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To be approved, the model law must involve a national standard that requires uniformity amongst all states and receive the commitment of significant regulator and association resources to educate, com
William Stander, regional manager for the Property Casualty Insurers Association of America (PCI), said "persistent problems with personal injury protection claims fraud and abuse have forced consumer
Privately owned Boston-based Liberty Mutual said it has agreed to purchase all Ohio Casualty outstanding common stock shares for $44 per share in cash. The amount is a 32 percent premium over Friday's
The Florida Legislature's passage of a measure allowing the state-created property insurer of last resort to assume more risks is a dangerous financial move for businesses and taxpayers, insurance ind
Insight Catastrophe Group, a property catastrophe risk management and underwriting services provider, announced the appointment today of Richard Rooney as senior vice president and chief underwriting
SunGard and Albridge Solutions have completed the data integration between SunGard's financial modeling and planning solution and Albridge's consolidated client data. The integration provides
Indeed, a better prediction of storm-surge heights will help officials determine what building standards should be enforced for any particular site, according to Stephen Cauffman, with the National
The new framework requires the parent committee and the executive committee to approve, by a simple majority vote, the development of a model law before drafting begins, according to the NAIC, Kansas
Days after settling an individual lawsuit brought by Mississippi Republican Sen. Trent Lott, State Farm was "disappointed" to learn that the state's attorney general plans to sue over a failed class
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