Risk & Insurance articles from October 2006

Risk & Insurance archives from October 2006

Rubbed the wrong way.
October 1, 2006... New York insurance regulators appear to be backing away from the idea that brokers ought not to receive contingent commissions. Instead, Marsh and now Willis have taken the position that brokers won't take contingent commissions when they're a...

New approaches needed.(LETTERS TO THE EDITOR)(Letter to the editor)
October 1, 2006... Dear Editor, I recently came upon your very interesting article on paper/document/content management for insurers ("Firing up the Paper Chase," Risk & Insurance[R], Sept. 1, 2005, p. 50). In particular, I was intrigued by the following...

Northern exposure.(LETTERS TO THE EDITOR)(Letter to the editor)
October 1, 2006... Dear Editor, I read your article in Risk & Insurance[R] with interest ("More Devastating Than Death," Aug. 2006, p. 41). The phenomenon is present here in Canada, but it also has its own "Canadian twist." As a result of limited funding for...

Riddance to the rubbish.(LETTERS TO THE EDITOR)(Letter to the editor)
October 1, 2006... Dear Editor, What a load of rubbish this article was! ("For Whom the Bell Tolls," Risk & Insurance[R], Sept. 1, 2006, p. 22.) For the first time in a long time, insurers are correctly doing their job--underwriting--and spoiled risk...

Upcoming events.(Calendar)
October 1, 2006... OCTOBER 15-18 SIIA 26th Annual National Educational Conference & Expo The 26th Annual National Educational Conference & Expo of the Self-Insurance Institute of America Inc. is the world's largest event dedicated exclusively to the...

Katrina in court: insurers score a victory in wind-water legal debate.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... Insurers might have gotten the answer they were looking for in the wind versus water debate raging post-Katrina. A federal judge in August validated the flood exclusions in a homeowners policy from Nationwide Mutual Insurance Co., though he...

Little sugarcoating needed for these pills: workers' comp drug costs appear lower to leading insurer, Hartford study reports.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... The latest survey on the top-25 drugs used in workers' compensation claims showed that the overall price of pharmaceuticals in 2005 went down. The Hartford Financial Services Group Inc., a national provider of workers' comp insurance, based the...

The Hartford's top 10 drugs in 2005 workers' compensation: (ranked by total $ costs).(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... THE HARTFORD'S TOP 10 DRUGS IN 2005 WORKERS' COMPENSATION (RANKED BY TOTAL $ COSTS) RANK RANK RANK COST INCREASE * COST INCREASE * DRUG NAME 2005 2004 2003 2005 VS. 2004 2004 VS. 2003 ...

Quote of the month.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... "We run these operations as efficiently as possible, but you have to try to beat your neighbor around here." --BEN VANN, THE CLUB AT MORNINGSIDE, RANCHO MIRAGE, CALIF.

The market's new foreign forces: the power of ratings agencies and modelers.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... Policyholders holding their breath for the next soft market swing may pass out. According to experts at a leading brokerage firm, the outside influence of the ratings agencies might moderate any future softening of property rates. ...

Tiny technology brings big multiline exposures: nanotechnology is here. Are insurers ready?(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... "If anything, our report is a leading bell-ringer that says, 'Look, it's time for people to start thinking about this and start to put together some strategies," said Sandy Hauserman, senior vice president, worldwide environmental specialty...

Disaster training in transition: disaster response plans needed, companies know.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... One quarter of corporate respondents said they have never conducted a disaster response exercise, according to a survey from the National Emergency Response & Rescue Training Center, although most companies have a plan in place. The survey...

Worth repeating.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 1, 2006... "Rates are going up 80 percent to 200 percent. It's less coverage, and they don't get all of the added bonuses." Joel Willis Jr., program director, Commonwealth Insurance Group, on golf course coverages "Many operate a team-based...

Taming the 'triple threat': the real-estate market isn't like it used to be.(BROKERS: People, Ideas and Trends shaping the Brokerage Community)
October 1, 2006... Underwriters used to like real-estate clients, according to Kevin J. Madden, managing director of Aon's Real Estate Practice. Speaking at a recent webinar on the market, Madden explained how real-estate portfolios were attractive because of...

