Friday, November 17, 2006

Ward Calls on London Market to 'Get Back to Basics'

November 17, 2006
The Insurance Journal

"In a speech to the annual Xchanging sponsored conference in Brighton, Lloyd's chief executive Richard Ward said the London insurance market must 'get back to basics' and provide a first class service to customers - or face the consequences..."

Structural Changes to Catastrophe Coverage Here to Stay

November 17, 2006
The Insurance Journal

"Despite an uneventful hurricane season, structural changes in catastrophe coverage are here to stay and will continue to impact capacity and pricing in 2007, according to Ben Beazley, managing director of Chartwell Independent Insurance Brokers..."

Democratic victory has advantages for industry

Publication Date: November 15, 2006
Advisen -- Insurance Market
Source: Business Insurance

"LAST WEEK'S CONGRESSIONAL elections have created an entirely new environment for risk management and employee benefit issues. For at least the next two years, both houses of Congress will be under Democratic control while the executive branch remains in Republican hands..."

Thursday, November 16, 2006

Ohio releases malpractice case results

Publication Date: November 15, 2006
Advisen -- Medical Malpractice
Source: Akron Beacon Journal

"When medical malpractice insurance rates skyrocketed several years ago, doctors and insurers blamed lawyers and ever-more-costly jury verdicts, setting off a tort-reform battle in the Ohio legislature..."

Wednesday, November 15, 2006

Handling hurricanes: you can't stop that big, mean wind from hitting you, but you can minimize its damage to your businessand...

Publication Date: November 14, 2006
Advisen -- Risk Management
Source: Convenience Store News

"You may have to sit down for this one. Ready?"

Patient Safety Is Key to Curbing Medical-Malpractice Claims, Experts Say

Publication Date: November 14, 2006
Advisen -- Medical Malpractice
Source: BestWire Services

"With the impact of state-level legislative reforms soon to be fully realized, risk managers and underwriters are counting on patient-safety measures being implemented in hospitals around the country to further reduce the number of medical-malpractice claims, experts say..."

Monday, November 13, 2006

Malpractice insurance rates decline

Publication Date: November 11, 2006
Advisen -- Medical Malpractice
Source: The Columbus Dispatch (OH)

"Ohio medical-malpractice insurance rates declined for the first time in five years, spurred by litigation reform and regulatory measures to more closely monitor premiums..."

Friday, November 10, 2006

Ohio Department Says Malpractice Insurance Rates Decrease for Docs

November 10, 2006
The Insurance Journal

"Four of the state's five largest medical malpractice insurers have revised their rates to produce an average decrease of almost 2 percent for Ohio doctors this year, following years of increases, the Ohio Department of Insurance said Wednesday..."

Democratic Congress Not Necessarily Bad for Industry, Says PIA

November 9, 2006
The Insurance Journal

"The new Congress will alter the insurance agenda on Capitol Hill, but losses for the industry are not a foregone conclusion. That's the after-the-election take by the National Association of Professional Insurance Agents (PIA)..."

Friday, November 03, 2006

TRIA's future likely 'down to the wire again'

Publication Date: November 1, 2006
Advisen -- Insurance Market
Source: Business Insurance

"NEW YORK-The federal government is unlikely to take any action on a possible extension of the federal terrorism insurance backstop until December 2007, so risk managers will again have to secure terrorism coverage in an uncertain insurance market, brokers say..."