News

AIR Worldwide (AIR) has received certification of its 2010 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology.

Donna M. Cunningham has been elected president of the Professional Insurance Agents of New Jersey Inc. (PIANJ), a producer trade association.

Weiss Research Inc. finds a number of large life and annuity insurers are in solid financial shape.

The Louisiana legislature has passed a bill that would prevent insurers from canceling or nonrenewing homeowners policies because of Chinese drywall claims.

Insurer associations and auto repair shops in Rhode Island are sparring over a bill passed by the legislature that would require independent appraisals on vehicles when damages are thought to exceed $2,500.

In its latest ForeCASTSM analysis, the National Insurance Crime Bureau (NICB) reported a significant swell in both hail loss claims and hail loss questionable claims (QCs).