Beecher Carlson.(BROKER MOVES)
October 1, 2006... Beecher Carlson has announced the promotion of JANET WARREN to managing director and national claims leader. In this role, Warren will be responsible for the management and delivery of claims consulting services to clients. Warren is a 20-year...

National Healthcare.(BROKER MOVES)
October 1, 2006... Beecher Carlson also expanded its National Healthcare practice with the appointment of MICHAEL SUTER as senior vice president. Suter will focus on managing and growing the California Medical Group Insurance Co. Risk Retention Group, as well as...

The McIntyre Group.(BROKER MOVES)
October 1, 2006... The McIntyre Group, a full-service insurance brokerage and consulting firm in Cherry Hill, N.J., announced that James s. Walker JAMES S. WALKER has been named senior marketing executive, responsible for analyzing and structuring insurance...

Willis Group Holdings.(BROKER MOVES)
October 1, 2006... Willis Group Holdings announced that CEES VAN DER SLIKKE has joined the global insurance broker as senior vice president and Natural Resources Practice leader for Willis Canada. Van der Slikke will work closely with Willis' Global Energy...

An evolutionary product.(BROKER NEWS & NOTES)
October 1, 2006... The Farmington, Conn., specialty insurance group, Darwin Professional Underwriters Inc., has launched a new Web site meant to educate agents and brokers, as well as their commercial insurance buyers, about information and technology...

Judge rules in favor of ABD.(BROKER NEWS & NOTES)
October 1, 2006... An Oregon federal judge has denied Willis of Oregon Inc.'s request for a temporary restraining order against ABD Insurance and Financial Services Inc., according to wire reports. Willis alleged in the suit that ABD was "raiding" its office in...

Marsh can share insurer profits.(BROKER NEWS & NOTES)
October 1, 2006... Marsh & McLennan Cos. Inc., the world's largest insurance broker and risk manager, announced a new agreement with New York Attorney General Eliot Spitzer, which alters its settlement with authorities of last year. The new settlement, according...

Aon underwrites catastrophe bond.(BROKER NEWS & NOTES)
October 1, 2006... Aon Corp. has announced the private placement of $300 million of principal at-risk variable rate notes. The placement provides FM Global with fully collateralized catastrophe protection for Pacific Northwest earthquake exposures.

The schoolyard slugfest.(BROKERAGE)
October 1, 2006... Coming soon to a theater near you, "Clash of the Titans II," the heart-pounding, chest-thumping, downright Olympian epic that locks mighty Aon and all-powerful Marsh in fearsome death-defying combat to decide once and for all whether it's best...

How today bears on tomorrow.(ROGER ON RISK)
October 1, 2006... I was reminded this week of my grandfather, who went by his initials, DKD. He arrived in Britain early in the 20th century from Central Europe, a young man with a head full of ideas, but few beans in his pocket. His wife was called Jimmy. She'd...

An antidote to bias.(RISK MANAGEMENT)
October 1, 2006... Risk Management is about making prudent business decisions. When the decisions are limited to insurable hazards, there are sufficient risk management tools to make a reasonable decision. Risk maps, risk management information systems and...

Pension changes a 'mixed bag'.(BENEFITS)
October 1, 2006... With a stroke of his pen, the president of the United States can approve legislation and create federal policy that can change the future for millions of Americans. But sometimes he just signs stuff and not much changes. In August,...

Medicare set-asides without tears.(WORKERS' COMP)(Interview)
October 1, 2006... The Medicare set-aside program, sitting astride the workers' comp and federal benefit systems, has been hard for me to understand. To learn more, I located Ryan Roth. He is an expert and is comfortable talking about the broad context of serious...

Clubbed! Florida and Gulf Coast golf courses are walloped by premium hikes as tee-to-green coverage disappears.(Cover story)
October 1, 2006... It's not a lack of water but too much of it that is affecting courses in the Southeast United States. After the 2004 and 2005 hurricane seasons, insurance rates are going up, way up in some cases. Courses, particularly in Florida, are...

