Willis Group Holdings.
* In amongst a wide-ranging outlook for the worldwide insurance industry, Willis Group Holdings has published its findings for the aerospace sector. Amongst its conclusions, the London-based insurance broker says that as global insurance capacity tightens, rates for cover will rise substantially. Enterprises in the aerospace sector seeking insurance...

NEWS IN BRIEF.
Peso appreciates to P53.562 The peso appreciated against the US dollar to P53.562, the weighted average rate pegged at the Philippine Dealing System of the Bankers Association of the Philippines yesterday, from P53.667 the previous day. The local currency closed at P53.45. The total volume amounted to...

Fireman's Fund Insurance Co.
While we can all learn from our mistakes, learning from someone else's is even better--less costly and not nearly as painful. For example, a basic working knowledge of adequate drainage and ventilation could have saved one hotel millions of dollars. Perhaps you can learn from their experience. ...

Groups Are Redefining 'Medical Necessity'.
WASHINGTON -- A new definition of "medical necessity" is gaining support as a way to resolve ambiguity and conflicts that existing definitions can cause. Managed care plans and accrediting bodies have started to incorporate elements of a Stanford University definition aimed at achieving national consensus on "medical...

It's not so nice to share.
Lawyer C. Mitchell Goldman said that once a lawsuit is filed, the legal defense may be more difficult to pursue ("Pa. FPs Struggle to Find Coverage," Oct. 1, 2003, p. 1). If physicians report incidents early, he said, they may be able to keep lawyers out of...

GSIS to get best insurance for gov't assets.
The Government Service Insurance System (GSIS) is determined to further strengthen its capability to get the best insurance and re-insurance packages for all government property insured at P1.5 trillion. GSIS has vowed to get only the best insurance for assets of the Filipino people. It had examined...

Making insurance pay. (Marketing News).
Noninterest revenue is a Good Thing. It doesn't fluctuate with the money market. And insurance revenue is one of the more attractive forms of Good Things. And it can potentially represent a significant source of income in its own right. Bank Insurance Marketing magazine noted recently that...

Measure 23 would give universal health care.
Byline: TIM CHRISTIE The Register-Guard When it comes to the state of health care in Oregon, it's hard to find defenders of the status quo. Working people and business owners face health insurance premiums that once again will be heading skyward in 2003. Seniors scramble...

Health Plans, Others Defining 'Medical Necessity'.
WASHINGTON -- Managed care plans and accrediting bodies have started to incorporate elements of a Stanford (Calif.) University definition that seeks to achieve consensus in "medical necessity" decisions. The state of Hawaii went so far as to include the definition in its new patient's rights law. "We...

Business Beat.
Byline: The Register-Guard PEOPLE Gale Hart has joined Cricket Communications in Eugene as general manager. She has more than 11 years of experience in the wireless industry. Hart is responsible for developing and directing operations, sales and marketing in Oregon. Paul Jensen has...