Procedures to unwind troubled insurance companies can be complicated by unforeseen tax issues, blindsiding stakeholders—regulators, creditors, owners of troubled companies, and even healthy ones included in consolidated returns—at a time when none of these parties is focusing on the Internal Revenue Service.
Sixty-eight percent of adults disagree with the idea that local governments should charge accident response fees to individuals involved in traffic accidents, according to a new study from the Insurance Research Council (IRC).
Like being stuck in a recurring dream, the people of Florida continue to face the vexing question of what to do with a no-fault automobile insurance system that forces them to pay more than necessary for insurance. Its time to wake up.
The right strategy is all it takes for your organization to minimize fraud losses. One particular session at America's Claims Event this month can help you do just that.
Homeowners’ claims costs have been climbing in Wash., and a new study conducted by the Insurance Research Council (IRC) has identified legislation passed in 2007 as the most probable culprit.
Insurance groups again made their case during a New York legislative hearing for reforms to the state's no-fault system, which the groups say is riddled with fraud and costs citizens hundreds of millions of dollars a year.
Homeowners’ claims costs have been climbing in Wash., and a new study conducted by the Insurance Research Council (IRC) has identified legislation passed in 2007 as the most probable culprit.
Of the 14,625 suspected health care fraud reports that the New York State Insurance Department received, 12,807 of them involved the state’s no-fault system, according to the insurance superintendent’s annual fraud report.