New York Insurance

Mayor Rudolph W. Giuliani say that the people of New York were treated in a manner ungerecht””von insurance companies (news articles, August 23) will not be supported by the facts.

We are pleased that the car theft in the city a reduction of 50 per cent since 1990. But mayors by saying that this should lead to a reduction of 50 per cent in the auto-insurance rates shows a lack of understanding about how insurance premiums are set.

Advanced coverage, protection against car theft, fire, vandalism and damage caused by the weather, is only part of the entire insurance premium car - only 18 percent of the average the premium in New York State for 1990-94. Therefore, car theft is only a portion of risk in the calculation of the overall premium.

Most importantly, auto insurance premiums in New York by the National Insurance Division, which reviews all applications to assess, before it takes effect and requires all insurers to justify their rates. New York has a right to excessive profits, borders on insurance win a victory. The Audit Division, in collaboration with the legislative powers of the division of surveillance to ensure that insurance rates reflect the underlying costs of insurance products.

If the reduction in flights is a trend and not a Blip in the short term, there is a premium. It does not mean that large Premium Mayor Giuliani proposed reductions.

The Board of Education brushed aside the mayor Giuliani the requirement that schools Chancellor Ramon C. Cortines, if it remains limited to one year duration and specific performance targets. Carol A. Gresser, President of the Board of Directors, said the mayor had withdrawn its opposition to the contract extension of Mr. Cortines, was not able to dictate conditions. A1.

Then a clerk be effective without the confidence of the mayor? News-Analysis, B6. New York City, a new concept for Medicaid

The Giuliani administration for the sharp reduction in health and social services for the poor is a new concept for an old problem: how, in New York City from the burden of Medicaid. In addition to trying to state a greater share of costs, it would simply bar approval of expenditures in the city of the Federal Republic programme of nearly one third. News-Analysis, B3. Rikers 12 wounded in combat aboard GANG

At least seven passengers were covered and five others wounded when two rival gangs clashed in what’s Rikers Island prison unit the hardest, New York City correction officials said. B3. Autistischen adolescent ARRAIGNED in death

As he was arraigned on a charge of launching its 5 months the death of his nephew from the window of his Upper West Side apartment, Michael Holmes, an autistic boy saw his mother in the courtroom, Hängebrüsten body with sadness, and he began, according pleurnichant act, his arms and head Bobbing. B2. Region automobile insurance covers TIR

The New Jersey Supreme Court, in a 4-to-3 opinion, that a victim of a drive-by shooting has the right to medical benefits under his father, automobile insurance. B5. National judicial system for New Jersey

Dir Christine Todd Whitman signed the legislation, New Jersey, finally, the national system of jurisdiction provided for in the Constitution of 1947 and believes that the hope of alleviating taxes as well. The new law will be county employees 7700, in the courtyard of the State pays the list of 1999, an annual saving on the counties of $ 326 million. B5. The death, which gives a lifetime

A good number of people on the streets Hängebrüsten the East End in Newburgh, NY, to believe that Terry Orzechowski east of Our Lady of Comfort. It is, on the one hand, spoke homeless people, prostitutes on the streets, battered women, went to the loss-down Betrunkenen that most people crossing the street to avoid. When she opened the shelter, the man thought she was invincible. Everyone is expected to knock on breast cancer, too. But what cancer was and went and again, despite all its battles. Our cities, B5. Kitsch tugs accused of intimidation

The owners of more kitsch Putnam County tugs were charged with arson and intimidation to keep customers and competitors fear. B5. Auto emission rules set by the East

In an effort to pressure auto makers to sell cleaner cars nationally, the Environmental Protection Agency said it would 12 countries of the East of California introducing the strict auditing standards gas exhaust of cars sold within their borders.

Looking Reduce your auto insurance assessment? Are you are moving.

The assurance of the economy is in a new study confirms what some consumers have long suspected: Where You Live affects the prices of premiums.

