8 Agents welcome windstorm debate

Insurers warn against subsidies

10 Safeco to cut homeowners, commercial rates

200,000 Calif. customers to benefit, company says

10 Ariz. lawmakers move to raise burden of proof on ER suits

Identical bill vetoed by Gov. Napolitano last year

11 Superior Court upholds CDI homeowner protections

Insurers may not depreciate cost of labor when paying claims

11 FEMA tripling Calif. San Joaquin River flood plain

Move could force more homeowners to buy flood coverage

12 Nev.’s med-mal changes help doctors, hinder lawsuits

Reform efforts brought more insurers to state

12 Utah’s captive industry grows

Number of insurers rose 114.3% in 2006

16 Wash.’s legislative agenda targets license reform

Commissioner calls current system ‘antiquated’

18 Insurer run-off management strategies face obstacles

Study says recent high-profile exits have put a spotlight on liabilities

22 Sullivan Group’s chairman shares insight on regulatory matters

Reinsurance collateralization, surplus lines reform top concerns

26 A look behind the very good P/C results for 2006

I.I.I.’s Hartwig discusses why it could be the best year ever

N2 Congress gets bipartisan bills to repeal antitrust immunity

Industry says eliminating exemption will hurt competition

MARKET FEATURES

N4 Spotlight: Hospitality

Hospitality industry faces more than just traditional P/C losses

N11 Closer Look: Directors and Officers Liability

D&O experts show little tendency to drink from glass ‘half full’

N15 SPECIAL REPORT: Surplus Lines: Coming to the rescue

States get ready to modernize surplus lines regulation

N18 Exclusive: Market Survey

Top 25 P/C premium gainers

N22 Hospitality Risks Directory

68 Corporate governance, capital drive D&O liability prices down

Advisen report says D&O rates should continue to plummet

72 The Commissioners: New Mexico’s Morris Chavez

New regulator hopes to restore transparency, honesty and integrity

76 Industry leaders debate federal versus state regulation

PLUS panelists discuss possibilities under a Democratic Congress

IDEA EXCHANGE

N8 International Insider

Chubb’s Ellis says D&O coverage is taking on a new direction

N39 Brokerage Watch

Stock prices mixed; middle market M&As remain active

N40 Growing Your Property Casualty Agency

Five casual ways to pump up CSR sales

80 Should D&O insurers have a loss prevention role?

Most insurers do not and are unlikely to offer anytime soon

90 Closing Quote: Resetting punitive damages

Judge L.T. Senter’s ruling on State Farm damages

DEPARTMENTS

6 Editor’s Note

14 People

20 Business Moves

82 New Markets

84 Case Law Watch

86 Fraud Roundup

90 Closing Quote