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By Howard Mills |
April 12, 2012
Business as usual is not the usual any more, and insurers might do well to prepare for a period of heightened enforcement and concomitant reputational risk.
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By Phil Gusman, PropertyCasualty360.com |
February 10, 2012
James Wrynn, deputy superintendent of Financial Services in New York, and the state’s former insurance superintendent before the banking and insurance departments were merged, is leaving the Department of Financial Services to join law firm Goldberg Segalla LLP.
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By Neil Alldredge |
November 1, 2011
A 40-year-old concept gains traction in tough tort environment
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By Phil Gusman, PropertyCasualty360.com |
March 4, 2011
Of the 14,625 suspected health care fraud reports that the New York State Insurance Department received, 12,807 of them involved the state’s no-fault system, according to the insurance superintendent’s annual fraud report.
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By Ted Besesparis |
March 1, 2011
Last year when Congress created the Federal Insurance Office (FIO), it ordered a broad study of insurance regulation in the United States—but it assigned the task of conducting that study to the FIO that it had just created. This creates an ideological conflict of interest.
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By Chad Hemenway, PropertyCasualty360.com |
January 6, 2011
A study by the Insurance Research Council (IRC) reports a high percentage of fraudulent auto claims in the New York City area.
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By Chad Hemenway, PropertyCasualty360.com |
January 5, 2011
An astounding 22 percent of auto insurance claims in the New York City area appear to be fraudulent, according to a study by the Insurance Research Council (IRC).
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By Chad Hemenway, PropertyCasualty360.com |
December 30, 2010
Allstate Insurance Company said it has added another lawsuit to its list in an attempt to recoup claims it paid to allegedly fraudulent medical professionals.
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By Phil Gusman, PropertyCasualty360.com |
October 15, 2010
A panel formed to assess the state of coastal homeowners insurance in New York met for the first time earlier this week, with agent and regulatory representatives noting that there remains an affordability issue in some regions in the state.
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By Chad Hemenway, PropertyCasualty360.com |
October 4, 2010
Homeowners insurance controversies have made headlines in Florida, Mississippi and New York of late, as insurers and regulators struggle to maintain a viable catastrophe coverage market, and in some cases butt heads over rates and exposure.