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Legislation to create a Federal Insurance Office should contain language allowing it to preempt state law where it conflicts with some limitedinternational trade agreements, an official said.
Two national insurers say they have received Leadership in Energy and Environmental Design (LEED) designations from the U.S. Green Building Council for the re-design of existing buildings to make them energy efficient.
As state fraud bureaus across the nation face increasing economic pressures, Arizona officials are considering eliminating their fraud bureau completely.
American International Group, helped by accounting changes, posted a $455 million profit in the third quarter, its second period in the black, but management said it expects "continued volatility" for earnings.
The new president of Nationwide Insurance, Mark Pizzi, sat down with Claims magazine for a quick talk about his plans for the company's approach to claims handling. Check out this exclusive interview at http://bit.ly/1lpMH5.
A global temperature spike of 7.2 degrees Fahrenheit (4 Celsius) on average would increase insured flood losses in Great Britain 14 percent and Chinese typhoon losses 32 percent, a study has found.
It may not be surprising that insurance fraud is on the rise, but a recent investigation in Ohio has set the bar high for punishing low-life fraud suspects.
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