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A House subcommittee late Tuesday passed legislation that would exempt commissions paid to insurance agents from the medical-loss ratio calculation mandated under the healthcare reform law.
A House subcommittee late Tuesday passed legislation that would exempt commissions paid to insurance agents from the medical-loss ratio calculation mandated under the healthcare reform law.
Farm income is forecast to increase over last year, helped by insurance payouts from the crop-insurance program covering losses from the disastrous drought in much of the country, but insurance associations argue that the program is not a bailout that guarantees profits for farmers.
Farm income is forecast to increase over last year, helped by insurance payouts from the crop-insurance program covering losses from the disastrous drought in much of the country, but insurance associations argue that the program is not a bailout that guarantees profits for farmers.
State Farms claims-handling following 2008s Hurricane Ike is being investigated by authorities inTexas, and at least one legislator is asking the state insurance department to look into the matter as well.
State Farms claims-handling following 2008s Hurricane Ike is being investigated by authorities inTexas, and at least one legislator is asking the state insurance department to look into the matter as well.
The catastrophe bond sector is likely to grow by 25 percent in 2012, reaching $6-7 billion in issuance by the end of the year - matching a previous record set in 2007, investors say.
The catastrophe bond sector is likely to grow by 25 percent in 2012, reaching $6-7 billion in issuance by the end of the year - matching a previous record set in 2007, investors say.
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