Claims

Despite support from Florida's regulator, CFO, major insurance groups and even some consumer groups, the bills to curb PIP fraud have run into a massive roadblock.

Insurers in Arkansas have yet to be able to get to some of the areas most affected by tornadoes and high winds on Monday.

First-quarter net income for Bermuda-based Arch Capital Ltd. dropped to $19.3 million from $210.5 million a year ago during the same time due to $178.7 million in catastrophe losses.

Analysis reveals a 15-percent increase in BI and PIP claims over the past 2 years, as well as a 17-percent increase in QCs that same period.

Analysis reveals a 15-percent increase in BI and PIP claims over the past 2 years, as well as a 17-percent increase in QCs that same period.

There may never be another mass tort that combines widespread bodily injury with long-tail exposure as effectively as the “miracle mineral” of asbestos. But there are some interesting parallels between asbestos and a developing threat known as “fly ash.”

On the final day of the conference, agents met to hear a panel discussion with three insurance-industry CEOs and the president of the Insurance Information Institute on the state of the industry.

Insurance-industry lawyers are calling a global-warming lawsuit based on nuisance laws “the most significant case for the property and casualty insurance industry before the U.S. Supreme Court this term.”