National
Under writer
JULY 4/11, 2011
VOL. 115, NO. 24
$6.00
VOLATILE MARKET
Reinsurance Pricing Changes
Driven By Revised Cat Model
TOP STORIES OF THE WEEK
Ex-Marsh Execs File
Complaint Saying Firm
Made Them ‘Scapegoats’
Two ex-Marsh executives are accusing
their former employer of making them
“scapegoats” in allegations they engaged
in an improper kickback scheme. E Page 6
J.D. Power: Bundling Has Diluted
Effect On Customer Satisfaction
For the first time, customer satisfaction
with price is higher for those who have
separate auto and homeowners’ insurance
policies vs. customers with both policies
under the same insurer. E Page 7
Banks May Proceed With Case
Against MBIA
The N. Y. Court of Appeals ruled that
banks can go ahead with their lawsuit
against MBIA, which questions the valid-
ity of the break-up of the insurer. E Page 7
Consumer Groups Question Role
Of Industry-Employed Actuaries
On FACI
Consumer advocates are questioning
whether the Treasury Department should
include an actuary as a member of the
proposed Federal Advisory Committee on
Insurance, citing a potential conflict of
interest. E Page 8
NU Data Exclusive: Biggest Players Ranked By Underwriting Results
See page 15.
GAINING TRACTION
ERM Adoption Starting To Take Off;
Reinsurers Leading The Way
