Property Claim Services said it has declared both the April 28 Virginia tornado outbreak and the May 1 to May 2 twisters in in Kansas, Missouri, Oklahoma, Texas, Arkansas as an insurance catastrophe
Whose fault is it when properties are underinsured? The policyholder? The agent? The insurance carrier? That's the question we posed to NU readers following last ...
K&K Insurance Group Inc. announced an expanded business agreement with AmTrust North America to provide workers' compensation coverage in additional states for certain K&K sport, leisure and entertainment programs, including dance and martial
The issue of underinsured properties returned to the forefront in the wake of the November 2007 California wildfires. Some state officials suggested the problem arose from a "lack of clarity" in
The move to pull in market conduct data has drawn strong opposition from the insurance industry. In addition to expressing concern over using the financial filing to draw in nonfinancial information,
With over $1 billion in tornado losses hitting insurers, first-quarter 2008 twister loss totals have blown past comparable first-quarter loss totals for the last four years, A.M. Best reported yesterd
ORLANDO, FLA.-- Expressing concern that the annual filings will become a catchall, insurers are resisting a plan by the nation's insurance regulators to have market conduct reports become a part of car
ORLANDO, FLA.-- Expressing concern that the annual filings will become a catchall, insurers are resisting a plan by the nation's insurance regulators to have market conduct reports become a part of car
Oklahoma City, Okla.-based BMSI Holdings Inc, the parent company of the financial institution insurer BancInsure Inc., named Bruce Livingston vice president and chief underwriting officer of the compa
Alex Hageli, manager of personal lines for the Property Casualty Insurers Association of America, listed the following bills that have been introduced as of Feb. 29 to ban the use of credit scoring