Collateral damage: collateralization calculations are a touchy subject with buyers, reason enough to shed light on the subject--before the disputes end up in court.(ALTERNATIVE RISK)
October 1, 2006... Earlier this year at the annual conference of the Risk and Insurance Management Society Inc., the broker on a panel provocatively titled "Are You Overcollateralized?" began the session by asking the attendees that question, "How many of you are...

Working a federal case: information-technology firms should work with agents, brokers and insurers to help understand the unique exposures of doing contract work for the federal government.(INSURANCE)
October 1, 2006... Information technology is integral to the U.S. government's delivery of services to people and businesses throughout the world. In today's post-Sept. 11, 2001, environment, expenditures on security and national defense--two areas that rely...

The age quandary of U.K. firms: older workers are less likely to take time off work but also need more time to recover from accidents.(INTERNATIONAL)
October 1, 2006... In common with its European neighbors, British business is coming to terms with the prospect of a sharply depleted younger work force on which to draw from in coming years. As the baby boom turns to bust, one-third of the U.K. population is...

Steering clear of Operational risk: "Operational risk" may sound mundane, but it has a nasty habit of costing guilty insurance companies a lot of money.(RISK MANAGEMENT)
October 1, 2006... Operational risks and related capital requirements have become a growing area of concern for regulators. U.S. regulators have tended to lag behind their European counterparts, but this may change in light of corporate-governance concerns and...

A rosy outlook: in 2005, the surety industry recovered, and the 2006 market looks to be headed for an even better year.(SURETY)
October 1, 2006... The year-end results for 2005 represent the first time since 2000 that the surety industry had positive results. According to the Surety Association of America's figures for the calendar year 2005, the surety industry produced a record $4.38...

Smaller firms on a roll: paper is out. Digital documentation is in. It seems like the small and midsize P/C carriers are getting this, but most big insurers are still working in olden times, not real time.(TECHNOLOGY)
October 1, 2006... There is nothing energizing or healthy about the paper chase in the property/casualty insurance industry. The insurance business arguably is the most paper-reliant and, as a result, paper-laden. Of course, managing all that thin white stuff can...

On the table: raising fees: government leaders stay away from taxing corporate profits, and instead look for new ways to raise fees to boost revenue.(RISK & INSURANCE: SPECIAL REPORT: BERMUDA/ALTERNATIVE RISK)
October 1, 2006... Taxing the profits of Bermuda's investment community has never been popular with government island leaders in the past. In fact, international companies all have written guarantees from the finance minister that they will not be subject to...

Weighing in on an offshore value: Bermuda's a valuable business proposition indeed, according to a poll of captive owners.(RISK & INSURANCE: SPECIAL REPORT: BERMUDA/ALTERNATIVE RISK)
October 1, 2006... Bermuda's captive management industry provides an excellent captive infrastructure and captive management services, according to risk managers polled in the First Annual Bermuda Captive Conference Risk & Insurance[R] Survey. And 126...

Don't be that city: America's cities and municipalities have learned from watching the suffering of New Orleans. Now they just must find the time to apply these lessons for emergency preparedness while handling all of the other risks that come their way every day.(RISK & INSURANCE[R]: INDUSTRY RISK REPORT: CITIES/MUNICIPALITIES)
October 1, 2006... James Lee Witt, who knows a thing or two about preparing for disasters, says that he's seeing more cities address how they'll protect lives and property if catastrophe strikes. But he also sees that much more work needs to be done. "The...

Ramping up: public skate parks are a municipal liability. One expert advises public risk managers how local governments can reduce their exposure.(RISK & INSURANCE[R]: INDUSTRY RISK REPORT: CITIES/MUNICIPALITIES)
October 1, 2006... Recognizing the popularity of skateboarding, an increasing number of city and county governments around the country have accommodated skateboarding enthusiasts with skate facilities as part of their parks and recreation programs. City...

Technology.(Directory)
October 1, 2006... Below are paid listings of specialty software packages for the insurance companies, risk managers and brokers. This guide is not intended to be a complete directory but is an overview of some of the packages available. Suppliers themselves have...

