July 23, 2007
Insurance Journal East Magazine
Insurance Journal East Magazine
2007 Excess, Surplus and Specialty Markets Directory, Vol. II; 2nd Quarter Market Survey
In this Issue
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News CurrentsNews Currents
Drinking buddies not liable as social hosts, Mass. court rules The... -
FeaturesEpoxy cited in fatal Big Dig ceiling failure
Federal investigators said that "epoxy creep" was a major factor in... -
News CurrentsSmaller Mass. agencies could be hurt by surprise move to competitive rating for auto
Massachusetts insurance agents aren't happy about the decision to... -
People & PlacesPeople
The Hartford Financial Services Group Inc. has named Thomas M. Marra... -
FeaturesN.Y. to slash workers’ comp rates 20.5%
Rates for workers' compensation in New York will decline by more than... -
Editor's NoteEditor’s Note: Driver’s seat
The last time — January 1977 — Massachusetts tried to... -
It FiguresFigures
50% The percentage of auto insurance shoppers who also shop for other... -
FeaturesHow to make insuring tough product liability accounts easier
Skis, ladders, pacemakers and nutraceuticals may be different... -
FeaturesN.Y. names med malpractice task force after approving 14% hike
Regulators in New York approved a 14 percent increase in medical... -
FeaturesN.J. agents hope to end auto insurance quote requirement
New Jersey agents no longer want to be required by state law to... -
FeaturesPa. bill limits farm owners’ liability for hunting accidents
A bill limiting Pennsylvania farmers' liability for hunting accidents... -
News BriefsNews Currents
Pa. bad faith claim costs $20 million An insurer has agreed to pay... -
Workers CompWorkers’ comp may not cover employee horseplay
A Delaware oil refinery worker injured in a practical joke by his... -
FeaturesDeclarations
'Unfunded' mandate "Here in New Hampshire, we pride ourselves on... -
Business MovesBusiness Moves
Willis, InsuranceNoodle Willis Group Holdings Limited, the global... -
FeaturesVirginians question bad driving penalties
The Virginia General Assembly may have to address the issue of... -
New MarketsMy New Markets
Vacation Income Property Nuts & Bolts: Middle Oak is offering... -
FeaturesInhalants not included under drunk driving law, N.Y. high court rules
A motorist accused of "huffing" stimulants from an aerosol can before... -
News CurrentsNews Currents
In Vermont, insurer seeks reimbursement for hostage benefits An... -
FeaturesCongress gets serious about surplus lines insurance reform
Legislation passes House, heads for the Senate; but not all in the... -
NewsbriefsTHE NONADMITTED INSURANCE AND REINSURANCE REFORM ACT OF 2007 (HR 1065)
The bill would establish national standards for how states regulate... -
FeaturesReeling in the new recruits
The surplus lines market is not unlike any other segment of the... -
FeaturesControl experience modification factor, before it controls you
Moving employers to take the right steps to reduce experience mod... -
FeaturesPremium Growth: Top 25 P/C premium gainers for first quarter 2007
"Growth is not constant and smooth. ... I ain't what I ought to be.... -
Growing Your Property Casualty AgencyCreatively communicate with your carriers
There is more to good company relations than just putting an... -
Idea ExchangeCommercial lines insurers’ stocks up; M&A activity steady in 2nd quarter
Stock Prices: Commercial insurers' stocks were up an impressive 8... -
CurrentsIndustry supports terror bill but not all agree with NBCR mandate
At a congressional hearing in Washington, D.C. last month, insurance... -
CurrentsFBI data mining targets include insurance fraud suspects
The FBI is gathering and sorting information about Americans to help... -
CurrentsGAO: Identity theft cases limited compared to number of security breaches
While the Government Accountability Office fell short of offering... -
CurrentsP/C industry net income, overall profitability slips
The U.S. property/casualty insurance industry's net income after... -
NewsbriefsU.S. P/C INSURERS PAY $2.1 BILLION IN CAT LOSSES
U.S. property/casualty insurers are expected to pay homeowners and... -
CurrentsBermuda shorted as more U.S. captives form onshore, Aon reports
Bermuda's reign as the undisputed global leader among captive... -
CurrentsSupreme Court raises bar for investors bringing securities fraud suits
The U.S. Supreme Court last month imposed a strict standard that... -
CurrentsTreasury chief Paulson vows review of U.S. financial services regulation
The Bush administration plans to review the U.S. government's... -
FeaturesBuilding the case with customers for excess casualty coverage
