Update: BestWeek: P&I Club Renewals Tempered by Downturn, New Rules
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February 12, 2010 Friday 03:31 PM EST
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Update: BestWeek: P&I Club Renewals Tempered by Downturn, New Rules
Marilyn S Ostermiller
OLDWICK, N.J.
(Corrects contact e-mail address at end of article.)
The potential for a new regulatory regime and a general slowdown in the international shipping business concern marine protection & indemnity clubs as they head toward their annual Feb. 20 renewals, according to an exclusive report in the latest edition of BestWeek Europe.
BestWeek subscribers also can access two new A.M. Best special reports released this week. "U.S. Life/Annuity & Health--2009 Rating Trend Review" analyzes the factors behind 69 financial strength rating downgrades and a continued negative outlook on this industry sector. "U.S. Hospitals/Health Care Systems--Financial Review" focuses on how these providers are managing and reallocating their investment portfolios -- and the anticipated result.
Additionally, this week's edition of BestWeek U.S./Canada reports that medical professional liability writers may be excluded from the congressional efforts to strip health insurers of their antitrust exemption.
Also, Regulatory Week discloses why the U.S. House of Representatives contacted the top five automobile writers.
BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, visit http://www.ambest.com/sales/BestWeek .
February 13, 2010
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