National News
News for May 2003
May 30, 2003
May 29, 2003
- Industry Professionals Affirm RIMS Benchmark Survey Results
- Court Approves $470M Settlement in Aetna Case for Alleged Abusive Practices
May 28, 2003
May 27, 2003
- A.M. Best Positive on Aetna's Litigation Settlement and Other Key Developments
- Fitch Affirms Hartford Financial's Ratings
- History of U.S. Commercial Insurance Authored by Former Industry CEO
May 23, 2003
- The Hartford's BMG Agency Survey Finds Employee Shortage Driving Compensation, Education
- AAI Commends Sen. Hatch for Introduction of Asbestos Reform Bill
- S&P's Takes No Rating Action Following Aetna Agreement
May 22, 2003
- Price, Increased Self-Insured Retentions and Coverage, Top Challenges Facing Public Risk Managers
- Travelers Property Casualty Corp. Notes Q2 Catastrophe Losses
- A.M. Best Downgrades AMERCO Subsidiaries
- ADA, Member Dentists Sue Health Insurers
- AAI Applauds House Judiciary Comm. Approval of 'Class Action Fairness Act'
May 21, 2003
- Attorneys, Legal System Responsible for Surging Med-Mal Rates, According to Weiss Survey of Consumers
- Senate to Review Asbestos Legislation
- Bluebook Int'l and Basis100 Announce InsureBASE(TM)
May 20, 2003
- Best Releases D&O Market: A Crisis in Remediation Report
- Insurance Losses From Tornadoes Could Be Most Costly Event Ever, Says I.I.I.
- The Hartford Announces Pricing of Capital Offerings
- New Swiss Re Pub. Describes Terrorism Risks and Insurability Post 9/11
May 19, 2003
Who will Survive' Understanding and Mitigating Computer Data- Panelists Say Greater Risk Control Measures, Tort Reform Will Improve Hospital Professional Liability Market
- Exigen Group Unveils Insurance Process Backbone
- Thomco Selects, Implements INSTEC Policy Rating, Administration System
- ISO SAYS INSURERS WILL PAY $1.2B IN STORM CLAIMS IN 10 STATES
May 16, 2003
- Workers' Comp Market Analysis Shows Remarkable Improvement for Combined Ratio; Fall in Investment Income
- The Hartford Sells its P/C Reinsurance Business to Endurance Specialty
- Adjuster Overtime Compensation Causes Consternation for Insurers
- AAI Lauds House Chairman's Action on Class Action Fairness
May 15, 2003
- Alliance Praises NAIC Adoption of Strong Asbestos Resolution
- RenaissanceRe's Glencoe Group of Companies Rated 'A' (Excellent) by A.M. Best
May 14, 2003
- The Hartford Reports Q1 Net Loss of $1.4B
- Worsening of Med-Mal Market Expected to Continue; Rate Increases Likely
- Alliance Responds to IIABA Survey on Homeowners Market
- S&P's Withdraws Markel Corp. Units Ratings
May 13, 2003
- Navigators Group Reports 40 Percent Jump in Income
- IIABA Survey Reports Nearly 2.5 Million Households Lost Homeowners Coverage Past Two Years
- S&P's Hosts 18th Annual Conference June 1-3
May 12, 2003
- Fitch Sees P/C Insurers' Underwriting Results Improving in '03
- S&P's Puts Hartford Financial Services Rtgs. on WatchNeg
May 9, 2003
May 8, 2003
May 7, 2003
- Warrantech Reaches Agreement on $20M Litigation with ACE P&C Co.
- Disaster Kleenup International Forms New Parent Company
May 6, 2003
- ACE Casualty Risk Launches ACE Complete for Web-Based Workers' Comp
- The Hartford Study Says Majority of Small, Midsize Businesses Worried About Computer-Related Exposures
May 5, 2003
- Brief Filed for Sex Harassment Class Action Against Aon Subsidiary
- Farmers Responding to Deadly Tornadoes
- FM Global's A+ 'Superior' Rating Affirmed by A.M. Best
- A.M. BEST REPORTS: P/C PREMIUM GROWTH SOLID
- Teradata Program Enabling Companies to Cut Hidden IT Costs
May 2, 2003
May 1, 2003