Keane Business Risk Management Solutions.(EXECUTIVE MOVES)
October 1, 2006... Keane Business Risk Management Solutions, a suburban Philadelphia-based financial risk and compliance solution provider for Fortune 1000 companies, has announced the appointment of JOHN GARBER as vice president. He will focus on business...

Jones Lang LaSalle.(EXECUTIVE MOVES)
October 1, 2006... Jones Lang LaSalle has announced that JANICE OCHENKOWSKI has been promoted to managing director of the firm's global risk management department. Ochenkowski had been senior vice president in her previous role at the real estate money management...

U.S. Risk Insurance Group.(EXECUTIVE MOVES)
October 1, 2006... U.S. Risk Insurance Group, the third largest privately held managing general agent and wholesale broker in the United States, has announced that APRIL MOESER has been named assistant vice president of marketing. Moeser will lead efforts to...

Deloitte & Touche USA LLP.(EXECUTIVE MOVES)
October 1, 2006... Deloitte & Touche USA LLP has appointed CLAUDIA WOLF to be the leader of the Initiative for the Retention and Advancement of Women, or Women's Initiative, in the Midwest region. Wolf, a Chicago-based partner with Deloitte Financial Advisory...

American International Group Inc.(EXECUTIVE MOVES)
October 1, 2006... American International Group Inc. has announced that NICHOLAS J. ASHOOH will join the company in September as senior vice president for communications. Ashooh will report directly to AIG President and CEO Martin J. Sullivan. Ashooh's...

Sirius America.(EXECUTIVE MOVES)
October 1, 2006... Delos Insurance, formerly Sirius America, has announced the hiring of GRACE MEEK, as chief business officer. Meek will work directly with Delos Chairman Detlef Steiner and CEO Bill Davis. She is responsible for executing the company's business...

International Risk Management Institute.(EXECUTIVE MOVES)
October 1, 2006... The International Risk Management Institute has announced that MILLICENT W. WORKMAN has joined as editor of Practical Risk Management and research analyst. Dallas-based IRMI is a research institute that studies and publishes on insurance and...

Towers Perrin.(EXECUTIVE MOVES)
October 1, 2006... Towers Perrin has announced that STEVE TAYLOR-GOOBY has been named managing director for its Tillinghast business. In this new role, Taylor-Gooby will be responsible for establishing overall strategic direction, key investment priorities and...

Pricewaterhouse-Coopers.(EXECUTIVE MOVES)
October 1, 2006... Pricewaterhouse-Coopers has announced that JOHN MERRIGAN will lead its Insurance Risk Management Solutions unit, a part of its Transaction Services practice. Merrigan has 30 years of experience in corporate insurance and risk management...

Liability.(INSURANCE)
October 1, 2006... Darwin Professional Underwriters Inc. has announced that it will begin to offer management and professional liability coverage for alternative risk transfer, facilities, captives, risk retention groups, reciprocals and exchanges, as well as...

D&O.(INSURANCE)
October 1, 2006... The Hartford Financial Services Group Inc. has introduced a next generation "Side A" directors' and officers' insurance policy that addresses emerging risks for executives in public and private organizations of all sizes. Priority Protection...

Specialty coverage.(INSURANCE)
October 1, 2006... Philadelphia Insurance Cos. has announced the release of its newest product--camp operators coverage. This product focuses on either resident or day camps and can be written on a package or monoline basis depending upon the exposure. The...

Real estate.(INSURANCE)
October 1, 2006... Lexington Insurance Co. has announced a first-of-its-kind insurance policy to protect commercial and residential real-estate developers and lenders from losses due to changing zoning ordinances. Zoning Restriction Protector Insurance has been...

Inland Marine.(INSURANCE)
October 1, 2006... One Beacon Insurance Group has announced a new offering, @vantage for Inland Marine, with 37 proprietary policy forms and more than 80 specialized coverage extensions. The coverage offers business owners solutions tailored to their specific...

Pandemic.(INSURANCE)
October 1, 2006... Markel Corp. has introduced a new insurance product, Outbreak Extra Expense Coverage, which is designed to protect companies from a closure of their business premises because of avian flu or various other contagions. The product is targeted...

