National
Under writer
WORKERS' COMP
CASE STUDY
Kennametal Cuts Costs By 50%
With Enhanced Loss Prevention
Page 19
TOP STORIES OF THE WEEK
Weather A Factor, But Not
Automatic Loss For Companies
Weather losses continue to be a factor
in companies’ second-quarter results,
but the ultimate impact on net income
varies depending on the size of the company and the lines written. E Page 6
UK Riot Loss Estimates Rise
To Over $300M
The Association of British Insurers says
it expects insured losses of more than
200 million pounds (about $328
million) from claims connected to
the rioting and looting in London
and other cities recently. E Page 7
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Conn. Commissioner:
No Apologies For
U.S. Regulatory System
Connecticut’s top insurance regulator
says the United States needs to “stop
apologizing” for its regulatory regime,
stating that it has worked “remarkably
well” through troubled times. E Page 8
WORKERS’COMP
RISK
MANAGEMENT
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IN
Sponsored By NCCI
Soft Market Reaching Bottom,
RIMS Report Says
A survey on four commercial lines sug-
gests that the soft market may be bottom-
ing out, according to the Risk and Insur-
ance Management Society Inc. E Page 10
Photo Compilation by Kelly Farrar
The Winning Way: City Sees Substantial Savings
With Its Unique Approach To WC Program
See page 14.
STATE OF WORKERS' COMP
NCCI's Stephen Klingel Finds
Uptick In Claims Frequency
“Disturbing Development”
Page 27