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Net gains; Insurers responded to recent disasters by providingagents, brokers and buyers in-depth advice andpractical tools delivered over the Internet.(Cover Focus: Web Services)
November 1, 2005... Byline: Rodd Zolkos
In the immediate aftermath of this season's devastating hurricanes, many insurance industry companies found their Web sites to be an invaluable tool for making contact with affected customers, industry partners and...
INFORMATION FRONT & CENTER.(protecting personal belongings)(Brief Article)
November 1, 2005... Protecting personal belongings
Jewelry and collectibles
Valuables should be inventoried and stored in a secure location (such as an inland bank safety deposit box). If off-site storage is not possible, then place these items in a...
CPCU attendees get their careers in gear.(Gatherings)(Brief Article)
November 1, 2005... ATLANTA-The CPCU Society's 61st Annual Meeting & Seminars drew around 1,800 attendees to Atlanta for four days of seminars and events.
The conference, "Get Your Career in Gear!," featured the society's first-ever career center at the...
Sungard, Microsoft team up on ProCede prototype.(SunGard Data Systems Inc.)(Brief Article)
November 1, 2005... London-based SunGard Data Systems Inc. has announced that future versions of its ProCede reinsurance management solution will be based on Microsoft Corp.'s .NET software development platform.
ProCede supports the reinsurance process for...
The Hartford launches streamlined home page.(Tech Focus)
November 1, 2005... The Hartford Financial Services Group Inc. has unveiled a new home page to its agency portal designed to be easier to navigate and allow agents to do business with The Hartford more quickly.
The design of the new home page of the Hartford,...
By The Numbers: P/C insurers get more respect online.(Industry News)
November 1, 2005... The Customer Respect Group's Customer Respect Index, or CRI, is intended to measure how well corporations treat their online customers. A new study analyzes customer attitudes toward P/C, life and health insurer Web sites.
Rank...
The Quote.(Industry News)
November 1, 2005... 'We found many of our agents in the most devastated territories going to their accountants or their lawyers or their homes, and we found the Internet was the most effective way to communicate, at least in the early days.'
Jack Roche
...
Three Questions.
November 1, 2005... With Hurricane Katrina causing record losses, for many companies the question isn't whether recent industry losses will affect property catastrophe reinsurance renewals, but rather how great the impact will be. Recently, James P. Bryce,...
Simulated warehouse blaze highlight at fire protection educational gathering.
November 1, 2005... Byline: Rodd Zolkos
NORTHBROOK, Ill.-Teaming with Underwriters Laboratories Inc., the Insurance Leadership Institute of GE Insurance Solutions recently offered a group of client-company risk managers a look at some of the latest...
Xcipio acquisition gives Fiserv ability to provide brokers real-time quotes.(Industry News)(Brief Article)
November 1, 2005... BROOKFIELD, Wis.-Information management systems and services firm Fiserv Inc. has acquired Xcipio Inc., a Web-based insurance rating and automation solution provider, as part of Fiserv's plan to expand its presence in the insurance industry....
Industry groups form Katrina task force.(Industry News)(Brief Article)
November 1, 2005... To facilitate their response to Hurricane Katrina, a number of insurance industry trade groups have banded together in a Hurricane Katrina Task Force.
The move came at the urging of the National Assn. of Insurance Commissioners as a means...
Online information tool gives brokers a competitive edge.(Sage Benefits & HR- online tool)
November 1, 2005... Byline: Rupal Parekh
Employee benefits brokers and human resource professionals tired of wrestling with giant binders of information on benefits and HR topics can now access answers to client questions in one central location.
The new...
Iuppa sees improved efficiency for industry through technology.(Gatherings)(Alessandro A. Iuppa)
November 1, 2005... Byline: Rupal Parekh
CHICAGO-In an increasingly complex regulatory environment, oversight of the insurance business will continue to become more efficient through technology, one state regulator says.
As companies are faced with an...
It's not too late for insurers to learn from mistakes.(Gatherings)
November 1, 2005... Byline: Michael Bradford
ATLANTA-Insurers, it seems, will never learn when it comes to making some mistakes.
Disputes between insurers and policyholders continue to arise partly because underwriters keep doing several things badly,...
Insurers should tout `best work' after catastrophes.
November 1, 2005... Byline: Michael Bradford
ATLANTA-Insurers long hampered by image problems should not miss the chance to tout how well their products and services work when catastrophes strike, a panel of experts contends.