High-net-worth.(INSURANCE)
October 1, 2006... Fireman's Fund Insurance Co., an insurer of high-net-worth individuals and families in the United States, has introduced a new high-end policy for personal yachts. The policy combines Fireman's Fund's marine underwriting expertise with its...

Scheduling.(TECHNOLOGY)
October 1, 2006... ServicePower, a global developer and supplier of service-chain optimization software, has announced the introduction of a new version of its flagship intelligent scheduling product, ServicePower Insurance Edition, aimed at the insurance market....

Disaster response.(TECHNOLOGY)
October 1, 2006... Dynamic Building Restoration LLC, a provider of disaster restoration services, has announced a new program designed to ensure that businesses have available assets and resources immediately after hurricanes and other natural disasters. Dynamic...

Claims processing.(TECHNOLOGY)
October 1, 2006... JPMorgan Chase, a full-service provider of cash management, trade finance and treasury solutions, has announced the launch of Healthcare Link, a comprehensive solution for health-care claims processing that enables providers to automate claims...

Policy administration.(TECHNOLOGY)
October 1, 2006... Whitehill Technologies Inc. has announced the latest release of its IStream Communicator, part of the InSystems product line. InSystems helps insurers get new products to market faster by managing the product lifecycle, from initial drafting of...

Mapping.(TECHNOLOGY)
October 1, 2006... CDS Business Mapping LLC, a provider of online property risk mapping, has announced the addition of a new flood elevation report to its RiskMeter Online service. This report can now make it possible to better understand flood risk for policies...

Absence administration.(SOFTWARE)
October 1, 2006... Reliance Standard Life Insurance Co., a top-rated group life and group disability carrier, has introduced RSL LeaveManager, a Web-based software application designed to administer leave and absence programs in accordance with the Family and...

Workflow.(EDUCATION)
October 1, 2006... The ACORD-User Groups Information Exchange of the Association for Cooperative Operations Research and Development has announced the creation and issuance of its "Productive Agency Visits by Insurance Carrier Marketing Reps: A Guide to Improved...

Professional liability.(SOFTWARE)
October 1, 2006... Victor O. Schinnerer & Co. Inc. has announced the launch of The Consultants Guide, a newsletter for business consultants in management, marketing, human resources, public relations, market research and staffing firms. The newsletter is intended...

A new equilibrium: the growth of the capital markets is complementing, not supplanting, the ability of the insurance industry to transfer risk.(OPINION)
October 1, 2006... Citing insurance marketplace conditions as they have developed in response to actual and prospective megacatastrope events, the author asserts that "the insurance option is under pressure that makes it increasingly irrelevant" as a risk...

Getting off Scott free.(NEWS & NOTES)
October 15, 2006... Bermuda's long-term planning document is now in the hands of the public, and the government of Premier Alexander Scott calls for levying fees using a system of "Corporate Responsibility Points." Work permit fees would be related to the...

Catastrophe re prices roaring upward.(NEWS & NOTES)
October 15, 2006... According to a report published by Guy Carpenter & Co. Inc., a global risk and reinsurance intermediary, global pricing in catastrophe reinsurance was affected by the high rates in the United States and Mexico. Rate increases averaged 76...

Report: disaster preparation lacking.(NEWS & NOTES)
October 15, 2006... National governments across the globe need to better team with the insurance industry to prepare for so-called megacatastrophes, with the help of international agencies and other entities, announced the Organization for Economic Co-operation...

Big firms bought terror insurance in '05.(NEWS & NOTES)
October 15, 2006... About 60 percent of large and midsize American companies purchased terrorism insurance in 2005, according to statistics from big-three broker Marsh Inc. In 2003, the rate was 27 percent. In 2004, it was 50 percent. The cost of terrorism...

Carriers claiming disappointment.(NEWS & NOTES)
October 15, 2006... A new study suggests that disability carriers might not be satisfied with their claims management technology. Conducted by JHA, a subsidiary of General Re Life Corp., the study found that about 80 percent of respondents said their claims...

Fitch: underwriting improves in P/C.(NEWS & NOTES)
October 15, 2006... About two-thirds of the 53 property/ casualty insurers studied in a recent report from Fitch Ratings Service showed improved underwriting performance in the first half of 2006, compared with the same period in 2005. As for being in the black,...

