News

On April 1, 2010, Arbitration Forums, Inc. (AF) will expand E-Subro Hub, a paperless Web-based subrogation system, to include two of the largest states in the subrogation market: California and Pennsylvania.

Five insurance trade groups have filed a petition asking California officials to review whether the state insurance commissioner created "illegal underground regulations" concerning Iranian investments.

Across all industries, the total number of federal class action lawsuits filed dropped by 21 percent last year, with financial services firms continuing as the favorite target, a consulting firm reported.

Insurance brokerage Willis Group Holdings, plc., said it raised more than $400,000 for Haitian earthquake relief efforts using a special internal company Web site to gather donations.

An unprecedented $16 billion in first-quarter reinsurer losses from the Chilean earthquake, European storm Xynthia and other natural catastrophes is a record worst for the period, said Willis Re.

While Democrats tout consumer protections in the health care reform law, most people with group health coverage don't appreciate they already enjoy such benefits, says NU Editor Sam Friedman in his blog today at www.NUSamSoapbox.com.