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The action follows an 18-month efficiency evaluation by the insurance department. In a statement, Mr. Poizner said that rather than raise insurance fees, a review was conducted to make the department
Dallas since 2006 has been towing uninsured vehicles involved in motor vehicle accidents, but two weeks ago police there began enforcing an ordinance that calls for the impounding of cars when an
In a "dramatic" shift for the property-casualty insurance industry, some major insurers over the next few years will see their large share of the marketplace chipped away, a securities brokerage is
NEW YORK--The insurance industry is often too fragmented, timid and lackluster when delivering messages through the media, and new public relations strategies are needed to defend insurer interests
In its report, "Insurers' Reserve Adequacy Will Come Under Pressure As Operating Profitability Worsens," S&P said the p-c industry has experienced a declining pricing scenario in the past couple of ye
In its report, "Insurers' Reserve Adequacy Will Come Under Pressure As Operating Profitability Worsens," S&P said the p-c industry has experienced a declining pricing scenario in the past couple of
NEW YORK--American International Group's bailout by Washington does not prove the need for a national regulator, but if a federal charter is established by Congress it should not be optional,
NEW YORK--American International Group's bailout by Washington does not prove the need for a national regulator, but if a federal charter is established by Congress it should not be optional,
The announcements were made by Gregory A. Maciag, president and CEO of Pearl River, N.Y.-based ACORD, the Agent-Company Organization for Research and Development that drafts and disseminates standard
NEW YORK--Property-casualty insurers with simple management strategies weathered 2008 economic troubles better than carriers who branched out into other financial services sectors, industry experts
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