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An Insurance Information Institute representative said the likely administrator of a $20 billion fund for oil spill disaster claims has the experience but will be challenged to develop a fair, timely process given the resources available.
The Self-Insurance Institute of America Inc. (SIIA) criticized a New York task force report calling for the end of the group self-insured trust workers' compensation program in the state.
Hopes the insurance industry had of politicians putting disagreements aside to reauthorize the National Flood Insurance Program (NFIP) were dashed today in Washington, as the Senate voted against legislation to restart the program.
Robert B. Baxter, CEO and general manager of Dryden Mutual Insurance Company, has been awarded the New York Insurance Association Inc.'s (NYIA) 2010 Chair's Distinguished Service Award.
Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.
A federal judge granted preliminary approval of a $72.5 million settlement between The Hartford Financial Services Group Inc. and a class of people who alleged the insurer underpaid personal injury and workers' compensation claims.
Final action on the insurance title of financial services reform legislation has been delayed as conferees debate the scope of preemption authority a federal insurance office would have to preempt state law when negotiating bilateral trade accords.
Agent associations have joined the National Crop Insurance Services' (NCIS) criticisms of the Obama administration's decision to cut the federal crop insurance program by $6 billion over the next 10 years.
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