State Farm and Mississippi's insurance regulator announced an agreement for handling Hurricane Katrina claims today, which the company said includes many provisions of a proposed class-action settleme
While they may never meet the certainty standard of death and taxes, some nine out of 10 insurers in the London market now deliver clear proof of coverage to buyers within 30 days of their policy's
Mississippi's insurance regulator announced today that State Farm had agreed to his request that they reexamine all claims involving policyholders in the state whose homes were smashed off their found
Claims News Service March 5, 1:55p.m.- The president of the Insurance Information Institute (I.I.I.), Dr. Robert Hartwig, recently testified for the U.S. House Financial Services Committee's
The industry took some devastating blows during a Congressional hearing yesterday on insurer handling of Hurricane Katrina claims. I was actually on Capitol Hill to ...
Developed by the New York-based International Institute for Conflict Prevention and Resolution, the new protocol, it was explained, provides a framework for mediating insurer-reinsurer disputes that c
Ask any industry professional, from the boardroom to the claim handler, What is one of the top problems facing the industry? More often than not they will answer, litigation. Whether it is auto,
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 last week. The panel's finding came hours after U.S.