When disasters such as...
Allstate exec honored with IEF's Lifetime Achievement Award.(Robert W. Pike, Insurance Education Foundation)(Brief Article)
November 1, 2005... CHICAGO-The Insurance Education Foundation, together with the Property Casualty Insurers Assn. of America, presented Robert W. Pike, executive vp at Northbrook, Ill.-based Allstate Corp., with the IEF's 2005 Lifetime Achievement Award during...
Capital wave set to flood Bermuda as startups eye market opportunities.
November 1, 2005... Seeking opportunities in the wake of a record year for catastrophe losses, investors are pouring capital into startup reinsurance ventures in Bermuda.
In the past month, nearly $5 billion in capital has been pledged for several startups....
Katrina may not affect all areas of market.(Industry News)
November 1, 2005... Price hikes in the property/casualty insurance market driven by the impact of Hurricane Katrina might not be as extensive as some have anticipated, according to two recent reports.
One, from Chicago-based investment bank Cochran, Caronia...
Insurers augmenting risk measurement methods: Study.(investments)
November 1, 2005... U.S. life insurers are increasingly using more robust methods to measure their investment risks, a recent survey of company chief financial officers by Stamford, Conn.-based Tillinghast has found.
The survey found that 70% of life insurance...
Noodle to offer Hartford's liability coverage for private companies.(Industry News)(Brief Article)
November 1, 2005... CHICAGO-Noodle Specialty Brokers, a division of Chicago-based InsuranceNoodle, has reached an agreement with The Hartford Financial Services Group Inc. to underwrite and distribute online The Hartford's Private Choice Encore! management...
Insurance revenues rise at bank holding companies.(Industry News)(Brief Article)
November 1, 2005... WASHINGTON-Bank holding companies posted $21.2 billion in insurance revenue during the first half of this year, a 1.6% increase over the same period in 2004.
Citigroup, Wells Fargo & Co., HSBC North America Holdings, J.P. Morgan Chase &...
Executives take stock in aftermath of catastrophes.(Gatherings)
November 1, 2005... Byline: Rodd Zolkos
CHICAGO-For many insurers, the effects of the 2005 hurricane season may well go beyond just handling the claims from this year's storms, according to one group of top insurance industry executives.
Demand surge,...
Companies diversify risk by storing data far offsite.(Tech Focus)
November 1, 2005... Byline: Rodd Zolkos
It's no secret that companies in the insurance industry generate a tremendous amount of data. But recent catastrophes such as Hurricane Katrina have many thinking about how to ensure access to that data when they need...
On the Move.(appointments at insurance industry)
November 1, 2005... Hamilton, Bermuda-based White Mountains Insurance Group Ltd. has named Steven E. Fass president and chief executive officer. Mr. Fass replaces Ray Barrette, who retired. Mr. Fass has been a senior partner at White Mountains for nearly a decade...
Duane Morris, Hancock to merge practices.(Duane Morris, L.L.P., Hancock Rothert and Bunshoft)(Brief Article)
November 1, 2005... PHILADELPHIA-The law firms of Duane Morris L.L.P. and Hancock Rothert & Bunshoft L.L.P. have agreed to merge under the name Duane Morris, effective Jan. 1, 2006.
The combined firm will have more than 600 lawyers in 19 offices and is...
Research the researchers.(market research)
November 1, 2005... Byline: William Pitt
The old saw about advertising-"Half of our money is wasted; I just don't know which half''-might equally be said of market research.
Every year, insurers and, to a lesser but growing extent, brokers lavish...
Companies expanding definition of `insurability'.(changing landscape of corporate risks)(Brief Article)
November 1, 2005... In response to a changing landscape of corporate risks, insurers have developed a variety of tools and techniques that extend the boundaries of what's considered "insurable,'' according to a sigma study from Swiss Reinsurance Co.
Such...
PCI signs pact with Chinese insurers.(Property Casualty Insurers Association of America, Insurance Association)(Brief Article)
November 1, 2005... CHICAGO-In a move to bridge the insurance markets of both countries, the Property Casualty Insurers Assn. of America and the Insurance Assn. of China have signed "a memorandum of understanding.''
The aim of the pact-officially signed in...
Kaiser rolls out new Web features.(Kaiser Foundation Health Plan Inc. started online health care information services)
November 1, 2005... Byline: Roseanne White Geisel
The trail Kaiser Permanente is blazing in electronic medical information technology now connects Hawaii plan members to their physicians by e-mail, links those patients to their personal health information and...
