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Insurance Journal West

2007 Excess, Surplus and Specialty Markets Directory, Vol. II; 2nd Quarter Market Survey

Insurance Journal West
July 23, 2007
Our Price: $12.95

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