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State Farm must pay $2.5 million in punitive damages to a couple whose house was destroyed by Hurricane Katrina, a Mississippi federal jury ruled yesterday. The panel's finding came hours after U.S. D

The U.S. Chamber of Commerce sees the provisions as so irksome it is mounting a full court press against them, marshaling 19 associations representing business and industry into a group calling itself

ACE Chief Executive Officer Evan Greenberg told an investors conference today that federal rules barring the accumulation of catastrophe reserves need fixing, but tax statutes relating to Bermuda co

ACE Chief Executive Officer Evan Greenberg told an investors conference today that federal rules barring the accumulation of catastrophe reserves need fixing, but tax statutes relating to Bermuda co

Last month your resident image-smasher took a look at the bane of all auto claim adjusters, the low impact soft tissue (LIST) claim.

Keeping track of mileage, transportation, and accommodation business costs can be a full-time job for field adjusters.

Most independent adjusters are responsible for their own lodging and transportation expenses while working catastrophes. Can these expenses be deducted from an adjuster's yearly income?

Scandals involving financial improprieties at such firms as WorldCom, Enron and Arthur Andersen have drawn attention to the corporate governance of for-profit and nonprofit organizations alike. Consider also that the number of nonprofit entities has