News

A Florida website launched less than two weeks ago is already helping capture insurance fraudsters.

Dozens of homes have been scorched by wildfires in Texas, as the Dallas/Fort Worth area was pummeled by golf-ball-sized hail and tornadoes.

Also, expansion news at Hanover.

The results of a Florida personal injury protection insurer data call confirms statements made by the industry in recent years: despite no increase in new drivers and no increase in the frequency of crashes, PIP claims increased 28 percent from 2006 to 2010.

Risk Management Solutions says insured losses from the March 11 Japan earthquake and tsunami will likely be between $21 billion and $34 billion, including both property and casualty and life and health claims.

With a rise in mergers and acquisitions expected to continue through 2011, unseen regulatory, legal and other risks can doom a potentially sound arrangement, according to an expert at ACE USA.