National
Under writer
HARD MARKET HERE
Or so declares
The Council,
as rates are up,
admitted
appetite down
Page 6
TOP STORIES OF THE WEEK
Insurers Face New
Regulations from Fed
Insurance companies that own or
operate a savings & loan will face fresh
oversight from the Federal Reserve
Board, which is creating a process to
examine financial institutions that have
significant banking assets. E Page 8
TREATING
HEALTH-CARE
Insured Losses Mount
After April Tornadoes
Due to severe-weather events in the
U.S., global insured losses for the
month of April are close to $1 billion,
according to Aon Benfield. E Page 10
RISK
AJG Exec: Health-Care Law
a Boon to Big Brokers
Arthur J. Gallagher’s CEO says the
new federal health-care law is a huge
opportunity for large producers as
smaller benefit brokers struggle with
compliance issues. E Page 12
New E&O Programs Fill Cover
Gaps for Small Contractors
For plumbers, painters and electricians,
simple disputes can easily escalate into
survival-threatening exposures.
E Page 24
Three risk managers
discuss emerging pain
points for the industry—
and what they’re doing
to alleviate them
See page 14
IMPLEMENTING ERM
The steps to developing
a sophisticated,
companywide approach
to balancing
risk & reward
Page 19
