Publication Date: January 30, 2007Source: Advisen -- Management Liability"New York, Jan. 30, 2007 – Changing corporate governance practices and excess capital in the insurance market have made directors and officers (D&O) liability premiums drop in recent years, according to a new briefing from Advisen Ltd., the leading provider of analytics, benchmarking and market information to the global commercial insurance industry..."
Publication Date: January 30, 2007Source: Advisen -- Property"Peter Upjohn at AVRECO – The Park Group has been promoted to Manager of the new Professional Liability Brokerage Department. He is responsible for the majority of the professional liability lines of coverage handled by AVRECO, including D&O, E&O, EPL, and fiduciary. He also handles a book of General and Umbrella liability coverage as well. He has worked at AVRECO since 1998 and has almost 30 years of insurance experience. Peter began his career at Willis Faber & Dumas, Ltd. in London and then joined Johnson & Higgins as an Assistant Team Manager. In January 1986, he joined A.J. Renner & Associates as EVP and equity partner of the firm where he was both a Producer and Marketer. Contact Peter at 312.294.5621 or pupjohn@avreco.com."
Publication Date: January 27, 2007Advisen -- Insurance MarketSource: Daily Record"HORSES that tried to eat a parked car and sooty bees which damaged a house were among a host of bizarre insurance claims..."
Publication Date: January 28, 2007Advisen -- Insurance MarketSource: Miami Herald"It's not a pleasant thought, getting the flu, crashing your car or meeting another calamity -- on game day, no less..."
January 24, 2007The Insurance Journal"Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new business, according to the latest market survey by The Council of Insurance Agents & Brokers..."
Publication Date: January 24, 2007Advisen -- CasualtySource: Merrillville Post-Tribune"Don't clean your kids in the washing machine. Don't dry your cell phone in the microwave. And be sure not to read the phone book while driving...."
Publication Date: January 19, 2007Advisen -- PropertySource: AP DataStream AAA"BERLIN_Europeans labored Friday to restore services across the continent after hurricane-force winds felled trees, brought down power lines and damaged buildings, killing at least 41 people and disrupting travel for tens of thousands...."
By Stephen MajorsInsurance JournalJanuary 22, 2007"Florida lawmakers tentatively agreed Saturday on a comprehensive proposal aimed at lowering Floridians' skyrocketing property insurance rates, saying they'd finalize the plan with a vote on the package on Monday..."
January 17, 2007The Insurance Journal"Senator John Ensign, R-Nev., has introduced the Medical Care Access Protection (MCAP) Act of 200, which would set a cap on non-economic damages in medical malpractice lawsuits..."
Publication Date: 01/16/2007Advisen -- Medical MalpracticeSource: Chicago Tribune (KRT)"Jan. 16--In a sign that the Illinois medical malpractice insurance crisis may be subsiding for doctors, the state's largest medical malpractice carrier this spring plans to partially lift a moratorium on accepting new business, crediting better economics and litigation reforms in the state..."
Publication Date: January 9, 2007Advisen -- PropertySource: Agence France-Presse English Wire"LOS ANGELES, Jan 9, 2007 (AFP) - A repeat of the most powerful earthquake in California's history would cause an estimated 150 billion dollars in damages, risking a Hurricane Katrina-style catastrophe, experts told a conference here Tuesday..."
January 11, 2007The Insurance Journal
"Leaders of the property/casualty insurance industry expect Congress to extend the Terrorism Risk and Insurance Act in 2007, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 11th annual Property/Casualty Insurance Joint Industry Forum..."
January 10, 2007The Insurance Journal"The Park Group (AVRECO), a wholesale insurance brokerage in Chicago, has announced the hiring of Sarah Dore, CPCU, to the position of senior vice president within the Healthcare department..."