Two of six Greenberg charges dropped.(NEWS & NOTES)
October 15, 2006... New York Attorney General Eliot Spitzer has dropped two of six civil charges against Maurice "Hank" Greenberg, head of C.V. Starr & Co. Inc. and former CEO of American International Group Inc. The charges--accusations that AIG cooked its books...

Marsh sacks 750 people in cost-cutting move.(NEWS & NOTES)
October 15, 2006... Marsh & McLennan Cos., announced its second major cost-cutting program in two years, resulting in the loss of about 750 jobs. It expects the program to result in about $350 million of annual savings by the end of 2008, including $220 million in...

Upcoming events.(NEWS & NOTES)(Calendar)
October 15, 2006... OCTOBER 23-25 Care Continuum Congress The World Congress is pleased to announce its Care Continuum Congress, to be held at L'Enfant Plaza Hotel, Washington, D.C. The CCC will bring together leading industry experts to address...

P/C: A 'skewball' market for 2007: carriers renewing reinsurance in January can expect hikes similar to what they saw this past July.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... The seeming failures of catastrophe risk models to estimate the losses from Katrina still have the industry wondering about these risk management tools, This issue, and scientific evidence pointing to more hurricane risk in the near- to...

It in the O.R.: Medicare-Medicaid Services unit to allocate grants for IT.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... Information-technology spending in the health-care sector by state and local public entities is forecasted to jump 60 percent in the next five years, according to a study by the Reston, Va.-based government consulting firm INPUT. Current...

The same old song: music biz still confronts copyright risk.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... The music industry faces a shortage of copyright infringement insurance, said attorney Derek C. Crownover, partner at the Nashville, Tenn., office of the law firm of Hall, Booth, Smith & Slover. Most of his clients are self-insured. They also...

Lobbies split over CAT funding: insurers argue over how to tame CATs.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... Two voices in the insurance industry are making themselves heard in the debate over how to better prepare for natural disasters, for the industry's and nation's well-being. The argument between them heated up earlier this year when the...

Customer service does compute: P/C carriers want better IT for better customer service.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... The 2006 P/C Insurance Technology Survey from Fiserv Insurance Solutions, a provider of information management systems to the financial services industries, testifies to the P/C carriers' need for speed--IT speed. And to satisfy it, many...

Worth repeating.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
October 15, 2006... "We've made claims in this industry, 'The sky is falling, the sky is falling.' And it didn't fall." Ken A. Crerar' president, The Council of Insurance Agents & Brokers, on TRIA and terrorism, at the annual meeting of the CPCU Society in...

Talent and intensity in Beantown: a Regional Tale on a Global Scale.(BROKERS: People, Ideas and Trends shaping the Brokerage Community)(Interview)
October 15, 2006... Tom Slattery: Describe your business for us. Phil Edmundson: We're an insurance broker and benefits consultant for companies' high-severity risk exposures, with more complicated risk problems than the average business. For example, the...

Aon Corp.: Matthew Horwitch.(BROKER MOVES)
October 15, 2006... Aon Corp. has announced the appointment of MATTHEW HORWITCH to the position of executive vice president and global large corporate national sales leader. In his new posts, Horwitch will be responsible for developing and managing sales...

Aon Corp.: Scott Malchow.(BROKER MOVES)
October 15, 2006... Aon Corp. has also named SCOTT MALCHOW to the position of vice president and head of investor relations. Malchow will be based out of the broker's Chicago headquarters. He was previously director of investor relations for Andrew Corp. ...

Accume Partners.(BROKER MOVES)
October 15, 2006... Accume Partners, a provider of internal auditing, IT internal auditing, Sarbanes-Oxley compliance and other risk management services, has announced that JAMES B. MCGUIRE is to be president and chief operating officer. His new responsibilities...

NWI Investigative Group Inc.(BROKER MOVES)
October 15, 2006... Beecher Carlson has announced that it has added MICHAEL MCGOWAN to its New York Executive Liability team as a producer. McGowan will focus on business and client development for Beecher Carlson's executive liability products. Before the move,...