Insurance News from March 12, 2003
News
AAI Notes Congress Needs to Act in Wake of Supreme Court Decision
Reacting to the U.S. Supreme Court's decision in Norfolk & Western Railway Co. v. Ayers...
International News
Swiss Re sigma Reports High Flood Loss Burden for Insurers in 2002
Natural catastrophes and man-made disasters cost non-life insurers $13.5 billion in...
East News
N.J. Bill Reportedly Would Permit Punitive Damages
In spite of a conditional gubernatorial veto requesting removal of certain labor...
West News
AAI Continues to Fight Efforts to Ban Confidential Settlement Agreements
A bill introduced in the California Senate is the latest in a series of reported...
Southeast News
NAIC Accounting Group Tentatively Adopts Interpretation for Treatment of Fla. Hurricane Fund Assessments
A proposal accepted unanimously by the NAIC's Emerging Accounting Issues Working Group...
Texas / South Central News
Chubb Facing Asbestos Exposure Complaints in Texas
The Dow Jones Newswire reported that several complaints have been filed in Texas...
Midwest News
CNA Updates Info on Reinsurance Receivables from the Gerling Group
Chicago-based CNA Financial Corporation noted that as of Dec. 31, 2002, its property...