For example, car owners in Miami, New York City and Newark, New Jersey, where a quantity of stolen vehicles, as a general rule, pay bills heftier insurance as a driver in other cities.

In the largest study of this type, industry Highway Loss Data Institute review of insurance losses due to theft, vandalism or forces of nature, such as floods, for vehicles of less than 3 years in hundreds cities of the country more than a dozen years. He continued loss of 3 million cars.

The losses vary as much as $ 250 per year on average per registered vehicle from town to town. These costs are higher for consumers premium on the full participation of their insurance policies, insurers say.

The dubious of the highest distinction in losses the last three years, was not one of the largest metropolises of the nation, but Grand Forks, ND, the soil was zero in recent years massive flooding if the Red River broke its banks. There, the overall loss, on average, a map festive indicative $ 315

Was second place in Miami, a city with a large number of requests for car theft, $ 286 per vehicle.

During the 12-year span, the losses suffered by vehicle in Miami amounting to $ 69 for the year 1985, while those in New York and Newark, NJ, culminating surface, a few years ago, but Generally, remains high at $ 168. Losses in many cities in Texas has decreased, especially in Houston from $ 139 to $ 56 Texas has a large auto-theft prevention.

Losses to San Diego and Los Angeles have recently gone up to $ 97 and $ 89, respectively.

The part of a comprehensive policy covers noncollision auto damage. The flights of dollars each type of loss.

“If you live in a region with a high rate of insurance claims and theft to protect, then your premium will be higher,” said Dave Hurst of State Farm, the nation’s largest auto-insurance. “There are major differences in insurance rates and complete a portion of them is geographically to understand. Furthermore, like many of the car is worth, has much to do.

It is too early to say whether the North Dakota floods’s probably a disaster in the region auto insurance rates, insurers tend to set their prices based on a regional history over several years.

But trends flight showed that man to pay the full insurance.

For example, a residence in Miami with a good car able to reassure on th point of a comprehensive strategy for a 1997 Ford Taurus or Honda Accord for $ 278 a year with State Farm.

In comparison, Lima, Ohio, a Top Five city at least up to noncollision insurance, had an average loss of $ 36 per insured vehicle. A residence in Lima with a good round of global insurance a State Farm Agreement for a 1997 Taurus or $ 62 per fifth of the cost of residence in Miami.

Saying the police and insurance companies with major port cities, including Miami and New York, are vulnerable to car theft, because vehicles are stolen more and more to overseas. The stolen cars for shipment are generally more expensive luxury vehicles, while prices on the Mexican border, another Hot Spot, are usually, Sport Utility Vehicles, or pick-up, officials say.

Dinkins mayor and city councillor leader agreement on a proposal to establish an independent body to investigate complaints of police misconduct. The compromise provides for a New York City’s most polarizing racists and responsible, has been competitive in the polls and in the streets: judges, he agrees that the actions of police officers - police personnel or outside? A1. Guest compromises Board

The agreement on the establishment of the independent body of civilians aboard is remarkable in many respects, as separation The problem was in New York City. News-Analysis, B3. Not Guilty of Crown Heights case

A black teenager represented by his lawyer as a “sacrificial lamb of animals” in a city suffers from racial hatred was acquitted of all charges in the killing of a Hasidic scholar in Australia for three nights of racial violence Brooklyn’s Crown Heights section of the difficult summer of 1991. A1. Two families react. B2. Summonses issued in defamation suit

Five staff members of the City Council President Andrew J. Stein was quoted in deposits appear today in the defamation suit files Randy Daniels, resigned as vice-mayor of New York this week, following a charge of sexual harassment. B3. CN ST. Patrick’s Day Parade?

