reports Q2 Net Income of $433 Million
- Multi-State Study of Credit Scoring Called Off
- Survey: No Relief from Litigation for Big Firms
- Aetna Launches Specialty Pharmacy
- The Expanding Ability of an Insurer to Recoup Costs Expended for Uncovered Claims
- Insurance Provider Finds Patent Risks in Linux
- CNA Surety Posts 2Q Results
- Amid Heightened Security, Financial Firms Including Citigroup, AIG, MetLife and Pru Tend to Business
- Defense Counsel Elect Lawler as President
- Allstate Workplace Division Unveils New Worksite Application for Independent Agents
- Quality Customer Service Vital for Satisfaction, Progressive’s Survey Says
- CPCU Annual Conference Set for October
- Three Unitrin Companies Join Trusted Choice
- St. Paul Travelers Reports Q2 Loss Following SEC Guidance on Loss Reserves
- Penn National Joins PCI
- U.S. Places Financial Centers in N.Y., N.J. and D.C. on High Terror Alert
- NAMIC Issues P/C Legislative Analysis
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