Check out breaking insurance news from our companion site, PropertyCasualty360.com - where agents, brokers, insurers and claims professionals have access to news, research and data, product info, compliance and legal updates, technology developments, industry trends, and more.
Although the property and casualty industry turned in a “mixed performance” for the 2011 first quarter, fundamentally it remains “quite strong financially,” according to an analysis of results by I.I.I. President Robert Hartwig.
Allstate Insurance has filed another lawsuit in New York—this time in an attempt to get back $1 million from 10 psychological services facilities that alleged were never eligible to get insurance payments.
North Dakota Rep. George Keiser has applied for a spot on the Federal Advisory Committee on Insurance, says the National Conference of Insurance Legislators.
Over 30 people in South Texas developed a scheme with two doctors south of the border, resulting in the collection of $3 million in fraudulent insurance payouts.
New York lawmakers have sent to the governor a commercial-deregulation bill that allows insurers to go to market with some policies before regulatory approval, while Florida Gov. Rick Scott has signed into law a commercial-dereg bill in that state.
Property and casualty excess capital remains robust, although it has declined since July 2010, an analysis shows, while a separate analysis strictly on reinsurers shows a 6 percent decline in capital for the 2011 first quarter as companies contend with, among other issues, insured catastrophe losses.
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.
