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.
A public hearing by the New York Department of Insurance on whether to add coverages to the state's excess and surplus lines "export" list was deemed successful by an agent trade association.
Members of the Senate Homeland Security and Governmental Affairs Committee sent a letter to the director of the U.S. Marshals Service, asking for an explanation about the storage of images from whole-body scanning machines.
Facing another looming flood program expiration deadline on Sept. 30, agents are expressing frustration at Congress and are advising clients to pay renewals for flood policies in advance of the deadline in case there is another lapse.
Recommendations to the states for the collection of surplus lines taxes from insurance regulators should be in place by the National Association of Insurance Commissioners' (NAIC) November meeting, said the chairman of the NAIC Surplus Lines Task Force.
Two consumer advocates told insurance commissioners they would prefer to see regulation of insurance remain with the states, as opposed to a federal takeover.
A federal appeals court has vacated the decision by a district court three years ago to dismiss antitrust and racketeering complaints against numerous insurers and brokers allegedly involved in a bid-rigging scheme with Marsh & McLennan.
Climate change could significantly increase Caribbean hurricane risk and raise annual expected losses by another 1 to 3 percent of GDP for some Caribbean countries by 2030, according to a new study.
Allstate insurance companies in Louisiana have been approved to raise homeowners insurance rates an average of 7.3 percent statewide, according to the Louisiana Department of Insurance.
Insurance policies lack the standardization consumers, producers and regulators expect for homeowners and other liability coverages and only true transparency will solve this dilemma for buyers, a consumer advocate said.
The common perception is that a captive insurer or risk retention group entering rehabilitation has hit the skids and is on its way out, but the opposite is sometimes true, according to a captive management company.
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.