News

Although none of its clients were harmed financially, Acordia insurance brokerage should pay a penalty for failing to tell them it had a special compensation arrangement with certain carriers, a judge has ruled.

A second, more gigantic, ash cloud eruption from another Icelandic volcano named Katla is now "probable" a catastrophe modeling firm is warning.

Insurance trade groups are opposing a California bill, AB 1994, that would allow rebuttable presumption for some injuries suffered by hospital workers when they are seeking workers' compensation benefits.

Hospitals have driven up auto insurers' costs by more than $1 billion with charges for treating accident victims that would normally be paid by Medicare or Medicaid, an industry group study has found.

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

No-fault auto accident insurance fraud in New York State last year amounted to a $229 million ripoff of insurers and policyholders, said Steve Weisbart, Insurance Information Institute vice president and chief economist.