With the Ancient Order of Hibernians exercise its historical role as a sponsor of the St. Patrick’s Day Parade, during the next year, the parade could be real danger. B3. WOOED black region in the Senate race

If swallowed, on the steps of City Hall in back-to-back attempts to woo minority voters in a close race for the Senate USA, Mr. Alfonse D’Amato and Robert Abrams yesterday while surrounded by black with support and tries to assert that the protective mantle of the poor, oppressed and the working class. B5. Bands played at Glen Ridge Trial

In a surprise move, prosecutors in Glen Ridge sexual assault trial placed in three evidence that the tape recordings of the defence lawyers have said clearly that their clients. B6. Turn on auto insurance

In a surprise today to vote for a gubernatorial veto, Republicans control the Legislature repealed a section of automobile insurance State would have the right to prevent insurers tax rates depending on age, sex, family status and residence. B6. A vote on the death penalty

Four years after the New Jersey Supreme Court said it was unconstitutional to execute a defendant did not intend to kill his victims, the voters of New Jersey is to decide if a constitutional amendment to allowing executions in such cases. B4. Cuomo and his shadow

Governor Cuomo pushes people to vote on the proposal for its $ 800 million of bonds jobs. And almost everywhere he goes, it is also the State Comptroller Edward V. Regan. B5. Our cities Andrew H. Malcolm B6 Chronicle B7

Brooklyn: SERIAL rapist tent, the police has appealed to the public last night for help in finding a man, they feel, a series of sexual assaults in Brooklyn. The man, described by police as black, in his 20’s, is 5-foot-8 to 5 feet-10 and weighs about 170 pounds, met first on Thursday, when he robbed and raped a woman 17 years in the Near Avenue J and East-80’s in Canarsie. The police believe the same man raped and robbed a woman of 20 years, early Saturday morning in the same region. In recent attacks, he robbed and sexually abused a woman aged 18, near Rockaway Parkway, Monday evening, police said. The man was last seen wearing a blue jeans jacket, a red do-RAG and a baseball cap blue.

Sabrina Tavernise (NYT)

ALBANY: The meeting speaker, Sheldon Silver, yesterday called public hearings to discuss Dir George E. Pataki ‘of the proposed extension of the Jacob K. Javits Convention Center and the development of the West Side of Manhattan. The whole project is planned at a cost of over $ 7 billion euros to pay with a combination of public and private money. In its proposal, Mr. Pataki proposed an increase of 5 percent tax on car rentals at airports to help pay the costs. Silver said Pataki had something in the kind of details, and a consultation was needed. “I have serious doubts as to demand massive financial investment in this proposal, as well as concerns about the supervision and Quality of Life,’’said money. Marc Santora ( NYT)

Manhattan: BODY IN Trunk is the woman who has a root in the East Village, on Sunday was found yesterday as a homeless person with a history of drug arrests, according to authorities. The police identified the woman as Myrna Gonzalez, 45, and said they were arrested at least 18 times on charges related to drugs. His body was found at about 4:25 pm on Sunday, when a man arrested homeless people to inspect a tribe living in a freer gejätet much to the east of East 13th Street, Third Avenue. The trunk was wrapped with elastic cable, telephone cables industrial son and, through him. Neighbours said the root since there were at least several hours. An autopsy determined that the woman had been stranguliert. Any information on the death of Ms. Gonzalez was invited to crime stopper hotline 1-800 577-TIPS (1-800-577-8477). Michael Wilson (NYT)

MANHATTAN: schools and the city of Sarah Jessica Parker of “Sex and the City” was Mayor Michael R. Bloomberg, Caroline Kennedy and other officials yesterday for the financing of education in the city. They announced plans for a great day for the city to sell the money for public schools. Proceeds from the “Get New York organized the” Day sale is scheduled for October 16 and 17 in Central Park, go to non-profit funds for public schools, according to Mrs. Kennedy, money for school and the school library improvements sports programs. (AP)

