Missing claims deadlines, improper policy termination and failure to pay claims properly top the list of reasons why property-casualty insurers are out of compliance during market conduct exam.
Honolulu enjoys the most extensive health insurance coverage of any major American city, with only 5.25 percent of its residents without coverage, according to U.S. Census Bureau data.
More than 30,000 U.S. businesses filed for bankruptcy protection in the first half of 2009, a 64 percent increase from first half 2008, according to the American Bankruptcy Institute (ABI).
In a recent OfficeTeam survey of senior executives at the nation's 1,000 largest companies, nearly half of the respondents said they have some degree or discomfort being friended by the employees they manage or their bosses
Although U.S. captive insurers' net income declined approximately 66 percent in 2008, net underwriting income actually increased over the prior year, according to a recent A.M. Best Co. study of 186 captive companies.
A recent Towers Perrin survey found that 74 percent of claim officers at property-casualty insurers reported their main objective for making technology.
The Government Accountability Office (GAO) has found that the U.S. Postal Service (USPS) is in urgent need of restructuring and is moving too slowly to cut costs