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However, it was another 40 years before 16 states adopted no-fault systems. While this resulted in better compensation for injured persons, several states failed to deliver on the promise of lower pre
The seventh annual Aon Hospital Professional Liability and Physician Liability Benchmark Analysis measured 47,735 claims representing more than $4.4 billion of incurred losses in the United States fro
ORLANDO--The nation's insurance regulators hope to have proposals for a federal catastrophe program ready by the start of 2007 at the latest, according to Florida Insurance Commissioner Kevin McCarty,
ORLANDO--The nation's insurance regulators hope to have proposals for a federal catastrophe program ready by the start of 2007 at the latest, according to Florida Insurance Commissioner Kevin McCarty,
The Independent Insurance Agents & Brokers of America Inc. has filed additional federal court papers in a battle by agent groups to intervene in a settlement that affects their fee process with insure
"Underwriting discipline has improved since the late 1990s, when insurers grossly underpriced to gain market share and relied on investment income to sustain financial strength," said Standard & Poor'
"We've made a lot of progress this year," said Kim Dorgan, executive vice president of federal relations for the ACLI. However, she predicted passage by both chambers could take two to four years, and
"We've made a lot of progress this year," said Kim Dorgan, executive vice president of federal relations for the ACLI. However, she predicted passage by both chambers could take two to four years, and
New York-based MMC is the parent company of insurance broker Marsh. MMC last year was required to create a compliance committee from its board of directors as part of a settlement amending Marsh busin
New York-based MMC is the parent company of insurance broker Marsh. MMC last year was required to create a compliance committee from its board of directors as part of a settlement amending Marsh busin
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