Manhattan: medium Stabbing A man was charged in November stechenden kills a colleague in a fight on the distribution of income a discount-Bus Service in China Town yesterday, pleaded guilty to second degree murder and injury assets. The defendant, Lei Chen, 25, Indianapolis, a partner of the bus company, discussed with the victim 31 years, Li Zhen Ji, one of its drivers, as it was on the pike and Henry Streets, then covered him nine - periods which authorities said. An Immigration and Naturalization officer saw two men in combat and M. Chen gunpoint, arrived at the police. Penalties is scheduled for July 20 the Supreme Court of the State in Manhattan. Susan Saulny (NYT)

FORT Drum: THANKS TRUPPEN President Karzai Hamid Karzai in Afghanistan, visited Fort Drum in northern New York yesterday to give its staff by soldiers of the 10 Gebirgsdivision for his role in Afghanistan. President Karzai was on the path of the Group of 8 summit in Georgia, requested the visit, which was the first ever, on the basis of a foreign head of State. In a speech 10 minutes, he read the names of 11 soldiers of the division, died in Afghanistan and, later, attended the ceremony of the Silver Star and Purple Heart specialists Victor Thibeault. While in Kandahar, Afghanistan, the soldier had packed threw a grenade was that in its automotive and industrial, it has its headquarters, instead of a busy market. “We are moving towards lasting stability and democracy,” said Karzai than 1000 soldiers. “And while it would not have been possible without your help.” Michelle York (NYT)

CONNECTICUT

HARTFORD: insurance for the repatriation of VÉTÉRANS State officials have sent a letter to insurance companies to recall that, even auto insurance for soldiers returning to active military service. Insurance Commissioner Susan F. Cogswell, sent the letter yesterday, there were no reports on these problems in Connecticut, but she wanted to avoid the problems caused when members of the army to cancel auto insurance to their homes across the Atlantic . (AP)

Shortly before Thanksgiving, Eric R. Dinallo, insurance regulator of the state of New York, has something unusual. He called E. Warren Buffett ‘right hand on insurance, Ajit Jain, and suggested that a new company to provide municipal bonds in New York.

Mr. Jain, monitors, one of the biggest insurance portfolios in the business to a subsidiary of M. Buffett’s Berkshire Hathaway holding company, was surprised. He never had the assurance of a regulatory authority proposes a new idea.

“I thought Gee, I wonder what he calls deplorable,” said Jain, said in an interview Tuesday.

In a little over a month, Mr. Dinallo by bureaucracy had cut the issuance of a license to sell Berkshire insurance bond, municipalities in New York.

In the last days of December, when the financial ability of the rating of obligations of the former insurance companies have been under pressure and insurers have been forced to additional presentations in the capital, M. Buffett announced the launch of his new company, Berkshire Hathaway Insurance Corporation.

The new company sells its first Tuesday of insurance, a loan of $ 10 million, New York City. “We are tip-toeing on the market,” said Jain said, “because of very small transactions. We want to see if we pricing, which we acceptable to us. Once we find them, it is true we are in a far more Capital “.

The insurance regulatory authorities of the rule with a multitude of attention, is well below the radar. Not Mr Dinallo. He was the Superintendent of Insurance in New York for less than one year. His work, he said, is the promotion and protection of the Insurance Company customers and opportunities to do both.

“It is 180 degrees with the exception of regulatory authorities, I have treated,” said Jain. “He is a man in a hurry. There is constant pressure. He called me personally and its height. He said: “This is a very important issue for me personally and for the department.

If Mr. Dinallo phone, he thought heavily on the insurance service. New York City, governments and other common issues above $ 32 billion per year in bonds. The granting of a credit Subprime crisis had begun to reverse the surrender insurers to borrowing, and Mr. Dinallo was able to see a time when it may not be able to sell bonds for a project like a bridge, a highway, or maybe a sewer system. “I had to make sure we had sufficient capacity to guarantee municipal bonds,” said Dinallo.

Mr. Dinallo was aware that the financial strength was essential to guarantee insurance business and Berkshire Hathaway, the highest rating Triple-A. The municipal borrowing depends on the Triple-A-Rating. Buy cities of the insurance provided that the insurers’ Triple A Rating gives its obligations. With the highest level of assessment and almost no risk, the city of issuing bonds can pay less interest for its loans.