A lesson from the `Pod people.
November 1, 2005... Well into the 21st century as we are, I made a belated attempt recently to keep up, from a contemporary consumer culture perspective, at least.
I purchased my first iPod.
As I've noted in the past, I'm generally not an early adopter...
States' voters to decide fate of insurance-related initiatives.(voters in California and Washington will choose between two health insurance Proposition 78 and 79)(California and Washington)
November 7, 2005... Byline: MEG FLETCHER
Voters in California and Washington state will consider several insurance-related ballot measures on Election Day.
All are citizen initiatives that were brought to the polls through petitions, rather than by...
Almanac forecasts: more than hot air?(climate change warming )
November 7, 2005... Byline: Rodd Zolkos
This year's hurricane season has understandably prompted a lot of talk about the viability of various catastrophe models and weather predicting techniques.
Even more challenging questions are being asked about such...
Renew focus on contracts.(Editorial)
November 7, 2005... While few would dispute that the insurance industry has faced a challenging past 18 months, there are some important challenges ahead that still must be addressed.
Notably, with the upcoming renewal season, insurers and reinsurers will...
High court nominee has favorable record on business issues.(Samuel A. Alito Jr., Supreme Court )
November 7, 2005... Byline: MARK A. HOFMANN
If what's past is prologue, U.S. Appeals Court Judge Samuel A. Alito Jr.'s elevation to the Supreme Court could be good news indeed for employers.
That's subject, of course, to the Senate giving its approval to...
Port Authority liable for 1993 WTC bomb losses.(Port Authority of New York and New Jersey, World Trade Center)
November 7, 2005... Byline: DOUGLAS McLEOD
NEW YORK-Several insurers are among the roughly 400 plaintiffs who won a verdict that found the Port Authority of New York & New Jersey negligently failed to prevent the 1993 truck bombing of the World Trade Center....
Index of premium changes made public.
November 7, 2005... Byline: Sally Roberts
For the first time, New York-based Advisen Ltd. is publicly publishing its ADVx composite premium index, which tracks changes in average renewal premiums for commercial insurance policies.
The index, a composite...
Aon extends opt-in deadlines on commission settlements.
November 7, 2005... Byline: SALLY ROBERTS
CHICAGO-Aon Corp. says it is extending the deadlines of two separate yet related settlements of litigation over contingent commissions to give eligible policyholders more time to sign up.
Some attorneys say,...
U.K. government introduces tort reform bill.(World)
November 7, 2005... Byline: CAROLYN ALDRED
LONDON-Legislation intended to restrict the filing of allegedly frivolous lawsuits was introduced by the U.K. government last week.
The measure would impose restrictions on the activities of so-called claims...
More startup capital heads to Bermuda; New entities plan to take advantage of hardening market.(insurance companies services in Bermuda)
November 7, 2005... Byline: DOUGLAS McLEOD and BARBARA COCKBURN
Startup activity in the reinsurance market continued last week, as more investors sought to take advantage of rising rates in the wake of this year's massive hurricane losses.
Former Lloyd's...
Storm losses leave questions about extent of reinsurance rate increases.(Hurricane katrina 2005)
November 7, 2005... Byline: JUDY GREENWALD
CHICAGO-Uncertainty is the prevailing opinion among reinsurance executives as to how the January renewals will shape up.
While property catastrophe rates for insurers hit by the hurricanes clearly will increase,...
Buyers more cautious on brokers, poll finds.(insurance buyers )
November 7, 2005... Byline: MICHAEL BRADFORD
Risk managers are more satisfied that brokers are disclosing all compensation arrangements, but the issues of steering and bid rigging that brought about greater transparency have also caused insurance buyers to...
Updates; U.K. pension watchdog plans regulatory revamp.(HIH Insurance Ltd. found guilty of bribery and fraud charges, Kiln PLC to raise fund, Arthur J. Gallagher and Co. acquired InterPacific Underwriting Agencies Pty. Ltd. )
November 7, 2005... The United Kingdom's Pensions Regulator has published a consultation document outlining its plans for regulating new funding requirements for defined benefit plans. The document sets out the regulatory body's proposed plan-specific approach,...
GM pact needs makeover.(General Motors Corp., United Automobile Workers)
November 7, 2005... If there ever was a case of reality not meshing with rhetoric, the new proposed contract between General Motors Corp. and the United Auto Workers union is it.
