News

There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.

Northumberland, Pa.-based Keystone Insurers Group said it has added three more franchisees in Indiana to its list of more than 200 partner agencies in six states.

Under a House bill signed by Louisiana Gov. Bobby Jindal, the state will be allowed to take earmarked anti-fraud money and transfer it into the state's general fund for non-fraud purposes.

Foreign reinsurers opposing a proposed offshore insurer tax increase have criticized a YouTube video released by the measure's proponents, calling it "inaccurate and misleading."

In the wake of the financial crisis, the captive industry is running into new stumbling blocks that can triple the time it takes to set up a captive, according to a captive manager here.

NU Editor Sam Friedman's recent editorial columns on Eliot Spitzer and Maurice Greenberg are up for an award. See Sam's blog at www.NUSamSoapBox.com for details.