Rising tort costs, increasing litigation trends dictate the need for... -
Editor's NoteDriver’s seat
The last time -- January 1977 -- Massachusetts tried to introduce... -
CurrentsN.Y. to slash workers’ comp rates 20.5%
Rates for workers' compensation in New York will decline by more than... -
CurrentsSmaller Mass. agencies could be hurt by surprise move to competitive rating for auto
Massachusetts insurance agents aren't happy about the decision to... -
FeaturesHow to make insuring tough product liability accounts easier
Skis, ladders, pacemakers and nutraceuticals may be different... -
New MarketsMy New Markets
Vacation Income Property Nuts & Bolts: Middle Oak is offering... -
CurrentsDrinking buddies not liable as social hosts, Mass. court rules
The Massachusetts Appeals Court has ruled that friends who meet... -
NewsbriefsINHALANTS NOT INCLUDED UNDER DRUNK DRIVING LAW, N.Y. HIGH COURT RULES
A motorist accused of "huffing" stimulants from an aerosol can before... -
NewsbriefsPA. BILL LIMITS FARM OWNERS’ LIABILITY FOR HUNTING ACCIDENTS
A bill limiting Pennsylvania farmers' liability for hunting accidents... -
NewsbriefsN.Y. names med malpractice task force after approving 14% hike
Regulators in New York approved a 14 percent increase in medical... -
NewsbriefsEPOXY CITED IN FATAL BIG DIG CEILING FAILURE
Federal investigators said that "epoxy creep" was a major factor in... -
NewsbriefsN.J. agents hope to end auto insurance quote requirement
New Jersey agents no longer want to be required by state law to... -
CurrentsIn Vermont, insurer seeks reimbursement for hostage benefits
An insurance company that paid workers' compensation to a Thetford,... -
CurrentsVirginians question bad driving penalties
The Virginia General Assembly may have to address the issue of... -
CurrentsWorkers’ comp may not cover employee horseplay
A Delaware oil refinery worker injured in a practical joke by his... -
Closing QuoteThe Nonadmitted and Reinsurance Reform Act
The right policy at the right time ... After decades of frustration... -
It FiguresIt Figures
50% The percentage of auto insurance shoppers who also shop for other... -
People & PlacesPeople and Places
The Hartford Financial Services Group Inc. has named Thomas M. Marra... -
CurrentsPa. bad faith claim costs $20 million
An insurer has agreed to pay $20 million in what is believed to be... -
CurrentsPassengers have duty to aid crash victims in N.J.
Two passengers who witnessed their intoxicated friend crash his car... -
CurrentsPa. therapist not liable for patient’s car crash
A psychiatrist cannot be sued for a car crash caused by a patient, a... -
CurrentsVa. police turn on the cameras
Virginia State Police are using digital cameras that can scan... -
CurrentsR.I. drivers denied day to prove insurance
Siding with State Police who said it would create an "unnecessary and... -
DeclarationsDeclarations
Unfunded' mandate "Here in New Hampshire, we pride ourselves on being...
National Coverage
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News CurrentsNews Currents
Bermuda shorted as more U.S. captives form onshore, Aon reports... -
FeaturesTreasury chief Paulson vows review of U.S. financial services regulation
The Bush administration plans to review the U.S. government's... -
Carrier WatchCommercial lines insurers’ stocks up; M&A activity steady in 2nd quarter
Stock Prices: Commercial insurers' stocks were up an impressive 8... -
Workers CompControl experience modification factor, before it controls you
One of the most confusing components of an employer's workers'... -
FeaturesFBI data mining targets include insurance fraud suspects
The FBI is gathering and sorting information about Americans to help... -
FeaturesCongress gets serious about surplus lines insurance reform
Insurance regulatory reform efforts on Capitol Hill took a giant leap... -
FeaturesPremium Growth: Top 25 P/C premium gainers for first quarter 2007
I am certain that Erik Erikson, Stella Chess and Jane Whitbread were... -
News CurrentsNews Currents
P/C industry net income, overall profitability slips The U.S.... -
FeaturesIndustry supports terror bill but not all agree with NBCR mandate
At a congressional hearing in Washington, D.C. last month, insurance... -
News CurrentsNews Currents
Supreme Court raises bar for investors bringing securities fraud... -
FeaturesReeling in the new recruits
The surplus lines market is not unlike any other segment of the... -
FeaturesBuilding the case with customers for excess casualty coverage
What should brokers or agents say when they meet resistance from... -
FeaturesGAO: Identity theft cases limited compared to number of security breaches
While the Government Accountability Office fell short of offering...