Claims

In recent years, the use of engineered nanomaterials in consumer products like sunscreen, cosmetics, clothing and baby products has soared. As a result, substantial concern has developed because these tiny materials are often made of toxic substances, and closely resemble asbestos fibers.

A Texas judge has upheld an order against State Farm to refund $310 million to policyholders for alleged excessive rates from as far back as 2003.

Readers weigh in on a dilemma proposed by Question Of Ethics Columnist Peter R. Kensicki regarding an agent’s obligation to report payroll misstatements that were discovered while preparing a proposal for a potential client. In Part 2, readers discuss duties to the current insurer and consider legal ramifications.

Wildfires continue to burn down homes in western Texas as firefighters try to wrangle 20 separate fires this week, which have consumed 1,000 acres.

Insurance companies are already handling thousands of claims in North Carolina after hundreds of tornadoes touched down from Oklahoma to the East Coast.

A tornado-spewing storm system that killed at least two dozen people across half the country unleashed its worst fury on North Carolina, where homes broke apart, trees snapped, and livestock were swept into the air.

Bermuda-based Endurance Specialty Holdings says it expects $125 million in losses from the March 11 Japan earthquake and tsunami, and Iowa-based United Fire & Casualty Company says it expects $10 million in first-quarter catastrophe losses incurred in the company's assumed reinsurance portfolio.

Statistics reveal California has seen almost 50,000 QCs reported since 2008.