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Insurance crime experts are warning that "slip and fall" claims are soaring, and as a result, such claims are coming under greater scrutiny for potential fraud by both insurers and investigators.
Weather Services International (WSI) again lowered its predictions for named storms and hurricanes for the 2010 Atlantic hurricane season, but the forecast is still well above the long-term average.
Marsh is telling the Obama administration that cutting the federal terrorism risk insurance program would have a dire impact on the availability of terrorism insurance in the U.S.
The U.S. Bureau of Labor Statistics said fatal workplace injuries are at the lowest point they have been since surveys were first conducted, but unemployment has played a major role.
A U.S. Appeals Court vacated a $34.4 million judgment against American International Group filed by AXA, citing the French company's failure to file the suit in time under the statute of limitations.
Economic and insured losses from natural disasters have increased over recent decades, but a new report studying analyses of these events concludes anthropogenic climate change is not a main driver behind the increase.
It was a mistake for President Obama to cancel his NAIC speech to attend fundraisers in town instead, when he should have been rallying the regulatory troops on health reform, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapbox.com.
A nonprofit organization in support of the Homeowners Defense Act is using the anniversary of Hurricane Katrina to remind lawmakers the country is no better off today.
European insurers' exposure to certain heavily indebted countries within the eurozone is not expected to weigh down those insurers' credit profiles, Moody's Investors Service said in a Special Comment.
The insurance brokerage sector remains financially solid despite the weak U.S. economy and soft commercial property and casualty insurance market, Moody's Investors Service said.
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