To judge by the headlines when the agreement was announced, one would have...
Insurers to lose key lawmaker with Oxley retirement; Industry lobbyists hail work of Financial Services Committee chair.(News)
November 7, 2005... Byline: MARK A. HOFMANN
WASHINGTON-Insurance industry lobbyists are hailing the first chairman of the House Financial Services Committee as a leader who brought revolutionary change to Capitol Hill before deciding to retire from Congress...
Events alter future.(Commentary)
November 7, 2005... Byline: Paul Winston, Editorial Director
I had an opportunity last week to speak at a gathering of the three Chicago-area CPCU Society chapters. The purpose was two-fold: an educational seminar on regulatory reform proposals and a...
Bermuda regulators discuss challenges.(Bermuda Monetary Authority's Cheryl-Ann Lister, Jeremy Cox )(Interview)
November 7, 2005... Cheryl-Ann Lister is chairman of the Bermuda Monetary Authority-the independent regulatory body governing insurance companies on the island-while Jeremy Cox is supervisor of insurance for the BMA's Insurance Department. The island's top two...
Upheaval from hurricanes may delay reinsurance renewals.(News)
November 7, 2005... Byline: Judy Greenwald
CHICAGO-The turmoil caused by hurricanes Katrina, Rita and Wilma is likely to make this a late renewal season as reinsurers continue to assess their losses, say some intermediaries.
But others contend that...
Record crowd participates in conference in San Antonio.(News)(Brief Article)
November 7, 2005... The American Society for Healthcare Risk Management attracted a record 3,400 visitors-including 2,200 attendees-to its 25th annual conference in San Antonio late last month.
The conference featured 150 exhibitors and 51 educational sessions...
Bermuda's insurance department revamps, expands industry oversight.(Spotlight: Bermuda Market Report)
November 7, 2005... Byline: RUPAL PAREKH
In order to keep pace with evolving standards for insurance regulation-as well as with Bermuda's growing and increasingly complex marketplace-the Bermuda Monetary Authority is boosting its resources and overhauling the...
Myths, realities of hospital-run malpractice cover cited.(News)
November 7, 2005... Byline: DAVE LENCKUS
SAN ANTONIO-Hospital-run insurance programs for physicians can benefit hospitals and doctors in several ways, but the anticipated and actual benefits often differ, according to a panel of experts.
Some myths about...
Future of finite cover remains in balance amid investigations.(World)
November 7, 2005... Byline: REGIS COCCIA
HAMILTON, Bermuda-The future of finite reinsurance contracts may depend on whether insurance industry companies can communicate the products' usefulness to regulators, a panel of legal experts suggested.
Four...
Bermuda captive owners form networking association.(Bermuda Captive Owners Association)
November 7, 2005... Byline: MICHAEL BRADFORD
Bermuda captive owners have, for the first time, an association to call their own.
While captive managers and other Bermuda market professionals have for years belonged to organizations intended to help them...
Wake-up call needed on nurse-administered anesthesia; Advocates warn of medical malpractice liability risks in administration of popular sedative.(risk management)
November 7, 2005... Byline: DAVE LENCKUS
SAN ANTONIO-A popular sedative with no known antidote poses a huge medical malpractice liability risk for hospitals and health care providers because it often is administered under conditions that contradict the...
Massachusetts House passes payroll tax to cover uninsured; Levy would be offset by health contributions.(News)
November 7, 2005... Byline: JERRY GEISEL
BOSTON-Massachusetts once again is moving to impose a surcharge on employers that don't heavily subsidize their health insurance plans in order to help fund an ambitious program to cover the uninsured.
Last week,...
Converium to restate results amid internal probe on finite risk.(World)
November 7, 2005... Byline: JUDY GREENWALD
ZUG, Switzerland-Converium Holding Ltd. said it plans to delay announcing its third-quarter results and restate unspecified prior-period figures as it completes an internal review sparked by authorities'...
RenRe founder quits as probe continues; Currie succeeds Stanard as CEO of Bermuda reinsurer.(News)(Neill A. Currie)(chief executive officer)
November 7, 2005... Byline: RUPAL PAREKH
PEMBROKE, Bermuda-RenaissanceRe Holdings Ltd.'s longtime chairman and chief executive officer, James N. Stanard, stepped down last week amid investigations into the reinsurer's use of finite risk coverage and concerns...
