News

Between one and four hurricanes may hit the U.S. coast, according to a new forecast from a team at University College London in the United Kingdom.

Big auto insurers, who said in February they were reviewing Toyota auto accident claims for subrogation actions involving accelerator problems, have begun moving cases with the carmaker.

The finishing touches are being made on next month's ACORD LOMA Insurance Systems Forum, running May 24-26 at the Mandalay Bay Resort in Las Vegas.

Entries are invited for the "Commercial Insurance Agency of the Year" Award program, run jointly by National Underwriter and American Agent & Broker.

Enactment of the new health care reform law has already spawned fraud schemes by which individuals are seeking to sell bogus policies through 1-800 numbers and by going door-to-door, federal regulators are warning.

Proposed cuts in the subsidies provided crop insurers by the U.S. Department of Agriculture could lead some reinsurers that support the program to withdraw or scale back their capacity, according to an insurance brokerage.