Insurance News from June 02, 2003
News
Weiss Study Says Med-Mal Caps Fail to Prevent Premium Increases
Caps on non-economic damages have failed to prevent sharp increases in medical...
International News
Munich Re Posts $280M Q1 Loss on Investment Writedowns
Munich Re posted a 238 million euro ($280 million) after tax first quarter loss, due to...
East News
Three Men Indicted in N.Y. Motorcycle Fraud Ring
Eliot Spitzer, New York's Attorney General, and State Insurance Department...
West News
State Fund, Auditor Disagree on Level of Reserves
In a letter from State Compensation Insurance Fund to its brokers, president Diane Oki...
Southeast News
RMS U.S. Hurricane Model Re-Certified by Fla. Commission
Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss...
Texas / South Central News
Workers’ Comp Bills Sent to Texas Governor
The Alliance of American Insurers praised the passage of two bills in both houses the...
Midwest News
CNA Takes $49M Charge on 1995 Property Loss
Chicago-based CNA Financial Corp. announced that its specialty lines segment expects to...