Usage-based ‘Telematics’
Programs Offer Savings, Accuracy
Page 22
TOP STORIES OF THE WEEK
Venue At IIABA Meeting
House Speaker John Boehner slammed
President Obama’s deficit proposals
and warned of a “regulatory juggernaut”
coming out of Washington. His speech,
which drew rousing applause, also
attacked Dodd-Frank. � Page 19
CRUEL TWIST
Tornadoes Leave Trail Of Devastation & Death
From Oklahoma To North Carolina
See page 7.
PCI Files Brief In Climate-Change
Case Before Supreme Court
Insurance-industry lawyers are calling a
global-warming lawsuit based on nuisance
laws “the most significant case for the
property and casualty insurance industry
before the U.S. Supreme Court this term.”
� Page 8
P&C 2010 Net Income Up, But
Underwriting Results Deteriorate
While private U.S. property and casualty
insurers’ 2010 net income rose to $34.7
billion from $28.7 billion the year before,
the industry’s net losses on underwriting
for the year grew $7.4 billion compared to
2009. � Page 10
Nelson To Replace Lord Levene
As Lloyd’s Chairman
John Nelson is to be appointed the next
chairman of Lloyd’s, replacing Lord Peter
Levene in October, the Council of Lloyd’s
says. � Page 8