Career highlights of James N. Stanard.(News)(Brief Article)
November 7, 2005... Former RenaissanceRe Holdings Ltd. Chief Executive Officer James N. Stanard has more than 30 years of experience in the property/casualty industry.
1971-83 Held various actuarial, underwriting and management positions with INA Reinsurance,...
Delayed harassment complaint is denied.(News)(Hardage vs. CBS Broadcasting Inc)(Brief Article)
November 7, 2005... Byline: JUDY GREENWALD
SAN FRANCISCO-A television sales manager who took too long to voice a complaint of sexual harassment by his supervisor, and then refused to cooperate with a subsequent investigation, may not pursue his case, said the...
Late News; Senate approves hike in PBGC premiums.(Pension Benefit Guaranty Corp.)
November 7, 2005... The Senate last week approved a measure-part of a broader budget bill-that would increase to $46.75 from $19 per plan participant the annual PBGC premium paid by employers with defined benefit plans. In addition, the bill calls for imposing a...
Products & Services; Elite Underwriting introduces health plan.(News)(Chubb Corp. has expanded its online resource)( Risk Management has introduced an insurance program )
November 7, 2005... EXTON, Pa.-Elite Underwriting Services, a managing general underwriter, is offering a limited benefit program for employees.
The program, Elite Health, is an indemnity-based plan and includes coverage for inpatient and outpatient doctor...
Fighting stop-loss assessments tops agenda of self-insurers group.(News)
November 7, 2005... Byline: MICHAEL BRADFORD
CHARLOTTE, N.C.-Opposing both the regulation of stop-loss insurance and the imposition of assessments against stop-loss policies is a high priority for the Self-Insurance Institute of America Inc.
At its 25th...
Patient anti-dumping law raises hospital liability concerns: Doctor.(emergency room)
November 7, 2005... Byline: DAVE LENCKUS
SAN ANTONIO-Final regulations and guidelines for a federal law that protects the rights of emergency room patients could create significant liability problems for hospitals, according to an attorney who also is an...
Companies boost capital in anticipation of price hikes; Post-Katrina, insurers and reinsurers seeking to profit from property cat opportunities.(Spotlight: Bermuda Market Report)
November 7, 2005... Byline: SARAH VEYSEY
In the weeks since Hurricane Katrina caused the insurance industry's largest-ever natural catastrophe loss, followed by two other substantial hurricanes, many of Bermuda's newer insurers and reinsurers have been...
Canadian securities law lowers bar for class actions; Foes say bill will increase liability risks.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: GLORIA GONZALEZ
An amendment to securities law in Ontario is raising concerns that Canada will become more vulnerable to a litigation culture like that in the United States.
A sharp rise in securities claims is expected because...
Buyers want clear, certain coverage.(World)
November 14, 2005... Byline: SARAH VEYSEY
Most U.K. risk managers say they want ambiguity and subjectivity removed from insurance documentation when the London insurance market adopts contract certainty, but not at the expense of customized policy wordings,...
State tort reform measures, loss control programs bring stabilization to medical malpractice market.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: MEG FLETCHER
The marketplace for medical malpractice liability insurance is improving as rate increases level off, claim frequency drops, states pass tort reform measures and health care providers commit to loss-control programs....
Third-party liability threat to lawyers grows; More malpractice claims are surviving summary judgment.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: ROBERTO CENICEROS
The cost of defending attorneys against malpractice lawsuits continues to rise, while certain law firms face a growing threat from third-party claims with potentially costly outcomes, according to insurers.
...
Change lets secondary-market investors sue firms over inadequate information.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: GLORIA GONZALEZ
An amendment to Ontario's securities laws, Bill 198, will give investors in the secondary market the right to sue a company or responsible individuals that provide misleading or inadequate information about a firm's...
Who's in control of financial controls anyway? Getting the risk manager side heard doesn't have to devolve into a turf war.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: DAVE LENCKUS
Risk managers who decide they want some say in their organizations' internal financial controls should expect to hear some dissent, according to experts.
But the risk of setting off a turf war can be minimized if...
Comings & Goings - Industry.(News)
November 14, 2005... Agents/Brokers
Dallas-based insurance wholesaler Colemont Corp. has named David Stevoff chief operating officer of Colemont Brokerage Group, the company's U.S. subsidiary. Mr. Stevoff, who will be based in Chicago, will be responsible for...
