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The Florida Commission on Hurricane Loss Projection Methodology has approved catastrophe modeling firm Risk Management Solutions’ new hurricane model.
While the insurance market for transportation risks is still soft, those in the industry are saying it has begun to stabilize and the tide of new entrants flooding into the market is beginning to slow, according to NIP Group’s first-quarter Transportation Insurance Pricing Survey.
Three La. residents have been accused of insurance fraud for filing bodily injury claims after a car accident in which they were not actually involved.
Note holders will have to wait before they receive interest payments on the notes they were issued as part of a settlement with guaranty insurer Ambac as the Wisconsin Insurance Commissioner reviews the tax implications of such payments.
Note holders will have to wait before they receive interest payments on the notes they were issued as part of a settlement with guaranty insurer Ambac as the Wisconsin Insurance Commissioner reviews the tax implications of such payments.
Forecasters say Florida is among the most likely states to get a hurricane landfall, and storm activity is supposed to be above normal, putting all property insurers in this extremely volatile market on notice.
CSC released its next-generation of RiskMaster, a software system that helps claims and risk managers administer all aspects of liability and workers’ compensation incidents and claims. The newest features of the fully Web-enabled software, coupled with major enhancements over the past five years, provide insurance carriers and others with broader...
AAA Auto Club Group goes live with policy administration and billing software from CodeObjects. PolicyEnterprise and BillingEnterprise streamline policy administration, enhance underwriting accuracy and efficiency, and providing automated, real-time billing.
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