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The House Financial Services Committee reported to the House floor legislation reauthorizing the National Flood Insurance Program for five years. The vote was unanimous.
Claims from the earthquake that shocked the Murcia region of Spain on Wednesday will cost the state owned insurer around $100 million, risk-modeling firm EQECAT says.
Insuresoft, a policy administration solution provider for property and casualty insurance carriers, announced today the formation of a partnership agreement with Marias Technology of Piqua, Ohio. This partnership will bring cost-effective business process outsourcing and business continuity services to small to mid-sized property/casualty insurance carriers.
DST Systems, Inc., is expanding its footprint in the insurance marketplace. DST provides business solutions to 21 of the 25 largest U.S. life insurance carriers, and will expand its insurance solution portfolio through DST Insurance Solutions.
The Captive Insurance Companies Association says an article on captives written in The New York Times this week “completely misses the point” and is “impossible to correct.”
Risk modelers are still assessing the earthquake that rocked a portion of Southern Spain on May 11, taking the lives of at least eight people and damaging thousands of buildings.
Risk modelers are still assessing the earthquake that rocked a portion of Southern Spain on May 11, taking the lives of at least eight people and damaging thousands of buildings.
The House Energy and Commerce Committee has reported to the full House legislation that would cap non-economic damages in malpractice cases at $250,000 and set other restrictions on lawsuits against doctors.
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