Steve Shappell, managing director of Aon Financial Services Group legal and claims practice, said the directors and officers (D&O) liability market rates are already soft with class actions at an
William Stander, Tallahassee-based regional manager for the Property Casualty Insurers Association of America, said "the OIR is seeking to prohibit insurers from using credit information by making it
With politicians in coastal states facing "white hot" pressure from rising property insurance rates, some federal catastrophe funding comes closer to reality, said one investment bank analyst late
Karen Pauli, senior analyst with Needham, Mass.-based TowerGroup, said that market actions like State Farm's in Mississippi and Allstate's throughout the country "will drive legislators to consider a
Mississippi Insurance Commissioner George Dale said the move was "a stark reminder that the issues brought about by Hurricane Katrina affect not only the coast, but policyholders all across the
"What has certainly had an impact on tort cost trends has been the decades plus decline in auto accident frequency, as the basic auto accident is the largest single portion of U.S. tort costs," he
Proponents and foes of a larger federal role in insuring mega-catastrophe risk clashed Saturday at a forum in Napa, Calif. during the annual meeting of the National Conference of Insurance
In his ruling yesterday, U.S. District Court Judge Harold Baer in Manhattan rejected arguments that insurers needed to provide the extra payments for safety and political acceptability as
In his ruling, Judge Walker said that allowing hundreds of policyholders to consolidate their cases against several major insurers would amount to a "quasi class-action lawsuit but without regard for
U.S. District Judge L.T. Senter ruled in favor of Nationwide Mutual Insurance Company in its contention that the great majority of damage to a Mississippi home was caused by flood, and therefore not
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"articles": [
{
"uri": "/2007/06/24/high-court-ruling-will-soften-do-rates-expert-says/",
"title": "High Court Ruling Will Soften D&O Rates, Expert Says",
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"summary": "Steve Shappell, managing director of Aon Financial Services Group legal and claims practice, said the directors and officers (D&O) liability market rates are already soft with class actions at an",
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{
"uri": "/2007/06/13/florida-regulators-industry-at-odds-on-scoring/",
"title": "Florida Regulators, Industry at Odds on Scoring",
"byline": "Steve Tuckey",
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"prettyDate": "June 13, 2007",
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"summary": "William Stander, Tallahassee-based regional manager for the Property Casualty Insurers Association of America, said "the OIR is seeking to prohibit insurers from using credit information by making it",
"body": null
},
{
"uri": "/2007/02/20/new-pressure-for-cat-fund-seen/",
"title": "New Pressure for Cat Fund Seen",
"byline": " Steve Tuckey ",
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"prettyDate": "February 20, 2007",
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"summary": "With politicians in coastal states facing "white hot" pressure from rising property insurance rates, some federal catastrophe funding comes closer to reality, said one investment bank analyst late",
"body": null
},
{
"uri": "/2007/02/19/state-farm-backlash-predicted/",
"title": "State Farm Backlash Predicted",
"byline": "Steve Tuckey",
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"prettyDate": "February 19, 2007",
"timeToRead": "2 minute",
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"summary": "Karen Pauli, senior analyst with Needham, Mass.-based TowerGroup, said that market actions like State Farm's in Mississippi and Allstate's throughout the country "will drive legislators to consider a",
"body": null
},
{
"uri": "/2007/02/14/state-farm-halts-new-mississippi-business/",
"title": "State Farm Halts New Mississippi Business",
"byline": "Steve Tuckey",
"kicker": "News",
"prettyDate": "February 14, 2007",
"timeToRead": "3 minute",
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"summary": "Mississippi Insurance Commissioner George Dale said the move was \"a stark reminder that the issues brought about by Hurricane Katrina affect not only the coast, but policyholders all across the",
"body": null
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{
"uri": "/2006/12/20/tort-costs-slowed-in-05/",
"title": "Tort Costs slowed in '05",
"byline": "Steve Tuckey",
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"prettyDate": "December 20, 2006",
"timeToRead": "2 minute",
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"summary": ""What has certainly had an impact on tort cost trends has been the decades plus decline in auto accident frequency, as the basic auto accident is the largest single portion of U.S. tort costs," he",
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{
"uri": "/2006/11/14/insurance-forces-clash-over-role-in-catastrophes/",
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"byline": " Steve Tuckey ",
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"prettyDate": "November 14, 2006",
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"summary": "Proponents and foes of a larger federal role in insuring mega-catastrophe risk clashed Saturday at a forum in Napa, Calif. during the annual meeting of the National Conference of Insurance",
"body": null
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{
"uri": "/2006/11/01/judge-insurers-off-hook-for-700m-wtc-cost/",
"title": "Judge: Insurers Off Hook For $700M WTC Cost",
"byline": "Steve Tuckey",
"kicker": "News",
"prettyDate": "November 01, 2006",
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"summary": "In his ruling yesterday, U.S. District Court Judge Harold Baer in Manhattan rejected arguments that insurers needed to provide the extra payments for safety and political acceptability as",
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{
"uri": "/2006/09/18/judge-rules-against-katrina-case-consolidation/",
"title": "Judge Rules Against Katrina Case Consolidation",
"byline": " Steve Tuckey ",
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"prettyDate": "September 18, 2006",
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"authors": [
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"summary": "In his ruling, Judge Walker said that allowing hundreds of policyholders to consolidate their cases against several major insurers would amount to a "quasi class-action lawsuit but without regard for",
"body": null
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{
"uri": "/2006/08/15/industry-wins-first-flood-exclusion-test/",
"title": "Industry Wins First Flood Exclusion Test",
"byline": "Steve Tuckey",
"kicker": "News",
"prettyDate": "August 15, 2006",
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"summary": "U.S. District Judge L.T. Senter ruled in favor of Nationwide Mutual Insurance Company in its contention that the great majority of damage to a Mississippi home was caused by flood, and therefore not",
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}