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Louisiana Insurance Commissioner Jim Donelon says a recent state Supreme Court decision to reinstate a nearly $93 million class-action judgment against the states last-resort insurer is a potentially devastating event.
Louisiana Insurance Commissioner Jim Donelon says a recent state Supreme Court decision to reinstate a nearly $93 million class-action judgment against the states last-resort insurer is a potentially devastating event.
Premium growth in emerging markets has expanded by 11 percent over the past decade, driven by a strong economic environment, insurance supervision and regulations and product innovation, according to a study by Swiss Re.
Commercial-lines insurers should continue to achieve measured rate increases, but will not see a return to hard-market conditions, as capital remains strong, according to Moodys Investors Service.
Commercial-lines insurers should continue to achieve measured rate increases, but will not see a return to hard-market conditions, as capital remains strong, according to Moodys Investors Service.
Hu Chi-yang stands accused of severing his own hand to collect on his insurance. He claims, however, that three robbers chopped his hand off to steal his Rolex and ring.
Hu Chi-yang stands accused of severing his own hand to collect on his insurance. He claims, however, that three robbers chopped his hand off to steal his Rolex and ring.
Missouri regulators say a judge has approved a proposal to allow Missouri Farm Bureau to assume the operations of three insurers made insolvent by the May tornado in Joplin.
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