Business Insurance

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Articles in May, 2002 issue of Business Insurance

• Legal Briefs: COBRA notification requires only 'good faith' effort.
• Bush nod improves parity bill's chances; To pass, legislation likely to need paring, some say.(mental health care benefits parity legislation increases )(Brief Article)
  by Geisel, Jerry
• Australia arranges stopgap med mal coverage.(Brief Article)
  by Tomlinson, Damien
• Whistle-blower wins compensation; Railway dismissed employee who raised safety concerns.(Brief Article)
  by Aldred, Carolyn
• Benefits experts rebut report hitting cash balance payouts; Official contends that plans short-change participants.
  by Geisel, Jerry
• 2001 a costly year for Lloyd's ; American Assn. of Managing General Agents annual meeting.(Lloyd's of London; losses from World Trade Center 2001 attacks)(Brief Article)
  by Wojcik, Joanne
• Growing mold problem prompts coverage restrictions; American Assn. of Managing General Agents annual meeting.(Brief Article)
  by Wojcik, Joanne
• HRH to buy Hobbs Group; Purchase will expand broker's large-account capabilities.(Hilb, Rogal & Hamilton Co.)(Brief Article)
  by Roberts, Sally
• Late News.
• Business Insurance subscribers to have exclusive online access.(Brief Article)
• IRS clarifies auto enrollment tax issues.(Internal Revenue Service)(Brief Article)
  by Geisel, Jerry
• Online services designed to ease Kemper sales; Programs will allow agents to deal with customers more efficiently.(Kemper Insurance Cos.)(Brief Article)
  by Zolkos, Rodd
• USI to join publicly traded broker ranks; Brokerage would use proceeds to repay debts.(USI Holdings Corp.)(Brief Article)
  by Wojcik, Joanne
• Education program helps public risk managers.(Associate in Risk Management-Public Entity)(Brief Article)
  by Roberts, Sally
• States recognize catch-up law; Expected 401(k) problems avoided.
  by Geisel, Jerry
• Market finders making connections; Services helping link insurers with agents that have profitable business.(consultants)
  by Wojcik, Joanne
• Comings & Goings Buyers.(risk management and investment industry executive appointments)(Brief Article)
• Losses, new rules spur reinsurer exit from Aussie market.(U.S. companies are leaving Australia)(Brief Article)(Industry Overview)
  by Tomlinson, Damien
• Market sparks new interest in risk retention groups.(Brief Article)
  by Zolkos, Rodd
• Editorial: Cash balance report raises queries.(Office of Inspector General, report on cash balance pension plans)(Brief Article)
• Late News.(Brief Article)
• Endurance names Cash as CRO.
• Seniority trumps ADA; High court ruling favors employers but may spark lawsuits.(Americans with Disabilities Act )(Brief Article)
  by Hofmann, Mark A.
• Professionals get liability relief; Law Lords reinstate time limit on negligence suits.(Brief Article)
  by Aldred, Carolyn
• Editorial: Cost-shifting not only way to control runaway costs.(health insurance costs)(Brief Article)
• Protecting those who protect the community; In a disaster, protecting public workers a priority.(communication plan during disasters)
  by Ceniceros, Roberto
• Buffett bullish on Gen Re; Berkshire chairman credits renewed discipline.
  by Hofmann, Mark A.
• Changes in COBRA.(Consolidated Omnibus Budget Reconciliation Act of 1985 history)(Brief Article)(Statistical Data Included)
• MGAs, others flock to meeting in Las Vegas.
• Texas courts issue mixed rulings on exclusions.(Brief Article)
  by Lenckus, Dave
• Fewer integrated risk programs post-Sept. 11.(Brief Article)
  by Bradford, Michael
• Products & Services.(St. Paul Companies Inc.)(Brief Article)
• Airline RRG seeking clearance for takeoff; Equitime risk retention group to cover war risk liabilities.(Brief Article)
  by Mcleod, Douglas
• Illnesses taking toll on workers and employers; Worker education urged on threats from AIDS to hepatitis to bioterrorism.
  by Prince, Michael
• Underwriters say rate hikes critical to profitability; Aviation Insurance Assn. conference.(Brief Article)
  by Lenckus, Dave
• Klez: The gift that keeps giving.(computer virus)(Brief Article)(Editorial)
  by Zolkos, Rodd
• Cities try to alleviate skatepark liabilities.
  by Fletcher, Meg
• Late News.
