National
Under writer
THE LEADER IN PROPERTY & CASUALTY NEWS
PropertyCasualty360.com
MARCH 7, 2011
VOL. 115, NO. 8
$6.00
NAPSLO CONFERENCE
REPORT
Courts Split Over Drywall Claims Surviving, Thriving In Tough Times Page 27
TOP STORIES OF THE WEEK
Chartis Sees $5B Underwriting
Loss On Reserve Charge
Standard & Poor’s Rating Services lowered
Chartis’ counterparty credit and financial
strength ratings as a result of the compa-
ny’s $5.2 billion fourth-quarter underwrit-
ing loss. E Page 6
NZ Quake Loss Estimates
$3.5B-$12B
Losses from the magnitude 6. 3 earthquake
that struck Christchurch, New Zealand in
late February could total as much as $12
billion, according to one estimate.
E Page 7
Can Charlie Sheen Be Insured?
Lorrie McNaught of Aon/Albert G. Ruben
weighs in on whether the actor is still
insurable after his recent escapades.
E Page 8
NFIP Reauthorization Bill
May Be Near
A House hearing has been scheduled on
the status of the National Flood Insur-
ance Program amid signs that legislation
reauthorizing the program will soon be
re-introduced. E Page 10
Legal Rulings Leave Lingering Confusion On What Constitutes An Occurrence
See page 14.
OVERSIGHT ANGST
Large Carriers Fearful
Of The Feds
Page 32
WASHINGTON WATCH