Take New York City, for example with a double-A-Rating. It could pay $ 15 million to 20 million dollars to ensure a billion dollars in loans. But the Triple A Rating, lowest interest rates would more than offset the cost of insurance. The Triple-A Rating would also have links more desirable than many investors and the best of all, Berkshire, there would be a bit of luck, a payment in the insurance sector.

It turned out Berkshire Hathaway has tried to find out how they capitalize on the problems in the municipal bond market and was ready to move when the phone rang. The two sides met at a meeting in New York. “We talked very quickly reached and we are on the basis of a series of questions,” said Jain.

Some snags was quickly overcome. For a New York company, Berkshire, with its principal insurance subsidiaries in Stamford, Conn., technique that would require new models to its offices in New York. But Mr. Dinallo agreed that Berkshire, a token office in New York and made the most of their work in Connecticut.

For its part, Berkshire agreed to $ 105 million capital to start, $ 30 million more than the minimum required in New York. But “to reduce the amount of the capital, captured in unity,” said Jain, Mr. Dinallo developed a way to Berkshire to increase their leverage that will, more than the usual boundaries of reinsurance, insurance or the risk of new acquisitions.

“Normally, the insurance regulatory authorities take some general books and show you some clause on the page that way and, thus, and tell you why something is not possible,” said Jain.

Mr. Dinallo, 44, and his studies at New York University Law School, is fairly new to ensure uniformity. But he learned how to break china for what he sees as the public good as a senior consultant Eliot Spitzer, if Mr. Spitzer, New York State’s Attorney General. He spent three years learning about the regulation of banks as Director of Regulatory Affairs at Morgan Stanley.

For a year before his former chief was elected governor, M. Dinallo served as General Counsel for the Willis Group, one of the smallest, but feistiest of the world’s leading insurance brokerage, a group of companies that Mr. Spitzer was unhappy. Mr. Spitzer has laid the broker conflicts of interest and forced them to spend hundreds of millions of dollars in sanctions.

State Senator James E. McGreevey unveils its first television advertising with what his strategists say today, its embassy in the next six weeks: the state of the economy could be stronger, but New Jersey voters still pay some of the most Senior Car insurance and real estate taxes in the nation.

By highlighting these two themes, polls show awards are now the biggest concerns of voters, Mr. McGreevey, the Democratic governor-designate, is trying to undermine Dir Christine Todd Whitman’s campaign theme that the state in the right direction under his leadership.

”If the governor does not say that things are great?”, Says Thomas Oppel, Struble Oppel Donovan, a political consulting firm in Washington, that the board is Mr. McGreevey campaign for Governor.

”We say today that this is another page of history, and these are questions which they do not speak.”

The governor of the campaign, aides, it offers a quick retort. ”I’ll go out and see the sun rise,’’said Pete McDonough, a spokesman for Mrs. Whitman’s campagne”et foot and outside to see the sky.”

As a result of motor insurance in the centre of his re-election campaign during the summer, Governor Whitman has been tried for the campaign by far the debate in the direction of their insurance and benefits during its first mandate.

In his first TV ad released last week, Mrs. Whitman cited her record to say that lower taxes, the economy, reduce crime and receiving welfare to work. In another city, published this week, she criticized Mr. McGreevey, the increase in taxes as mayor of Woodbridge Township, and for voting in favor of Dir Jim Florio’s $ 2.8 billion increase in value added tax in 1990.

Indeed, Ms. Whitman has benefited, within the Office, at a time when the economy of New Jersey is faster than New York and Connecticut.

But although New Jersey has recovered almost lost jobs during the recession of late 1980 and early 1990’s, Mr. McGreevey often said, most of the profits have been lower wages in employment, which are not the same wages and benefits than jobs in production, has been lost.

And while the state’s economy is now bustling, the cost of living in New Jersey has become more expensive, a question, Mr. McGreevey advisers have said, they would have in the campaign.