• IT Perspective: Communication key to litigation savings.(property/casualty insurance industry; litigation costs)
  by Ahmed, Faiz
• COBRA subsidy bill to see vote; Benefit experts wary.(health care industry)
  by Geisel, Jerry
• Cost controllers meet goals; Successful companies attack health care costs: Survey.(Brief Article)(Industry Overview)(Statistical Data Included)
  by Prince, Michael
• Meeting attracts 580; NCCI issues symposium.
• Terrorism threat to grow, panel warns; World Economic Forum focuses on the cost of risk.(Brief Article)
  by Hofmann, Mark A.
• Lloyd's to encourage outside investment.(Brief Article)
  by Veysey, Sarah
• Blues consolidation continues; Anthem to acquire Trigon in $4 billion deal.(Brief Article)
  by Greenwald, Judy
• Queensland, NSW consider tort reforms to curb rising cost of liability coverage.(New South Wales, Australia)
  by Tomlinson, Damien
• Understanding a company's cost of capital valuable; Knowledge of finance can help risk managers get boards' attention.
  by Wojcik, Joanne
• Market finders seek to aid agents.(insurance industry)
  by Wojcik, Joanne
• Collaborative, creative approach needed for 'uninsurable' risks.(Brief Article)
  by Cacchione, Frank
• For The Record.(insurance industry news briefs)(Brief Article)
• Fleets drive new risks for public entities.(insurance risks for emergency vehicles)(Brief Article)
  by Prince, Michael
• Products & Services.
• Insurers get more time to ready for money laundering law.(U.S. Treasury Department decision)(Brief Article)
  by Zolkos, Rodd
• Open rating overhaul proposed; California comp bill would add minimum rate rule.(workers compensation legislation)
  by Ceniceros, Roberto
• For The Record.(Brief Article)
• Cat bond market fears more red tape.(Brief Article)
  by Hofmann, Mark A.
• Eliminating risk an impossible aim.(Brief Article)(Column)
  by Winston, Paul D.
• Fear of claims battles spurs D&O changes.(Brief Article)
  by Ceniceros, Roberto
• Union workers not sweet on Hershey cost shifting; Strike highlights growing opposition.
  by Roberts, Sally
• CPCU updates course requirements; Commercial or personal lines concentrations required.
  by Zolkos, Rodd
• Editorial: ADA issue remains far from settled.(Americans with Disabilities Act)(Brief Article)
• For The Record.(Brief Article)
• Unmerited praise still has its merits.(Dutch research on flattery)(Brief Article)
  by Winston, Paul D.
• HLS activists take protest to Marsh; Vendors targeted.
  by Veysey, Sarah
• Insurance fiction underwritten.(insurance in literary works)(Brief Article)
  by Hofmann, Mark A.
• MGAs report reduced capacity, tougher terms; American Assn. of Managing General Agents annual meeting.(managing general agents)(Brief Article)
  by Wojcik, Joanne
• World Updates.(Brief Article)
• Many agents frustrated by co-branding programs.
  by Roberts, Sally
• 9/11 losses raise costs, awareness of group life risk.(higher rates and potential coverage restrictions)(Brief Article)
  by Prince, Michael
• Editorial: Risk retention groups to the rescue.(Brief Article)
• Aon suing reinsurers over WTC claim.(Brief Article)
  by Zolkos, Rodd
• Directors in hot seat; D&O litigation highlighting exposure, inadequate cover of non-executive directors.
  by Aldred, Carolyn
• Costs of chronic pain rising; Treating injured workers proving expensive.
  by Bradford, Michael
• Big I changes name to reflect membership changes.(Independent Insurance Agents of America Inc.)(Brief Article)
  by Roberts, Sally
• Panel urges loss control changes; WTC findings prompt call for special construction investigators.(Brief Article)
  by Hofmann, Mark A.
• ERMC directory deadline nears.(Environmental Risk Management Consultants online directory )(Brief Article)
• Series of airplane crashes not yet worrying market.(Brief Article)
  by Lenckus, Dave
• State privacy law may force costly changes in benefit IDs; California to restrict use of Social Security numbers.
  by Greenwald, Judy
• Legal Briefs: Damages under ERISA limited by plan terms.(Borden Inc., retired workers, Employee Retirement Income Security Act; court ruling)(Brief Article)
• Cost of absence a present worry; Employers surveyed.(Brief Article)
  by Hofmann, Mark A.

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