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Property Casualty Industry news by location.
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Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
An updated guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. A Fannie Mae spokesperson said the...
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South Carolina Ringleader Sentenced to 8 Years for Staged Accidents
A man that South Carolina authorities have called a ringleader of an insurance fraud ring, who once recruited accomplices while he was in prison, has pleaded guilty to staging accidents and defrauding insurers of more than half a million...
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