”There are two new jerseys,’’said Douglas E. Schoen, of Penn, Schoen & Berland Associates in New York City, Mr. McGreevey opinion researchers. ”It is the one from New Jersey, the whirlwind, but it is also a New Jersey, where people are not likely to bring their property or their taxes automatically insured. People feel squeezed out.”

In his message, Mr. McGreevey tries Mock the governor of their claims on New Jersey’s healthy economy.

At the beginning of his body, an actress with the back of the aircraft, includes an overview of the Governor, the waves are often a sign, sports fans, who said,”We”# 1

”Yes, New Jersey’s No. 1,’’said an announcer sarcastically, before being given the costs for taxes and auto insurance.

The 30 second spot also cites another problem M. McGreevey’s consultants expect to focus on the following points: management Whitman’s grant of $ 2.76 billion in loans earlier this year, the largest loan State history. Borrowing from a deficit in the pension plan of State that the governor had contributed to less money in the pension, insurance as a mathematician said, was necessary. Taxpayer pays more than $ 10 billion over the next 35 years to pay resulting from borrowings.
Mrs. Whitman has defended the loans and said that taxpayers money over the long term.

In another campaign development, independent of the Office of Legislative Services, which analyzes the costs and feasibility of the proposed national legislation, said today that the proposal by Mr. McGreevey to reduce automobile insurance rates by Decree-law could be unconstitutional. His proposal of 10 percent above-board Premium is the focal point off its plan to reduce auto insurance rates.

Analysts have also said, McGreevey plan, an executive, in part, that all insurance companies of their tax rate niedriger”würde probably by the governor of the Authority.”

Mr. McGreevey aid the campaign, according to analysts from the recognition that was requested by a Republican Senator from the State, Gerald Cardinale of Bergen County, is chairman of the Senate committee, invoices for insurance. Mr. McGreevey staff said he thought that his proposal to judicial review.

How leaders insurance authorities, politicians and all groups of consumers in the struggle to control skyrocketing costs of automobile insurance, a new study suggests that maybe the wrong direction.

Insurance premiums are high in Los Angeles and Philadelphia are not primarily because of congestion, vehicles against theft and break-ins, commonly believed that insurance-sponsored study said. A larger reason is that drivers in accidents in these places rather file injury claims and complaints of pain and suffering far more than other drivers. Prices go into these areas that the insurer trying to stay before increasing frequency and amount of payments for medical expenses and other charges.

Many basic research, lessons learned from the accidents of thousands of discs American motorists Insurance Research Council, supported by the organization of industry, there was not a surprise. But the Council said it was aufgeschreckt to find large geographical differences in the tendency to bring answers and not willing to explain why.

With the help of an index that measured the proportion of accidents in which victims have a personal injury claim or more generally a claim of pain and suffering, the Council, California top of the list of countries with 55.7 100 percent of accidents. But South Carolina, with 41.4 per cent, and several other countries in rural areas was also high.

“For some reason, these people for the country is very fragile,” said James F. Perry, a vice-chairman of the National Council of Farm Mutual Automobile Insurance Company.

The bottom of the list was the State of South Dakota, whose inhabitants have called pain and suffering only 15.7 out of 100 accidents studied in this state.

Curiously, but while the driver of Los Angeles said the pain and suffering of 60.6 per cent of cases, San Francisco his colleagues had a low 37.4 per cent. In addition, pain and suffering right in Philadelphia rate was 75 percent, compared to only 15.7 per cent to Pittsburgh. In New York, the Bronx had a rate of 30.3 per cent, the highest for the city, while Queens showed a weakness for the city of 17.5 per cent.

“That was surprising,” said Donald W. Segraves, the Research Council, the Executive Director. Mr. Segraves supervised the preparation of the report. “Everyone has seen, the study was surprised at the number of large cities, he said.

