P&C News for 8/22/2005

State Farm Case Said To Spotlights Problems
The Illinois Supreme Court decision overturning a class action lawsuit against State Farm and a $1.1 billion damage award points out defects in the law governing class actions, insurance industry groups said. click here for entire article.

Florida Home Writes Face Surcharge
Florida 's homeowners' insurance writers face a 6.8 percent premium assessment to make up for the deficit run by the state's homeowners' insurer of last resort. click here for entire article.



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Airline Hull Cover Costs Decline Despite Accidents
The recent spate of airline accidents has not yet translated into increases in airline hull insurance, said an executive at Aon, out of London; however, the broker did not rule out increases for fourth-quarter renewals. click here for entire article.

Willis & Highline Data To Team On Reports
Willis Group Holdings and Highline Data, LLC, are teaming up to develop and distribute analytical reports on insurance entities. click here for entire article.


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