Reinsurance: a risk transfer weapon of tomorrow: for primary carriers, reinsurance is a secure, efficient way to transfer risk that has no equal in financial services.
Arguing that reinsurance companies are obsolete and that their importance to the world's primary insurance markets can be discounted is a little bit like arguing that most major league rosters would be better off without that 35-year-old veteran left-hander they re-signed last year. Sure, his fastball isn't...

GNA/ANA benefits.
Just some of the many discounts and privileges for GNA members: New: ANA Wireless Center--Many FREE phones and savings up to $100 on selected wireless phones. Bank of America products--Enjoy all of the benefits of banking with Bank of America through the GNA-branded checking accounts...

Will the liability market turn? The great subprime lending meltdown of 2007 will make life in 2008 a little more difficult for excess professional liability carriers. But will lawsuits be serious enough to turn the market?
[ILLUSTRATION OMITTED] Summary * One expert says premiums of professional liability coverage may level off after several years of softening because of the subprime mortgage meltdown. * The legal costs related to the sorting out of who was at fault will be very...

Questions about daily risk: first steps in developing a risk management process.
PROFESSIONAL-LIABILITY MALPRACTICE CLAIM AGAINST a dental hygienist who is not adequately insured can be a financially devastating experience. Even a frivolous allegation can result in crippling defense costs that no individual should have to bear. The sponsored insurance program of the Canadian Dental Hygienists Association (CDHA) was established precisely...

Did words 'malpractice liability insurance' warrant new trial?
ON FEBRUARY 6, 2000, FELICIA WELLS BEGAN HAVING CONTRACTIONS AND WENT TO WOMAN'S HOSPITAL. Dr. Charles Bush performed a Cesarean section delivery of Felicia's daughter, Amari. On February 12, Felicia experienced pain and bloating in her abdomen. She maintained that her doctors told her that she was experiencing normal...

Maryland passes insurance rate stabilization fund; measure contains new requirements for expert witnesses and cap on some noneconomic damages.
As physicians push for professional liability reform at the national level, the Maryland legislature signed off on a bill aimed at halting rising malpractice premiums. The centerpiece of the legislation is a rate stabilization fund for medical professional liability insurance that will be funded through a tax...

Is your business shielded from liability and property risks?
Byline: TARA PROPPER Is your business shielded from liability and property risks? COMPILED BY TARA PROPPER This month's Peer2Peer addresses a critical business subject: how you shield your business against liability and property risks. While insurance can't prevent losses from occurring, it is...

Philadelphia Insurance Companies' President and CEO, James J. Maguire, Jr. and Executive Vice President and Chief Marketing Officer, Sean S. Sweeney to Speak at Merrill Lynch Insurance Investors Conference.
BALA CYNWYD, Pa., Jan. 31 /PRNewswire-FirstCall/ -- Philadelphia Consolidated Holding Corp. today announced James J. Maguire, Jr., President and CEO, and Sean S. Sweeney, Executive Vice President and Chief Marketing Officer will present at the 2007 Merrill Lynch Insurance Investors Conference in New York City on Tuesday, February 13,...

Lawyers may get cover for professional errors.
Byline: Rajat Guha & Gireesh Chandra Prasad NEW DELHI: There is good news for lawyers and companies that make big investment decisions based on their advice. The government is thinking of making it mandatory for lawyers to be insured against claims for damages from their clients who...

Maryland is addressing malpractice premiums.
As physicians push for professional liability reform at the national level, the Maryland legislature signed off on a bill aimed at halting rising malpractice premiums. The centerpiece of the legislation is a rate stabilization fund for medical professional liability insurance that will be funded through a tax...