Assekuranz leaders said they hoped that the study would also help them understand why the average rate has been higher in some cities. Once they do this, they can find ways and means to better control costs, could help slow the increase in premiums.

Some consumer groups say they already know, one thing that helps with the key Price: no-fault insurance, limits the ability of a person to blame.

“A good no-fault law solve approximately 20% of the problem,” said Stephen Brobeck, Executive Director of the Consumer Federation of America. “All the results of research shows that people with low value excessive.”

Most major auto insurers, without any assurance of debt. Companies argue that premiums on auto insurance policies could be considerably reduced if the accident victims’ pain and suffering claims was limited to serious cases. “Tap surplus Out ‘

No debt insurance “bruises excess of a quantity of applications, and some may close the legislature that the study,” said Segraves.

In New York and 13 other countries, without insurance, lack of laws, the proportion of complaints filed in case of accidents has decreased by half that by the way. Prices remain high in New York City, because the cost of break-ins and theft of vehicles, savings Marsh no-fault borders.

New Jersey is also a no-fault state famous for high auto insurance rates. This is partly because their guilt has not limit values are null and void, experts say. They note that motorists the opportunity to participate in suffering, in some cases, when their medical care of more than $ 200.

Other notable exceptions between no-fault states Hawaii, Massachusetts and Georgia, where the proportion of industrial accidents followed by work stoppage action was a rise in interest rates to three. Important for industry

Losses resulting from the violent storm weekend in the eastern USA are likely to meet insurance Carrier would have been harder than the case a year ago, analysts said Monday.

However, it was because of increases in interest rates for reinsurance - insurance coverage by the companies themselves, to reduce their own responsibilities - forcing institutions to keep more risks.

According to preliminary estimates of damage caused by the storm are between $ 500 million and 1 billion dollars.

Industry-financial sources and analysts say they are compatible with a plethora of information on cases of insured residents throughout the east coast, whose homes and property were damaged or destroyed by tornadoes, floods, hurricanes force winds, Sub Zero temperatures and other conditions within the storm.

“The losses are at least as bad as for the storm, click on the North-East in December,” said Michael Blum stone, in a related business insurance industry analyst at Morgan Stanley in New York. “And this number was approximately $ 650 million.

Dit experts, it was still too early to say that the big insurer American would be the hardest hit, while adding that all the Top 10 listed companies - airlines, as Aetna Life & Casualty, Chubb Corp. and American International Group - before considerable losses.

Two of the largest insurers, Nationwide Mutual Insurance Co. and State Farm Mutual Automobile Insurance Co., are not listed, while another, Allstate Insurance Co. is owned by Sears, Roebuck & Co.

“It was information on disasters in the last four years, as during the 20,” said Ira Mali, tracks insurance for Alex. Brown & Sons, Baltimore. “As a result of reinsurance prices increased sharply. It is recommended, a company could have been around $ 25 million risk in a given situation, he must now take $ 40 million.”

He said that Hurricane Andrew in August 1992, “causing about $ 20 billion of damage themselves, and it would have many times he had met worst Tampa or other densely populated areas.

Analysis adds that there is a paradox in the insurance sector: if a company suffers a large loss of colonies to claim its share prices tend to increase rather than decrease. The reason is that stocks of ensuring the rule of moving up in anticipation of the premium increases, and each event, the excess liquidity in the system generally does not lead to rate hikes’ interest.

Increases in premiums, analysts add that lead to profits, at least temporarily. “It is obscene,” said Mali, “disasters, but to do good for share prices.”

Share prices, many large insurers, the two main promoters and reinsurance companies, has increased significantly over the consequences of Hurricane Andrew, as the Standard & Poor’s Property Casualty and the S & P Multi-Line Insurance Index.

On Monday, American International share increased by $ 1 to $ 123625, but Chubb’s was $ 1 to $ 90.75 and Aetna’s down 50 cents to $ 47125th

David Seifer, tracks for the assurance of Donaldson, Lufkin & Jenrette, New York, said he also sought action in the course of force storm had something but after another reason. “The capital losses are attack,” he said. “This industry, in a price war, and anything that attacks east of the capital of the competition.”

