Eight New Yorkers have been charged in connection with a scheme to defraud multiple insurance companies of millions of dollars by staging auto accidents.
Eight New Yorkers have been charged in connection with a scheme to defraud multiple insurance companies of millions of dollars by staging auto accidents.
New programs from All Risks/Markel, Lockton Affinity and Torus, Applied Systems won 19th straight ACORD award, Ronald Von Haden was named executive vice president and CEO of PIA National.
The lack of competition and exorbitant rate charges point to a need for strong regulation of force-placed insurance programs, say consumer advocates in New York.
The lack of competition and exorbitant rate charges point to a need for strong regulation of force-placed insurance programs, say consumer advocates in New York.
Personal-auto insurers that are at the forefront in offering usage-based insurance products will gain a significant competitive advantage in pricing and policy retention, while companies that dont offer such products may face adverse selection in the future, according to Moodys Investors Service.