In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.
In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.
Subrogation is an unfamiliar word to policyholders, but that doesnt mean we shouldnt use it. In fact, it is a word we should use often, along with an explanation of how and why it works and the benefits to policyholders.
Arbitration Forums, Inc. (AF), non-profit developers of the electronic subrogation system E-Subro hub, announced that the final link in a nationwide electronic subrogation network is now complete.
Arbitration Forums, Inc. (AF), non-profit developers of the electronic subrogation system E-Subro hub, announce the final link in a nationwide electronic subrogation network is now complete. The final six states have joined the system, which AF makes available to participants at no cost.
U.S. Senators Barbara Boxer and Dianne Feinstein have introduced a bill that would authorize the U.S. Department of the Treasury to guarantee up to $5 billion in bonds available to certified public entities like the California Earthquake Authority following a “mega-catastrophe.”
Railroad operator Norfolk Southern says it will record an expense of at least $58 million from a 2005 derailment after an arbitration panel ruled against it regarding an insurance claim.