Managing sustainability risks is critical.(Perspectives)(Corporate Survival: The Critical Importance of Sustainability Risk Management)
November 14, 2005... Byline: Dan R. Anderson
A new dimension of risks is emerging, which I term sustainability risks. Increasingly, businesses are being pressured to address environmental and social responsibility performance in addition to the traditional...
Risk managers urged to help shape governance; Scandals show need for influence over internal controls.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: DAVE LENCKUS
From the infamous meltdowns of Enron Corp. and WorldCom Inc. to the recent legal troubles at restaurant holding companies Buca Inc. and Red Robin Gourmet Burgers Inc., the integrity of corporate executives has been a...
States succeed on malpractice damage caps but miss out on key cost-saving measure.(Spotlight: Professional Liability Risks)
November 14, 2005... Byline: MEG FLETCHER
Tort reform proponents have successfully expanded the scope of medical malpractice reforms in several states over the past year, but one of the key tools in reducing liability costs-periodic compensation payments-is...
Time to control comp drug utilization.(Perspectives)
November 14, 2005... Byline: Joseph Paduda
For years, risk managers paid scant attention to prescription drug costs in workers compensation-and why would they? Drugs amounted to a few cents of the medical dollar and were not a big driver of medical expenses....
Don't get shortchanged on Katrina cover.(Perspectives)
November 14, 2005... Byline: Kirk Pasich
In the aftermath of Hurricane Katrina, many businesses are grappling with obtaining coverage under their property insurance policies for both physical property losses and time-element losses. Because of the length and...
Hawaii captive forum features traditional feast.(News)
November 14, 2005... The Hawaii Captive Insurance Council served up generous portions of island tradition alongside conference sessions during its biennial forum, held Nov. 1-4 in Kapalua, Hawaii.
Forum 2005 attracted 300 registrants to the Ritz-Carlton...
Automatic enrollment boosts participation in 401(k) plans.(News)
November 14, 2005... Byline: GLORIA GONZALEZ
NEW YORK-Automatic enrollment and investment features for 401(k) pension plans are a good way to overcome the inertia that keeps employees from being adequately prepared for retirement, experts say.
"Participant...
Between the Lines; Immunity from liability? Try wishfulthinking.com.
November 14, 2005... Byline: Compiled by Joanne Wojcik
You've heard of the "no-call'' list? Well, now there's a "no-sue'' list.
A New York-based company is offering to shield anyone from liability by posting a special "hold-harmless'' agreement on its Web...
Ontario rejects pension plan disclosure duty; Overturning of onerous rule a relief to plan sponsors.(News)
November 14, 2005... Byline: GLORIA GONZALEZ
Canadian pension experts are breathing a collective sigh of relief after the Ontario Court of Appeal overturned a lower court decision that would have significantly expanded disclosure requirements for plan...
Communication efforts help reduce depression, cut costs.(News)
November 14, 2005... Byline: GLORIA GONZALEZ
NEW YORK-Depression in the workplace has a big impact on workers and their employers, but companies can take steps to help their employees and lower their own costs related to the disease.
One large employer,...
Captive owners could face higher governance standards.(News)
November 14, 2005... Byline: ROBERTO CENICEROS
KAPALUA, Hawaii-Although a National Assn. of Insurance Commissioners model rule regarding corporate governance is not slated to apply to pure captives, captive owners would be wise to assume otherwise, speakers...
Homebuilder captive meets insurance need while making a profit; Contractors covered for construction defects.(News)
November 14, 2005... Byline: ROBERTO CENICEROS
KAPALUA, Hawaii-By running its captive like a commercial insurance company, Shea Homes strives to generate underwriting profits for the captive and provide needed insurance coverage to its business partners, one...
Errors & Omissions.(Corrections)(Correction Notice)
November 14, 2005... * Due to an editing error, a Nov. 7 article, "RenRe Founder Quits as Probe Continues,'' misstated the name of Renaissance Re Holdings Ltd.'s new nonexecutive chairman, W. James MacGinnitie.
* In an Oct. 10 article, "Employers Try `Managed...
New Hylant practice to focus on large-account business.(News)
November 14, 2005... Byline: SALLY ROBERTS
TOLEDO, Ohio-In an effort to enhance and expand on the services it provides to major corporations, Hylant Group last week announced the launch of a new dedicated large-account practice.
The Toledo, Ohio-based...