Citing statistics from the National Insurance Crime Bureau that ranks Florida as first in the nation for questionable auto insurance claims, three associations representing insurance and business interests are pushing for legislative reforms.
Zurich Financial Services Group expanded its insurance operations in Latin America and moved up a notch on the property and casualty scale as it announced a 25 year distribution agreement with Banco Santander SA.
Medical malpractice insurance rates might be too high because some insurers are spending as little as two or three percent of premiums to pay out claims, according to the California Department of Insurance.
Mitchell International, Inc., a provider of information, workflow, and performance management solutions to the property/casualty claims and collision repair industries, expanded its claims technology platform with the introduction of the Mitchell Regulatory Reporting Solutions
NU P&C’s Risk Management Editor Caroline McDonald reviews some of the tough choices municipalities face between balanced budgets and cuts in needed services and people, going on to review some smaller cuts of unnecessary spending, which governors of two large states are proposing.