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Rep. Taylor, who recently settled a suit against State Farm over his own claim, made his attack on insurers before the House Financial Services Subcommittee on Oversight and Investigations. After test
The industry took some devastating blows during a Congressional hearing this week on insurer handling of Hurricane Katrina claims. NU Editor In Chief Sam Friedman, on Capitol Hill to witness the
Computer Sciences Corporation has announced a Massachusetts-based insurer has licensed and now is using CSC's new Precedent ID software to increase consistency during claims assessment and
"This bill is a positive step to protect Florida families on roads and highways from speeding drivers," said Ken Underwood, president of the National Safety Commission, which provides auto safety cour
State Farm's proposed class-action settlement for Mississippi homeowners with Hurricane Katrina damage is a quick, simple remedy for those who want to take part, an attorney told a federal judge yeste
WASHINGTON--Senate Democrats expressed strong backing at a hearing today for continuing government insurance industry support for terrorism catastrophe losses, but concerns voiced about the program by
The announcement was made today in conjunction with ceremonies by the IIABA, the American Institutes for CPCU and the Insurance Institute of America honoring graduates of the ACSR program with ACSR Tr
"For years, the LAAA has been urging our members to take market challenges seriously and prepare their businesses to compete in the 'new insurance world,'" said Gustavo Contreras, LAAA president. "Thi
Robert Hartwig, Insurance Information Institute president and chief economist, said p-c companies have only a 17 percent of their assets in stocks so a drop in the price of shares would have only "a m
The new law also eliminates a requirement that Citizens' rates be noncompetitive and creates an anti-cherry picking measure requiring auto insurers in Florida that write homeowners coverage in other s
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