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BestWeek: Coverage Spotlights Industry Impact of Dem Victories in House, Senate.


OLDWICK, N.J. -- Exclusive coverage in the November 13 issue of BestWeek looks at the impact Democrats' victories in the Senate and the House will have on the insurance industry. Players will need time to get to know the dozens of new faces coming to Congress as part of the electoral surge November 7 that allowed Democrats to pick up 32 seats and control of the House of Representatives. But when control of the House officially is handed over early next year, the members expected to take the reins to take the guidance or government; to assume control.

See also: Rein
 of those committees that most affect the industry already are familiar faces, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 one article in BestWeek.

Insurance industry advocates noted the value of a bipartisan lobbying approach, as a concession of defeat by Senator George Allen George Allen may refer to:
  • George Allen (U.S. politician) (born 1952), former Republican United States Senator
  • George Allen (athlete), American college and professional football player
  • George Allen (football) (1918–1990), American football coach
, R-Va., granted Democrats control of both houses of Congress for the first time since 1994.

Challenger Jim Webb's win leaves Republicans and Democrats evenly split at 49 members each. However, the chamber's two independents, Bernard Sanders of Vermont and Joseph Lieberman of Connecticut, both have said they will caucus with the Democrats, giving the party the 51 votes it needs to claim a majority.

Also featured in BestWeek is Best's Insurance Composite Index Composite Index

A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite".
, which finished the week of Nov. 9, 2006, at 1,180.72, up 5.09% from a year ago. The composite index reflects the performance of 133 insurance stocks. The week's top performers were KMG KMG Kerr-McGee
KMG Koi Mil Gaya (Hindi movie)
KMG Kunming, China - Kunming (Airport Code)
KMG Kent Messenger Group (UK) 
 America Corp.; Philadelphia Consolidated Holding Corp.; Unitrin Inc.; Markel Corp.; and Erie Indemnity Co. The week's bottom performers were Scottish Re Group Ltd.; Humana Inc.; National Interstate Corp.; UnitedHealth Group UnitedHealth Group Incorporated NYSE: UNH is a managed health care company. It is the parent of United Healthcare, one of the largest health insurers in the U.S. It was created in 1977, as UnitedHealthCare Corporation (it renamed itself in 1998), but traces its origin to a  Inc.; and Penn Treaty American Corp.

BestWeek is published by A.M. Best Co. for insurance professionals.

To subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 BestWeek, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 10, 2006
Words:340
Previous Article:Matria Healthcare to Present at Lehman Brothers Third Annual Small Cap Conference and Credit Suisse 2006 Healthcare Conference.
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