Most reinsurers have far more capital than a year ago, capacity is abundant, but problems lie ahead for the marketplace, Holborn reinsurance brokerage predicted.
The federal appeals court in Washington, D.C. has found that auto damage adjusters working for GEICO do not qualify for overtime benefits under the Fair Labor Standards Act of 1938 (FLSA).
The federal appeals court in Washington, D.C. has found that auto damage adjusters working for GEICO do not qualify for overtime benefits under the Fair Labor Standards Act of 1938 (FLSA).
A trust formed to handle Chinese drywall damage claims for over 700 homeowners has filed a federal lawsuit against 14 insurers, seeking indemnification for their losses.
The federal appeals court in Washington, D.C. has found that auto damage adjusters working for GEICO do not qualify for overtime benefits under the Fair Labor Standards Act of 1938 (FLSA).
A recent government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their residents.
There is currently no immediate permanent replacement for Maryland Insurance Commissioner Ralph Tyler, who leaves his post Friday to become chief counsel to the federal Food and Drug Administration, an official said.
Auto insurance customers are typically more satisfied with their claims experience than are homeowner policyholders--although personal lines carriers in general rank higher on service than do players in other industries.