To draw a parallel between biology and technology, insurance policy administration systems (PAS) started out as simple organisms, existing solely as systems of record for the business and insurer writes. Functionality has gradually evolved and become increasingly complex, and so has the definition of PAS
Florida's workers' compensation market remains competitive and affordable, and with a few exceptions, coverage is available to employers, according to an annual report from the state's regulator.
In a cutthroat commercial lines marketplace, insurers have sharpened their focus on modernization of their policy administration systems (PAS). Failure to address this issue is a gamble insurers can’t afford to make.
National Union Fire Insurance Company of Pittsburgh, a Chartis company, was not successful in getting a federal judge in Florida to say the insurer has no duty to defend or indemnify a drywall contractor.
A trust formed to handle Chinese drywall damage claims for over 700 homeowners involving a bankrupt homebuilder has filed a federal lawsuit naming 14 insurers, seeking indemnification for their losses.
A trust formed to handle Chinese drywall damage claims for over 700 homeowners has filed a federal lawsuit against 14 insurers, seeking indemnification for their losses.
A lawsuit has been filed against 14 insurers that seeks indemnification for losses and breach of contract arising from claims for the development and sale of homes allegedly containing defective Chinese manufactured drywall.
The Ward Group has released its top 50 P&C insurance companies in the United States, and the list looks significantly different from just one year ago.