Steven Goldstein, a spokesman for the New York-based Insurance Information Institute, the professional experts and insurers accidents, so that the industry was full of solvents despite the many pressures to which it during recent years.

“All of the net assets of USA ensuring the economy grew by $ 162 billion in the year 1992,” he said. “The capacity to pay such claims.” Mr. Goldstein added that the average house in the USA has been insured for 80 percent of their value.

Direction: A funny elected governor James J. Florio met today with journalists to explain that his first priority within the Office, this would reduce the high automobile insurance premiums and ensure a smooth transition of the administration of Thomas H . Kean Dir.

A funny elected governor James J. Florio met today with journalists to explain that his first priority within the Office, this would reduce the high automobile insurance premiums and ensure a smooth transition of the administration of Thomas H . Kean Dir.

Mr. Florio’s assessment that the concerns about abortion, the environment and development has been his great victory Tuesday over his Republican opponent and suggested that the lesson Democratic candidates around the nation a sound 24 points victory margin was that the Democrats win, when they also severely affected and as quickly as the Republicans.

”Do not be a Patsy,”M. Florio Democrats have set out to run for office communications next year.

The race was here as one of the most negative memories, starting with advertisements by Mr. Florio against the Republicans, Jim Courter. Conservatism that non-target organisms

Mr. Courter, in a separate press conference, due to its defeat, a failure to give voters a clear vision of who he was, or what it was. His message, a republicanism Resumed Reagan, with promises to fight against crime and taxes, was overwhelmed, he said, Mr. Florio attacks. Mr. Courter, said the results were not necessarily a repudiation of conservatism.

”He did not identify as a Conservative,”the Congress of Deputies of Hackettstown said. ”I defined as someone who lied, someone who Rabensteiner mothers, someone who is dirty, someone, polluted groundwater, someone, a Bigot, unfortunately.”

With 99 percent of precincts counted, Mr. Florio had 62 percent of votes, and Mr. Courter obtain 38 M. Florio won all but 4 of 21 districts, and in the constituency of Congress that Mr. Courter, since 1979.

Mr. Florio major contribution to victory, control of the Assembly back to the Democrats, won 44 seats in at least 80 member body. Tell should be, in some districts. Domination of the market by the Democrats

The Assembly victory means that Mr. Florio took office in January with his party controlling both houses of the legislature. It is the same for a shutout of Republicans from all sources of elektiven political power, with Democrats controlling the Governorhip, the Legislature and both U.S. Senate seats.

Because Senator Bill Bradley is expected to win re-election easily next year, the Republicans not to be able to walk again, until 1991, when the Assembly and Senate of the State is the re-election.

Democratic and Republican politicians agreed that Mr. Florio victory was the result of two factors: the campaign that Mr. Courter was bad, while Mr. Florio’s was well managed, that questions of Mr. Florio has chosen resonance of a rope with voters the issues that Mr. Courter withdrawn.

For several weeks, summer and early autumn, M. Courter wasted time trying to explain his position on abortion and gay rights, where he offered very conservative”,” personal convictions, but not accepted that the state policy. Democrats in the decision Flip-flop ping. The importance of honesty

In addition, Mr. Florio met at the outset of negative publicity, Mr Courter charges of lying and leaving toxic waste on his land. While taxes and counterattacked, Mr Courter said that the short time to tell voters what he faces positive.

In the New York Times / WCBS-TV poll of 1642 voters in polling stations chosen at random in 40 districts, voters said the typical candidate was most important was honesty. Among the listed honesty as important, Mr. Florio, an overwhelming majority to win.

But on another level, Mr. Florio, said in his press conference, the report concerns of voters in recent years has had a great effect. Mr. Florio has premised his campaign on the assumption that voters were ready to accept the government as long as it was effective and their concerns in the attack.