An ongoing federal investigation in North Carolina has revealed that a small reinsurance broker and confederates scammed two self-insurance groups and a captive insurer out of $39 million in workers'
State Farm Fire & Casualty Company reached a global settlement today that could exceed $500 million in compensation to Mississippi policyholders whose houses were damaged by surging waters driven by H
A state grand jury was impaneled in Pascagoula, Miss., last week to hear evidence in an investigation of State Farm's handling of Hurricane Katrina claims, a week after the carrier was hammered with
The probe, being conducted by State Attorney General Jim Hood, began months ago when subpoenas were issued, and was the subject last year of an unsuccessful court challenge by the insurer and a Housto
Insurance Commissioner George Dale recently vowed that the Mississippi Insurance Department (MID) will continue its devotion on getting as many claims from Hurricane Katrina paid as is possible. Dale
Claims News Service, Aug. 30, 10:40 a.m. EDT -- Insurance Commissioner George Dale recently vowed that the Mississippi Insurance Department will continue its devotion on getting as many claims from
In comments to the Personal Lines Regulatory Framework Working Group, the two groups fault the model for failing to meet the needs of 21st century regulation but oppose the proposal from radically dif
Failure to notify an insurer of a claim on a timely basis justifies a decision not to defend the parties to the lawsuit, the Illinois Supreme Court ruled yesterday, upholding existing precedent in tha