Inside This Issue
PRIMARY COVERAGE
Hawaii vetoes workers' comp bills
Businesses thankful bill not to increase costs
Study: workers' comp reforms working
Calif. had largest decrease in costs per claim
Church settles sex-abuse case for $660 million
Insurers to pick up $227 million of tab
Agency to pay $5.8 million to SoCal firm
Agency lacked documents proving clients denied coverage
Oregon fines AIG companies $5 million
Company failed to make timely payments
Calif. low cost auto insurance program expanded to nine counties
33,000 policies issued statewide
Fireman's Fund launches Bay Area wildfire readiness program
Demo shows benefits of defensible space
Wash. homes threatened by faulty fire sprinklers
Time running out to get free replacements
Oregon's Ario tapped to be Pennsylvania commissioner
Role is step up in state government
Tahoe fire losses could reach $150 million
Victims may be underinsured
Industry supports terrorism insurance bill
Not all agree with NBCR mandate
FBI data mining targets include insurance fraud suspects
ID thefts, real estate transactions, car accidents all searched by government
Identity theft cases limited compared to security breaches
Evidence of subsequent ID theft is "limited"
P/C industry net income, overall profitability slips slightly
Q1 premium growth weakest first quarter since 1992
U.S. P/C insurers' paid $2.1 billionfor 2nd quarter cats
Losses result from six catastrophes in 25 states
Bermuda shorted as more U.S. captives form onshore
Aon report says Vt. leads, followed by Hawaii, N.Y., Ariz. and S.C.
SPECIAL REPORT
Excess and Surplus Lines
Congress gets serious about surplus lines insurance reform
Supreme Court raises bar for investors bringing securities fraud suits
Move could lead to early dismissal of more lawsuits
Treasury chief vows review of U.S. financial services regulation
Goal will be to make changes to better reflect modern markets
MARKET FEATURES
SPECIAL REPORT: Excess and Surplus Lines. Building the case for excess casualty coverage
Rising tort costs, increasing litigation trends dictate need for higher liability
SPECIAL REPORT: Excess and Surplus Lines. Congress gets serious about surplus lines insurance reform
Bill passes House, heads for Senate
SPECIAL REPORT: Excess and Surplus Lines. Reeling in the new recruits
Career initiative hopes to attract young professionals to E&S market
Control experience modification factors,
before it controls you Reducing experience mod factors
Spotlight: Market Survey
Top 25 P/C insurer premium gainers
E&S Directory
Regional carriers provide a competitive advantage
Business relationships should not be about size
Agency-carrier relationships
A recipe for relationship success
Calif. Earthquake Authority pushes for industry assessments
Industry assessment layer ends Dec. 2008
Calif. workers' comp insurers need $180 million annually for earthquakes
Cat would affect 15.57 million employees
Russians have firefighting prowess
Yet U.S. Forest Service stonewalls on aid
Teen drivers talk, text too much
40% exceed speed limit by 10 mph or more
Nev. puzzles over credit history use
Yet consumers show growing acceptance
IDEA EXCHANGE
Growing Your Property Casualty Agency
Creatively communicate with your carriers
Carrier Watch
Commercial lines insurers stocks up; M&A activity steady
Bankruptcy and D&O claims
Are D&O policy proceeds property of the bankrupt estate?
Closing Quote: The Nonadmitted and
Reinsurance Reform Act The right policy at the right time