National News for June 2003
- Lumbermens Commutes Two Berkshire Hathaway Reinsurance Agreements, Regains Access to $1.6 Billion
- NAII Applauds House for Introducing Legislation to Preserve National Credit Reporting System
- Travelers P/C Appoints Bloom CIO
- The Hartford Notes Quote-to-Issue Bridge with Fiserv FSC
- A.M. Best Affirms Rating of ING Canada
- NAAIA Expects 300 at Las Vegas Summit
- Fla. Special Session Expires With Impasse on Medical Liability
- S&P Lowers Atlantic Mutual Ratings to ‘BBB’
- The Hartford Names Johnston Chief Actuary for P/C Operations
- General Star to Write Realtors and Accountants E&O Coverage
- NCOIL to Develop Market Conduct Model Law; Seeks NAIC Input; NAMIC Comments
- NAII Calls Recently Ended N.Y. Legislative Session ‘Disappointing’
- Swiss Re Economists Say U.S. Economy Entering Slow Patch, Industry Looking At Prolonged Hard Market
- Maine Adjourns; Legislature Addresses Scoring, Privacy and Workers’ Comp
- AIA In Support of Mandatory Arbitration to Hold Down Litigation Costs
- Researchers Study 2.7M Auto Records; Reportedly Find Irrefutable Connection Between Credit History and Risk of Loss
- Is the Market Really Turning’
- W.F. Clayton Licenses FormsPlus XP
- NAIC Urges State Regulators to Streamline Signature Requirements in Uniform Licensing Act
- A.M. Best Says P/C Industry’s Combined Ratio Under 100 Despite High Cat Losses, Reserve Development
- P/C Q1 Net Income Up 20.6 Percent, Driven by Underwriting Results and Investment Gains
- Q1 Numbers an Improvement, But Concerns Stand on the Horizon
- Holyoke’s Departure Another Blow to Mass. Auto Market Says NAII
- Markel Corp. Expands Product Offerings
- IIABA Applauds Apparent Demise of Crop PDP Pilot Program
- S&P Affirms State Farm Group Members Rtgs; Outlook Stable
- InVEST Silent Auction to Fund Student Scholarships
- S&P Report Finds French Market is ‘Stable’
- Marketing Promotions Offered to Create High Impact for Special Events
- N.H. Governor Vetoes Surplus Lines Tax Increase
- International Marine Insurance Services, Markel American Partner a Program for World Cruisers
- Insurers Ask NAIC to Nix Plans to Extend Pilot Project
- A.M. Best Affirms FSR of St. Paul
- AAI Lauds U.S. House Passage of “Class Action Fairness Act”
- Ohio Senate Passes Tort, Asbestos Reforms
- Conning Says Automating Commercial Underwriting Not Automatically Profitable
- Nolan Study Says Executives Counting on Technology But Wary of Results
- AAI Praising Pa. House Passage of Sweeping Tort Reform Measure
- NICB Says Port, Border Areas Special Targets for Vehicle Theft
- Travelers Bond Enhances Executive Liability Package Policy
- NAIER Announces CSR Award Winners
- Study: Commercial Insurance Reserves Deficient by $13-$20 Billion
- Associations Tell NAIC Not to Reduce Collateral, Requirements for Alien Reinsurers
- N.J. Gov. McGreevey Signs Auto Reform Bill; AAI Optimistic Further Changes Can Be Accomplished
- NITF Takes on Pair of New Members
- State National Specialty Gains Authorization in 41 States
- NIP Forms Group Self-Insurance Management Division, Appoints Pair of Senior Executives
- PIAA Says Weiss Study on Tort Reform and Medical Liability Premiums is Flawed
- AAI Urges NCOIL to Take Initiative in the State Capitols on Market Conduct Reform
- ICICI Infotech’s PREMIA Launched
- A.M. Best Places Ratings of Atlantic Mutual Companies Under Review with Negative Implications
- AIA Says Fair Credit Act Renewal Will Keep Regulatory Balance
- Hartford Survey Says With More at Stake, Small Businesses are Least Ready for Natural Disaster
- Aon Corp. Expands, Renames Collector Car Program
- NAII Urges Reauthorization of FCRA Preemptions
- NAII Encouraged, Concerned by NCOIL Regulatory Modernization Report
- Aon CEO Says Rates Will Grow Slowly Until Early 2004
- Majority of U.S. Insurers Reportedly Feel IT to Become More Important
- InVEST Awards $40,000 in Scholarships
- S&P Revises Navigators Outlook to Stable
- Reform Legislation Approved by Texas Legislature
- Conning Research Says P/C Outlook Not as Bright as Rising Premium Rates Suggest
- S&P’s Revises GE P/C Companies Outlook to Negative; Ratings Affirmed
- Weiss Study Says Med-Mal Caps Fail to Prevent Premium Increases
- Afni Services Delivers 24/7 Service to DORIS Customers
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