Insurance News from March 27, 2003

News

S&P’s Lowers Kemper Cos. Ratings; Keeps on Watch Negative

Standard & Poor's has lowered its counterparty credit and financial strength ratings on...

International News

Munich Re Posts $1.7B 2002 Net Profit; Premiums Up 10.8 Percent

Munich Re managed to avoid the falling equity values and rising reserve costs that...

East News

West News

WCIRB to Propose 10.6 Percent Increase in Pure Premium Rates

California's Workers' Compensation Insurance Rating Bureau (WCIRB) Governing Committee...

Southeast News

Fla. Bill Tightening Penalties for Selling Unlicensed Ins. Clears Committee

Florida's Chief Financial Officer Tom Gallagher praised the Senate Banking and Finance...

Texas / South Central News

Water Claims Legislation Passes Texas Senate Committee

Legislation authored by Texas Senator Troy Fraser to speed insurance companies'...

Midwest News

ESIS Celebrates 50th Anniversary at RIMS Conference

ESIS, Inc., the risk management services arm of ACE USA, will kick off its 50th...