February 6, 2006
The future of the Terrorism Risk Insurance Act and applications in predictive modeling will be among topics addressed at the annual Ratemaking Seminar of the Casualty Actuarial Society (CAS), March 13-14, at the Marriott Salt Lake City Downtown in Salt …
February 6, 2006
While property/casualty insurers share New York legislators’ concerns about the problem of identity theft, one industry trade group believes that so-called “credit freeze” legislation is an ineffective way to address the issue. Kristina Baldwin, regional manager for the Property Casualty …
February 6, 2006
Assurex Global, a worldwide network of independent insurance brokers, recently appointed Paul J. Hering as chairman. Hering succeeds Gregory S. Belton (with Hunter Keilty Muntz & Beatty Ltd., Toronto, Ontario, Canada), who continues his board service as chairman emeritus. Hering …
February 6, 2006
To avoid the asbestos litigation crisis some states have experienced, South Carolina lawmakers have introduced legislation that will require plaintiffs to meet specific medical criteria in order to bring or pursue an asbestos- or silica-related lawsuit. Senate Bill 1038, the …
February 6, 2006
Kansas Insurance Commissioner Sandy Praeger is supporting President Bush’ health care agenda based on his remarks during his state of the union address. “The rising cost of health care services and the affordability of health insurance are inextricably linked and …
February 6, 2006
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and assigned an issuer credit rating (ICR) of “aa” to Accident Compensation Corporation (ACC) (New Zealand). The outlook for both ratings is stable. The ratings reflect ACC’s status …
February 6, 2006
The Austin Association of Insurance Professionals will hold its 19th Annual AAIP Golf Tournament on May 2, 2006, at Star Ranch Golf Course in Hutto, Texas, near Austin. The Florida Scramble event will have registration at 12:00 noon and a …
February 6, 2006
The Workers Compensation Board of Manitoba (WCB), Canada recently reported the latest funding recipients of its Community Initiatives and Research Program (CIRP). These 11 groups will conduct community or industry-based projects that focus on the prevention of workplace injuries, disability …
February 6, 2006
H.E.A.T. (Help Eliminate Auto Thefts) has responded to statistics released by the Auto Theft Prevention Authority (ATPA) that indicate a decrease in auto theft in metro Detroit and across the state in 2004. “After the increase in 2003, Michigan residents …
February 6, 2006
A jury has ruled that an international farm machinery company must pay a Broadwater County, Mont., rancher and his insurance company nearly $120,000 over a tractor that caught fire and burned nearly seven dozen acres of a hay field. The …