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While claim settlement is the largest driver of customer satisfaction during a property claim experience, first notice of loss drives a significant 21 percent of the experience and often sets the tone for the remainder of the claims process, a new J.D. Power and Associates study says.
Although Tropical Storm Don's path is south of the main oil and gas producing regions in the Gulf, about 500 operating oil and gas rigs are in the storm's path and could face damage.
State insurance regulators told Congress today that they have heightened regulation of holding companies in the wake of problems experienced by American International Group.
Successful implementation of the federal surplus lines reform law is threatened by the patchwork way it is being interpreted by the states, an industry representative told Congress today.
Successful implementation of the federal surplus lines reform law is threatened by the patchwork way it is being interpreted by the states, an industry representative told Congress today.
Forecasters say Tropical Storm Don in the southern Gulf of Mexico is tracking toward parched southeastern Texas and is expected to make landfall late Friday.
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