BestWeek: Insurance Lobbyists Spending More to Influence Congress.OLDWICK, N.J. -- Insurance companies and the trade groups that represent them on Capitol Hill are spending on lobbying at a pace that puts them on track to far exceed comparable outlays Outlays Payments on obligations in the form of cash, checks, the issuance of bonds or notes, or the maturing of interest coupons. in 2005, 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. an exclusive report in the August 28 edition of BestWeek that names the biggest spenders and the issues they are following. And, on the first anniversary of Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. , the extensive
changes that record-breaking storm has caused among insurers and state
regulators are detailed.
Also featured 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 August 24, 2006, at 1,123.35, up 6.32% from a year ago. The composite index reflects the performance of 132 insurance stocks. The week's top performers were Scottish Re Group Ltd., Citizens Financial Corp., Penn Treaty American Corp., Specialty Underwriters' Alliance Inc. and Mercer mer·cer n. Chiefly British A dealer in textiles, especially silks. [Middle English, from Old French mercier, trader, from merz, merchandise, from Latin merx Insurance Group Inc. The week's bottom performers were Gainsco Inc., Infinity Property & Casualty Corp., Direct General Corp., Bristol West Holdings Inc. and Atlantic 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. |
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