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In brief.

Publication: Business Insurance
Publication Date: 30-JUN-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: In brief.(News)(property/casualty insurance industry's aftertax net income felling 49.4% to $8.2 billion in first quarter of 2008 )(Groups sponsoring personal electronic health record platforms agreeing to set standards)(federal judge dismissing counterclaims by American International Group Inc. against Starr International Co. Inc)

Article Excerpt
P/C profits fall in first quarter

The U.S. property/casualty insurance industry's aftertax net income fell 49.4% to $8.2 billion in the first quarter of 2008 compared with the same period a year earlier, according to an analysis released by the Insurance Services Office Inc. and the Property Casualty Insurers Assn. of America. The decline reflected a $600 million underwriting loss, compared with an $8.3 billion underwriting gain during the first three months of 2007. In addition, investment gains declined 18.8% to $12.2 billion compared with the 2007 first quarter.

Online health records get privacy standards

Groups sponsoring personal electronic health record platforms, including Google Inc., Microsoft Corp. and...

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